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last five years have seen unprecedented market behavior that has
wreaked havoc with investor’s greed, fear and ultimately their
investments. Many investors continue to pursue aggressive returns
while attempting to minimize exposure to risk.
Back in 1994, a professional money manager assured me that you could
not achieve the best of both worlds by incorporating aggressive
returns with minimal risk. Such a rare product, in his words, was
“like trying to find a needle in a haystack.” This sentiment
ring’s true today as many investors have watched their beloved
and supposedly “safe” mutual funds, especially growth
funds, unwind in value at rates greater than the market itself.
Yet there exists a category of investment
products that are managing to break the rules by producing returns
that are significantly greater than the market and yet strive to
maintain a lesser degree of risk. The possibility of this investment
philosophy can exist through actively managed Treasury and Equity
Indexes with the capacity to profit in good times and bad as well
as mitigate the risk of longer term buy and hold strategies.
JCM is a firm dedicated
to the active management of Futures Indexes such as the S&P
500 and 10 year Treasury Notes. Futures are an obvious choice
given they inherently have a short term capital gains advantage
while simultaneously offering exceptional liquidity and safety
relative to common stock.
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