Sierra's Conservative Program

Sierra's Conservative Program, emphasizes low risk relative to market volatility or global events - for portfolios from $500,000 to $1,000,000.  This program focuses on bond funds and other income funds and has considerable overlap with the same bond funds we use in our Balanced Program.  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.

In recent months, market conditions have been such that Conservative Program accounts have been allocated the same as Balanced Program accounts.  For details, click here.

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.

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