World 20 ETF Portfolio PSDS Scan 12-31-2009

The balanced portfolio now has 19 country ETFs plus the emerging market ETF producing a positive 5yr return APR = 14.60%. The forecast standard deviation STD = 9.02% is low and the Sharpe ratio 1.33 is not distorted by stable value investments. Since 12-31-2008 my model portfolio tracking 13 of these ETFs is up 62%. I rebalance quarterly.