K-JPX NVAV today (5/3/20) drop to the lowest in the past 6 months. Per suggestion to adjust the allocation, should we sell now at 6-month low or wait for rebound to switch the allocation? was a sharp drop due to Olympic postponed?
Response from Team Andrew: So covid-19 hit Japan quite badly. Olympic games postponed is a factor as the previous positive momentum partly came from there. The poor gdp numbers was the other major negative surprise. We have reduced the weight to 5% in AWS, which is our minimum target weight.
For further information, please enter this link https://www.finnomena.com/andrewstotz/aws-feb2020-eng/