Strategies

Equity

We take broadly diversified total market portfolios and tilt towards factors that have over time driven higher market returns.  Some factors that we focus on are value, size, and quality.  We tilt our equity portfolios to favor deep value with a lower price to book ratio than the S&P.  We also overweight to smaller cap companies and have recently introduced a quality tilt into highly profitable companies.  In some cases we integrate momentum into our factor strategies.
 

Fixed Income

For fixed income we invest in government treasuries along with a unique high yield municipal and corporate closed-end bond strategy.  This can complement our factor driven equity portfolios while working to provide strong income and potential for long term total return.