What do you think ? Any advice ? Target portfolio allocation is :

• $VWCE (-1.16%) - Vanguard FTSE All-World → 35% (classic core stock market + emerging market )

• $IS3R (-2.61%) - MSCI World Momentum → 15% (to increase returns during periods of stock market growth)

• $ZPRV (-1.05%) - Small Cap Value US → 10% (Small cap value for Long-term risk premium)

• $ZPRX (-0.22%) - Small Cap Value EU → 5% (Small cap value for Long-term risk premium)

• $VETA (-0.06%) - EU Gov Bond → 20% (For recession periods)

• $IGLN (+0.95%) - Gold → 10% (For monetary stress - policy mistakes - stagflation)

• $XEON (+0.01%) - Overnight rate → 5% (Emergency found)