FMD Capital Management

Posts Tagged: ashr

China ETFs Steam To Multi-Year Highs

Written by David Fabian, August 04th, 2017

Emerging markets have been off to the races in 2017 and China has played a huge role in fueling that growth.  The world’s second largest economy felt the heavy contraction that plagued many stock markets throughout 2015 as commodity and currency volatility took their toll.  However, its turning point coincided with a global rally in risk assets that has been persistently strengthening over the last eighteen months. Read more

3 ETF Sectors Crushed By January Volatility

Written by David Fabian, February 02nd, 2016

January was a rough month in the stock market by almost any metric.  From an index standpoint, the U.S. concentrated SPDR S&P 500 ETF (SPY) dropped 5.07%, while the globally oriented iShares MSCI ACWI ETF (ACWI) fell 5.30%.  Both benchmarks would have been substantially worse if not for a late month rally that was spurred by oversold conditions alongside a sizeable rally in crude oil prices.

Many investors are now succumbing to the realization that volatility happens quickly and with little advance warning.  In fact, several high growth sectors experienced jaw-dropping moves in the month of January that are good examples of how quickly gains can evaporate in the midst of adverse conditions.

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Unlocking the Mysteries of China ETFs

Written by David Fabian, July 07th, 2015

The Chinese stock market has quickly turned from one of the most red-hot areas for international growth investors to an unrelenting free-fall of equity valuations. In fact, the declines have been so swift that both the government and financial regulators are stepping in with measures designed to stabilize prices. These include interest rate cuts, margin controls, IPO halts, and even active pools of capital intended to provide liquidity and support for publicly traded Chinese companies.

For ETF investors, this recent sell off may be seen as a well-deserved break from the double and triple digit gains experienced by China indexes so far this year. It may even offer an opportunity to enter this market through a diversified vehicle with daily liquidity, transparency, and low-cost.

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Fight The Urge To Chase Performance

Written by David Fabian, June 04th, 2015

It seems as though more recently, the 6-month consolidation cycle in the SPDR S&P 500 ETF (SPY) alongside the concomitant volatility in fixed-income, is creating a layer of anxiety rather than ease. The feeling of nervousness as I speak with individual investors stems from the fact that growth is slowing and gains seem harder to come by. Read more