![]() If we can get people engaged, we can change lives.” Cabana’s Target Drawdown SuiteĬabana’s new suite of Target Drawdown ETFs seeks to limit downside risk and position for upside growth based on investor outlook and risk tolerance – from conservative to aggressive – and includes the following funds:Ĭabana Target Drawdown 5 (TDSA): is the most conservative of the five ETFs in the series. Mason added, “A big part of what we’re trying to do is get people to participate in investing – this beautiful thing that is an equal opportunity for everyone in the world. CARA is designed to mitigate risk by incorporating inverse and non-correlated asset classes, as well as through reallocation in response to changing macroeconomic conditions. The firm’s proprietary Cyclical Asset Reallocation Algorithm (CARA) uses a combination of fundamental and technical data to help identify the current stage of the economic cycle and allocate to assets that are deemed attractive at that point in the cycle. Mason added the reason they came to market in the ETF industry is based on personal experiences shining the light on some problems with this industry as a whole – namely how portfolios are constructed, and how they’re communicated, in addition to how risk is really defined.Ĭabana, which is one of the nation’s fastest-growing RIAs, utilizes a disciplined, rules-based strategy that seeks to manage expectations, minimize loss, and keep clients invested for long-term success. “We’ve built Cabana since 2008 with the goal of providing all of our clients, be they advisors or individuals, with rigorously tested, high-quality risk management tools, and we are thrilled to be bringing our strategies to market today in the low-cost, highly-liquid ETF wrapper.” “It also makes clear the need to ensure that any strategy being put to use has a ‘real world’ track record and is backed by an experienced team that has lived and worked through times of significant market turbulence,” Mason said. The Cabana Group CEO Chadd Mason said this year’s market environment has underscored the necessity of proper hedging, transparency, and risk mitigation as key parts of investor portfolios. There are five strategies in the initial suite of ETFs with target drawdown percentages ranging from 5% to 16%. The new funds will be seeded this week with more than $1 billion in assets across the suite, a significant asset base for a new family of products.Ĭabana Asset Management is a wholly-owned subsidiary of The Cabana Group, LLC, which is a SEC-registered investment adviser providing risk-managed investment products to investors, advisors, and institutions.īuilding on the proven track record of Cabana’s Target Drawdown Professional Series of separately managed accounts (SMAs), which are available exclusively through the firm’s financial professionals and RIA partners, the new family of Target Drawdown ETFs is built with the goal of maintaining and growing investor wealth over the long term by clearly defining risk in terms of the maximum expected percentage loss (“target drawdown”). Past performance is no guarantee of future results.Cabana Asset Management entered the ETF industry today with a splash, launching with an ETF suite worth over $1 billion in assets under management.Ĭabana has partnered with private label ETF advisor Exchange Traded Concepts (ETC) to launch the suite of Target Drawdown ETFs. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The information contained herein: (1) is proprietary to Morningstar and/or its content providers (2) may not be copied or distributed and (3) is not warranted to be accurate, complete, or timely. leverage) exist between the Cabana Black and the Portfolios, which will materially impact performance. While sharing foundation, inherent differences (e.g. It is not intended to be nor should it be construed to be a performance comparison. ![]() Reference to Cabana’s Target Drawdown Series of Portfolios (the “Portfolios”) is provided solely for the purpose of explaining the foundation of the Cabana Black strategy. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. ![]() The firm only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. (“Cabana Black”) and should be considered only in conjunction with the private offering memorandum, the agreement of limited partnership, and the subscription documents of Cabana Black all of which are available upon request, and should be considered as a whole, in making the investment decision. It is not a recommendation, offer or solicitation to buy or sell any securities of or any interest in Cabana Black Fund, L.P. This material is for informational purposes only.
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