WEGENER, LLC’s Adaptive Asset Management approach gives you the opportunity to position your portfolio for growth even during turbulent market environments. This is accomplished by adapting your asset allocation to the market environment as it changes.
Our approach enables you to confidently work towards your financial goals, whether it is saving for your child's college education, saving for your own retirement or ensuring your assets endure throughout your retirement.
Below is an overview of the approach. Click on any heading for more details on that topic.
For a complete in depth look at WEGENER, LLC’s Adaptive Asset Management please click the Approach button.
Investors seeking long term investment returns.
Investors seeking protection of capital during turbulent market environments.
Believes the risk and returns from asset classes (e.g., stocks, bonds, cash and cash equivalents) change dramatically over time.
Monitors each asset's environment (i.e., risk and return).
Adapts based on these observations.
Does not forecast future asset prices.
|Approach||What does it mean?||Strength(s)||Weakness(es)
(Recent Periods of Poor Performance**)
Adaptive Asset Management
|Allocates assets based on market conditions.||
Maximizes investment during strong stock markets.
Protects investment during weak stock markets.
|Dependent on portfolio manager's ability.|
100% Stock Allocation
(Buy and Hold)
|Buys and holds only stocks||Uses the asset class with the highest historical return.||
Suffers when the Stock Market goes through prolonged periods of poor returns.
(Early 2000s. 1966-1982.)
Strategic Asset Allocation
|Uses fixed allocation of assets (e.g., stocks, bonds, etc.)||
Simple to implement
Limits potential losses.
Does not maximize investment during strong stock markets.
Reduces potential return.
(1995-2000. Varies based on stock allocation.)
|Ad Hoc Asset Allocation||Allocates assets based on gut feeling.||Flexible.||
Tends to follow fads.
Dependent on portfolio manger's ability.
(Varies by manager.)
|Tactical Asset Allocation||Deviates slightly from a benchmark asset allocation based on market conditions.||Attempts to adapt to market conditions.||
Still does not maximize investment during strong stock markets
Does not protect assets during weak stock markets.
(Varies by manager.)
* The descriptions below are simply summaries of such investment strategies and are not intended to reflect the precise strategy of any particular manager or fund.
** The periods of poor performance are based on an analysis, dating back to 1966, of each approach's magnitude of losses and duration of poor relative performance compared to broad-based stock market indexes (e.g., S&P 500) or cash.
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