Sierra's Balanced Program

Sierra's Balanced Program, uses a globally diversified portfolio of no-load mutual funds for each client - for portfolios from $500,000 to $1,000,000.  The information below includes the holdings of the Sierra Core Fund.  From time to time, Sierra's Managing Directors make changes, upgrading to a new Designated Fund in the same Asset Class, or revising the Asset Allocation mix among Asset Classes.

For a description of any fund listed below, click on its name.  For daily closing prices and statistics, click on its ticker symbol.

The following are the Designated Funds currently in each Balanced Program account:

Notes:

Every day, Sierra monitors the price trend for each Designated Fund and implements a sell discipline:  When the Designated Fund turns down more than a normal fluctuation (which occurs on average about twice a year), Sierra moves the relevant assets temporarily into the safety of money market; and when the Designated Fund turns back up significantly, Sierra moves the relevant assets back into the Designated Fund.  For more information, see Risk-Limiting Techniques^SM.

Although this program is designed to have limited downside risk, some risks remain.  Please review carefully the Limitations and Cautions in your Investment Advisory Agreement.

For quarterly program performance, click here.

SIERRA INVESTMENT MANAGEMENT, INC.
3420 OCEAN PARK BOULEVARD, SUITE 3060
SANTA MONICA, CA 90405
310/452-1887   800/729-1467   FAX 310/452-2680

Click here to write to us: Info@SierraInvestment.com