No. of Recommendations: 3
DIVY
...Maybe a similar idea?


Yes, seems so.
But they make the wager on the near years, not the far years.
Their portfolio seems to be spread over the near term. I couldn't find anything past 2023, and it seems to be 2/3 2020 and 2021.
This probably explains why it crashed recently.
It's currently spot on half its value a little while ago.

So, buying this is a very similar strategy, but it's a wager that things will improve sooner.
My thinking is based on long run macroeconomic trends, recoveries, and mean reversion.
Theirs is more "what happens next year", which depends more on a specific year rather than a typical year.

It's also different jurisdictions.
They say it's US, Europe, and Japan.
The portfolio looks to be nearly all S&P 500 to me, but perhaps I'm misreading it.

Jim
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