CMG Capital Management Group CEO Steve Blumenthal is featured in this four minute video segment from Asset TV called “The ETF Revolution.” Steve was filmed at the ETF Bootcamp, where he moderated a panel. The video appears on ETFTrends, YouTube, and Asset TV. Or, you can watch it below. Steve answers several questions.
Here are two:
For an advisor, tell us why ETFs have revolutionized the market?
The ETF revolution is outstanding. It provides all these diverse sets of tools that an advisor can use to build healthier, stronger, more balanced, diversified portfolios.
For those who are unfamiliar with CMG, what is an ETF strategist?
Our clients are independent advisors. They outsource a portion of their money management – some of them all of their money management – to strategists like us. What we run is a tactical all-asset strategy. We look at 100 different broad based opportunities – large cap, small cap, fixed income, commodities, emerging markets, international. We look at momentum as a factor in all securities. We look at momentum and say ‘where is the leadership?’ and we position portfolios in this all asset strategy up to 11 positions. What we avoid are things like commodities that have been in a difficult period. En ETF strategist can provide these low correlating to no correlating solutions that add value to a portfolio.