Lyons Wealth Management presents Good Harbor Financial, a firm focused on innovative asset management programs. The Good Harbor Financial philosophy is that disciplined, model-driven investment approaches generate enhanced risk-adjusted returns.
When an investment strategy is expressed in model form, it can be researched, back-tested and verified. This provides a rich data set for return and risk management analysis. Through this process the firm has developed the Good Harbor Strategy, a tactical allocation model offered through Lyons Wealth Management.
GOOD HARBOR™
| 2003* | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 (thru 12/31) |
APR** | |
| Good Harbor Strategy | 34.85% | 16.35% | -2.49% | 12.03% | 0.87% | 1.11% | 49.14% | 11.8% | 12.91% | 14.74% |
| S&P 500 Total Return Index | 28.68% | 10.88% | 4.91% | 15.79% | 5.49% | -37.00% | 26.46% | 15.06% | 2.11% | 5.82% |
* – Data are not annualized
** – Annualized rate-of-return for period 4/30/2003-12/31/2011
Good Harbor’s trading philosophy drives our strategy development. We utilize disciplined, model-driven approaches to enhance returns. Our research establishes investment strategies with economic and statistical underpinnings. Through detailed analysis, we quantify and validate our strategies and seek to identify stable and persistent statistical relationships. Prior to deployment, our fund approaches withstand stringent criteria for parameter stability, low volatility and attractive return expectations.
The Good Harbor Tactical Allocation strategy is the culmination of a decade of research using over 100 years of market data. The strategy provides a buy-and-hold alternative, yielding cost-effective market exposure with the capacity to take a defensive posture in adverse market conditions.
Download The Good Harbor Brochure in PDF format.
Download "December Commentary" in PDF format.
Download Good Harbor Wrap Performance Numbers in PDF format.
Download Good Harbor Core Performance Numbers in PDF format.
Neil R. Peplinski – Managing Partner
Former portfolio manager for Allstate Investments overseeing $400 million portfolio of collateralized debt obligations.
Founder of Good Harbor Financial, LLC.
MBA from the University of Chicago Graduate School of Business
MSEE in Electromagnetics from The University of Michigan, BSEE in Electromagnetics from Michigan Technological University
Paul R. Ingersoll – Managing Partner
Co-founder NES – Business Services company grown from start-up to over $700 Million in revenue (IPO 1998)
15 years operating and finance experience with private equity-backed companies
MBA with honors from the University of Chicago Graduate School of Business
BS in Economics and French from The University of Michigan
The data contained herein are presented for informational purposes only. This report is not an offer to buy or sell any securities or to adopt any investment strategy. Past performance is no indication of future performance. Lyons Wealth Management, (the firm) believes that this report provides a fair and accurate portrayal of the information being provided, subject to the warnings included in this disclaimer; however, the firm does not provide any assurances as to the reliability of such information and you should not rely on this information when making an investment decision. The Good Harbor performance figures are net-of-fees and represent a composite of time-weighted returns from all accounts managed to this strategy. Monthly returns are asset-weighted according to beginning period balances, and accounts are included in the composite starting with the first full month under management. All Data provided is Net-of-fees.
Good Harbor Financial, LLC. (“GHF”) is an independent registered investment adviser and not affiliated with LWM. The Good Harbor tactical asset allocation strategy is one of several strategies managed by Good Harbor Financial. The performance data shown is the performance of a composite of all fully discretionary accounts in the Good Harbor Tactical Allocation strategy. The performance discussed herein does not represent the performance of any account managed by LWM. All performance information contained in this document is based on information provided by GHF. LWM has not independently verified the information and does not represent that it is accurate or complete, and it should not be relied upon as such
The performance for Good Harbor are not the performance returns for the Overlay Trading Strategy and Enhanced Return Portfolio, and should not be considered indicative of the past or future performance of any of these strategies. The Overlay Trading Strategy and Enhanced Return Portfolio are managed in a manner that differs from Good Harbor Tactical Allocation strategy. LWM registered as an investment adviser in 2009, and therefore was not managing client assets during a significant portion of the time period illustrated.
Performance results for the Good Harbor U.S. Tactical Core Strategy are presented in U.S. dollars and are gross of management fees, net of trading expenses and reflect the reinvestment of dividends and capital gains. Adjustments for the effects of taxation and/or management fees would reduce the performance quoted. No current or prospective client should assume future performance of any specific investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals may cause the performance results of your portfolio to differ materially from the reported composite performance.
Economic factors, market conditions, and investment strategies will affect the performance of any portfolio and there are no assurances that it will match or outperform any particular benchmark. Portfolios in the composite utilize levered index products (i.e. leveraged mutual funds or leveraged ETFs).
The performance results have been compared to Standard & Poors 500 Index (“S&P 500”), which includes a basket of 500 stocks that are considered to be widely held. The S&P 500 is a broad-based unmanaged stock index, including reinvestment of dividends, which cannot be purchased directly by investors. It is weighted by market value, and its performance is thought to be representative of the stock market as a whole. The index selects its companies based upon their market size, liquidity, and sector. The volatility of the S&P 500 Index may be materially different from that of the performance composite. In addition, the composite’s holdings may differ significantly from the securities that comprise the S&P 500 Index. The S&P 500 Index has not been selected to represent an appropriate benchmark to compare the composite’s performance, but rather is disclosed to allow for comparison of the composite’s performance to that of well-known and widely recognized index.
Good Harbor Financial claims compliance with the Global Investment Performance Standards (GIPS®). To receive a complete list and description of the firm’s composites and/or a presentation that adheres to the GIPS® standards, please contact your Lyons Wealth representative.