Hi All
A year plus later..
Has anyone adopted either Winton Trend-Enhanced Global Equity (UCITS) or iMGP DBi Managed Futures Fund R USD UCITS ETF
or another UCITS trend instrument (leveraged or unleveraged?
still think this seems to be a great strategy but also with quite some pitfalls in propper implemenation..
I think @Tony1337 can have stories to tell about that especially if 2026 follows the trend we’re on YTD…
I still have a significant allocation to the iMGP DBi Managed Futures Fund R USD UCITS but now started to buy the UCITS ETF version. That one has about 0.4% less cost (1.12% vs. 0.75%) according to their KIIDs. But it is not yet eligible for IBKR margin, which I need.
Those 0.4% extra because margin perks are quite problematic, now that I think about it…
How significant in terms of PF %? Have you just bought or do you rebalance actively?
Target at 20% (net, I have more than 100% assets), rebalancing with bands, first allocated about 2-3 years ago (would have to check for exact date).
And if I may, how many times have you rebalanced? Has it happened by selling part of it already, or selling other PF component in order to buy it? Or only through contribution? Have you strictly triggered orders when (band) rule applied?
(Trying to grasp real life trading experience).
Only bought more to reach target again. This was triggered by volatile cryptos and cash from income or futures breaching their respective bands. Mostly outperformed by stocks for now, causing the below target allocations. Bands trigger rather strictly, although not with great haste in execution, it might take some days for all trades.
Im very certain the difference will be lower effectively. The fund is too new to have the correct costs reflected. MER is a couple bps lower for the etf, and that would be my prediction for the actual difference eventually.
I’m not so sure. The I share class has the same 0.75% in its KIID. We are now just over 3 years in.
We will definitely see after a while where the tracking difference is.