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Dion Money Management, LLC

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Austria (EWO) Swapped for Singapore (EWS) by ETF Momentum Tracker

Williamstown, MA, August 02, 2008 --( Don Dion, publisher of Fidelity Independent Adviser’s ETF Momentum Tracker, announced that he would be selling the International Portfolio position, iShares Austria (EWO), and would be buying iShares Singapore (EWS) with the proceeds.

“The iShares Singapore Fund presents a timely opportunity to further diversify our international portfolio,” Dion said. The iShares Singapore Fund tracks the MSCI Singapore Index, which includes the receipts of some of the largest publicly traded companies in Singapore.

ETF Momentum Tracker, a member of Fidelity Independent Adviser’s family of financial publications, provides subscribers with a strategy for ETF investing that utilizes relative strength indicators. Published weekly, ETF Momentum Tracker contains two model portfolios: the International Portfolio and the Sector Portfolio.

“EWS has jumped up our International Momentum Table in the last few months,” Dion noted, “EWS moved from the 10th position on May 27th to the 5th position on this week’s table.” EWZ, the iShares Brazil fund, is currently holds the top spot on Dion’s table— a position that it has held since February 26. The ETF Momentum Tracker International Portfolio is up over 28 percent net of fees since its inception on February 22, 2006— the S&P 500 was down 2.28 percent for the same period.

“iShares Mexico (EWW) was the top-performing fund in the International Portfolio last week,” Dion announced in his weekly commentary, “in our Sector Portfolio, iShares Nasdaq Biotech (IBB) has had the highest returns in the last five trading days.” Both the International and Sector portfolios are comprised of five ETFs.

Dion noted that “Southeast Asian funds have staged a small rally of late,” as he continues to look for “a variety of opportunities” in a difficult U.S. economy. “The recent volatility in U.S. markets has caused a tremendous amount of fear among investors,” Dion said, “we are dedicated to providing our subscribers with diverse portfolios, and arming them with the latest market information.”

About Fidelity Independent Adviser: With more than 70,000 subscribers in the United States and 29 other countries, Fidelity Independent Adviser publishes four monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.

About Don Dion: In addition to his role as the publisher of Fidelity Independent Adviser, Don Dion is also president and founder of Dion Money Management, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Massachusetts, Dion Money Management manages more than $700 million in assets for clients in 49 states and 11 countries. A licensed attorney in Massachusetts and Maine, Mr. Dion has more than 25 years’ experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.

For more information, or a Free Portfolio Review, visit or call toll free: 1-(800) 432-7447

Contact Information
Dion Money Management, LLC
Donald R. Dion
1-800-432-7447 ext. 119

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