2017 Year-End Review
Don’t be fooled. Strong investment results are a function of proven process + relentless discipline + favorable conditions.
Sometimes the best process followed with vigilant discipline delivers disappointing results. In other years these qualities are enhanced by favorable market conditions, which creates a perfect storm of performance.
Net performance of ReSolve Strategies in 2017 (daily scale). Click on links to see strategy fact sheets.
| Statistics | Return | Volatility | Max Drawdown |
|---|---|---|---|
| AAA 16% | 42.37% | 16.30% | -5.72% |
| AAA 12% | 29.57% | 11.63% | -4.40% |
| AAA 8% | 17.67% | 7.62% | -3.08% |
| AAA 8% Levered | 15.47% | 5.73% | -1.78% |
| Risk Parity 12% | 24.06% | 8.78% | -4.39% |
| Risk Parity 6% Un-Levered | 12.66% | 4.44% | -2.13% |
| Tactical Equity | 17.66% | 7.50% | -2.74% |
Source: ReSolve Asset Management
In this comprehensive report,examine the factors that led to ReSolve’s excellent performance in 2017, and gain an edge on performance in 2018 by learning:
- What it takes for active asset allocation strategies to thrive
- What market features made 2017 better than average for active multi-assets strategies relative to other years since 1990
- Why some multi-asset strategies are more likely to prosper in the years ahead.
Don’t Wait! Download the report right now.
General Disclaimer
Confidential and proprietary information. The contents hereof may not be reproduced or disseminated without the express written permission of Resolve Asset Management Inc. (“ReSolve”). ReSolve is registered as an investment fund manager in Ontario and Newfoundland and Labrador, and as a portfolio manager and exempt market dealer in Ontario, Alberta, British Columbia and Newfoundland and Labrador. Additionally, ReSolve is an SEC registered investment adviser. ReSolve is also registered with the Commodity Futures Trading Commission as a commodity trading advisor and a Commodity Pool Operator. This registration is administered through the National Futures Association (“NFA”). Certain of ReSolve’s employees are registered with the NFA as Principals and/or Associated Persons of ReSolve if necessary or appropriate to perform their responsibilities. ReSolve has claimed an exemption under CFTC Rule 4.7 which exempts Resolve from certain part 4 requirements with respect to offerings to qualified eligible persons.
General information regarding returns. Performance data for any mandate presented reflects the performance of all accounts under that madate managed ReSolve Asset Management Inc. Records that document and support this past performance are available upon request. Performance is expressed net of applicable management fees. Indicated returns of one year or more are annualized. Results are based on fully discretionary portfolios under management, including those portfolios no longer with the firm. Composite performance is presented gross of foreign withholding taxes on dividends, interest income, and capital gains. Withholding taxes may vary according to the investor’s domicile. The returns of these composite’s benchmark are calculated gross of withholding tax.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Forward-Looking Statements. From time to time, we make written or oral forward-looking statements within the meaning of certain securities laws, including on this report, in filings with all securities regulators and in other communications. These statements include, but are not limited to, statements we make about our operations, business lines, financial condition, risk management, priorities, targets, ongoing objectives, strategies and outlook. Forward-looking statements are typically identified by the words ‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘estimate’ and other similar expressions or future or conditional verbs such as ‘will’, ‘should,’ ‘would’ and ‘could’. By their nature, these statements require us to make assumptions and are subject to inherent risks and uncertainties that may be general or specific. A variety of factors, many of which are beyond our control, affect our operations, performance and results and those of our business lines, and could cause actual results to differ materially from the expectations expressed in any of our forward-looking statements. Readers should not place undue reliance on our forward-looking statements. We do not undertake to update any forward-looking statement that is contained in this site or in other communications.
These materials do not purport to be exhaustive or to contain all the information that a prospective investor may desire in investigating any investment opportunity. These materials are for preliminary discussion only and may not be relied upon for making any investment decision. Rather, prospective investors should review the funds’ Offering Memorandums (the “OMs”) or ReSolve’s account opening documents, as applicable, and rely on their own independent investigation of the funds or the accounts. In the event that any of the terms of this presentation are inconsistent with or contrary to the OMs or account opening documents, the OMs and account opening documents shall prevail.
This presentation does not constitute an offer to sell or a solicitation of interest to purchase any securities or investment advisory services in any jurisdiction in which such offer or solicitation is not authorized.
General information regarding hypothetical performance and simulated results. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account or fund managed by ReSolve will or is likely to achieve profits or losses similar to those being shown. The results do not include other costs of managing a portfolio (such as custodial fees, legal, auditing, administrative or other professional fees). The contents hereof has not been reviewed or audited by an independent accountant or other independent testing firm. More detailed information regarding the manner in which the charts were calculated is available on request. Any actual fund or account that ReSolve manages will invest in different economic conditions, during periods with different volatility and in different securities than those incorporated in the hypothetical performance charts shown. There is no representation that any fund or account will perform as the hypothetical or other performance charts indicate.
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