Our investment philosophy is based on academic research, but we recognize that implementation is just as crucial as theory. Management fees, trading costs, and taxes can all peel away at the efficacy of even the best investment, reducing the likelihood of the investor meeting his or her goals. That is why we consider these key elements, not as an afterthought, but as an integral component of the portfolio engineering process. We have designed our funds with the goal of efficiency in implementation of a greater portfolio in mind.
The following model allocations are examples of portfolios that strive to provide broad global diversification tilted towards academically-derived factors.
Model Allocations & Expense Ratios
Monthly Model Portfolio Returns
Model Fact Sheets
Estimated Capital Gains Distributions
Fixed Income Statistics