The Defensive Alpha Portfolio utilizes a proprietary algorithmic version of the Fisher Black Model. The strategy does not predict anything nor resort to derivatives, but rather is intended to react to changing market conditions.
When the S&P 500 Index goes up, the Defensive Alpha Portfolio’s equity position can increase in high Alpha growth stocks, up to 20 stocks designed to outperform the S&P 500. When the S&P 500 Index goes down, the Defensive Alpha Portfolio can trim the portfolio to fewer than 15, 10, or 5 stocks or even at times placing the whole portfolio into cash to be reinvested again at the right time.
The portfolio was developed over six years ago and invests in up to 20 high Alpha stocks designed to outperform the S&P 500. Despite some wild stock market gyrations the last 6+ years, the portfolio has strived to have smooth and steady returns.
Louis Navellier CHIEF INVESTMENT OFFICER
Mr. Navellier’s stock selection process focuses on quantitative analysis, fundamental analysis, and optimization of the securities selected for the portfolio.
Michael Garaventa PORTFOLIO MANAGER
Mr. Garaventa manages the All Cap Core strategy and is a member of many portfolio management teams including, but not limited to the Large Cap Growth, Power Dividend, and Small-to-Mid Cap Growth management teams.
Performance results presented herein do not necessarily indicate future performance; investment in equity strategies involves substantial risk and has the potential for partial or complete loss of funds invested. Results presented include reinvestment of dividends and other earnings. None of the stock information, data and company information presented herein constitutes a recommendation by Navellier or a solicitation of any offer to buy or sell any securities.