In the Rebound MF model, manager Rebound Trading uses technical analysis to choose up to seven larger cap, more-than-average-volume ETFs for the model. A stop loss order is placed on each ETF in the model.
The top position in the model is Market Vectors Brazil Small Cap ETF (BRF), an ETF that attempts to mirror the performance of the Market Vectors Brazil Small-Cap Index by investing at least 80 percent of its assets in the underlying securities of the index. As of October 6th, the fund was trading at a premium to NAV and the fund’s top holding was Lojas Renner SA.
Another large holding in the model is iShares MSCI Malaysia Index Fund (EWM), a fund that attempts to mirror the performance of the MSCI Malaysia index. The MSCI Malaysia index is a measurement of the publicly traded stocks on the Malaysian market. In order to mirror this performance, up to 95 percent of fund’s assets are generally invested in the stocks that comprise the market and which are usually traded on the Kuala Lumpur Stock Exchange. As of October 6th, 2010 the fund was trading at a premium to NAV. On the same date, the fund’s top holding was CIMB Group Holdings Berhad.
The third top holding of the Rebound MF model is PowerShares India Portfolio (PIN). PIN looks to mirror the performance of the Indus India index, which represents the whole Indian equity market by measuring 50 companies spread across various sectors. The fund invests at least 80 percent of its assets in Indian securities. On October 6th, 2010 the fund was trading at a premium to NAV and its top holding was Reliance Industries Ltd.
