Investment Style

THE PROCESS

TAG starts with a qualitative, top down view of global themes focused around social, political and economic trends with both current and historical perspectives. The trends are interpreted as to their "future" impact on various asset classes. These financial forecasts are validated through quantitative, bottom-up valuation metrics and technical analysis. This investment process has been tested through turbulent markets since its inception in 1988.

RISK MANAGEMENT

The "arithmetic of loss" can require multiple years for a portfolio to recover from a substantial loss. TAG recognizes that time could run out for certain investors. Therefore, TAG has built five levels of risk management into the portfolios as part of an integrated risk management system.

Target allocation; establish equity risk
Wide diversification; protect allocation risk
Position limits; reduce concentration risk
Passive indexes; minimize security risk
Tactical overlay; manage event risk

THE PORTFOLIOS

TAG's Tactical Portfolios are constructed using five integrated levels of risk management and designed around a different targeted time, risk and return objectives. TAG's portfolios utilize a "fund of funds" strategy, investing in exchange traded products, representing various asset classes versus the more traditional use of individual stocks and bonds.

While the number and weighting of asset classes in the portfolios vary according to their objectives, all portfolios are consistent in their TAG thematic diversification.

WHY ETFs?

Basket of securities / replicates an index
Broad diversification / replicates a mutual fund
Real time trading / trades like a stock
Tax efficient
Cost effective