Chart: Quants Strategy

October 2020

Download All Slides in Power Point

Quant Research Debunks the Hype Behind Smart-Beta Investing BloombergQuint

A quant fund who won big in the 2008 crisis is back with a 45% gain Livemint

Back to school: BlackRock uses quant quake lessons on Covid Risk.net

Anti-Quant Investing Manifesto Misses the Mark BloombergQuint

Top Quant Analyst Rebukes the Industry: 'I'm No Longer a Quant' BNN

Massive 54% Jump In MBA Apps At Northwestern Kellogg Poets&Quants

Quants Find a Market Corner Where Value Trades Still Work BloombergQuint

A Quant Who Won Big in the 2008 Crisis Is Back With a 45% Gain BloombergQuint

Recent Quants ChartArt

Quants Strategy Download file in Power Point	Quants Strategy Download file in Power Point	Quants Strategy Download file in Power Point
Quantamental Strategy Download file in Power Point	Quantamental Strategy Download file in Power Point	Quantamental Strategy Download file in Power Point
November Quantamental Strategy Download file in Power Point	Midlincoln Quantamental Strategy Download file in Power Point	Quantamental Strategy Download file in Power Point

Top 20 Index Longs Based on Momentum

MLIndex	name	week	1month	ytd	6months	1yr	Rank
JGOLD IndexFTSE	FTSE/JSE AFRICA GOLD MNG	6.56	5.03	67.34	116.34	122.13	62.52
XAU IndexNASDAQ OMX PSX	PHILA GOLD & SILVER INDX	1.85	7.68	42.48	116.82	64.96	47.83
HUINTR IndexNew York Stock Exchange (NYSE)	NYSE Arca Gold BUGS TR	2.3	8.48	44.18	112.76	65.36	47.23
SUNIDX IndexDow Jones	MACGlbSolarEgyTR	1.91	5.69	71.8	94.69	78.68	45.24
TTGDAR IndexStandard & Poor's	S&P/TSX Glob Gold TR Idx	2.39	8.03	46	101.54	61.41	43.34
LEVDAX3 IndexDeutsche Boerse	LevDAX x3 TR EUR	8.58	5.87	-22.54	161.09	-3.93	42.90
FNGDSBLC IndexFNGuide Inc	FnGuide Inc MKF Star Bluechip	0.28	-0.33	57.84	90.76	78.13	42.21
CELS IndexNASDAQ Global Market	NDQ Clean Edg Gr Energy	-2.42	4.38	57.54	84.21	78	41.04
TFTMIGMI IndexFTSE	FTSE Gold Mines Index TR	3.53	5.65	46.92	94.36	55.99	39.88
GDMNTR IndexNew York Stock Exchange (NYSE)	NYSE Arca Gold MinersNTR	2.07	5.21	42.15	99.22	52.04	39.64
FNGDTSWR IndexFNGuide Inc	FnGuide Inc Software Index	-2.33	3.81	60.69	73.93	80.38	38.95
FTMIGMI IndexFTSE	FTSE Gold Mines Index	3.39	5.26	45.44	92.99	54.11	38.94
XTSETR Index	CMCI Hdg Silver EUR TR	1.53	3.7	55.02	96.03	54.43	38.92
XTSCTR Index	CMCI Hdg Silver CHF TR	1.8	3.6	55.87	91.96	56.21	38.39
JCGMGGI IndexMarkit	Global Mining Glob Gol	2.77	4.83	42.79	90.6	52.97	37.79
DBSLIX IndexDeutsche Bank	DBIQ OptYld Silver Ix ER	2.05	3.53	50.85	87.35	47.79	35.18
SPGSSITR IndexStandard & Poor's	S&P GSCI SILVER INDX TR	2.17	3.98	48.02	83.25	45.48	33.72
CMDYSIER IndexHorizons ETFs Management (Cana	Horizons ETFs Silver Excess Re	2.17	4.17	47.83	83.52	44.56	33.61
SPGSSIP IndexStandard & Poor's	S&P GSCI SILVER INDX ER	2.17	3.97	47.49	83.13	44.22	33.37
NQCISIER IndexNASDAQ Global Market	NQCI Silver ER	1.26	2.97	47.13	82.74	43.9	32.72

Top 20 Index Shorts Based on Momentum

MLIndex	name	week	1month	ytd	6months	1yr	Rank
WIBO6M IndexPoland Warsaw Interbank Rates	GPW Benchmark WIBID/WIBOR PLN	-5.88	-5.88	-90.53	-90.24	-90.53	-48.13
NTCS11LV IndexTokyo Commodity Exchange	Nikkei-JPX LV Cr Oil	-16.26	-20.91	-85.27	-40.73	-81.35	-39.81
SIBF3M IndexThe Association of Banks in Si	Association of Banks in Singap	0.74	-5.19	-76.92	-66.35	-78.22	-37.25
SHRTDX3 IndexDeutsche Boerse	ShortDAX x3 TR EUR	-8.27	-6.77	-40.23	-75.66	-52.24	-35.74
US0012M IndexICE Benchmark Administration	ICE LIBOR USD 12 Month	-1.48	-9.47	-79.22	-49.52	-79.35	-34.96
SPGSCLP IndexStandard & Poor's	S&P GSCI Crude Oil ER	-6.25	-10.96	-68.75	-39.71	-65.7	-30.66
SPGCCLP IndexStandard & Poor's Index Alert	S&P GSCI Crude Oil Official Cl	-6.25	-10.96	-68.75	-39.71	-65.7	-30.66
SPGSCLTR IndexStandard & Poor's	S&P GSCI Crude Oil T Ret	-6.24	-10.95	-68.64	-39.67	-65.4	-30.57
BCOMCL IndexBloomberg	BBG WTI Crude Oil	-6.2	-10.8	-61.11	-25.67	-57.17	-24.96
SHRTDAX2 IndexDeutsche Boerse	SHORTDAX X2 INDEX	-5.44	-4.03	-20.57	-57.23	-30.91	-24.40
SPOILH IndexStandard & Poor's	S&P 500 Oil-hedged	-8.99	-10.92	-65.19	-17.12	-57.62	-23.66
JSAPY IndexFTSE	FTSE/JSE SA LISTED PROP	-0.52	-6.99	-56.6	-29.58	-55.42	-23.13
SPGSENTR IndexStandard & Poor's	S&P GSCI Energy Tot Ret	-6.48	-10.4	-55.94	-18.24	-51.81	-21.73
BCOMHO IndexBloomberg	BBG Heat Oil	-5.66	-13.9	-53.11	-17.69	-49.17	-21.61
NQCICLER Index	NQCI Crude Oil ER	-6.24	-10.67	-54.75	-13.59	-50.26	-20.19
SPSU6ET IndexStandard & Poor's	SP SC 600 Cap Enrgy TR	-9.85	-20.28	-57.68	11.68	-59.43	-19.47
BCOMHO3T IndexBloomberg	BBG Heat Oil 3 M Fwd TR	-5.9	-13.53	-47.84	-14.12	-43.78	-19.33
BCOMPE IndexBloomberg	BBG Petroleum	-6.17	-11.1	-53.01	-11.91	-47.71	-19.22
SMISL IndexSix Swiss Exchange	SMI Daily Short Leverage	-5.33	-5.66	-12.99	-42.52	-20.66	-18.54
DBODIXX IndexNYSE AMEX	DBLC Oil Exc Rtn Idx	-6.24	-10.9	-51.69	-7.55	-46.89	-17.90

Top 20 Funds Longs Based on Momentum

Name	1week	1month	ytd	6months	1yr	Rank
49 NORTH RESOURCES INC (FNR)	6.32	0.78	491.8	430.51	651.25	272.22
PRECIOUS METALS & MINING TRUST (MMP-U)	2.4	9.65	68.16	177.08	73.36	65.62
ASA GOLD AND PRECIOUS METALS LTD (ASA)	2.09	4.04	68.42	157.93	84.68	62.19
ASA GOLD AND PRECIOUS METALS LTD (XXASAXX)	1.18	4.53	59.43	144.88	76.85	56.86
FAIRCOURT GOLD INCOME CORP (FGX)	4.35	4.12	51.59	132.41	71.48	53.09
MARKET VECTORS JUNIOR GOLD MINERS ETF (VE42)	4.82	3.55	42.69	121.15	55.09	46.15
OPPENHEIMER GOLD & SPECIAL MINERALS FUND - C (OGMCX)	2.01	7.85	44.4	113.01	60.6	45.87
MARKET VECTORS GOLD MINERS ETF (GDX)	1.76	6.48	42.01	118.84	51.03	44.53
BLACKROCK GLOBAL FUNDS - WORLD GOLD FUND - I2 (BGWLEI2)	5.57	6.01	55.02	102.95	62.78	44.33
DB PHYSICAL RHODIUM ETC (XRH0)	-1.04	12.37	95.09	18.94	139.38	42.41
BLACKROCK GLOBAL FUNDS - WORLD GOLD FUND - A2EUR HEDGED (H2ZG)	5.65	4.44	53.44	102.11	57.29	42.37
DYNAMIC STRATEGIC GOLD CLASS - A (DYNSTGOA)	1.37	4.87	45.79	96.57	58.87	40.42
DIREXION DAILY GOLD MINERS BULL 3X SHARES (NUGT)	3.4	11.53	-44.59	185.59	-39.29	40.31
FIDELITY SELECT GOLD PORTFOLIO (FSAGX)	2.2	6.5	42.29	99.25	52.67	40.16
BLACKROCK GLOBAL FUNDS - WORLD GOLD FUND - D2RF GBP HEDGED (BWGD2RF)	2.11	3.32	40.2	95.44	56.21	39.27
BLACKROCK GLOBAL FUNDS - WORLD GOLD FUND - $C2 (MLWORGC)	5.34	5.28	47.55	90.21	52.37	38.30
DSP BLACKROCK WORLD GOLD FUND - GROWTH (DSPWGOG)	4.8	4.81	47.57	88.74	52.23	37.64
INVESCO FUNDS SICAV - GOLD & PRECIOUS METALS FUND - A-ACCUMULATION HKD (IVGPACH)	2.99	2.85	41.92	88.74	52.32	36.73
FIRST EAGLE GOLD FUND - C (FEGOX)	1.19	4.96	41.83	77.04	49.97	33.29
AMF AKTIEFOND SMABOLAG (AMFSMAB)	1.37	1.2	25.79	70.81	50.74	31.03

Top 20 Funds Shorts Based on Momentum

Name	1week	1month	ytd	6months	1yr	Rank
PROSHARES ULTRA DJ-UBS CRUDE OIL (UCO)	-11.96	-19.47	-94.96	-80.18	-94.15	-51.44
NEXT NOTES NIKKEI TOCOM LEVERAGED CRUDE OIL ETN (2038)	-15.49	-18.59	-84.57	-53.68	-80.44	-42.05
DIREXION DAILY BRAZIL BULL 3X SHARES (BRZU)	-6.15	-5.72	-94.07	-58.03	-91.91	-40.45
DIREXION DAILY LATIN AMERICA BULL 3X SHARES (LBJ)	-9.04	-10.39	-89.06	-43.39	-86.92	-37.44
WTI CRUDE OIL PRICE LINKED ETF (1671)	-8.75	-11.07	-69.69	-41.48	-67.21	-32.13
ARISAIG AFRICA CONSUMER FUND LIMITED - GROWTH (ARIAFRI)	-0.65	-29.73	-55.84	-41.5	-56.22	-32.03
TORTOISE ENERGY INFRASTRUCTURE CORP (TYG)	-3.62	-13.02	-77.56	-28.73	-80.08	-31.36
CLEARBRIDGE ENERGY MLP FUND INC (XCEMX)	-6.1	-22.46	-71.87	-21.96	-71.89	-30.60
CLEARBRIDGE ENERGY MLP FUND INC (CEM)	-7.04	-20.25	-75.28	-20.1	-74.78	-30.54
WTI CRUDE OIL PRICE LINKED ETF (9D311097)	-7.44	-8.65	-69.1	-38.67	-66.25	-30.25
TORTOISE ENERGY INFRASTRUCTURE CORP (XTYGX)	-3.33	-12.58	-71.67	-21.17	-72.96	-27.51
KAYNE ANDERSON MLP INVESTMENT CO (KYN)	-5.94	-13.81	-65.95	-16.74	-66.72	-25.80
FINANCIAL 15 SPLIT CORP (FTN)	-5.41	-12.62	-52.51	-27.76	-48.92	-23.68
PROSHARES ULTRASHORT MSCI BRAZIL CAPPED (BZQ)	5.52	1.52	-19.34	-57.77	-38.47	-22.30
NEUBERGER BERMAN MLP INCOME FUND INC (NML)	-3.85	-18.2	-60.72	2.3	-62.21	-20.49
DIREXION DAILY RUSSIA BULL 3X SHARES (RUSL)	-4.57	-10.6	-76.19	3.81	-66.81	-19.54
KAYNE ANDERSON MLP INVESTMENT CO (XKYNX)	-3.14	-11.48	-58.99	-1.59	-60.25	-19.12
MARKET VECTORS OIL SERVICE ETF (OIH)	-10.64	-20.7	-57.85	25.21	-56.62	-15.69
SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF (XOP)	-10.11	-19.49	-52.26	19.61	-51.97	-15.49
VANGUARD ENERGY ETF (VDE)	-7.01	-15.39	-45.14	6	-43.64	-15.01

Top 5 Commodities Longs Based on Momentum

Ticker	name	units	week	1month	ytd	6months	1yr	Rank
LB1 Comdty	Lumber (CME)	USD/1000 board feet	4.33	46.66	47.36	137.22	71.82	65.01
XAGUSD Curncy	Silver Spot	USD/t oz.	-1.44	35.48	36.32	71.94	35.40	35.35
SI1 Comdty	Silver (Comex)	USD/t oz.	-1.67	34.22	36.50	71.55	35.73	34.96
XAGJPY Curncy	Silver/Japanese Yen Spot	JPY/t oz.	-2.39	32.78	30.90	68.49	32.69	32.89
JI1 Comdty	Silver (Tokyo)	JPY/g	-2.30	32.08	30.37	67.08	31.86	32.18

Top 5 Commodities Shorts Based on Momentum

Ticker	name	units	week	1month	ytd	6months	1yr	Rank
QS1 Comdty	Gasoil (Nymex)	USD/MT	-14.37	-13.31	-48.82	13.86	-45.80	-14.91
HO1 Comdty	Heating Oil (Nymex)	USd/gal.	-11.70	-10.21	-46.20	13.56	-42.77	-12.78
CP1 Comdty	Crude Oil (Tokyo)	JPY/kl	-8.14	-5.69	-36.26	19.01	-25.03	-4.96
JO1 Comdty	Orange Juice (ICE)	USd/lb.	-7.24	-7.99	9.67	-4.68	11.44	-2.12
JX1 Comdty	Kerosene (Tokyo)	JPY/kl	-7.26	-0.44	-30.29	24.02	-22.20	-1.47

Top Quantamental Picks
(Best Quality, Growth and Value)

Start
2020
2019
2018
2017
2016
2015

link	country	Universe Stocks
Top Picks	AUSTRALIA	51
Top Picks	BRAZIL	77
Top Picks	BRITAIN	108
Top Picks	CANADA	67
Top Picks	CHILE	22
Top Picks	CHINA	115
Top Picks	COLOMBIA	16
Top Picks	DENMARK	12
Top Picks	FRANCE	57
Top Picks	GERMANY	38
Top Picks	HONG KONG	54
Top Picks	INDIA	98
Top Picks	INDONESIA	30
Top Picks	ITALY	17
Top Picks	JAPAN	110
Top Picks	MALAYSIA	42
Top Picks	MEXICO	29
Top Picks	NETHERLANDS	20
Top Picks	PHILIPPINES	22
Top Picks	RUSSIA	135
Top Picks	SOUTH AFRICA	51
Top Picks	SOUTH KOREA	115
Top Picks	SPAIN	25
Top Picks	SWEDEN	25
Top Picks	SWITZERLAND	36
Top Picks	TAIWAN	119
Top Picks	THAILAND	27
Top Picks	TURKEY	28
Top Picks	UNITED STATES	564

Top Global Long Picks

Ticker	Company	Sector	1m	6m	YTD	1yr	2yr	3yr	4yr	PE RATIO 2019	EV/EBITDA 2019	P/S 2019	P/B 2019	DIVIDEND YIELD 2019	GROSS MARGIN 2019	ROA 2019	ROE 2019	CUR RATIO 2018	QUICK RATIO 2018	INTEREST COVERAGE RATIO 2018	TOT DEBT TO TOT CAP 2018	EBITDA Margin 2019	revenue Growth 2020	Net Income Growth 2020	DPS Growth 2019	EBITDA Growth 2020	BPS Growth 2020	Capex Growth 2020	FCF Growth 2020	PEG Ratio 2019
SNGR LI zranks	Societatea Nationala de Gaze Naturale ROMGAZ SA	Energy	0	20.12	-18.1	41.38	9.69	70.25	-1.2	0.0	7.2	0.0	0.0	0.0	97.9	12.5	14.7	3.4	2.4	0.0	0.0	35.1	0%	0%	0%	0%	0%	0%	0%	0.0
BA US zranks	Boeing Co/The	Industrials	-16.41	-9.85	-54.9	3.33	11.53	94.77	11.32	0.0	356.6	1.9	0.0	2.5	5.8	-0.5	0.0	1.1	0.2	21.1	97.1	0.7	0%	0%	0%	0%	0%	0%	0%	0.0
MAGN RM zranks	Magnitogorsk Iron & Steel Works PJSC	Materials	-4.77	14.37	-20.58	18.54	-4.88	45.85	119.28	8.8	4.1	0.8	1.4	9.0	27.2	11.0	16.2	2.0	1.0	61.1	9.7	23.6	0%	0%	0%	0%	0%	0%	0%	0.0
SNGR LI zranks	Societatea Nationala de Gaze Naturale ROMGAZ SA	Energy	0	20.12	-18.1	41.38	9.69	70.25	-1.2	0.0	7.2	0.0	0.0	0.0	97.9	12.5	14.7	3.4	2.4	0.0	0.0	35.1	0%	0%	0%	0%	0%	0%	0%	0.0
BA US zranks	Boeing Co/The	Industrials	-16.41	-9.85	-54.9	3.33	11.53	94.77	11.32	0.0	356.6	1.9	0.0	2.5	5.8	-0.5	0.0	1.1	0.2	21.1	97.1	0.7	0%	0%	0%	0%	0%	0%	0%	0.0
UPS US zranks	United Parcel Service Inc	Industrials	0.86	67.26	40.77	24.21	-15.48	7.14	22.71	15.6	11.4	1.2	30.7	3.3	20.4	8.2	141.2	1.2	1.0	10.0	88.2	14.6	0%	0%	0%	0%	0%	0%	0%	1.8
UPS US zranks	United Parcel Service Inc	Industrials	0.86	67.26	40.77	24.21	-15.48	7.14	22.71	15.6	11.4	1.2	30.7	3.3	20.4	8.2	141.2	1.2	1.0	10.0	88.2	14.6	0%	0%	0%	0%	0%	0%	0%	1.8
MHFI US zranks	S&P Global Inc	Financials								0.0	19.8	0.0	0.0	0.0	73.1	20.4	383.6	1.4	1.3	20.8	61.4	53.3	0%	0%	0%	0%	0%	0%	0%	0.0
CL US zranks	Colgate-Palmolive Co	Consumer Staples	-3.6	17.47	12.04	18.61	-19.18	17.89	0.44	24.3	15.8	3.3	502.9	2.5	59.4	17.4	0.0	1.1	0.6	18.9	97.0	27.0	0%	0%	0%	0%	0%	0%	0%	3.0
SYD AU zranks	Sydney Airport	Industrials	4.06	11.41	-31.41	34.32	-9.3	33.59	-2.03	48.4	21.6	9.6	0.0	4.5	0.0	3.1	0.0	1.4	0.8	2.1	99.3	81.5	0%	0%	0%	0%	0%	0%	0%	10.8
BA US zranks	Boeing Co/The	Industrials	-16.41	-9.85	-54.9	3.33	11.53	94.77	11.32	0.0	356.6	1.9	0.0	2.5	5.8	-0.5	0.0	1.1	0.2	21.1	97.1	0.7	0%	0%	0%	0%	0%	0%	0%	0.0
MJN US zranks	Mead Johnson Nutrition Co	Consumer Staples							-8.44	21.6	15.5	3.9	0.0	2.3	64.2	13.5	0.0	2.1	1.6	12.5	124.8	24.5	0%	0%	0%	0%	0%	0%	0%	0.0
MHFI US zranks	S&P Global Inc	Financials								0.0	19.8	0.0	0.0	0.0	73.1	20.4	383.6	1.4	1.3	20.8	61.4	53.3	0%	0%	0%	0%	0%	0%	0%	0.0
MCO US zranks	Moody's Corp	Financials	-3.46	25.65	16.78	71.25	-4.1	58.51	-4.59	30.2	20.8	6.0	72.8	0.8	0.0	14.4	265.6	1.6	1.5	8.1	88.6	47.5	0%	0%	0%	0%	0%	0%	0%	2.8
LMT US zranks	Lockheed Martin Corp	Industrials	-3.48	10.06	-0.89	52.53	-16.33	31.75	18.38	15.4	12.2	1.4	34.9	2.3	14.0	13.5	275.6	1.1	0.2	11.0	90.7	16.7	0%	0%	0%	0%	0%	0%	0%	1.4
DIGI MK zranks	DiGi.Com Bhd	Telecommunication Services	-4.35	-3.27	-9.05	4.1	-9.56	21.26	-10.4	24.2	12.0	5.4	52.5	4.1	77.2	20.0	215.0	0.8	0.3	16.8	80.0	52.3	0%	0%	0%	0%	0%	0%	0%	3.3
MHFI US zranks	S&P Global Inc	Financials								0.0	19.8	0.0	0.0	0.0	73.1	20.4	383.6	1.4	1.3	20.8	61.4	53.3	0%	0%	0%	0%	0%	0%	0%	0.0
DIGI MK zranks	DiGi.Com Bhd	Telecommunication Services	-4.35	-3.27	-9.05	4.1	-9.56	21.26	-10.4	24.2	12.0	5.4	52.5	4.1	77.2	20.0	215.0	0.8	0.3	16.8	80.0	52.3	0%	0%	0%	0%	0%	0%	0%	3.3
HD US zranks	Home Depot Inc/The	Consumer Discretionary	-6.66	41	23.9	30.54	-7.32	44.61	3.54	22.3	14.8	1.9	0.0	2.4	34.1	23.6	0.0	1.1	0.2	14.8	106.9	17.2	0%	0%	0%	0%	0%	0%	0%	2.3
DIGI MK zranks	DiGi.Com Bhd	Telecommunication Services	-4.35	-3.27	-9.05	4.1	-9.56	21.26	-10.4	24.2	12.0	5.4	52.5	4.1	77.2	20.0	215.0	0.8	0.3	16.8	80.0	52.3	0%	0%	0%	0%	0%	0%	0%	3.3

Portfolio Longs Average Return 1m -3.9%, 6m 12.8%, YTD -7.3%, 2017 19.0%, 2016 -3.3%, 2015 36.8%, 2014 8.6%

Top Global Short Picks

Ticker	Company	Sector	1m	6m	YTD	1yr	2yr	3yr	4yr	PE RATIO 2019	EV/EBITDA 2019	P/S 2019	P/B 2019	DIVIDEND YIELD 2019	GROSS MARGIN 2019	ROA 2019	ROE 2019	CUR RATIO 2018	QUICK RATIO 2018	INTEREST COVERAGE RATIO 2018	TOT DEBT TO TOT CAP 2018	EBITDA Margin 2019	revenue Growth 2020	Net Income Growth 2020	DPS Growth 2019	EBITDA Growth 2020	BPS Growth 2020	Capex Growth 2020	FCF Growth 2020	PEG Ratio 2019
PAH3 GR zranks	Porsche Automobil Holding SE	Consumer Discretionary	-6.34	36.08	-24.15	31.36	-27.76	56.76	2.41	4.6	2,481.8	153.5	0.6	4.7	0.0	12.7	12.8	6.9	6.8	0.0	0.1	6.9	0%	0%	0%	0%	0%	0%	0%	0.0
TSLA US zranks	Tesla Inc	Consumer Discretionary	-4.17	276.96	363.5	25.7	6.89	45.7	-10.97	0.0	34.1	2.6	11.4	0.0	16.6	-2.7	-14.9	0.8	0.5	-0.5	65.5	10.2	0%	0%	0%	0%	0%	0%	0%	0.0
PAH3 GR zranks	Porsche Automobil Holding SE	Consumer Discretionary	-6.34	36.08	-24.15	31.36	-27.76	56.76	2.41	4.6	2,481.8	153.5	0.6	4.7	0.0	12.7	12.8	6.9	6.8	0.0	0.1	6.9	0%	0%	0%	0%	0%	0%	0%	0.0
PFC LN zranks	Petrofac Ltd	Energy	-37.05	-43.48	-72.68	-10.91	-7.82	-31.59	-3.54	23.4	6.8	0.4	2.7	7.5	11.2	1.2	10.9	1.1	0.4	2.2	38.7	6.4	0%	0%	0%	0%	0%	0%	0%	0.0
CIE US zranks	Cobalt International Energy Inc	Energy								0.0	0.0	0.0	0.0	0.0	0.0	-50.6	0.0	2.2	1.8	-27.2	151.4	-815.2	0%	0%	0%	0%	0%	0%	0%	0.0
2915 TT zranks	Ruentex Industries Ltd	Consumer Discretionary	-2.19	6.05	-3.19	2.93	4.38	4.67	-8.45	4.5	1,433.4	5.8	0.5	6.8	25.7	9.8	18.5	4.4	3.6	16.4	43.8	1.2	0%	0%	0%	0%	0%	0%	0%	0.0
TME LI zranks	Trader Media East Ltd	Consumer Discretionary				0	-97.73	0	0	0.0	0.0	20.2	0.0	0.0	26.1	30.2	0.0	0.0	0.0	-6.0	0.0	-12.7	0%	0%	0%	0%	0%	0%	0%	0.0
LMC MK zranks	Lafarge Malaysia Bhd	Materials	-1.12	13.39	-37.51	64.72	-71.32	-4.73	-21.23	0.0	1,028.9	0.7	1.1	0.0	9.9	-4.0	-6.8	0.8	0.4	-11.5	24.7	0.2	0%	0%	0%	0%	0%	0%	0%	0.0
VK FP zranks	Vallourec SA	Energy	-44.36	-60.48	-85.99	69.62	-69.25	-12.38	22.97	0.0	13.7	0.2	0.9	0.0	17.7	-4.9	-20.3	1.3	0.7	-1.5	55.0	7.0	0%	0%	0%	0%	0%	0%	0%	0.0
SAUD LI zranks	Steel Authority of India Ltd	Materials	0	0	0	0.35	0	0	0	0.0	5.9	0.0	0.0	0.0	0.0	1.7	5.2	0.8	0.1	2.1	51.1	16.6	0%	0%	0%	0%	0%	0%	0%	0.0
CYRE3 BZ zranks	Cyrela Brazil Realty SA Empreendimentos e Participacoes	Consumer Discretionary	-1.53	35.8	-41.99	98.54	8.09	27.42	71.17	27.5	22.6	1.3	2.4	2.5	30.9	4.2	8.4	3.5	1.6	-0.3	30.0	14.3	0%	0%	0%	0%	0%	0%	0%	1.1
SUEL LI zranks	Suzlon Energy Ltd	Industrials								0.0	0.0	0.0	0.0	0.0	36.1	-34.3	0.0	0.6	0.2	-0.1	858.6	-14.4	0%	0%	0%	0%	0%	0%	0%	0.0
SBIN IN zranks	State Bank of India	Financials	-11.71	-5.04	-47.23	9.28	-10.82	31.83	8.42	8.9	0.0	0.9	0.7	0.0	0.0	0.5	8.1	0.0	0.0	0.0	65.3	0.0	0%	0%	0%	0%	0%	0%	0%	0.0
3037 TT zranks	Unimicron Technology Corp	Information Technology	-7.24	153.22	80.5	96.14	36.94	45.82	-7.67	18.8	6.7	0.4	1.4	2.6	13.7	3.0	7.6	1.3	1.0	2.1	38.6	14.6	0%	0%	0%	0%	0%	0%	0%	0.6
CREE US zranks	Cree Inc	Information Technology	-5.8	61.04	28	7.89	15.17	40.74	-1.05	0.0	0.0	5.4	3.0	0.0	27.5	-6.3	-9.3	5.3	4.4	0.0	18.7	-8.8	0%	0%	0%	0%	0%	0%	0%	0.0
TEN IM zranks	Tenaris SA	Energy	-18.98	-21.98	-57.23	7.74	-30.13	-9.24	54.7	17.9	9.3	1.7	1.1	3.6	30.0	5.1	6.3	3.2	1.5	23.6	4.3	18.8	0%	0%	0%	0%	0%	0%	0%	0.0
PAH3 GR zranks	Porsche Automobil Holding SE	Consumer Discretionary	-6.34	36.08	-24.15	31.36	-27.76	56.76	2.41	4.6	2,481.8	153.5	0.6	4.7	0.0	12.7	12.8	6.9	6.8	0.0	0.1	6.9	0%	0%	0%	0%	0%	0%	0%	0.0
CYRE3 BZ zranks	Cyrela Brazil Realty SA Empreendimentos e Participacoes	Consumer Discretionary	-1.53	35.8	-41.99	98.54	8.09	27.42	71.17	27.5	22.6	1.3	2.4	2.5	30.9	4.2	8.4	3.5	1.6	-0.3	30.0	14.3	0%	0%	0%	0%	0%	0%	0%	1.1
JBSS3 BZ zranks	JBS SA	Consumer Staples	-7.7	-2.18	-37.49	114.72	1.41	-15.16	17.5	11.3	6.0	0.2	2.3	2.1	15.6	5.1	22.0	1.7	0.9	1.8	66.8	9.7	0%	0%	0%	0%	0%	0%	0%	43.4
BMRN US zranks	BioMarin Pharmaceutical Inc	Health Care	2.93	-3.69	-9.43	-0.7	-4.51	7.64	-20.92	0.0	859.5	10.1	4.9	0.0	78.9	-0.5	-0.8	3.9	2.7	-2.8	21.9	1.1	0%	0%	0%	0%	0%	0%	0%	0.0

Portfolio Longs Average Return 1m -3.9%, 6m 12.8%, YTD -7.3%, 2017 19.0%, 2016 -3.3%, 2015 36.8%, 2014 8.6%

Portfolio Shorts Average Return 1m -8.0%, 6m 27.7%, YTD -1.8%, 2017 33.9%, 2016 -14.7%, 2015 16.4%, 2014 9.0%

Top Momentum Picks

country

Top Momentum Longs Across All Countries

Ticker	Company	sector	rank
8411 JP	Mizuho Financial Group Inc	Financials	8.84
1211 HK	BYD Co Ltd	Consumer Discretionary	1.50
009830 KS	Hanwha Chemical Corp	Materials	1.28
968 HK	Xinyi Solar Holdings Ltd	Information Technology	1.12
2333 HK	Great Wall Motor Co Ltd	Consumer Discretionary	0.94
2303 TT	United Microelectronics Corp	Information Technology	0.93
NVDA US	NVIDIA Corp	Information Technology	0.86
VWS DC	Vestas Wind Systems A/S	Industrials	0.81
005380 KS	Hyundai Motor Co	Consumer Discretionary	0.79
FDX US	FedEx Corp	Industrials	0.78
051910 KS	LG Chem Ltd	Materials	0.73
051915 KS	LG Chem Ltd	Materials	0.69
IMP SJ	Impala Platinum Holdings Ltd	Materials	0.69
PE&OLES* MM	Industrias Penoles SAB de CV	Materials	0.63
1919 HK	COSCO SHIPPING Holdings Co Ltd	Industrials	0.62
FCX US	Freeport-McMoRan Inc	Materials	0.61
KGF LN	Kingfisher PLC	Consumer Discretionary	0.60
GFI SJ	Gold Fields Ltd	Materials	0.58
CSNA3 BZ	Cia Siderurgica Nacional SA	Materials	0.56
DHI US	DR Horton Inc	Consumer Discretionary	0.55

Top Momentum Shorts Across All Countries

Ticker	Company	sector	rank
1128 HK	Wynn Macau Ltd	Consumer Discretionary
1157 HK	Zoomlion Heavy Industry Science and Technology Co Ltd	Industrials
1605 JP	Inpex Corp	Energy
1928 JP	Sekisui House Ltd	Consumer Discretionary
2388 HK	BOC Hong Kong Holdings Ltd	Financials
2433 JP	Hakuhodo DY Holdings Inc	Consumer Discretionary
3289 JP	Tokyu Fudosan Holdings Corp	Real Estate
3405 JP	Kuraray Co Ltd	Materials
4689 JP	Yahoo Japan Corp	Information Technology
6645 JP	Omron Corp	Information Technology
66 HK	MTR Corp Ltd	Industrials
6841 JP	Yokogawa Electric Corp	Information Technology
7731 JP	Nikon Corp	Consumer Discretionary
7752 JP	Ricoh Co Ltd	Information Technology
8252 JP	Marui Group Co Ltd	Consumer Discretionary
8697 JP	Japan Exchange Group Inc	Financials
8830 JP	Sumitomo Realty & Development Co Ltd	Real Estate
8953 JP	Japan Retail Fund Investment Corp	Real Estate
9048 JP	Nagoya Railroad Co Ltd	Industrials
9064 JP	Yamato Holdings Co Ltd	Industrials

Top Momentum Bond Picks

CountryUSDDebt	LocalCurDebt
Zambia	Zambia
Vietnam	Vietnam
Venezuela	Venezuela
Uruguay	Uruguay
United States	United States
United Kingdom	United Kingdom
United Arab Emirates	United Arab Emirates
Ukraine	Ukraine
Turkey	Turkey
Tunisia	Tunisia
Trinidad and Tobago	Trinidad and Tobago
Togo	Togo
Thailand	Thailand
Taiwan	Taiwan
Switzerland	Switzerland
Sweden	Sweden
Supranational	Supranational
Sri Lanka	Sri Lanka
Spain	Spain
South Africa	South Africa
Singapore	Singapore
Senegal	Senegal
Saudi Arabia	Saudi Arabia
Russian Federation	Russian Federation
Romania	Romania
Qatar	Qatar
Portugal	Portugal
Poland	Poland
Philippines	Philippines
Peru	Peru
Paraguay	Paraguay
Panama	Panama
Pakistan	Pakistan
Oman	Oman
Norway	Norway
Nigeria	Nigeria
Netherlands	Netherlands
Morocco	Morocco
Mongolia	Mongolia
Mexico	Mexico
Malaysia	Malaysia
Macau	Macau
Luxembourg	Luxembourg
Lebanon	Lebanon
Kuwait	Kuwait
Korea (South)	Korea (South)
Kenya	Kenya
Kazakhstan	Kazakhstan
Jordan	Jordan
Japan	Japan
Jamaica	Jamaica
Italy	Italy
Israel	Israel
Ireland	Ireland
Iraq	Iraq
Indonesia	Indonesia
India	India
Hungary	Hungary
Hong Kong	Hong Kong
Guatemala	Guatemala
Greece	Greece
Ghana	Ghana
Germany	Germany
Gabon	Gabon
France	France
Finland	Finland
Ethiopia	Ethiopia
El Salvador	El Salvador
Egypt	Egypt
Ecuador	Ecuador
Dominican Republic	Dominican Republic
Denmark	Denmark
Democratic Rep of Congo	Democratic Rep of Congo
Czech Republic	Czech Republic
Croatia (Hrvatska)	Croatia (Hrvatska)
Cote D'Ivoire (Ivory Coast)	Cote D'Ivoire (Ivory Coast)
Costa Rica	Costa Rica
Colombia	Colombia
China	China
Chile	Chile
Cayman Islands	Cayman Islands
Canada	Canada
Brazil	Brazil
Bolivia	Bolivia
Belgium	Belgium
Bahrain	Bahrain
Azerbaijan	Azerbaijan
Austria	Austria
Australia	Australia
Argentina	Argentina
Angola	Angola

Top Long Global Bond Picks Any FX

Isin	Name	Sector	Coupon	Maturity	YTW	rank
US04364VAA17	ASCENT RESOURCES UTICA HOLDINGS/AR 144A	Energy	10.00	Apr 01, 2022	12.39	-48.4
US412690AE97	HARLAND CLARKE HOLDINGS CORP 144A	Industrial Other	9.25	Mar 01, 2021	0.25	-40.1
XS1763161012	AGUA Y SANEAMIENTOS ARGENTINOS SA RegS	Utility	6.63	Feb 01, 2023	39.63	-37.3
XS1648303813	MAXEDA DIY HOLDING BV RegS	Consumer Cyclical	6.13	Jul 15, 2022	4.66	-35.8
XS1647100848	CMA CGM SA RegS	Transportation	6.50	Jul 15, 2022	7.09	-32.6
US04364VAG86	ASCENT RESOURCES UTICA HOLDINGS LL 144A	Energy	7.00	Nov 01, 2026	11.87	-32.4
US03674PAL76	ANTERO RESOURCES CORP	Energy	5.38	Nov 01, 2021	8.25	-27.3
US402635AL06	GULFPORT ENERGY CORPORATION	Energy	6.38	May 15, 2025	19.44	-25.5
US03674XAF33	ANTERO RESOURCES CORP	Energy	5.63	Jun 01, 2023	17.37	-24.9
US402635AH93	GULFPORT ENERGY CORPORATION	Energy	6.00	Oct 15, 2024	20.43	-23.9
US61965RAB15	MOSS CREEK RESOURCES HOLDINGS INC 144A	Energy	10.50	May 15, 2027	19.55	-21.0
US03674XAC02	ANTERO RESOURCES CORP	Energy	5.13	Dec 01, 2022	13.83	-20.4
XS1605600532	LA FINANCIERE ATALIAN SAS RegS	Consumer Cyclical	4.00	May 15, 2024	8.58	-19.6
US75281ABA60	RANGE RESOURCES CORPORATION	Energy	5.00	Mar 15, 2023	6.17	-19.6
US61965RAA32	MOSS CREEK RESOURCES HOLDINGS INC 144A	Energy	7.50	Jan 15, 2026	18.64	-19.6
XS1703065620	CMA CGM SA RegS	Transportation	5.25	Jan 15, 2025	7.86	-19.1
XS1752894292	BANCA MONTE DEI PASCHI DI SIENA SP RegS	Banking	5.38	Jan 18, 2028	12.92	-18.9
US88033GCE89	TENET HEALTHCARE CORPORATION	Consumer Non-Cyclical	8.13	Apr 01, 2022	0.69	-18.3
US576485AE64	MATADOR RESOURCES CO	Energy	5.88	Sep 15, 2026	8.94	-18.0
US75281AAS87	RANGE RESOURCES CORPORATION	Energy	4.88	May 15, 2025	6.67	-17.7

Top Short Global Bond Picks All FX

Isin	Name	Sector	Coupon	Maturity	YTW	rank
US893830BF55	TRANSOCEAN INC 144A	Energy	7.50	Jan 15, 2026	49.24	120.6
XS1497527736	NH HOTEL GROUP SA RegS	Consumer Cyclical	3.75	Oct 01, 2020	50.00	114.9
US893830BK41	TRANSOCEAN INC 144A	Energy	7.25	Nov 01, 2025	44.45	102.8
XS1331156684	SWISSPORT INVESTMENTS SA RegS	Transportation	6.75	Dec 15, 2021	50.00	91.0
XS1728038909	TSINGHUA UNIC LTD RegS	Agency	5.38	Jan 31, 2023	40.95	88.9
US62957HAF29	NABORS INDUSTRIES INC	Energy	5.75	Feb 01, 2025	45.74	72.5
US13123XAT90	CALLON PETROLEUM COMPANY	Energy	6.13	Oct 01, 2024	46.74	63.8
XS1700480160	VALLOUREC SA RegS	Basic Industry	6.63	Oct 15, 2022	44.07	60.6
US89385AAA34	TRANSOCEAN SENTRY LTD 144A	Energy	5.38	May 15, 2023	23.52	55.9
USG23618AC87	SHELF DRILLING HOLDINGS LTD RegS	Industrial	8.25	Feb 15, 2025	38.09	54.9
US78412FAU84	SESI LLC	Energy	7.75	Sep 15, 2024	50.00	54.0
US144577AH67	CALLON PETROLEUM COMPANY	Energy	6.25	Apr 15, 2023	50.00	51.9
US694183AA23	PACIFIC DRILLING SA 144A	Energy	8.38	Oct 01, 2023	50.00	48.4
US893800AA08	TRANSOCEAN GUARDIAN LTD 144A	Energy	5.88	Jan 15, 2024	21.68	47.9
XS1043961439	OBRASCON HUARTE LAIN SA RegS	Capital Goods	4.75	Mar 15, 2022	50.00	45.6
US674215AG39	OASIS PETROLEUM INC	Energy	6.88	Mar 15, 2022	50.00	41.0
US13123XAZ50	CALLON PETROLEUM COMPANY	Energy	6.38	Jul 01, 2026	38.42	39.0
XS1628012954	ETERNA CAPITAL PTE LTD MTN	Industrial	8.00	Dec 11, 2022	50.00	36.3
US561233AA57	MALLINCKRODT INTERNATIONAL FINANCE 144A	Consumer Non-Cyclical	5.75	Aug 01, 2022	50.00	36.0
US02376RAC60	AMERICAN AIRLINES GROUP INC 144A	Transportation	5.00	Jun 01, 2022	30.02	35.5