MOMENTUM FUND
Invests in companies according to recent trends on profits or price movement. The portfolio manager will look for firms that have been trending in a certain direction such as a series of immensely positive profits or escalating price momentum in the short-term. Then, the manager will take positions in the same direction like the trend, tries to go with the have, and sell once it reached its peak.
Also called momo funds.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |


