We constructed long and short positions as buying China, Russia and U.S. Health Care Sector and selling USA, Developed Europe and U.S. Utilities Sector.
For the model portfolio with a high risk profile, we allocated 16.7% of total assets to YINN, 13.3% to RUSL, 13.3% to CURE, 16.7% to SPXS, 20.0% to EPV, 20.0% to SDP and 0.0% to SHY.
For the model portfolio with a high risk profile, we allocated 10.7% of total assets to YINN, 8.5% to RUSL, 8.5% to CURE, 10.7% to SPXS, 12.8% to EPV, 12.8% to SDP and 35.9% to SHY.
For the model portfolio with a high risk profile, we allocated 4.7% of total assets to YINN, 3.8% to RUSL, 3.8% to CURE, 4.7% to SPXS, 5.6% to EPV, 5.6% to SDP and 71.8% to SHY.
Through the asset allocation process according to a risk profile, we targeted the maximum loss of -20.0% for the model portfolio with a high risk profile in the worst case, -12.8% for a medium risk profile and -5.6% for a low risk profile.
