Global equity markets have stumbled to start 2016, placing a great premium on asset allocation for advisors and investors. Some exchange-traded funds aim to ameliorate the asset allocation issue, but are limited to doing so at the sector level.
ETFs that have the ability to navigate investors into sturdy sectors and away from those groups are flailing are certainly useful, and some of these funds have proven undoubtedly successful. However, investors can get more. More exposure to more assets, that is, with the SPDR SSGA Global Allocation ETF (SSGA Actice ETF Trust (NYSE: GAL)).
A Closer Look At GAL
The $182.7 million SPDR SSGA Global Allocation ETF, which turns four in late April, is an ETF of ETFs, meaning 17 of its 18 holdings are all other ETFs.
“Sector rotation strategies can ...
/www.benzinga.com/trading-ideas/long-ideas/16/01/6161737/a-one-stop-etf-for-asset-allocation-strategies alt=A One-Stop ETF For Asset Allocation Strategies>Full story available on Benzinga.com
More...