The Lake Hill Strategies
Dynamic Hedge aims to provide an asymmetric return profile with a positive expected carry. It seeks to capture low beta in up markets and strongly negative beta in down markets. The portfolio consists of exchange-listed S&P500™ Index Options and Futures.
Crisis Alpha seeks to generate consistently positive returns over time, significantly outperform in volatile markets, and limit drawdowns. The strategy seeks to deliver uncorrelated returns with a near zero beta except in sharply downward market environments when it is most likely to strongly outperform. It is a tail hedge with a positive expected carry.
Dynamic Hedge Equity Replacement targets a higher Sharpe Ratio than passive index investing by reducing left tail events/drawdowns. It targets a high beta to up moves and a lower beta to down moves in the S&P500™ Index. The portfolio consists of exchange-listed S&P500™ Index Options and Futures and/or Index ETFs.
Income Builder seeks to enhance portfolio yield annually by exploiting dislocations across the volatility curve regardless of market environment. Market exposures are tightly constrained within a risk framework focused on limiting potential losses for a given range of instantaneous market moves. The portfolio consists of exchange-listed, hedged long and short S&P500™ Index Options and Futures and short-term cash instruments.