The Salient Tactical Growth strategy is sub-advised by Broadmark Asset Management.
The strategy capitalizes upon a persistent, recurring market inefficiency. This exploitable inefficiency is created by the relative return investment methodology employed to manage the majority of U.S. institutional equity funds. The core beliefs of the strategy are:
Broadmark seeks to outperform traditional strategies by:
Broadmark utilizes ETFs which provide market and sector exposure while diversifying the portfolio and reducing stock selection risk. ETFs reduce portfolio volatility and offer the highest liquidity possible with very low trading costs. The use of ETFs provides an optimal blend of alpha with low volatility for strong risk-adjusted returns. Individual equities are not used in the Salient Tactical Growth Strategy since the additional alpha generated through superior stock selection is also accompanied by a commensurate increase in portfolio volatility and risk.
Broadmark’s models provide key determinates in assessing optimal stock market exposure including:
Separately Managed Accounts and related investment advisory services are provided by Forward Management, LLC, a federally regulated Investment Advisor.