The primary objective of the Tactical Equity Allocation Portfolio is to provide long-term returns in excess of the Russell 3000 Index, with less volatility. We dynamically vary our exposure to different segments of the domestic and international markets and by selecting superior asset managers.
| Large-Cap |
73% |
45 - 80% |
| Mid-Cap |
7% |
5 - 30% |
| Small-Cap |
0% |
0 - 20% |
| International |
20% |
0 - 30% |
|
As of September 30, 2011 |
Clients interested in a broad diversification across asset classes and investment styles.
When researching asset categories we evaluate earnings growth and valuation relative to an asset categories' own history and relative to other categories. We seek to take advantage of significant imbalances that periodically occur amongst asset categories.
The Tactical Equity Allocation Portfolio can have exposure to virtually all areas of the stock market, including: stocks, Real Estate Investment Trusts (REITs), as well as high-yield bonds, capitalization ranges (Large-, Mid- and Small-Cap companies), investment styles (Value, Blend, Growth), and international and emerging markets.
We utilize a combination of exchange traded funds (ETFs) and actively-managed no load mutual funds to seek a return above the relevant category benchmark over a full market cycle. A key goal is selecting the "right fund for the right season." Our selection criteria for choosing actively-managed mutual funds include:
- Proven manager approach and long-term track record
- Understandable, consistent investment process
- Experienced research staff
- Relatively low portfolio turnover
- No loads, low expenses