Portfolio Thermostat Fund

Portfolio Thermostat Fund

Objective

The Fund seeks long-term risk-adjusted growth through compounded returns.


 

Philosophy

Markets are variable, shifting constantly from one distinct environment to another, much the way the weather does. There are often periods of calm but also periods of turbulence. In an effort to produce stability, where there is variability, we believe there needs to be a systematic process that attempts to manage the outcome. To manage variable weather conditions, we use a thermostat process to maintain indoor temperature to a comfortable level. Likewise, Canterbury believes a portfolio, operating in variable markets, needs its own thermostat – a systematic process that responds and strives to adjust to the broader market environment in an effort to produce stability in portfolio volatility.
 


 

Strategy

The Fund follows the Portfolio Thermostat strategy, a comprehensive portfolio management strategy, designed with the goal of creating and maintaining optimal portfolio efficiency through dynamic and ever-changing market environments.

The Thermostat works by classifying variable market conditions into categories called Market States, of which there are 12 that each exhibit unique characteristics. The Thermostat methodology adjusts its holdings in order to try to adapt to shifts in market conditions. Through systematic rotation, the portfolio seeks to limit risk to normal fluctuations and avoid substantial declines, regardless of the broader market environment. With its goal of protecting the portfolio’s potential to generate compounded returns in any market condition, we believe the Thermostat strategy may have the potential to benefit from any market environment – bull or bear.

For more information on our strategy, please refer to the Prospectus.


 

Fund Information

Fund Facts

Ticker: CAPTX (Institutional Share Class)
​CUSIP: 14064D832
Min. Initial Investment: $5,000
Min. Subsequent Investment: $1,000

Fund Advisor

Canterbury Investment Management
canterburygroup.com

Fund Managers

Tom Hardin, CMT, CFP®
Kim Custer, CMT, CRPC