Niemann Capital Management Renames Flagship Strategy
SCOTTS VALLEY, CA, Jan 16, 2013 (MARKETWIRE via COMTEX) --
Niemann Capital Management (http://ncm.net), a premier
money-management firm that runs several separately managed account
strategies for individual investors and institutions, today announced
the renaming of its flagship strategy from Equity Plus to Global
Global Opportunity will remain one of the most experienced
professionally managed strategies in Morningstar's "ETF Managed
Portfolio" database. Its complete performance history, including the
January 1996 inception date, will remain intact.
"The strategy will be managed exactly the same as before. We simply
changed the name to more accurately reflect its unconstrained, 'go
anywhere' ability and multi-asset class flexibility," said Niemann's
Chief Strategy Officer, Charles Halliday.
"Investors have traditionally hired multiple managers and opened
several accounts to get the type of global multi-asset class exposure
and risk management that Global Opportunity offers in one account,"
Global Opportunity (http://www.ncm.net/global-opportunity) is a
tactically managed, multi-asset class strategy that can invest in
equity, fixed income and alternative opportunities virtually
anywhere. In times of distress, Global Opportunity can go to cash to
avoid extreme losses.
Due to Global Opportunity's wide-open universe of choices in multiple
asset classes, it has a blended benchmark.
Global Opportunity's Intelligent benchmark
In the "old days," a strategy that had any exposure to U.S. equities
would get compared against the S&P 500 by default. This was largely
due to the fact that there weren't many widely accepted global
benchmarks. Today there are several.
Global Opportunity's benchmark is a 2/3 blend of the MSCI All Cap
World Index and 1/3 Barclays U.S. Aggregate Bond Index.
Portfolio Manager Alan Alpers said: "The S&P 500 Index only measures
U.S. equity exposure and it's possible that Global Opportunity could
have very little, even zero, U.S. equity exposure. As such, it
doesn't make sense to benchmark a global multi-asset-class strategy
against the S&P. Nonetheless, I'd like to point out that Global
Opportunity has soundly beaten the S&P since inception."
Niemann Capital Management balances the risk in opportunity by
judiciously investing in intermediate-term trends exhibiting
attractive risk-adjusted performance. The firm offers traditional
(always fully invested) and risk-managed (can go to cash) strategies
in variety of asset classes, including Global Multi-Asset, Global
Fixed Income, Global Sector Rotation, Domestic Equities and
PAST PERFORMANCE DOES NOT GUARANTEE SIMILAR RESULTS IN THE FUTURE.
SOURCE: Niemann Capital Management
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