|
|
|
|
|
|
Investment Products
|
|
|
|
|
Our current investment products are based on U.S. large cap, exchange traded equities. We build portfolios that are fully invested and consist of a well-diversified list of stocks. Through this diversification and other measures of risk controls we apply, we maintain portfolio risk at targeted levels. We offer long-only, LongPlus (“130/30”), and long-short products. Alphas from our Sector Rotation and Stock Selection models are the common source of value-added for all of these products.
Long-Only:
The goal of our long-only strategy is to consistently outperform a broad benchmark over a full market cycle, with tracking error (a measure of the risk of negative deviation from benchmark performance) maintained within agreed upon levels, based on client’s needs. We currently offer investments tied to the following benchmarks and at various levels of tracking error:
| |
- S&P 500 ®
- Russell 1000 ®
- Russell 1000 Value ®
- Russell 1000 Growth ®
- Custom
|
LongPlus:
The LongPlus product is our implementation of the so-called “130/30” strategy, where the no-shorting constraint of long-only portfolios is relaxed to permit shorting at the specified percentage, with the short proceeds invested on the long side. The portfolio captures the market component fully like a typical long-only investment (the beta of the portfolio is 1.0). The relaxation in the no-shorting rule better exploits the expected value-added from the alphas in actively managed portfolios. The LongPlus product is available at various levels of shorting (e.g., 110/10, 120/20, 130/30).
Long-Short:
The portfolios are built as a long/short, market-neutral fund. Here the goal is to generate absolute returns that are not correlated to the capital markets. We build the portfolios to be unbiased towards a variety of market characteristics, i.e., value, growth, beta, capitalization, etc. Also we ensure that the likelihood of large potential drawdowns (peak to trough losses during adverse periods of performance) is limited. The product is available at various levels of leverage. The product can be used as the alpha contributor to Portable Alpha strategies.
|
| |
|
© 2008 Stux Capital Management
Nothing contained in this Site should be considered a solicitation to buy or an offer to sell shares of any investment products or limited partnership accounts in any jurisdiction where it would be unlawful.
Privacy Policy
|
|
