Time-Tested Investment Strategies
For over three decades, Sierra’s rules-based buy-and-sell disciplines have sought to help investors limit downside risk, grow their wealth, and achieve their investment goals.
Investment Strategies That Aim to Grow and Protect Wealth
Sierra’s investment programs are engineered to meet a variety of investment objectives and risk profiles. We pursue positive results through market cycles and are laser-focused on our goal of limiting downside risk. Our tactical investment disciplines were developed with the objectives of limiting downside risk while producing satisfying long-term investment returns.
Explore the intricacies and results of our investment programs below:
The Sierra Conservative Allocation Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers a diversified multi-asset portfolio designed for investors with a conservative risk profile. When equities are in an uptrend, the Program targets equity exposure between 15% and 30%. Equity exposure may vary above or below this range depending on market conditions.
The Program is unconstrained, tactically managed and invests primarily across global equity and fixed income asset classes. The Program seeks to participate opportunistically in global investment uptrends, while aiming to limit downside risk. Cash equivalents and/or short-term bond funds are held in the absence of uptrends. The Program may hold affiliated funds.
The Sierra Moderate Allocation Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers a diversified multi-asset portfolio designed for investors with a moderate risk profile. When equities are in an uptrend, the Program targets equity exposure between 50% and 70%. Equity exposure may vary above or below this range depending on market conditions.
The Program is unconstrained, tactically managed and invests primarily across global equity and fixed asset classes. The Program seeks to participate opportunistically in global investment uptrends, while aiming to limit downside risk. Cash equivalents and/or short-term bond funds are held in the absence of uptrends. The Program may hold affiliated funds.
The Sierra California Municipal Bond Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers exposure to California municipal bonds. The Program will tactically allocate between California municipal bond funds and cash equivalents and/or short term bond funds. The Program will invest in both investment grade and non-investment grade California municipal bond funds. The Program may also invest in national municipal bond funds.
The Program seeks to participate opportunistically in California municipal bond market uptrends. Cash equivalents and/or short-term bond funds are held in the absence of uptrends in California municipal bonds.
The Sierra Growth Allocation Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers a diversified multi-asset portfolio designed for investors with an aggressive risk profile. When equities are in an uptrend, the Program targets equity exposure between 85% and 100%. Equity exposure may vary below this range depending on market conditions.
The Program is unconstrained, tactically managed and invests across global equity and fixed income asset classes. The Program seeks to participate opportunistically in global investment uptrends, while aiming to limit downside risk. Cash equivalents and/or short-term bond funds are held in the absence of uptrends. The Program may hold affiliated funds.
The Sierra High Yield Corporate Bond Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers exposure to high yield corporate bonds. The Program will tactically allocate between high yield corporate bond funds and cash equivalents and/or short term bond funds.
The Program seeks to participate opportunistically in high yield corporate bond market uptrends. Cash equivalents and/or short-term bond funds are held in the absence of uptrends in high yield corporate bonds.
The Sierra Moderate Growth Allocation Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers a diversified multi-asset portfolio designed for investors with a moderately aggressive risk profile. When equities are in an uptrend, the Program targets equity exposure between 70% and 85%. Equity exposure may vary above or below this range depending on market conditions.
The Program is unconstrained, tactically managed and invests primarily across global equity and fixed income asset classes. The Program seeks to participate opportunistically in global investment uptrends, while aiming to limit downside risk. Cash equivalents and/or short-term bond funds are held in the absence of uptrends. The Program may hold affiliated funds.
The Sierra Moderately Conservative Allocation Program (the “Program”) has two objectives, to provide total return and to limit exposure to market risk.
The Program offers a diversified multi-asset portfolio designed for investors with a moderately conservative risk profile. When equities are in an uptrend, the Program targets equity exposure between 30% and 50%. Equity exposure may vary above or below this range depending on market conditions.
The Program is unconstrained, tactically managed and invests primarily across global equity and fixed income asset classes. The Program seeks to participate opportunistically in global investment uptrends, while aiming to limit downside risk. Cash equivalents and/or short-term bond funds are held in the absence of uptrends. The Program may hold affiliated funds.
The Sierra Municipal Bond Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers exposure to municipal bonds of any credit quality and maturity. The Program will tactically allocate between municipal bond funds and cash equivalents and/or short term bond funds. The Program may also invest in state-specific municipal bond funds.
The Program seeks to participate opportunistically in municipal bond market uptrends. Cash equivalents and/or short-term bond funds are held in the absence of uptrends in municipal bonds. The Program may hold affiliated funds.
The Sierra Strategic Income Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers exposure to an income-oriented portfolio. Income-oriented asset classes include, but are not limited to, government bonds, corporate bonds, floating rate notes, preferred securities, convertibles and master limited partnerships (MLPs). The Program may hold funds that primarily invest in either investment grade or non-investment grade securities.
The Program is unconstrained, tactically managed and invests in a diversified selection of income-oriented asset classes. The Program seeks to participate opportunistically in global uptrends in income-oriented funds, while aiming to limit downside risk. Cash equivalents and/or short-term bond funds are held in the absence of uptrends. The Program may hold affiliated funds.
The Sierra Tactical Bond Program (the “Program”) has two objectives, to provide total return and to limit exposure to downside risk.
The Program offers exposure to high yield corporate bonds and long-term Treasuries. The Program will tactically allocate between high yield corporate bond funds, long-term Treasury funds, and cash equivalents and/or short term bond funds.
The Program seeks to participate opportunistically in bond market uptrends. When high yield corporate bonds are in an uptrend, the Program will be invested across several high yield corporate bond funds. When high yield corporate bonds are not in an uptrend, the Program may invest in long-term Treasuries, provided that long-term Treasuries are in an uptrend. Cash equivalents and/or short-term bond funds are held in the absence of uptrends in either high yield corporate bonds or long-term Treasuries. The Program may hold affiliated funds.
Tax Advantaged Options
As an Advisor who works with mass affluent and high net worth clients, we understand the importance of investing in a tax advantaged way, and offer several options that could be beneficial to you.
Municipal Bond Programs
Can be particularly beneficial to individuals or families with high federal tax brackets. In addition to being exempt from federal income tax, the income from municipal bonds may also be exempt from state income tax if the investor purchases securities issued by their home state or by municipalities located in their home state.
Donor Advised Funds / Charitable Giving
Provides you with an immediate tax deduction for contributions that may not be distributed to a charity until months or years later.
Continues your commitment to philanthropy – noted as the third most important priority for those with a net worth of $1 million or greater*
*Source: Investopedia
Sierra does not provide tax advice and we recommend you consult with a tax professional prior to engaging in these offerings.
Donor Advised Funds are irrevocable gifts made by an investor. Once gifted, the funds are generally under the control of the Donor Advised Fund’s Sponsor and cannot be reclaimed for the Donor’s personal use. Other limitations and risks may apply.
Contact Us
If our investment process aligns with your needs, we believe Sierra is the ideal partner to help manage your wealth.
