Global
Secured Options
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
Sean Heron, CFA
Portfolio Manager, Derivatives
| As of 6/30/2019 | QTD | YTD | 1 Year | Since Inception | Inception Date | ||
|---|---|---|---|---|---|---|---|
| Glenmede Global Secured Options (Gross) | 4.6% | 14.2% | 3.5% | 5.9% | 04/30/2017 | ||
| Glenmede Global Secured Options (Net) | 4.4% | 13.8% | 2.8% | 5.1% | |||
| MSCI ACWI Index | 3.6% | 16.2% | 5.7% | 8.9% |
Calendar Year Returns
| Glenmede Gross | Glenmede Net | MSCI ACWI | Gross +/- | |
|---|---|---|---|---|
| 2018 | -7.7% | -8.4% | -9.4% | 1.7% |