Money Management Solutions For:
· Founded in 2002
· Independent ownership
· SEC Registered
Active: US Large Cap Sector Rotation
Main Management was founded on the philosophy that sectors are a more efficient way to own equities than single stocks. Accordingly the strategy uses a disciplined investment process to rank and select market sectors that are trading below their historical averages on an absolute and relative basis. The firm also believes that undervalued sectors typically revert to their mean when the appropriate catalyst is present. A sector will be sold when its price target is achieved The strategy derives excess returns from the correct overweight and underweight of sectors relative to the S&P 500 benchmark. The portfolio is implemented using Exchange Traded Funds (ETFs). This strategy is GIPS verified by Ashland Partners. Inception: September 2002.
Buy-Write: Global Low Volatility Equity Income
This strategy has two key components: Dynamic Global Equity Allocation and Monthly Option Writing. The portfolio managers employ a disciplined process of fundamental analysis to allocate a globally diversified equity portfolio. Thereafter monthly covered call options are written to generate income and lower overall volatility. The strategy aims to outperform the MSCI All Country World Index over a full market cycle with one third less volatility. The long term target goal is to generate 4-6% collective income per annum from option premiums and dividends. In addition the strategy makes intra-year tactical changes to the underlying equities subject to market conditions. This strategy is GIPS verified by Ashland Partners. Inception: September 2004.
All Asset: Global Balanced
The portfolio seeks to replicate the risks and returns of sophisticated endowments and foundations using liquid investment vehicles. The portfolio managers select from a wide array of diversified asset classes to create a comprehensive, globally diversified solution. The strategy aims to provide investors with tax-efficient, equity-like returns with substantially lower risk than the S&P 500 index. It maintains exposure to US Equities, International Equities, Fixed Income, and Diversifying/Non Correlated Investments and balances a core strategic asset allocation with carefully selected tactical trading strategies. Risk management includes controlling volatility with targeted selling of covered call options. Benchmark is 70% MSCI All Country World Index - 30% Barclays Aggregate Bond Index. Inception: November 2006.
International: Non-US Equity
Main Management seeks to achieve long term capital appreciation by investing in non U.S. country and sector indexes. The portfolio utilizes a dynamic asset allocation approach which combines the benefits of both strategic and tactical allocation strategies. It employs a top down assessment to identify undervalued economic regions, countries and sectors. Rigorous fundamental analysis and a proprietary weighting methodology are key components of a disciplined allocation process. Concurrently, tactical allocations will be used to anticipate and respond to opportunistic shifts in the market. Benchmark is the MSCI All Country World ex US index. Inception: December 2007.
Global Macro Long/Short
Main Management seeks to achieve long term capital returns by establishing long and short positions simultaneously in ETFs that have been highly correlated and have experienced a recent divergence in price. In addition long and short pair trades in non-correlated sectors, styles and asset classes and option premium harvesting when risk/reward analysis warrants may also be implemented. The strategy operates within band of plus/minus 40 percent net long/short on ongoing basis and may opportunistically employ leverage. Top down and bottom up fundamental analysis as well as technical analysis are used to position the portfolio. Benchmark is the HFRX Absolute Return Index. Inception: May 2008.
Main Management seeks to invest in the physical currency and short term debt of fiscally responsible countries pursuing sound monetary policy through the use of Exchange Traded Funds (ETFs). The portfolio aims to hedge against U.S. dollar debasement and the resultant loss of purchasing power relative to a basket of global currencies. Rigorous fundamental analysis of individual countries and currencies are key components of a disciplined investment process. The strategy actively allocates among a combination of Developed and Emerging Market debt and may invest in Precious or Industrial metals. It targets lower volatility as well as low correlation to Global Equity markets. Benchmark is the Bank of America USD LIBOR 3 month Constant Maturity. Inception: November 2010.
For more information about Main Management
and the above strategies including yearly performance, fact sheets,
and GIPS verification reports please contact us at:
Toll Free: 1-866-ETF-XPRT 1-866-383-9778