Send a Message

[contact-form-7 id="2362" title="Send a Message"]

How Some Managers Walk the Line: Analyzing Linear Regressions of Active & Passive Funds

How Some Managers Walk the Line Download Here   Analyzing Linear Regressions of Active & Passive Funds In a recent Swan blog post, we explored how the active-vs-passive debate misses the point by failing [...]

By | 2017-10-16T14:54:04+00:00 October 12th, 2017|Blog|Comments Off on How Some Managers Walk the Line: Analyzing Linear Regressions of Active & Passive Funds

Waiting Can Cost You: The Importance of Remaining Always Invested

Waiting Can Cost You Download PDF   The Importance of Remaining Always Invested Everyone is familiar with the concept of “fashionably late”: intentionally arriving late to an event in order to impress the other [...]

By | 2017-09-21T15:58:55+00:00 September 21st, 2017|Blog|Comments Off on Waiting Can Cost You: The Importance of Remaining Always Invested

DRS vs. VIX Strategies — Strategy Comparison Series

DRS vs. VIX Strategies - Strategy Comparison Series Download PDF VIX Strategies – Easy as It Sounds? As part of an ongoing series trying to make sense of the broad, catch-all category called “liquid [...]

By | 2017-08-31T08:50:26+00:00 August 30th, 2017|Blog|Comments Off on DRS vs. VIX Strategies — Strategy Comparison Series

As the World Turns: Applying A Defined Risk Strategy to Foreign Developed Markets ETFs

As the World Turns: Applying a Defined Risk Strategy to Foreign Developed Markets ETFs Download PDF     The World Spins Madly On Let’s turn back the calendar a year and remember where we [...]

By | 2017-09-20T16:08:00+00:00 August 17th, 2017|Blog|Comments Off on As the World Turns: Applying A Defined Risk Strategy to Foreign Developed Markets ETFs

Mind the Gap: Premium Collection in a Low Volatility Environment

Volatility levels, commonly measured by the VIX or 'fear gauge', are near all-time lows. How does this affect option premium collection trades? Can they work in such an environment? We explore all of that and more in this detailed post.

By | 2017-08-23T12:02:15+00:00 August 1st, 2017|Blog|Comments Off on Mind the Gap: Premium Collection in a Low Volatility Environment

Active vs. Passive? It Doesn’t Matter.

The debate over Active vs. Passive investment management has been raging for some time, but does it miss the point? We explore how focusing on one or the other type of approach fails to address the elephant in the room that ultimately plagues investors: systematic risk.

By | 2017-09-21T14:42:26+00:00 July 18th, 2017|Blog|Comments Off on Active vs. Passive? It Doesn’t Matter.

Reflecting on a 20-Year Track Record of Defining Risk

Reflecting on a 20-Year Track Record of Defining Risk Download PDF   20/20 Vision Quick - where were you 20 years ago? Allow me to provide some context. In the spring, “Wannabe” by The [...]

By | 2017-08-21T09:46:18+00:00 July 11th, 2017|Blog|Comments Off on Reflecting on a 20-Year Track Record of Defining Risk

Fixing Fixed Income: Systematic Withdrawals

Low yields make generating income in retirement more difficult. However, an investment strategy that can minimize large losses and generate consistent returns over market cycles may sustain systematic withdrawals. See how the DRS can serve as a source of retirement cash flow.

By | 2017-08-17T16:55:24+00:00 June 29th, 2017|Blog|Comments Off on Fixing Fixed Income: Systematic Withdrawals

Does Fixed Income Need Fixing?

Traditionally, bonds have played two roles within a portfolio: income and capital preservation. However, the worldwide “new normal” monetary policy of ultra-low or even negative interest rates and massive liquidity injections into the financial system has parched savers of yield (income). So, is 'fixed income' broken? Does it need fixing?

By | 2017-08-21T09:53:40+00:00 June 22nd, 2017|Blog|Comments Off on Does Fixed Income Need Fixing?

Where the DRS Fits: The Case for the DRS as a Core Equity Solution

Where the DRS Fits: The Case for the DRS as a Core Equity Solution Download PDF   How the DRS Can Function as a Core Equity Position Although the DRS was originally designed to [...]

By | 2017-08-17T17:01:19+00:00 June 5th, 2017|Blog|Comments Off on Where the DRS Fits: The Case for the DRS as a Core Equity Solution

Where the DRS Fits: The Case for the DRS as a Total Portfolio Solution

This post continues the 'Where the DRS Fits' series, exploring how the Swan DRS can serve as a total portfolio solution, as designed by founder Randy Swan.

By | 2017-08-17T17:00:27+00:00 May 26th, 2017|Blog|Comments Off on Where the DRS Fits: The Case for the DRS as a Total Portfolio Solution

Passive vs Active — Losing the Forest for the Trees

By now the arguments for and against picking stocks and indexing are well documented. At Swan Global Investments, our take on the whole passive-versus-active debate is a bit different. It doesn’t matter. Active or passive: it doesn’t matter. Dive into this engaging paper to learn why, and more importantly discover what may be overlooked in the broader passive vs. active debate.

By | 2017-08-08T12:04:29+00:00 April 24th, 2017|DOCUMENTS, Research|Comments Off on Passive vs Active — Losing the Forest for the Trees

DRS vs. Managed Futures — Strategy Comparison Series

Examine the differences between the goals, track records and drivers of success between the Swan DRS and covered call strategies.

By | 2017-08-17T17:07:56+00:00 April 17th, 2017|Blog|Comments Off on DRS vs. Managed Futures — Strategy Comparison Series

DRS vs. Covered Call Strategies — Strategy Comparison Series

Examine the differences between the goals, track records and drivers of success between the Swan DRS and covered call strategies.

By | 2017-08-21T11:58:45+00:00 April 4th, 2017|Blog|Comments Off on DRS vs. Covered Call Strategies — Strategy Comparison Series

DRS vs. Liquid Alternatives — Strategy Comparison Series

Examine the differences between the goals, track records and drivers of success between the Swan DRS and liquid alternative strategies.

By | 2017-08-17T17:12:41+00:00 March 2nd, 2017|Blog|Comments Off on DRS vs. Liquid Alternatives — Strategy Comparison Series

Where Does Hedged Equity Fit?

"So where does the DRS fit in a portfolio?" We field this question often. Simple, yet effective investment approach behind the the Defined Risk Strategy (DRS) appeals to many as it can serve different roles within a portfolio. This paper dives into the DRS allocation question, examines the impacts of adding the DRS in incrementally larger proportions to an existing balanced portfolio and analyzes the impact on portfolio risk and return metrics, as well as, examines the various ways the DRS can fit in a portfolio to accomplish various goals.

By | 2017-08-08T12:04:29+00:00 February 20th, 2017|DOCUMENTS, Research|Comments Off on Where Does Hedged Equity Fit?

Asset Allocation Strategies

By definition, systematic risk cannot be diversified away. Therefore, at Swan, we believe if you can't diversify away systematic risk, you must hedge it away. The goal of this study is to show how hedged equity, through an investment vehicle such as the Defined Risk Strategy, can be superior to traditional asset allocation or help enhance it.

By | 2017-09-21T14:49:29+00:00 February 17th, 2017|DOCUMENTS, Research|Comments Off on Asset Allocation Strategies

Swan DRS Investor Brochure

Investor Brochure - Swan Defined Risk Strategy (DRS) Investors begin with certain investment goals in mind. But in the face of unique and numerous investment challenges, many investors are increasingly uncertain if they can achieve their goals. Dual [...]

By | 2017-08-08T12:04:42+00:00 December 31st, 2016|DOCUMENTS, Performance|Comments Off on Swan DRS Investor Brochure

Swan DRS 1-Page Brochure

1-Page Brochure - Swan Defined Risk Strategy (DRS) What keeps you up a night? Investors face a rock and hard place scenario with bonds and stocks: A rise in interest rates are bad news for bonds, [...]

By | 2017-08-08T12:04:42+00:00 December 15th, 2016|DOCUMENTS, Performance|Comments Off on Swan DRS 1-Page Brochure

The Importance of Distribution of Returns

When Normal isn't Good. Do you really want to achieve 'market returns'? Actual market returns over time often do not fit a nice, clean, symmetric layout of a 'normal distribution' curve. As such, investors may not realize that striving for market returns might not be in their best interests over time. However, narrowing their distribution of returns is!

By | 2017-08-21T13:14:42+00:00 December 1st, 2016|Blog|Comments Off on The Importance of Distribution of Returns

Simple, Straight Talk on Put Options

Hedging Your Bets - Conventional wisdom suggests that “hedging your bets” is prudent. This is especially true in situations where the biggest risks lie outside your control. Considering stock markets are trading near all-time highs, investors might wonder how to “hedge your bets” in their portfolios.

By | 2017-08-21T14:19:47+00:00 November 17th, 2016|Blog|Comments Off on Simple, Straight Talk on Put Options

The Elephant in the Room: Systematic Risk

Virtually every portfolio manager claims to invest in a risk-controlled manner. However, investors looking at their monthly statements during the credit crisis of 2007-08 were probably wondering what happened to those risk controls as their wealth plummeted. How were these losses possible? One explanation is that there are different ways to think of and define risk.

By | 2017-08-21T15:14:08+00:00 October 15th, 2016|Blog|Comments Off on The Elephant in the Room: Systematic Risk

DRS vs. Tactical Asset Allocation -Strategy Comparison Series

Examine the differences between the goals, track records and drivers of success between the Swan DRS and tactical asset allocation strategies.

By | 2017-08-21T15:27:19+00:00 September 13th, 2016|Blog|Comments Off on DRS vs. Tactical Asset Allocation -Strategy Comparison Series

Growth Creates Growth: Applying the Power of Compound Growth

Albert Einstein supposedly once said that the most powerful force in the universe is compound interest. Naturally investors seek compound growth, but often fail to capture it’s full benefit.

By | 2017-08-21T15:50:45+00:00 June 28th, 2016|Blog|Comments Off on Growth Creates Growth: Applying the Power of Compound Growth

Math Matters: Rethinking Investment Returns & How Math Impacts Results (full version)

Do investors really understand the math behind investment returns? There are a lot of misconceptions amongst investors as it relates to equity investment returns, hedged equity returns, and the math behind them. The goal of this paper is to explain the 4 mathematical principles the drive investment returns, demonstrate how a hedged equity strategy can leverage all 4 in the investor's favor, and support the usage of a hedged equity approach over other traditional equity approaches for long-term investment growth.

By | 2017-08-08T12:04:44+00:00 June 7th, 2016|Research, Uncategorized|Comments Off on Math Matters: Rethinking Investment Returns & How Math Impacts Results (full version)

Capturing the American Dynamism in US Small Cap Equity ETFs

Capturing the American Dynamism in US Small Cap Equity ETFs Download PDF   Early Mover Advantage in Small Cap Equities “Families are always rising and falling in America.” - Nathaniel Hawthorne, The House of Seven [...]

By | 2017-09-20T16:10:28+00:00 March 29th, 2016|Blog|Comments Off on Capturing the American Dynamism in US Small Cap Equity ETFs

Changing the Game in Emerging Markets Investing

Changing the Game in Emerging Markets Investing Download PDF   Investing in a Volatile Asset Class In a world of low yields and sluggish growth in most of the developed world, many consider emerging [...]

By | 2017-08-24T10:05:56+00:00 February 24th, 2016|Blog|Comments Off on Changing the Game in Emerging Markets Investing

A Sideways Market for U.S. Stocks: Déjà vu All Over Again?

A Sideways Market for U.S. Stocks: Déjà vu All Over Again? Download PDF   Examining Sideways Market Conditions and Investment Strategies Haven’t we seen this before? A well-circulated chart made its way around the [...]

By | 2017-08-21T17:00:36+00:00 January 6th, 2016|Blog|Comments Off on A Sideways Market for U.S. Stocks: Déjà vu All Over Again?

Is Your Portfolio Suffering from Withdrawals?

Is Your Portfolio Suffering from Withdrawals? Download PDF   When analyzing the performance of money managers, the industry standard assumes a single investment is made at the start of a period and that no [...]

By | 2017-08-24T11:02:17+00:00 November 19th, 2015|Blog|Comments Off on Is Your Portfolio Suffering from Withdrawals?

Seeking Consistent Outcomes

Seeking Consistent Outcomes Most financial plans assume a consistent return. As you can see in this download, over time the S&P 500 Index has proven to be far from consistent. By minimizing negative surprises [...]

By | 2017-08-24T11:09:00+00:00 October 20th, 2015|DOCUMENTS, DRS Solutions|Comments Off on Seeking Consistent Outcomes

Investing for Income

The #1 fear of retirees is running out of income during retirement. Low yields have eroded income and if rates rise the capital preservation role of bonds will be severely challenged. Addressing the Distribution Conundrum with the Swan Defined Risk Strategy.

By | 2017-08-24T11:19:58+00:00 October 2nd, 2015|DOCUMENTS, DRS Solutions|Comments Off on Investing for Income

The Retirement Conundrum: Untying the Gordian Knot (full version)

Investors entering retirement face an array of unique challenges that collectively seem daunting, a real Retirement Conundrum. The importance of having intelligent, forward-thinking financial advisors directly solving this situation is more important than ever. One-click solutions like target date funds or robo-advisors will not solve the retirement conundrum. Following the same cookie-cutter, 60/40 solutions outlined in textbooks will not solve the retirement problem. At Swan, we believe that only bold, forward-thinking solutions that directly address the biggest risks to the retired baby boomers will solve the problem - like the legend of Alexander the Great cleaving the Gordian Knot.

By | 2017-08-08T12:04:46+00:00 September 26th, 2015|Research, Uncategorized|Comments Off on The Retirement Conundrum: Untying the Gordian Knot (full version)

Summer Squall or the Start of Hurricane Season?

Summer Squall or the Start of Hurricane Season? Long Term Strategy Designed to Weather the Big Storms Following the sharp drawdown of August 20-25, the market has hovered around correction levels, defined as a drop-off of more [...]

By | 2017-08-24T11:33:59+00:00 September 1st, 2015|Blog|Comments Off on Summer Squall or the Start of Hurricane Season?

The Future of Fixed Income and Capital Preservation

The Future of Fixed Income and Capital Preservation Download PDF   Can Fixed Income Continue to Provide Both Income and Capital Preservation? Fixed income investments historically served a dual role in a portfolio, to provide [...]

By | 2017-11-15T13:22:57+00:00 July 1st, 2015|Blog|Comments Off on The Future of Fixed Income and Capital Preservation

Unique Approach to Hedging Emerging Market Currencies

Emerging Market Currencies - To Hedge or Not to Hedge? At Swan Global Investments we are quite excited about the prospects of our newest investment offering, the Swan Defined Risk placed on Emerging Markets (EM). [...]

By | 2017-08-24T12:59:22+00:00 May 14th, 2015|Blog|Comments Off on Unique Approach to Hedging Emerging Market Currencies

The DRS: A Full Market Cycle Strategy

White paper - The Defined Risk Strategy - A Full Market Cycle Strategy (full version) Download White Paper Investment Strategy for the Long-Term Investor Long-term investing means investors will experience full market [...]

By | 2017-08-08T12:04:48+00:00 March 24th, 2013|Research, Uncategorized|Comments Off on The DRS: A Full Market Cycle Strategy