The Core ETF Strategy is a comprehensive investment framework with the objective of principle protection and long-term growth. It is a long-only global macro approach to investing.

The evidence-based investment approach benefits from long-term economic growth and preserves capital during global downturns. The asset allocation gets systematically rebalanced between global stocks and bonds according to the business cycle’s respective stage. It is related to the institutional equity overlay. However, the “Core ETF” strategy is simplified and implemented with a few cost-efficient ETFs. Moreover, it does not take short exposure, contrary to the equity overlay, in any asset class. The strategy invests in global equities unless an economic downturn is very likely.

The strategy’s model portfolio is a standalone solution for long-term oriented investors who are looking for an efficient investment model that can be smoothly implemented in a typical retail portfolio.

Warning: Past performance is not a reliable guide to future performance.

This webpage content is not intended to be comprehensive and is designed to provide summary interim information. It is not a recommendation or investment research and is classified as a marketing communication in accordance with the European Union (Markets in Financial Instruments) Regulations 2017. It does not constitute an offer or solicitation for the purchase or sale of any financial instrument, trading strategy, product or service and does not take into account the investment objectives, knowledge and experience or financial situation of any particular person. Investors should obtain advice based on their own individual circumstances from their own client adviser, where applicable, investment intermediary or other legal or tax advisor before making an investment decision. Further information in relation to the management of potential conflicts of interest is available upon request. These documents are available from ESI Analytics Limited, Merchants House, 27-30 Merchants Quay, Dublin 8, Ireland.

All performance figures are based on the Long Macro model portfolio displayed and updated on The model portfolio includes typical discount brokerage transaction costs and a 0.25% fee per quarter. This data should not be reproduced, published or disseminated in any manner. Although ESI Analytics Limited considers the data to be reliable, no warranty is given as to its accuracy or completeness. Any comparisons against indices are for illustrative purposes only.