If oil falls, the certificate is directly @Epi directly.

I have the 3xGTAA $DE000LS9U6W1 (-2,24%) from @Epi with the iMGP DBi Managed Futures ETF $DBMFE (+0,76%) compared.

Since both products are trend followers, I assumed that they would behave in roughly the same way, with the difference that the 3xGTAA is probably 3x as volatile.

It turned out to be 4 to 5 times as volatile. 😅

(looking at 1 year, unfortunately both products have not been around that long)

So if the volatility of 3xGTAA is too high for you, but you still want to have a trend-following strategy in your portfolio, you can simply add $DBMFE (+0,76%) to reduce the vola.

Possibly, you can even rebalance in strong dropdowns... just a thought. 😘

$DE000LS9U6W1 (-2,24%)

Friends, I hope you take advantage of the current market situation and strike now and then!

I have also become interested in the well-known GetQuin Wikifolio and would like to join. As a Swiss resident, I am now encountering some problems:

• Are there already Swiss among us with residence CH who are invested?
• Which broker do you use (I'm currently thinking of PostFinance E-Trader or Swissquote)? And what fees do you pay?
• Is the product tradable for us at all (note Wikifolio "This product is currently authorized for distribution in Germany.") ? How do you handle this?

Thank you very much for your help ! Have a good time !

Best regards

March was a hot month in the world, on vacation in Thailand and at 3xGTAA! Here is the report:

Asset-Performances 03/26 (27.2-30.3.)

3xEU50: -28.0%

3xGLD: -37.1%

2xWTI: +82.0%

3xGTAA Depot

27.02.26: 128.040€

30.03.26: 143.730€

Wikifolio certificate

27.02.26: 197,22€

30.03.26: € 224.87 (mid-price)

Month: +14.0%

YTD: +37.8%

Review 03/26

March was an extreme month for 3xGTAA. The war in Iran has shaken up the markets and continues to do so. The stock markets fell sharply, which was to be expected. It was less expected that the crisis currency gold would fall even more. On the other hand, WTI was able to rise so significantly that it more than compensated for the price losses of the EU50 and GLD and led to a successful month overall. A wonderful example of the power of a portfolio with uncorrelated asset classes! Due to the significant imbalances in the portfolio in the meantime, a new rule for intra-month semi rebalancing was introduced. More on this in the workshop report.

Outlook 04/26

The current developments on the markets have basically pushed all risk assets except commodities below their signal lines. Gold is still trading just above, oil well above. The crisis currency USD has thus moved into third place (ahead of short EU Gov Bonds).

The allocation for 4/26 is therefore:

2xWTI

3xGLD

5xUSDEUR

The model has now fully switched to crisis mode. This is another advantage of momentum models such as 3xGTAA: they can be used to make money in a wide range of scenarios. While equity portfolios suffer in uncertain times, (well-balanced) momentum models can still go up (of course only with probability and without guarantee!).

Report from the 3xGTAA workshop - New risk reduction rule

As indicated above, there were two occasions in March when an asset (WTI) reached a weighting of around 50% in the portfolio. The problem with this is that it contradicts a basic idea of 3xGTAA: risk parity.

The different leverages of the assets held (e.g. 2xWTI, 3xGLD, 3xEU50, 5xUSDEUR) result from the fact that each asset contributes the same risk to the portfolio. The prerequisite for this, however, is that the assets are equally weighted. If one asset makes up 50% of the portfolio and the other two only around 25% each, then it contributes disproportionately to the overall risk. So in order to stay true to the basic idea of 3xGTAA, I have decided to introduce an additional rule that will be applied from now on: "As soon as an asset reaches a weighting of approx. 50%, it will be reduced to approx. 40%. The income is held in cash until the end of the month and reinvested normally at the next signal."

Why exactly this rule? I have not done a concrete backtest with this rule, unfortunately I don't have the day-to-day data. The basis is an attempt to find a sensible middle ground between the initial weighting of 33% and the extreme weighting of 50% (which is around 40%). The cash is not reinvested directly because the other assets naturally have a strong downward momentum in this situation. Apart from reducing the portfolio volatility or the effective leverage contribution of the assets, the rule should not have any significant impact on the model.

I assume that the application of this risk reduction rule will remain an exception anyway. But fundamentally it remains the same: GTAA is a process, not an outcome. The model is fixed in its general principles and concrete rules. However, if there are situations in which there is a contradiction between the two, the principles must be clearly formulated once again and the rules adjusted accordingly. This is how every rule-based system works if it is not to become rigid and one day break down in the face of reality.

And one more thing: you can see from these situations and considerations that 3xGTAA is more than just a clever momentum model in a wikifolio wrapper. It is basically an economic-philosophical project that has set out to counter the efficient market hypothesis with an inefficient market hypothesis. And the latter must be prepared to adapt to the realities of the market without falling into the traps of behavioral finance. For this reason, 3xGTAA will always remain a process.

And now may the momentum be with you!

Your Epi

https://www.wikifolio.com/de/de/w/wf03x0gtaa

$DE000LS9U6W1 (-2,24%)

As Meister @Epi already said - that looks like an exaggeration and is not really the point of the strategy. The money will go on the high side and I'll jump back in when the fuss about Iran has died down a bit.

$DE000LS9U6W1 (-2,24%)

It's a good thing I got on board at the beginning of the week 🙋‍♂️

I secured my second tranche today.

The sale of $NESN (+2,06%) enabled me to acquire further shares.

Ding Dong

Gamble Lam

Ding Ding Dong

Gamble Lama, Gamble Lama Lama Ding Dong

Gamble Lama, Gamble Lama Lama Ding

Wuuuuuuuuuuuuuuuuuuuuuuuuuu

PS @Epi I expect no less than a doubling every 2.5 years.

PPS Maybe I'll add a few k from my bonus payment in May 🧐🤔

PPPS I'm going to get myself a kebab from the remaining proceeds of my sale yesterday - kebabs in the morning banish sorrow and worry

Have a nice weekend 💋

The donkey has sold his last actively managed fund. I wonder what the donkey will buy from the proceeds?

👍 $DONKEY (+1,94%)

♥️ Another actively managed fund like $DE000LS9U6W1 (-2,24%)

🚀 $VWRL (+0,46%)

😂 $BTC (+0,51%)

😭 Lots of kebab

🆘 Silver

I'm also open to other suggestions in the comments.

$MEUD (+0,36%) Rest sold,

shifted into the $IMEU (+0,44%) I had already shifted out of cash👀 (is that still called shifting? )

3xGTAA

$DE000LS9U6W1 (-2,24%) increased by 3 shares 🥂

and another additional purchase at 0815 Futzi