Thank you for your interest in the Sierra Core Retirement Fund.
The Core Fund is a new "fund of funds" geared toward retirees as well as other
conservative investors, with two goals:
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To protect your capital – and your peace of mind – by attempting to limit
volatility and downside risk, and specifically attempting to limit drawdowns
(periods of decline in the Core Fund’s Net Asset Value) to 4% or less, even
in a month or quarter in which the stock market is very negative.
-
To produce satisfying Total Returns (dividend yield and capital gain distributions,
plus-or-minus change in Net Asset Value), with a goal to exceed
8% per year Total Return as a multi-year average.
As you know, there can be no assurance that these goals can be met, especially
in the short term. There will be some down months, and some down
quarters – and we cannot rule out the possibility of a down year. The past performance
that the Portfolio Managers have achieved on private accounts as
shown on page 13 of the Prospectus is no guarantee that future results will be
as good.
The Core Fund is managed by a team with over 20 years of experience in managing
private accounts in a similar style. The Core Fund invests in a very wide
range of Asset Classes to create an unusually diversified portfolio, most of the
time with only moderate correlation with the S&P 500.
Click here for pie chart
to view our recent allocation among investment categories. Mutual funds are
the vehicles through which we will participate in most Asset Classes, and
Exchange Traded Funds (ETFs) will be used for minor parts of the portfolio.
The investment strategies, goals and risks of the Core Fund are detailed in the
Prospectus
and on other pages of this website. Please review the Prospectus
carefully before investing. You can also view and download our
Statement of Additional Information
and account applications.
If you have questions or need more information, please drop us a note here.
We look forward to a long and beneficial relationship with you.
David C. Wright
Portfolio Manager
Kenneth L. Sleeper
Portfolio Manager
Frank A Barbera Jr.
Director of Marketing