Investment Objective
Absolute return consistent with reasonable risk to principal.
We seek to create and consistently maintain a strategy with favorable attributes relative to the benchmark index utilizing unique stock ranking models for each sector, downside risk screens and leading industry group indicators. This strategy is managed to a net equity exposure of about 30%.
Key Tenets of Our Approach
Proprietary, multi-factor stock selection buy and sell models for each sector
Downside risk screens (e.g. earnings surprise indicators, quality of earnings)
Leading industry group indicators, integrating top-down and bottom-up metrics
Universe
- Russell 3000 Index
Benchmark
- Russell 3000 Index
- 70% FTSE 3 Month Tbill/30% Russell 3000 Index
Operating Target
- Typically 80-140 long holdings
- 60-120 short holdings
- Existing long position maximum: 2% for any security
- Existing short position maximum: -2% for any security
- Targets a net equity exposure of about 30%
- No leverage
Limiting Exposure
- Sector: +/– 3% vs. the benchmark
- Industry group targets: +/– 2% vs. the benchmark
The Russell 3000 Index is an unmanaged, market value weighted index, which measures total return performance of the 3,000 companies that are largest in the market.
The FTSE 3 Month US T Bill Index Series is intended to track the daily performance of 3 month US Treasury bills. The indexes are designed to operate as a reference rate for a series of funds.
One cannot invest directly in an index.
This website is for informational purposes only. GIM products are actively managed, and their characteristics will vary. All investment has risk, including the risk of loss of principal. There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful. An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.