Economics

Cape: The “Value” Of Sector Rotation

April 11, 2018 3:45 pm by VW Staff

DoubleLine Shiller Enhanced CAPE/CAPE International webcast for the month of April 2018.

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What is Double Value?

The DoubleLine Shiller Enhanced CAPE® Strategy creates “Double Value” for investors when combining two unique sources of value:
- The Shiller Barclays CAPE® S. Sector Index attempts to shift portfolio exposures to the “cheapest” sectors of the U.S. large cap equity market
- DoubleLine’s Fixed Income strategy strives to shift its exposures to the “cheapest” sectors of the fixed income
Both strategies offer a value play in their respective markets, and when combined investors receive “Double ”

DoubleLine Shiller Enhanced CAPE® Structure

The distinct structure of the DoubleLine Shiller Enhanced CAPE® Strategy allows investors to simultaneously access returns of the equity markets and fixed income By using an equity index swap, $1 invested in the strategy provides approximately $1 of exposure to each market.

What is Double Value?

The DoubleLine Shiller Enhanced International CAPE® Strategy creates “Double Value” for investors when combining two unique sources of value:
- The Shiller Barclays CAPE® Europe Sector Net Index attempts to shift portfolio exposures to the “cheapest” sectors of the European large and mid cap equity market
- DoubleLine’s Fixed Income strategy strives to shift its exposures to the “cheapest” sectors of the fixed income
As with the S. version both strategies offer a value play in their respective markets, and when combined investors receive “Double Value.”

DoubleLine Shiller Enhanced International CAPE®

The distinct structure of the DoubleLine Shiller Enhanced International CAPE® Strategy allows investors to simultaneously access returns of the equity markets and fixed income By using an equity index swap, $1 invested in the strategy provides approximately $1 of exposure to each market.