The Global Equity strategy seeks long term appreciation of capital by utilizing both fundamental and technical security analysis. Equities are selected based on fundamental qualities combined with technical support.
The portfolio maintains a broad exposure across four to five long term investment trends that we believe to be important and will not tend to approximate similar weightings as the S&P 500 Index or S&P 1200 Global Index.
This is an asset allocation strategy designed to maintain positions in various global investment trends. Each company is individually evaluated and industry group strength is an added filter in the selection process. The portfolio allocation is likely to shift between equities and cash based upon 1) overall market momentum, and 2) changes in our macro-economic indicators. We may also employ short term hedge strategies when a bear market or crisis environment looms.
Shifts in the portfolio between domestic and international holdings occur when foreign issuers assume a greater or lesser role in current investment themes. These shifts are not wholesale changes, simply a result of individual security selection.
The portfolio is populated primarily with Large Capitalization and Mid Capitalization securities that have actively traded ADR’s or GDR’s on U.S. exchanges. However, there is no limit to the number of companies considered, other than accessibility and liquidity. Major companies from Emerging Markets are also included in the portfolio when they satisfy the criteria.
The Tactical Income strategy focuses on current income as a primary objective, with capital appreciation as a secondary objective. This strategy surveys the traditional bond market as well as non-traditional, liquid sources of income such as MLPs, REITs, energy royalty trusts, convertible bonds, preferred stock, etc. The broad investment scope provides the opportunity to perform well in a rising interest rate environment when traditional bonds often do not.
This approach focuses primarily on varying the portfolio allocation over time and through different market conditions. Investment emphasis is shifted between various income vehicles based on our proprietary technical algorithms.
DA2 Primary is a strategic allocation strategy that seeks to achieve returns comparable to the broad U.S. stock market over full cycles but with less volatility and downside risk. The goal is to achieve superior risk adjusted returns over the long run.
This approach focuses primarily on varying the portfolio allocation over time and through different market conditions. Investment emphasis is shifted primarily between stock and bond investments, as well as other smaller more defined asset classes, based on our analysis of valuations and projected returns.