| For Immediate Release: | ||
| Contact: Carolyn Dion |
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| Phone: 413-458-4700 | ||
| email: cdion@dionmm.com | ||
| Websites:
www.fidelityadviser.com www.dionmm.com |
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| In its first 6 weeks, Fidelity Independent Adviser’s Dynamic Global ETF Portfolio Service outperforms the S&P by 10% net of fees. | ||
Williamstown, MA - July 2, 2008 - With
markets off to a rough start for July, investors are looking
for
The Dynamic Global ETF Portfolio Service relies on a quantitative model that selects ETFs with the greatest relative strength from a broad universe of funds, including alternative and non-traditional asset classes like commodities, currencies and foreign real estate. It is this diversity that has bolstered the portfolio since the launch. In commentary released today, publisher Don Dion notes that the top-performing fund in the portfolio over the past five trading days was CurrencyShares Euro Trust (FXE), which increased 1.43 percent. The service also incorporates Dion’s fundamental analysis, which is provided to subscribers through trading alerts and commentary. The success of the launch can also be tied to the track record of Fidelity Independent Adviser’s existing ETF products, ETF Report and ETF Momentum Tracker. “It all comes down to returns,” Dion said in an interview Monday, “my portfolio results speak for themselves.” ETF Momentum Tracker, which debuted in January of 2006, had an annualized return of 26.6 percent in 2007 according to the Hulbert Financial Digest, a publication that tracks the performance of 180 financial newsletters. It was a 2007 top-ten performer according to Peter Brimelow of CBS’s MarketWatch.com. Don Dion also publishes the ETF Report—a more in-depth monthly newsletter for longer-term investors interested in a fundamental approach to ETFs. The ETF Report tracks more than 260 ETFs and publishes original in-depth research and analysis each month. In the wake of June’s dismal results, July’s first day of trading continued the downward trend. If history proves to be a worthy judge, it is services like Dion’s that will help investors survive volatile markets. Special Subscription Offer At: http://store.fidelityadviser.com/dynamicetf1yr.html About Don Dion, Publisher of Sector Momentum Tracker: Don Dion is the publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors Don’s commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the United States and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers. http://www.fidelityadviser.com/ Mr. Dion is also president and founder of Dion Money Management, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Massachusetts, Dion Money Management manages more than $750 million in assets for clients in 49 states and 11 countries. A licensed attorney in Massachusetts and Maine, Mr. Dion has more than 25 years’ experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management. http://www.dionmm.com/ |
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