Positions at this Juncture
Our Aggressive Portfolio in the Marketocracy Tracking Portfolio is deflation oriented. Of total net assets of 9.0 million dollars, 2.9 million of position face value is long various stocks and ETF’s in the areas of Green Technology, and Bio-tech, 16.0 million of position value is short a broad range of stocks and ETF’s, 0.9 million of face value is long dollar indexes, 5.0 million is short commodities (gold,oil,Ag). Bottom-line, the total net face value of the Portfolio is basically leveraged 2 to 1 in the deflation trade direction.
The Conservative Portfolio has basically the same stock long/short diversification, but has no commodity/dollar positions and has only a 1.0 leverage level of net short position.