Investment Philosophy
Theory
Asset Allocation drives 85%-95% of Expected Return*
*Brinson, Singer, Beebower. "Determinants of Porfolio Performance II: An Update" Financial Analysis Journal. May-June 1991
Allocation
PrideCo Capital Management divides our portfolio into four sections, with core defined as amount needed to have 95% chance of not running out of money in 25 years
Source: AllianceBernstein
Products
Research shows that corporate bonds do not compensate holders for the risk incurred*, our goal was to find a fixed income complement to government debt that would compensate for risk
* “Pioneering Portfolio Management.” David Swensen 2000.
Investment Objective
To provide family offices with a fixed income product that:
- Delivers attractive risk adjusted returns,
- Provides consistent performance,
- Makes quarterly distributions, and
- Provides active principal protection