|Inception date||Benchmark||Total strategy assets†||Product literature|
|April 30, 2009||S&P 500 Index||$397.3M (As of July 2019)||
The strategy utilizes a flexible mandate to target growth opportunities in leveraged companies throughout the full market cycle.
- Strategy offers access to an area of the equity markets that is often under-researched and mispriced due to the complexity created by leverage
- No limitation on exposures to sectors, countries, or capitalization sizes
- Opportunity set broadened by shorting capabilities and active use of cash
- Risk-adjusted return potential enhanced by security selection and the application of flexibility
†Assets may include accounts that are not reflected in the composite.
**No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his or her initial investment. Actual results could be materially different from the stated goals. Investors should carefully consider the risks involved before deciding to invest. See the composite disclosures for a summary of risk considerations. As with any investment, there is a potential for profit as well as the possibility of loss.
Investments in securities of leveraged companies are likely to be more volatile than investments in companies that are not leveraged. Portfolios that engage in short sales of securities can incur losses if the securities appreciate in value and may experience higher volatility due to leverage resulting from investing the proceeds of securities sold short. This risk is greatest in volatile markets. Losses could be limitless.