Purcell

Tactical Hi Yield

The Tactical Hi Yield Investment Program seeks to utilize high income producing mutual funds to achieve above-average total return through a combination of relatively high dividend income and possible short-term capital gains. It is actively managed using a tactical approach. This approach seeks to keep clients assets in high income-producing mutual funds when market conditions are deemed favorable. When market risk to invested principal is perceived to be unacceptably high, 100% of assets are moved to a money market fund.

Risk Assessment

All asset classes have specific, inherent risks. Among the risks associated with high yield bond instruments are credit risk and interest rate risk as well as market and systematic risk. The Purcell Tactical Hi Yield Investment Program is managed taking these risks into account.  The Purcell Tactical Hi Yield Investment Program controls risk by maintaining a cash or money market position until the next buying opportunity.  The Tactical Hi Yield Investment Program does not utilize short or leveraged positions which further lowers the risk profile.
Please consult your financial advisor for help deciding which program may be suitable for you.

DISCLOSURE: All investments have the potential for loss as well as profit. No current or prospective investor should assume that future performance results will be profitable or equal the Purcell Advisory performance. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment or investment approach will be profitable. The information provided here is intended to be general in nature and should not be construed as investment advice or as a recommendation of any specific fund, security or investment approach. Investors should consult with a financial advisor before investing.

Purcell Advisory Services, LLC 945 South Fawcett Avenue Tacoma, Washington 98402 800.730.6867 253.627.8101