Tactical Growth Strategy

Tactical Growth

The Broadmark Tactical Growth Portfolio seeks to produce above-average, risk-adjusted returns, in any market environment, while exhibiting less downside volatility than the S&P 500 Index.

Philosophy & Approach

  • Designed to help investors side-step market downturns, while participating in its growth via the continuous and active management of portfolio market exposure.
  • Seeks to manage risk and enhance alpha with the flexibility to take a long, short or neutral view on the market.
  • Designed to evaluate potential investments to isolate securities the sub-advisor believes are undervalued or overvalued relative to their intrinsic value and offer the greatest risk-adjusted potential for returns.
  • Made up of a diversified universe of exchange-traded funds (ETFs) that provide exposure to U.S. and non-U.S. equity securities. The portfolio may tactically deploy leveraged investment techniques as well as short exposure via inverse ETFs, which allow the portfolio to dynamically manage exposure to the equity markets.
  • Proprietary volume/breadth-based momentum models are used to determine optimal stock market exposure including entry points, the amount of exposure, the type of exposure and exit points.

Vehicles and Minimums

Separately Managed Account $100,000

Key Characteristics
as of 03/31/24

Related Materials Learn the Fund Story


Performance (%)
as of 03/31/2024

QTDYTD1-Yr Annualized3-Yrs Annualized5-Yrs Annualized10-Yrs AnnualizedSince Inception
Tactical Growth Net of Fees2.252.254.69-0.772.892.513.22
HFRX Equity Hedge3.403.409.665.345.573.092.72
S&P 500 - Total Return10.5610.5629.8811.4915.0512.9614.28

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call +1 (877) FUND-WHG.

*YTD figure is calculated as of the most recent month end.

See disclosure

Calendar Year Returns (%)

  Portfolio Net1 HFRX Equity Hedge S&P 500 Index
2023 1.01 6.9 26.29
2022 -9.26 -3.18 -18.11
2021 7.32 12.14 28.71
2020 8.30 4.60 18.40
2019 9.80 10.71 31.49
2018 -5.90 -9.42 -4.38
2017 9.96 9.98 21.83
2016 2.95 0.10 11.96
2015 -2.08 -2.33 1.38
2014 2.06 1.42 13.69
2013 15.99 11.14 32.39
2012 4.57 4.81 16.00
2011 -4.59 -19.08 2.11
2010 2.28 8.92 15.06
20092 5.68 5.18 13.97

1Net returns are calculated using a 0.55% management fee for UMA, applied quarterly.
2Represents unannualized performance from 08.01.09 to 12.31.09

Risk Characteristics

  Strategy Benchmark
Beta 0.60 1.00
Correlation 0.64 1.00
Standard Deviation 6.15 6.59

Beta is a measure of risk that shows a portfolio's volatility relative to its benchmark index. Cash flow measures the cash generating capability of a company by adding non-cash charges (e.g., depreciation) and interest expense to pretax income. Correlation is a statistical measure of the interdependence of two random variables that range in value from -1 to +1, indicating perfect negative correlation at -1, absence of correlation at zero and perfect positive correlation at +1. Standard deviation measures the degree to which a portfolio’s return varies from its previous returns for from the average of all similar investments.
Past performance does not guarantee future results.

Net Exposure

Week Ending Net Market Exposure
01/02/2024 +8.75%
01/08/2024 +8.63%
01/16/2024 +8.49%​
01/22/2024 +21.62%​
01/29/2024 +22.47%​
02/05/2024 +21.10%​
02/12/2024 +20.35%​
02/19/2024 +26.83%​
02/26/2024 +38.47%​
03/04/2024 +44.12%​
03/11/2024 +47.77%​
03/18/2024 +51.89%​
03/25/2024 +57.63%​

Past performance does not guarantee future results.

Drawdown is the gradual decline in the price of a security or other investment between its high and low over a given period

Tactical Growth Portfolio Managers

Investment Team