TRACK RECORD

Chapter Summary: The system works whether measured by back-tested simulation, live operation or specific funds

Overall Results

Back-tested Composite Trend Indicators

View cumulative performance charts of those strategies that are suitable for simulated back-testing. Composite Trend Indicators combine Fundamental, Technical and Seasonal Trading strategies in a rating system. The Indicator shows average monthly performance of all markets in each category. The back-tests go back to 1977 when data for sufficient countries first became available to make this statistically meaningful.

Bonds RouteMap

Forex RouteMap

Shares RouteMap

Styles RouteMap

A Special Report on Past Performance in Practice

For Professional Investors: Send an email to get a report on the actual performance of all the strategies combined in practice, since PIT was first authorised by the FSA to provide investment advice in April 2000. This contains sophisticated statistical analysis and may not be suitable for all investors. To avoid risks of misunderstanding, it is not available to individual investors. When emailing, please insert details of your position and company, so we can verify that you are an institutional investor or financial adviser. 

This report shows that an exponential improvement in investment performance can be achieved by combining a variety of individually tested strategies. It shows the relative significance of both momentum and valuation philosophies and records results both as absolute returns in US$ and relative to a global benchmark. The effectiveness of both geographic and sectoral approaches is also measured. Results are expressed as cumulative returns for four model portfolios constructed according to differing trading rules reflecting risk characteristics.

Published Recommendations on UK Funds

For individual investors: Email us to check out our fund recommendations to financial advisers in the investment trade press. Nick Dewhirst contributes a weekly column to Investment Adviser and has published timely recommendations for income and growth portfolios close to the bottom of the bear market, respectively in Fund Strategy and Professional Adviser magazines. See details below.

Check out our top tips in all the main IMA funds sector as they are reviewed week by week in "Dewhirst's View", a regular column in the Analyst section. Email us, specifying the sector that interests you to read his independent opinion.	Read the interview in Sharp End, where IFAs talk about the products they are recommending. Email us to see why Nick Dewhirst recommended getting back into the market near the bottom in January 2003 and track his growth portfolio .	Read "My Asset Allocation", where Nick Dewhirst picks a portfolio for minimising risk and maximising reward at the bottom of the bear market in March 2003. Email us to find out about the funds used for this unconventional income portfolio.
	Sectors (Investment Management Association)
Active Managed Balanced Managed Cautious Managed Europe ex UK Europe inc. UK European Smaller Cos. Far East ex Japan Far East inc Japan Global Bond Global Emerging Mkts	Global Growth Guaranteed/Protected Index Bear Japan Japanese Smaller Cos. Money Market North America North America Smaller Cos. Property Latin America	Specialist Technology & Telecoms UK All Companies UK Corporate Bond UK Equity & Bond Income UK Equity Income UK Gilt UK Index Linked UK Other Bond UK Smaller Companies