August 2015 hardly provided a calm backdrop for the launch of a live account using my simple, purely mechanical (rules-based), asset allocation system. Markets around the world experienced heightened volatility in the wake of the Chinese sell-off and the account is down 3.66 per cent year-to-date. Nevertheless, compared with the 6.04 per cent fall for the MSCI World Index (USD Net ticker .MIWO00000NUS), which is the chosen benchmark for my global strategy, the (very) early signs look good.
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