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The information contained herein should not be construed as financial or investment advice on any subject matter. Some of the information included on this site has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed. Beaumont is not affiliated with any third parties listed on the site unless otherwise specified.
All index, statistical and return information contained herein was provided by Bloomberg, PSN and Morningstar. An investment cannot be made directly in an index.
The BCM DynamicBelay Funds are collective investment funds (CIFs) created by the Hand Composite Employee Benefit Trust and sponsored by Hand Benefits & Trust Company, a BPAS company. The CIFs invest in the strategies of Beaumont Capital Management which serves as the sub-advisor.
Each collective investment fund is available for investment by eligible qualified retirement plan trusts only and has been created specifically for 401(k) and other employer-sponsored retirement plan investors. Plan sponsors and participants should consider the Fund’s investment objective, risks, time horizon, charges and expenses carefully before investing. The participants’ risk tolerance and financial circumstances should also be considered.
The CIF is not a mutual fund. Its shares are not deposits of Hand Benefits & Trust Company, a BPAS company, or Beaumont Capital Management (BCM), and are not insured by the Federal Deposit Insurance Corporation or any other agency. The CIF is a security which has not been registered under the Securities Act of 1933 and is exempt from investment company registration under the Investment Act of 1940.
As market conditions fluctuate, the investment return and principal value of any investment will change. Diversification may not protect against market risk. There are risks involved with investing, including possible loss of principal. Before investing in any investment portfolio, the client and the financial professional should carefully consider client investment objectives, time horizon, risk tolerance, and fees. Participants and beneficiaries on whose behalf assets are invested in a QDIA have the right to direct the investment to any other investment alternative under the plan, subject to any fees or limitation that may apply to such transfer under the plan.
As with all investments, there are associated inherent risks including loss of principal. Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Sector and factor investments may concentrate in a particular industry and the investments’ performance could depend heavily on the performance of that industry and be more volatile than the performance of less concentrated investment options. Smaller companies may have no or relatively short operating histories or be newly public companies. Some of these companies have aggressive capital structures, including high debt levels, or are involved in rapidly growing or changing industries and/or new technologies, which pose additional risks. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets. Fixed income investments are subject to inflationary, credit, market and interest rate risks.
Not all tax consequences can be avoided.
ETFs are not typically actively managed, trade like stocks and are subject to investment volatility and the potential for loss. Some actively managed ETFs may be used such as AlphaDEX®, which uses a proprietary methodology for the construction of their portfolios. The principal amounts invested in ETFs are not protected, guaranteed or insured. An Exchange Traded Fund (ETF) is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold.
From inception to July 2016, investment decisions for applicable BCM strategies were based on the Financials and REIT sectors being combined into one. Due to index changes, these two sectors may be considered separately going forward, with a representative ETF used for each. All strategies’ objectives and goals remain the same.
In March 2014 BCM changed the name of several strategies. BCM AlphaDEX U.S. Sector Rotation was previously named BCM AlphaDEX Sector Premium IDX; BCM Diversified Equity was previously named BCM Diversified Equity Premium; BCM Diversified Equity (Monthly) was previously named BCM Diversified Equity; BCM Growth was previously named BCM Growth Premium; BCM Growth (Monthly) was previously named BCM Growth; BCM Moderate Growth was previously named BCM Moderate Growth Premium; BCM Moderate Growth (Monthly) was previously named BCM Moderate Growth; BCM Global Sector Rotation was previously named BCM Sector Global Premium IDX; BCM U.S. Sector Rotation was previously named BCM Sector Premium IDX; BCM U.S. Sector Rotation (Monthly) was previously named BCM Sector Rotation IDX.
The target allocations shown are buy targets only. Actual allocations may grow much larger if no sell signal is generated. Cash levels are estimated to be ~2% even when a model is “fully” invested and can be allocated to an alternative such as a money market or short duration (up to a 1-3 year) bond ETF. “Nuisance” trades, typically less than $500.00 or 0.25% of the account may not be completed if, at the sole discretion of BCM, they do not warrant incurring the trading costs.
Factor investments concentrate in a particular industry and the investments’ performance could depend heavily on the performance of that industry and be more volatile than the performance of less concentrated investment options and the market as a whole.
The inception date of the BCM Paradigm U.S. Factor Selection strategy was June 1, 2015. Prior to October 2017, it was known as BCM Paradigm Tactical Factor Selector and prior to June 2016 it was known as Broadmeadow Tactical US Factor Selector. The inception date of the BCM Paradigm U.S. Fixed Income strategy was October 1, 2015. Prior to October 2017 it was known as BCM Paradigm Tactical Fixed Income and prior to June 15, 2016 it was known as Broadmeadow Tactical US Fixed Income Selector. The portfolio manager and strategy methodology, risks, and goals have not changed since inception. The strategies are designed to identify and differentiate normal periods of investor behavior from more volatile periods, seeking adjusted risk returns.
The BCM investment strategies may not be appropriate for everyone. Due to the periodic rebalancing nature of our strategies, they are not appropriate for those investors who desire regular or frequent withdrawals.
The portfolio manager maintains full discretion for all BCM strategies.
Beaumont Capital Management (BCM) is a separate division of Beaumont Financial Partners, LLC, an SEC registered investment advisor. BCM offers tactical, defensively-oriented strategies using long only ETFs across multiple asset classes with domestic, international and global exposure.
Beaumont Capital Management (BCM) claims compliance with the Global Investment Performance Standards (GIPS®).
To obtain a GIPS® compliance presentation, or the composite descriptions for our strategies, contact us through any of the following channels and the information will be sent to you: (P) (888) 777-0535, (F) (781) 237-7179, email@example.com or by mail to the address provided.
A portion of Beaumont’s management fee is paid to the principals of Algorithmic Investment Models, LLC (AIM) as a licensing fee for model portfolios they provide for applicable strategies. AIM is an affiliate of Beaumont Financial Partners, LLC.
“S&P 500®”, “S&P Small Cap 600®” and “S&P Global ex-U.S. BMI®” are the registered mark of Standard & Poor’s Financial Services, LLC, a part of S&P Global Inc. All index names of the Barclays indices are trademarks of Barclays Bank PLC.; “MSCI” is the trademark of MSCI Inc. and/or its subsidiaries.
This site contains links to third party articles hosted on a website that is unaffiliated with Beaumont Capital Management. Unless identified as a Beaumont Capital Management press release, we have not been involved in the preparation of the content supplied at the unaffiliated sites and cannot guarantee the accuracy or assume any responsibility for its content. An associate of Beaumont Capital Management may have contributed content via interview; however we are not responsible if information has been misstated or changed.
This material is provided for informational purposes only and does not in any sense constitute a solicitation or offer for the purchase or sale of securities nor does it constitute investment advice for any person. The material may contain forward or backward-looking statements regarding intent, beliefs regarding current or past expectations. The views expressed are also subject to change based on market and other conditions.
DALBAR disclosure from Philosophy web page: Quantitative Analysis of Investor Behavior (QAIB), 2016, DALBAR, Inc. www.dalbar.com. Returns are for the period January 1, 1986 through December 31, 2015. The QAIB uses data from the Investment Company Institute (ICI), Standard & Poor’s, Barclays Capital Index Products and proprietary sources to compare mutual fund investor returns to an appropriate set of benchmarks. Investor returns are represented by the change in total mutual fund assets after excluding sales charges and costs, but do captures realized and unrealized capital gains, dividends, interest, trading costs, sales charges, fees, expenses and any other costs. After calculating investor returns in dollar terms, two percentages are calculated for the period examined: Total investor return rate and annualized investor return rate. Total return rate is determined by calculating the investor return dollars as a percentage of the net of the sales, redemptions and exchanges for each period.
Social Media Disclosure:
Information posted on the Beaumont Capital Management (“BCM”) social media sites (“Sites”) should not be construed as a recommendation, an offer to buy any securities or as investment advice. If you are investing in BCM strategies and have questions or concerns that are specific to your account(s), please contact your financial advisor directly. If you are not a BCM client and would like more information about the firm or its strategies, please contact us at 844-401-7699 or firstname.lastname@example.org. Any opinions, ideas, perspectives or outlooks expressed by BCM or its employees on the Sites are as of the date of publication and are subject to change. Information used on these Sites, or as a resource to create that information, may be derived from third party resources that BCM believes to be accurate and reliable, however it cannot be guaranteed. BCM’s posts to these Sites are considered communications with the public and are archived as required by the firm’s polices and applicable regulators.
The Sites may contain links to articles or other information on a third party website. BCM does not endorse the third party sites where this information is posted, nor does it accept responsibility for the accuracy or reliability of the content. BCM assumes no liability for any inaccuracy, error or exclusion of data or other information provided on the third party web site or resource. Opinions or statements posted by third parties are their own and may not be representative of BCM or the experience of others. BCM reserves the right to remove any comments, posts, third party-posted content or other content that we deem inappropriate, or that contains confidential information, profanity or illegal material. Due to the regulations prohibiting the use of testimonials by investment advisors, visitors to the BCM Sites should avoid posting positive reviews of their experiences with the firm, its personnel, principals or its services as such posts may be considered testimonials. BCM has attempted to address this by not permitting feedback or discussion items on social media platforms. BCM is not affiliated with third party Sites where our information may be posted and has no control over how LinkedIn, Facebook, Google+, Twitter or other third parties will use the information shared on the Sites. We recommend you read and understand the privacy policies and terms of service for each social media site which you frequent and understand how information can be displayed and used throughout the Sites, as well as other third-party sites that may be linked to them.
Exchange Traded Fund (ETF) — A security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold.
Stock — type of security that signifies ownership in a corporation, and represents a claim on part of the corporation’s assets and earnings. There are two main types of stock: common and preferred. Common stock usually entitles the owner to vote at shareholders’ meetings and to receive dividends. Preferred stock generally does not have voting rights, but has a higher claim on assets and earnings than the common shares.
Bond — A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used by companies, municipalities, states and U.S. and foreign governments to finance a variety of projects and activities. Bonds are commonly referred to as fixed-income securities and are one of the three main asset classes, along with stocks and cash equivalents.
Credit Risk — is the risk of default on a debt that may arise from a borrower failing to make a required payment.
Duration risk — is a measure of the sensitivity of the price of a fixed-income investment to a change in interest rates.
Standard deviation — a widely used measure of variability or diversity used in statistics and probability theory. It shows how much variation or “dispersion” exists from the average (mean, or expected value). A low standard deviation indicates that the data points tend to be very close to the mean, whereas high standard deviation indicates that the data points are spread out over a large range of values.
Beta — is a number describing the relation of its returns with those of the financial market as a whole. An asset has a Beta of zero if its returns change independently of changes in the market’s returns. A positive beta means that the asset’s returns generally follow the market’s returns, in the sense that they both tend to be above their respective averages together, or both tend to be below their respective averages together. A negative beta means that the asset’s returns generally move opposite the market’s returns: one will tend to be above its average when the other is below its average.
Alpha — a risk-adjusted measure of the so-called active return on an investment. It is the return in excess of the compensation for the risk borne, and thus commonly used to assess active managers’ performances.
R2 — used in the context of statistical models whose main purpose is the prediction of future outcomes on the basis of other related information. It is the proportion of variability in a data set that is accounted for by the statistical model. It provides a measure of how well future outcomes are likely to be predicted by the model.
Max Drawdown — The maximum peak to trough decline in monthly returns of the strategy over the given time period.
The Standard & Poor’s (S&P) 500® Index is an unmanaged index that tracks the performance of 500 widely held, large-capitalization U.S. stocks. Indices are not managed and do not incur fees or expenses. It is not possible to invest directly in an index. The S&P 500 ® is a registered trademark of Standard & Poor’s, Inc. The index was started on 1/4/1988.
The Barclay’s U.S. Aggregate Bond Index (BCAB), which used to be called the “Lehman Aggregate Bond Index,” is a broad base index and is often used to represent investment grade bonds being traded in the United States. The index was started on 1/30/1976.
The MSCI EAFE Index is a stock market index that is designed to measure the equity market performance of developed markets (Europe, Australasia, Far East), excluding the US & Canada.
MSCI US Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the US.
MSCI Europe (ex UK) Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the developed markets in Europe excluding the United Kingdom.
MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. As of May 2013 the MSCI World Index consisted of the following 24 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States.
MSCI World ex US Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. As of June 2013 the MSCI World ex US Index consisted of the following 23 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. The index was started on 12/31/1987.
MSCI Emerging Markets Index is a free float weighted equity index that covers 21 countries and represents approximately 13% of the world’s market capitalization. The index was started in 1988.
Standard & Poor’s (S&P) Small Cap 600® Index is an unmanaged index that tracks the performance of 600 widely held, small-capitalization U.S. stocks. Indices are not managed and do not incur fees or expenses.
Standard & Poor’s (S&P) Global ex-U.S. BMI® Index is an unmanaged index that tracks the performance of all companies that have at least US$100 million in float adjusted market capitalization and a value traded of at least US$50 million for the last 12 months at the time of annual reconstitution. Indices are not managed and do not incur fees or expenses.
Standard & Poor’s (S&P) Global 1200 Index is an unmanaged index that tracks the performance of 1200 largest, most liquid stocks across all countries.
FTSE Global Small Cap ex U.S. Index is a market-capitalization weighted index representing the performance of Small cap stocks in Developed and Emerging markets excluding the US. The index is derived from the FTSE Global Equity Index Series (GEIS), which covers 98% of the world’s investable market capitalization.
Dow Jones Relative Risk Indices are total-portfolio indices that allow investors to evaluate the returns on their portfolios considering the amount of risk they have taken. The family includes global and U.S. indices for five risk profiles—aggressive, moderately aggressive, moderate, moderately conservative and conservative. These profiles are defined based on incremental levels of potential risk relative to the risk of an all-stock index. Each Dow Jones Relative Risk Index is made up of composite indices representing the three major asset classes: stocks, bonds and cash and will vary depending on the risk profile. The asset class indices are weighted differently within each relative risk index to achieve the targeted risk level. The weightings are rebalanced monthly to maintain these levels. The appropriate global indices were selected based on composition and risk level compared to the BCM Decathlon strategies.