Equity

U.S. Equity All Cap Strategy

The strategy pursues long-term outperformance and uncorrelated alpha versus the Russell 3000 Index by exploiting a consistent arbitrage opportunity in an inefficient closed-end fund market.

Competitive advantages

Gears

Advanced portfolio construction

The team uses proprietary risk-based portfolio construction techniques that are transparent, diversified, efficient, and robust.

Asset

Tactical asset allocation (TAA)

The team is one of the longest-tenured global TAA managers, with a proven track record of adding value for clients since 1980.

Low Volatility

Downside risk management

Innovative risk management strategies since 2015 have helped preserve capital while considering cost, consistency, and reactivity.

Composite performance

Average annual returns Add Minus

Average annual returns

(as of 12/31/2023)
1M
3M
YTD
1Y
Inception
Fund
5.78
12.73
19.75
19.75
0.66
Benchmark
5.30
12.07
25.96
25.96
2.62

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.


Calendar year Add Minus

Calendar year

2023
2022
2021
Fund
19.75
-19.18
4.91
Benchmark
25.96
-19.21
4.37

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.


Our team
Meet the investment team

The team’s culture is a differentiating strength and includes a rich variety of backgrounds, thinking, and complementary skill sets.

Contact Us

We look forward to helping you with your investment needs