The Navigator Fund invests the portfolio in long and short equity stock index futures, primarily on the S&P 500® Index; however, other equity indices may be invested in from time to time. The Fund’s investment methodology, based on the portfolio manager’s proprietary quantitative indicators and models, begins with a top-down analysis of a broad array of fundamental and statistical data relating to the stock market.
The Investment Manager’s focus is on absolute rather than relative returns with an emphasis on the benefits of compounding over time. The Fund’s intent is to provide an investment strategy that offers an opportunity for positive absolute returns while reducing exposure to general equity market risk.
The Vice Fund is founded on the predictability of certain consumers. Drinkers, smokers, gamblers, and governments have historically purchased these goods and services throughout economic cycles. The businesses that cater to these consumers are generally older, with well-established brands that hold defensible positions in the marketplace, also known as wide motes.