I was an earlier adopter of high StockRank based investing and I have done pretty well averaging over 25% pa over the past 4 years. Last July I decided to diversify and apply the same strategy in Australasian markets.

However, the results so far are not encouraging. I am down about 6% versus the ASX200, which is up about 10% and the NSX50, which is more or less unchanged. After a bit of fiddling, I have worked out that the basket of 90-plus Aus/NZ StockRanks in July 2016 has increased by about 6%. This suggests that I may have been a bit unlucky, but even with average luck I would have struggled track the indices.

Nine months is not long enough to draw firm conclusions, but I am starting to get impatient. There have been periods in the UK over the past four years where the strategy doesn't seem to do much, perhaps for about six months. But sooner or later there is a surge which takes overall returns to new heights.

From the performance charts here:

http://www.stockopedia.com/stockranks/performance/

... it is clear that High StockRank strategies have been working in the UK and European markets, but not really in the U.S. One possibility is that US markets are more efficient. However, I also wonder whether there are quite long periods when factor investing stops working in certain markets, perhaps even years.

I would be really interested in hear from subscribers in other regions about your experiences with using high StockRank based strategies (or any other type of factor based investing),

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