Segesta Core Fundamental Equity ETN
Objective. The objective of the strategy is to significantly beat the S&P 500 over a market cycle.
Risk. We aim to achieve our return objective with lower levels of fundamental risk in our portfolio. In general, we hope to keep up in rising markets and outperform on a relative basis during more challenging periods.
Approach. To meet our risk and return goals, we hold defensive anchors in the portfolio, buy good companies in stable industries at reasonable prices, and pay as much attention to risk management as we do to return generation.