RISK MANAGED EQUITIES

Seeks meaningful upside exposure while retaining defense against severe declines.

Hedged Disruptor seeks to participate meaningfully in the growth of disruptive and innovative companies while using risk-responsive tactical hedging to mitigate the impact of severe market declines..

Hedged Disruptor

How Hedged Disruptor Works

Select

Build a concentrated portfolio of innovative growth companies, emphasizing earnings growth and improving expectations.

Monitor

TCM’s Volatility Dashboard evaluates market and volatility conditions for signs of elevated risk.

View Dashboard Signals →

Respond

When signals indicate elevated risk, the strategy may add long-volatility exposure through VIX ETPs to help mitigate the impact of severe market declines.

Rebalance

As risk conditions normalize, tactical hedges may be reduced while maintaining high-conviction growth exposure.

Where Hedged Disruptor May Fit

For investors seeking concentrated disruptive-growth equity exposure while retaining defensive flexibility.

Who it may be for

Hedged Disruptor may fit investors seeking a concentrated disruptive-growth equity allocation with a more responsive approach to risk than traditional exposure. It can serve as a risk-managed growth equity sleeve within a broader portfolio.

Strategy Objectives

Hedged Disruptor seeks to provide meaningful participation in the growth of disruptive and innovative companies while maintaining a deliberate focus on downside risk. The strategy uses risk-responsive tactical hedging that can become more defensive as market conditions deteriorate, with the goal of mitigating severe declines while preserving long-term growth potential.

Disruptive-growth equity exposure
Respond defensively to major broad market declines
Preserve the allocation's long-term equity role

Growth Exposure. Risk-Responsive Hedge.

Hedged Disruptor combines a concentrated portfolio of innovative growth companies with a tactical volatility overlay. We believe this structure can provide meaningful participation in long-term growth opportunities while giving the strategy another tool to respond as market risk changes.

High-conviction exposure to companies we believe are reshaping their industries.

Concentrated Growth

Earnings Focus

Stock selection emphasizes earnings growth and revisions.

Long-volatility exposure may be added when TCM’s signals indicate elevated market risk.

Tactical Hedging

Growth of $1,000
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Strategy Highlights

  • Concentrated portfolio of innovative growth companies.
  • Emphasizes earnings growth and improving expectations.
  • Uses TCM’s Volatility Dashboard to assess market risk.
  • May add VIX ETP exposure when signals indicate elevated risk.
  • Seeks long-term growth while addressing crisis risk.

Key Facts

Inception 8/1/2019
Strategy Type Risk Managed Equity
Benchmark Ark Innovation Fund (ARKK)
Portfolio Concentrated Growth Equity
Hedge Instrument VIX ETPs
Risk Management TCM Volatility Dashboard
Understanding the Strategy

Hedged Disruptor invests in a concentrated portfolio of growth-oriented companies, which may experience greater volatility than a more diversified portfolio. The strategy’s use of VIX ETPs introduces additional risks and costs, and tactical hedging may not reduce losses in all market environments and may detract from returns when markets rise.