RESOLVE ADAPTIVE ASSET ALLOCATION:
16% VOLATILITY (USD)“It’s not the strongest of species that thrives, nor the most intelligent. It is the one that is most adaptable to change.”
ADAPTIVE ASSET ALLOCATION: 16% VOLATILITY (USD)
MANDATE HIGHLIGHTS
Investment Vehicle: Separately Managed Account
Custodian: Interactive Brokers
Eligibility: All Registered & Non-Registered Accounts
Liquidity: Daily
Style: Global Tactical Asset Allocation
Investment Type: Long Only
Inception Date: July 2016
Volatility Mandate: 16% Target Volatility
Currency: USD
Currency Hedge: None
The ReSolve Enhanced Adaptive Asset Allocation strategy is our most dynamic version of the Adaptive Asset Allocation methodology. The strategy trades more regularly to aggressively capitalize on material changes in trends, correlations and asset risks. The strategy targets a constant 16% annualized portfolio volatility, and may employ modest leverage up to 3-1 to reach this target during stable market regimes.
What should you expect? Hills and valleys instead of mountains and canyons. Investors trade off one, three or even five years of underperformance when compared to the Global Market Portfolio benchmark for the opportunity to earn persistent gains, even during major bear markets.
Calendar Performance
This is composite performance. Please refer to “Performance Disclosure” at the bottom of this page.
AVERAGE ANNUAL RETURNS
RETURN RISK METRICS
This is composite performance. Please refer to “Performance Disclosure” at the bottom of this page.
Month-End Holdings and Risk Statistics
MONTH-END ASSET ALLOCATION
ESTIMATED MONTH-END RISK CONTRIBUTION
This is composite performance. Please refer to “Risk Contribution Disclosure” at the bottom of this page.
ASSET ALLOCATION CHANGES THROUGH TIME
1 Benchmark Disclaimer
The Benchmark approximates the returns to a Global Balanced Portfolio in U.S. dollars. It consists of the following investable universe of low-cost Exchange Traded Funds: 60% Vanguard Total World Stock Market, 20% Core US Aggregate Bond Index, 20% SPDR Barclays International Treasury Bond.
2 Performance Disclaimer
The performance data above represents the performance composite of all ReSolve Adaptive Asset Allocation: 16% Volatility (USD) mandates managed by ReSolve Asset Management Inc. Performance is expressed in US dollars, net of a management fee of 1.90% annualized. Indicated returns of one year or more are annualized. Past performance is not indicative of future performance.
Performance Disclosures
Past performance is not indicative of future performance. The performance data above represents the performance composite of the referenced mandate managed by ReSolve Asset Management Inc. Indicated returns of one year or more are annualized. Actual performance for individual client accounts may vary from the rate of return quoted within the documents depending on the timing of the initial investment and subsequent additions and/or withdrawals.
Risk Contribution Disclosure
Portfolio Risk Contribution is computed as the standard deviation of daily return observations. Individual asset risk is computed as the weighted marginal portfolio risk. Asset covariance is estimated using daily returns over the previous 50-days.