Tuttle Capital Management (TCM) is an industry leader in offering thematic and actively managed ETFs.
While many managers work within their respective silo when it comes to investment strategy, we look at all methodologies and market dynamics, using forward-looking due diligence to combine methodologies and timeframes to achieve the best results.
Our uncertain global economy presents a new paradigm for investing. Growth is important, and knowing how to protect the wealth you have accumulated is equally important.
Informed Agility is an approach to managing portfolios that, from an informed standpoint, can assess and blend effective elements from multiple investment styles, as opposed to being married to one particular style or discipline, and, from a position of agility, aims to stay in harmony with market trends without being too passive (which risks becoming too rigid to keep pace with changing markets) or too active (which risks getting whipsawed with each swerve in the market).
One of the underlying principles of informed agility is the idea that strict adherence to a single methodology, while it may have been effective at one time, can become a liability due to how frequently markets can change. Furthermore, there is likely not a singular methodology that will be optimal for every market condition. An investment approach that works one week may not work the next week. That being said, many investment methodologies have components that may be effective in varying circumstances and can, when utilized together, create a more robust strategy, one that attempts to achieve diversification with synergy as a goal vs. diversification used solely to smooth out returns or mitigate risk (this is sometimes described as actual diversification vs. perceived diversification).
Informed Agility relies, in part, on sound judgment, which can come from experience and from applying elements of the forward-looking due diligence process, which embraces uncertainty (vs. creating a false sense of certainty), assumes that past performance will not equal future performance (vs. the belief that the most recent past will equal future performance), seeks to determine how adaptive a strategy is (vs. verifying the continuation of the strategy), and applies a results mentality (vs. a performance mentality).
Informed Agility is an approach developed in response to how the financial industry and culture, more broadly, have evolved. There may be a sense that the markets, in particular, have changed significantly since the Covid-19 crisis in 2020. Since that time, we have seen a bear market that lasted a month, a substantial “stay at home” stock rally, a substantial value stock rally, the rise of the retail trader, just to name a few. In reality, though, markets were changing well before Covid-19 as more money moved from active to passive management, and as more money moved into volatility-based strategies. Covid-19 merely hastened the transformation. Markets now move faster than they ever have before, and the dynamics of how markets work are in a constant state of flux. This environment, coupled with changes in culture and the rise of misinformation, requires an approach that is both agile and informed.
The views and opinions expressed herein are those of the Chief Executive Officer and Portfolio Manager for Tuttle Capital Management and are subject to change without notice. The data and information provided is derived from sources deemed to be reliable but we cannot guarantee its accuracy. Investing in securities is subject to risk including the possible loss of principals.
© 2021 Tuttle Capital Management LLC (TCM). TCM is a SEC-Registered Investment Adviser. All rights reserved.