Investment Programs Offered by Purcell Advisory Services
Quantitative L/S Strategy
The Purcell Quantitative L/S Strategy is the first proprietary long and inverse investment model utilizing leveraged mutual funds developed in collaboration with Ned Davis Research, Inc. (NDR). Its primary objective is long-term moderate growth with emphasis on capital preservation. A team-based decision-making approach is used. Downside protection and risk management are integral components of the model which uses leveraged mutual funds, both long and inverse, as well as money market funds. The safety of money markets is used when market conditions are unstable or unattractive from a risk perspective. The model seeks to achieve growth regardless of market direction.
Olympic Series
Purcell’s Olympic Series include four programs which vary based on their return profiles. The more aggressive III and IV programs target higher return goals, but at increased risk levels.
Ultra Lite Investment Program
The Ultra Lite program seeks to identify opportunities where the short-term direction of the market can be predicted with a high degree of probability. Up to 75% of an account’s assets may be allocated to inverse or long mutual funds according to the market model. During periods when market direction is uncertain, up to 100% of the account may be invested in a money market position.
Ultra Growth Investment Program
The Ultra Growth program also seeks to identify opportunities where the short-term direction of the market can be predicted with a high degree of probability. With this strategy, however, leveraged funds may be used which amplify market direction. Ultra Growth may invest up to 100% of the account balance in long or inverse positions on any given day. If the program does not signal an opportunity where potential reward exceeds risk, up to 100% of the account balance may be held in a neutral or money market position.
Columbus High Yield Bond Investment Program
The Columbus High Yield strategy uses high yield bond mutual funds to achieve its goal of above average returns with less volatility than the general high yield market. Up to 100% of account assets may be placed in corporate bond funds or a money market fund depending upon the strategy’s proprietary model. This strategy does not employ inverse or leveraged funds.
Tactical Hi Yield Investment Program
The Tactical Hi Yield strategy seeks to utilize high yield bond mutual funds to achieve above-average total return through a combination of relatively high dividend income and possible short-term capital gains. This approach seeks to keep clients’ assets in high income-producing corporate bond 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. This strategy does not employ inverse or leveraged funds.