The investment seeks long term capital appreciation and preservation with lower volatility. The goal is to capture all of market gains in a bull market while providing a downside protection in a bear market.
Aggressive , Medium to High Turnover
Under normal circumstances, the fund invests a majority of its net assets in the common stock of mid and large sized companies with market capitalization over $ 1 billion at the time o f investment. It invests the majority of its assets in US companies and ADRs. We use inverse ETFs to hedge against market decline.
We believe stock prices follow companies’ earnings, and those companies that can deliver durable multi year earnings growth provide attractive investment opportunities. Our investment approach seeks firms we believe are poised for sustained, above average earnings growth that is not accurately reflected in the stocks’ current valuation.
Model Performance Overview
Hypothetical Growth of $1M Initial Investment
- Devkota Capital Advisors LLC (“Devkota”) is a registered investment adviser with the State of California and Texas.
- All of the performance returns above represent a hypothetical model that was created by Devkota.
This model has been applied to actual client portfolios from 03/01/2017 and the above results represents net performance after a management fee of 1. 5.
- The results of the back tests shown (prior to 03/2017) do not represent the results of actual trading using client assets but were achieved by means of the retroactive application of a model that was designed with the benefit of hindsight and should not be considered indicative of the skill of the adviser. The results may not reflect the impact that any material market or economic factors might have had on the adviser’s use of the back tested model if the model had been used during the period to actually manage client assets. The performance calculations for the back tested results deducted a management and trading fees of (1.9%) per year.
- Past performance is not indicative of future results and any investment strategy involves the risk of loss.
Performance shown represents total returns that include income, realized and unrealized returns.
- Devkota’s investment strategies involve a moderate level of portfolio turnover. Portfolio turnover affects transaction costs and lower returns.
- Any level of portfolio turnover will have tax consequences for an investor.
- The performance of an actual client account will likely vary from Devkota’s investment model for several reasons including custodial costs and other fees, actual transaction costs in a client account being higher or lower than the model transaction costs, market conditions during trading,
- investment selection availability, and/or other factors.
- You should not assume that future performance results will be profitable or equal to Devkota’s past model performance.
- Please see Devkota’s ADV Part 2 for a description of the risks associated with this portfolio and investing in equities.
- The use of Devkota’s investment model and strategies may be appropriate for certain investors as part of their overall investment strategy.
- However, the use of investment models is not a substitute for personalized investment advice and investors should consult with an experienced financial advisor before investing or implementing any investment strategy.
- The result for the benchmark S&P500 does not include reinvestment of dividends or any estimated trading fees
Investment advisory services offered through Devkota Capital Advisors, a registered investment adviser.
- Exchange Traded Funds (ETF’s) are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.
- Indices are unmanaged and investors cannot invest directly in an index. Unless otherwise noted, performance of indices do not account for any fees, commissions or other expenses that would be incurred. Returns do not include reinvested dividends.
- Inverse mutual funds and ETFs, which are sometimes referred to as “short” funds, seek to provide the opposite of the performance of the index or benchmark they track. Inverse funds are often marketed as a way to profit from, or hedge exposure to, downward moving markets. Some inverse funds also use leverage, such that they seek to achieve a return that is a multiple of the opposite performance of the underlying index or benchmark (i.e., 200%, 300%). In addition to leverage, these funds may also use derivative instruments to accomplish their objectives. As such, inverse funds are volatile and provide the potential for significant losses.
- The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is a market value weighted index with each stock’s weight in the index proportionate to its market value.