AthenaInvest Named to the PSN Top Guns List
by Craig Love, on July 27, 2023
We are pleased to announce that AthenaInvest has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q1 2023. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers. “With the growing interest in separately managed accounts, the PSN Top Guns List has attracted greater attention,” says Margaret Tobiasen, SVP of Data Distribution who cites PSN’s pioneering efforts as the first SMA database as the reason for the list’s popularity. “AthenaInvest has done remarkable work and we are pleased to include them as a top performer.” PSN Top Guns.
The Athena Pure Valuation | Profitability strategy was awarded the following:
- Bull & Bear Masters All Cap Value Universe awarded strategies had an r-squared of 0.80 or greater relative to the style benchmark for a three-year period. Moreover, the strategy had an upside market capture over 100 and a downside market capture less than 100 relative to the style benchmark. The top ten ratios of Upside Capture Ratio over Downside Capture Ratio become the PSN Bull & Bear Masters.
- Profit 3 Stars All Cap Value Universe and the Profit 3 Stars All Cap Universe awarded strategies had one of the top ten returns for the three-year period in their respective strategy.
For the Athena Pure Valuation | Profitability strategy, behavioral factors of management, analyst and creditor confidence are used in the investment process. The portfolio manager invests in stocks which pay dividends and have attractive valuation ratios along with leveraged balance sheets. Such stocks can be overlooked by investors and often can be purchased at attractive valuations. The portfolio also prefers stocks which are strategy categorized as either Valuation or Profitability along with sector diversification to decrease industry concentration risk.
To learn more about how to access the AthenaInvest portfolios, schedule a meeting to start the discussion. For portfolio-specific commentary, click on the links below.
Athena Pure Valuation | Profitability
Source: Athena Invest
DISCLOSURES
The information provided here is for general informational purposes only and should not be considered an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. It should not be assumed that recommendations of AthenaInvest made herein or in the future will be profitable or will equal the past performance records of any AthenaInvest investment strategy or product. There can be no assurance that future recommendations will achieve comparable results. The author’s opinions may change, without notice, in reaction to shifting economic, market, business, and other conditions. AthenaInvest disclaims any responsibility to update such views. These views may not be relied upon as investment advice or as an indication of trading intent on behalf of any AthenaInvest. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives and financial circumstances. You should consult with a qualified financial adviser, legal or tax professional regarding your specific situation. Investments involve risk and unless otherwise stated, are not guaranteed. Past performance is not indicative of future performance.
