This is a follow up to yesterday’s Fidelity Mosaic post, showing current performance of the standard Mosaic portfolio of ETFs with position size rebalancing remaining on a monthly basis. The study period has been pushed back to mid 2007 so we can clearly see performance characteristics through the late 08 meltdown in the major markets. The actively managed Mosaic has undergone some re-engineering and we’ll note those changes in another post. Low drawdown, low portfolio turnover and a smooth equity curve are Mosaic’s goals and at least over the last 30 days, which had some substantial volatility swings, Mosaic has weathered the storm. Note also from yesterday’s post >>> ETFMosaic.com newsletter service is not live yet …my kickoff target date is June 1.
This Mozaic work is like the music of Mozart, Mr. Barnes! Music to my ears, since I have my IRAs with Fidelity. The launch of a Fidelity realtime Mosaic portfolio is of great interest, so long as it stays within their increasingly restrictive exchange policies…