Active

The Active strategy consists of sector, sub-sector, style and international investments that have greater return characteristics than the overall market. The Active portfolio is benchmark agnostic. We can have a maximum exposure of 30% in one sector and a minimum of 0%. This strategy was designed to achieve capital appreciation with low fees, low turnover and minimal taxes. Our objective for the Active portfolio is to seek higher returns with slightly more risk than the Core portfolio by tactically investing in high quality sectors, sub-sectors, styles and international investments that are out of favor or undervalued. Benchmark is the S&P 500. Inception: September 2002.

Fact Sheet

Buy-Write
Main Management’s Buy-Write portfolio is a long only equity and fixed income strategy that seeks to generate income and dampen volatility from selling covered calls on its underlying holdings. The Buy-Write strategy seeks to generate an income stream from selling covered calls at the money, or slightly out of the money, on multiple asset classes. This strategy was designed to achieve capital preservation and provide income with low fees, low turnover and minimal taxes. Our objective for the Buy-Write portfolio is to seek superior risk adjusted returns by investing in multiple asset classes and to generate premium income by selling covered calls, at a monthly duration, on the underlying investments in the portfolio. The underlying asset class selection is supported by fundamental research with reversion-to-the-mean coupled with a catalyst. Benchmark is the CBOE BXM. Inception: September 2004.
Fact Sheet

All Asset
Main Management’s All Asset or Core Endowment Portfolio (CEP) is a multi asset class strategy that provides exposure to U.S. Equities, International Equities; Developed and Emerging, Fixed Income; U.S. Treasury Bonds and Sovereign Debt, and Diversifying Investments[1]. The Objective of the All Asset strategy is to provide investors with tax-efficient, equity-like returns with substantially lower risk than the S&P 500 index[2]. We tactically allocate amongst the aforementioned asset classes from a broad list of ETFs depending on our proactive forward view of the markets. We look for undervalued asset classes that have a catalyst to revert back up to their appropriate valuations. Our risk management includes controlling volatility through diversification, allocating to non-correlating asset classes and selling covered-calls on a portion of the equity position. The option overlay helps to dampen volatility and at times will provide an additional income stream. In addition to separately managed accounts, the All Asset strategy is managed in LP form and is a choice on Nationwide’s COLI/BOLI platform. Benchmark is 70% MSCI AC World Index NET - 30% Barclays Agg. Inception: November 2006.
Fact Sheet

International
Main Management's International portfolio is a long only international equity strategy allocated amongst countries with clear risk reward tilt. We screen the universe of developed and developing countries ex the U.S. and focus on low market capitalization to GDP ratio, low price-to-earnings growth (PEG) ratio, current account/GDP ratio and current political and balance sheet risk. Our Investment Committee includes international expertise. Benchmark is the MSCI All Country World ex US index. Inception: December 2007.

Fact Sheet