Markin Moderate

Multi-Asset 40/60 Risk Tolerance

Account Minimum:
$50K

Model Inception:
1/1/2017

Mngmt. Fee:
0.75%

Inception:
4/30/2021

Investment Objective

Optimized to align with retirement investors’ income and yield goals. Seeks to maximize total long-term return consisting of capital appreciation plus income such that a retiree can maximize income draw over a retirement life-cycle with a high likelihood of success.

An Outcome-Aligned Investment Approach for the Long-Term

Asset allocation in traditional multi-asset portfolios produces concentrated, risky portfolios with long periods of large loss that are a problem for most investors and a particular problem for loss-averse and interest rate sensitive investors such as those in and near retirement.

The Markin Moderate strategy invests by aligning portfolio exposures with changing market conditions and investors’ long-term income and yield objectives. The strategy’s long-term volatility is consistent with that of an investor with an 40/60 (equity/bond) risk tolerance. The strategy utilizes neither leverage nor shorting.

Investment Approach

The strategy aims to deliver diversified positions across asset classes and individual securities on the basis of top-down macroeconomic, bottom-up fundamental, and quantitative/technical views.

The strategy builds on the empirical observation that expected returns and risks evolve over market cycles and investors can generate more diversified returns and income over the long-term with less risk of loss by evolving portfolio asset class and individual security exposures accordingly.

The strategy invests primarily in stocks and fixed income with some exposure to select precious metals such as gold for risk management purposes.

The strategy is actively managed and exposures to asset classes and individual securities will vary based on the evaluation of investment opportunities and to maintain diversification and reduce exposure to large downside risks. These shifts in exposures are determined using fundamental analysis and quantitative models. Information that is evaluated to arrive at the strategy’s views includes, but is not limited to: earnings, cash flows, trend indicators, and growth forecasts.

Reasons to Invest

Long-Term Income Enhancing Approach

The retirement yield and income are estimated to be 19% greater than that of a traditional 40/60 portfolio.

Active Risk-Diversified Exposures

The strategy delivers a dynamic risk-balanced portfolio that is more risk-diversified than traditional asset allocation. The strategy dynamically adjusts exposure to and within markets based on bottom-up top-down quantitative analysis.

Capital Preservation & Risk Management

The strategy attempts to reduce portfolio-level risk during adverse market environments through a pre-defined risk-reduction process that has proven valuable in volatile cycles.

* The materials contained on this website do not constitute investment advice or research and should not be viewed as a current or past recommendation or a solicitation of an offer to buy or sell any securities or to adopt any investment strategy. Past profitability is not indicative of future results. The Markin Moderate strategy launched on April 30, 2021 and is managed by Markin Asset Management LP (“Markin”). Results are based on fully discretionary accounts under management, including those accounts no longer with the firm. All investing involves risk, including the loss of principal. Past performance is not indicative of future results. Results shown are net of advisory fees and estimated transaction costs. The advisory fee is comprised of a 75 bps AUM annualized management fee. The results shown reflect the reinvestment of dividends and other earnings. Additional information about Markin also is available on the SEC's website at www.adviserinfo.sec.gov.