Both our People and our Process lead us to healthy returns not only OUTRIGHT but on a RISK ADJUSTED BASIS as well:
Lets take a look at some of those measurements of risks: see pg. 5
HIGH ALPHA & HIGH INFORMAITON RATIO INDICATES CONSISTENTLY HIGH RISK ADJUSTED RETURNS FOR EVERY UNIT OF RISK TAKEN.
* A) ALPHA = 4.87% since inception & 5.49% over the last 5yrs.
* B) INFORMATION RATIO = .58 OVER THE LAST 5YRS.
*Higher IR shows that the manager is consistently outperforming the benchmark. It also means a manager can achieve higher returns more efficiently than one with a low ratio by taking on additional units of risk.
- *C) UP-SIDE CAPTURE = 116%
- DOWN-SIDE CAPTURE = 95%
***ESSENTIALLY WE PARTICIPATE MORE ON THE UPSIDE THEN WE DO ON THE DOWNSIDE. SO EITHER WAY WE'RE ALWAYS OUTPERFORMING THE MARKET.
IR =ER/STANDARD DEVIATION