Performance
| As of 3/31/23 | Inception Date | |||||||
|---|---|---|---|---|---|---|---|---|
| QTD | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | ||
| Glenmede Global Secured Options (Gross) | 6.7% | 6.7% | -1.9% | 14.3% | 6.0% | N/A | 6.0% | 04/30/2017 |
| Glenmede Global Secured Options (Net) | 6.6% | 6.6% | -2.4% | 13.6% | 5.3% | N/A | 5.2% | |
| MSCI ACWI Index | 7.3% | 7.3% | -7.4% | 15.4% | 6.9% | N/A | 8.0% | |
Calendar Year Returns
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Glenmede Gross | -8.7% | 15.0% | 5.8% | 20.0% | -7.7% |
| Glenmede Net | -9.2% | 14.3% | 5.0% | 19.1% | -8.4% |
| MSCI ACWI | -18.4% | 18.5% | 16.3% | 26.6% | -9.4% |
| Gross +/- | 9.6% | -3.6% | -10.5% | -6.6% | 1.7% |
Performance quoted is past performance and is not a guarantee of future results. Products have fees that reduce their performance, indexes do not. You cannot invest directly in an index. For further information see the Fact Sheet below.
Overview
GIM believes that investing in a basket of individual securities and/or ETFs (beta) and continuously writing covered calls may outperform the market, provide positive risk-adjusted returns and cushion against downside risk.
Active Options Selection Focus on options, not an underlying index
Flexible approach Ability to shift strategy depending on market conditions
May use cash-secured puts when prices are more advantageous than covered calls We believe additional opportunities to benefit from options price volatility
Quantitative strike comparisons, enhanced by fundamental insight Leveraging quantitative tools with the discipline of experience
Continuity of senior Global Secured Options team since strategy inception Inception date of May 1, 2017
Portfolio Managers
Literature
This website is for informational purposes only and is not a solicitation for any product or service. GIM products are actively managed and their characteristics will vary. All investment has risk, including the risk of loss of principal. There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful. An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.