It may be that the ETF strategy outperforms in bull markets and underperforms in bear markets. But we won't find out, since it was released just before a bear market, and thus it would take years from here to repair the 'underperformed' reputation.
Anyway, I don't mind the cost saving of shutting it down, vs waiting several more years as a wait and see.
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It may be that the ETF strategy outperforms in bull markets and...
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