Applying Weinstein to Managed Funds

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sway

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Post Number: 306
Registered: 12-2005

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Tuesday, May 20, 2008 - 12:36 pm:

My only concession to the "bottom drawer" is a series of investments in Advance Imputation Fund dating back to 1992. It has done alright I suppose and at least it gave me a benchmark for when I decided to go solo. The CGT liability means I will probably have to keep them until my tax situation allows me to consider other alternatives.

This graph shows the % change in the account balance since November 2006. This was when I started to keep weekly records. I have always reinvested distributions and this is included in the balance.

Because of my interest in Weinstein I also plot a 30week MA. Notwithstanding the CGT, I'm not sure I would have sold when it dipped below the MA, but at least it now looks like it will go back above. This is not really a fair example because of the distro reinvestment, which results in a form of dollar cost averaging. In Weinstein's book he talks about using his strategy on managed funds (or mutual funds as the US calls them).

Anyway, this is just for interest.

Cheers
Sway

This is not a recommendation or advice. As they say .... DYOR.