Domestic Equity1 FUND
The ALETHEA Domestic Equity Fund is an actively managed long-only strategy comprising 25-30 securities on average. The Fund seeks to exceed the total return of the S&P 500 Index by a minimum of 3.00% net-of-fees on an annualized basis over a three year time horizon.
Global/International Equity2 FUNDS
The ALETHEA Global Equity Fund is an actively managed long-only strategy comprising 25-30 securities on average. The Fund seeks to exceed the total return of the MSCI ACWI Index by a minimum of 3.00% net-of-fees on an annualized basis over a three year time horizon.
Strategy launch date TBD
ALETHEA Global Macro Fund is an actively managed liquid alternative strategy. The Fund seeks an absolute return of CPI + 4% on an annualized basis over a full business cycle.
US Market Neutral
The ALETHEA Domestic Market Neutral Fund is an actively managed beta neutral strategy comprising 25-30 long securities on average while shorting the underlying S&P 500 Index. The Fund seeks to minimize overall U.S. equity market risk and achieve an absolute return on an annualized basis.
* All performance figures are net of management fees; potential negotiable performance fees, trailer fees, and custodial commissions are not taken into consideration. Performance figures include the reinvestment of dividends and other earnings. Past performance is no guarantee of future results. Indices are unmanaged and include the reinvestment of dividends and distributions but do not reflect fees, transaction costs, or other expenses of investing. Individuals cannot invest directly in an index. Alethea Capital Management, LLC (“Alethea”) began offering the Global Macro Fund in September 2009, the Global/Domestic Equity Funds in January 2013, and the Domestic Market Neutral Fund in April 2015. The first client investments entered the Global Macro Fund in September 2009, the Global Equity Fund in October 2013, the Domestic Equity Fund in January 2015, and the Domestic Market Neutral Fund in April 2015. These graphs and tables do not present actual account performance. These figures show the performance of a hypothetical portfolio of proposed investments and are not necessarily indicative of future results. Hypothetical performance is blind-tested and differs from actual performance because it is achieved through the retroactive application of the strategy with the benefit of hindsight. Results may not reflect the impact that material economic and market factors might have had on the decision-making process if investment decisions were actually being made during the blind-tested time period. Data for Large Cap Managers pulled directly from Bloomberg data. The proposed investments and their corresponding compositions are subject to change at any time and without notice. Alethea is an SEC registered investment adviser. For information pertaining to the registration status of Alethea, please contact Alethea or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). The information contained within this presentation is from sources believed to be reliable, but Alethea cannot guarantee the accuracy or completeness of such information. Additionally, the success of an investment program may be affected by general economic and market conditions such as interest rates, the availability of credit, inflation rates, economic uncertainty, changes in laws, and national and international political circumstances. These factors may affect the level and volatility of securities prices and the liquidity of a portfolio’s investments. There can be no assurance that the investment objectives will be achieved or that an investment strategy will be successful. Investors should consider the objectives, risks, and charges of an investment company carefully before investing