Multi Asset

Flexible and dynamic multi asset strategy designed to deliver attractive absolute and risk-adjusted returns


The Multi Asset strategy has the full flexibility to invest across the breadth of opportunities generated by Guggenheim’s $204 billion* investment platform. The strategy seeks to deliver attractive absolute returns while reducing volatility and drawdowns over full market cycles. The strategy seeks to invest across the full spectrum of the fixed income markets and tactically allocates to equities and alternatives as changing market conditions generate undervalued investment opportunities.

Opportunistic Positioning

The Multi Asset strategy employs a flexible, dynamic investment approach designed to incorporate Guggenheim’s rigorous bottom-up security research and extensive macroeconomic insight.

Our fixed income investment professionals use a fundamental credit-intensive research process that incorporates our deep knowledge of security types, industries, structures, and issuers.

We invest across the full spectrum of the fixed income market, including asset-backed securities, investment grade and high yield corporates, bank loans, residential and commercial mortgage-backed securities, and municipals. Many of the securities we research are complex and underfollowed by other market participants.

To capitalize on inefficiencies across different markets and align the strategy’s positioning with our macroeconomic and capital markets views, we use a combination of common stocks, ETFs, and derivatives to gain long and/or short exposure to equities and alternatives across global markets.

Derivative instruments are also used to provide downside protection or take advantage of specific market events like changing interest rates and credit spreads.

Solution for Current Environment

Currently, yields for traditional fixed income securities are at historically low levels while many investors are concerned about interest rate volatility and equity valuations. Combining rigorous bottom-up research in underfollowed fixed income segments with the opportunistic use of equities and alternatives enables the strategy to deliver attractive absolute and risk-adjusted returns with a high current yield in this challenging market environment.

Strong Track Record**

 

Multi Asset Net Returns

7.9% per annum since 2007 inception


Related Alternative Strategies


Key Investment Professionals

James Michal

Portfolio Manager

Jayson Flowers

Portfolio Manager


Contact Us

Contact Guggenheim Investments for more information about this strategy or to learn more about our capabilities.

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Important Disclosures

**As of 03.31.2016. Net returns are calculated by reducing gross returns with a model fee that includes 1) the greater of a) the highest management fee charged to an account in the Composite or b) the highest tier of the current management fee schedule, and 2) estimated performance fees where applicable.

Past performance is not a guarantee of future results. Investing involves risk, including the possible loss of principal. There is no guarantee that any investment strategy will achieve its investment objectives or is suitable for all investors. Diversification does not ensure profit nor protect against loss. Every asset class is subject to various risks that affect their performance in different market cycles. Fixed income investments are subject to certain risks including market, interest-rate, issuer, credit, and inflation risk. Equity investments are subject to market risk or the risk of loss due to adverse company and industry news, or general economic decline. Alternative investments are subject to market risk, currency risk, foreign investment risks, liquidity risks, higher fees and expenses, regulatory restrictions, and volatility due to speculative trading and use of leverage.




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Guggenheim Investments represents the following affiliated investment management businesses: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Real Estate, LLC, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.