{"id":4545,"date":"2012-06-03T13:17:30","date_gmt":"2012-06-03T20:17:30","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=4545"},"modified":"2012-06-03T13:17:30","modified_gmt":"2012-06-03T20:17:30","slug":"black-swan-investing-using-etfs-the-globe-and-mail","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2012\/06\/black-swan-investing-using-etfs-the-globe-and-mail\/","title":{"rendered":"Black swan investing using ETFs &#8211; The Globe and Mail"},"content":{"rendered":"<blockquote>\n<p>Last week, Horizons Exchange Traded Funds launched two Exchange Traded Funds based on Black Swan basics. Mr. Taleb serves as a distinguished scientific advisor for Universa, the managers of the two funds. The funds are designed to protect investors against Black Swan events that will impact the S&amp;P 500 Index and the TSX 60 Index. The Horizons Universa Canadian Black Swan ETF HUT.A-T and the Horizons Universa U.S. Black Swan ETF will combine traditional exposure to equity indices with an actively-managed options strategy. Black Swan ETFs essentially consist of two components: exposure to broadly based equity indices and a pool of put and call options that utilize the Black Swan Protection Protocol. Mark Spiznagel, founder of Universa manages a fund using the protocol that saw a return in excess of 100% in 2008.<\/p>\n<p>A word of caution: These Exchange Traded Funds are specialty funds that are expected to record long periods of little or no return. However, potential return is substantial if and when a Black Swan event occurs. Consider the ETFs as a form of long term investment portfolio insurance policy.<\/p>\n<\/blockquote>\n<p>via <a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/funds-and-etfs\/etfs\/black-swan-investing-using-etfs\/article4225026\/\">Black swan investing using ETFs &#8211; The Globe and Mail<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, Horizons Exchange Traded Funds launched two Exchange Traded Funds based on Black Swan basics. Mr. Taleb serves as a distinguished scientific advisor for Universa, the managers of the two funds. The funds are designed to protect investors against Black Swan events that will impact the S&amp;P 500 Index and the TSX 60 Index. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,165],"tags":[537,534],"class_list":["post-4545","post","type-post","status-publish","format-standard","hentry","category-contributors","category-investing","tag-etf","tag-horizons-universa"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=4545"}],"version-history":[{"count":2,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4545\/revisions"}],"predecessor-version":[{"id":4547,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4545\/revisions\/4547"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=4545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=4545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=4545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}