Neutral Momentum Strategy Starting to Pay Off
This article was originally published on ETFTrends.com.
In theory, it may seem hard to apply neutrality to momentum investing, but the AGFiQ U.S. Market Neutral Momentum Fund (NYSEArca: MOM) uses a unique long/short methodology that is paying off for investors. MOM leans toward stocks with the highest total return and shorts stocks with the lowest total return. Accordingly, if the momentum stocks [...]