TY - JOUR T1 - Dynamic Asset Allocation Using Systematic Sector Rotation JF - The Journal of Wealth Management SP - 59 LP - 70 DO - 10.3905/jwm.2006.614437 VL - 8 IS - 4 AU - Paolo Sassetti AU - Massimiliano Tani Y1 - 2006/01/31 UR - https://pm-research.com/content/8/4/59.abstract N2 - The authors build on the insight that sectors perform differently from, and to a certain extent independently of, each other over the phases of the economic cycle to test heuristic investment rules of systematic sector rotation. Using 3 simple market-timing techniques on 41 funds of the Fidelity Select Sector family over the period January 1998–September 2003, the authors' approach always outperforms market returns.TOPICS: Mutual funds/passive investing/indexing, portfolio construction, security analysis and valuation, performance measurement ER -