Progress Wealth Management
  • For the SATELLITE portion of the portfolio the goal is to obtain returns above the markets’ benchmarks (Alpha).

  • With a bottom up selection approach, some of the strategies to follow may be: concentrating positions, investing in less efficient markets, using alternative investments.

  • They are investments with a higher risk than those of the CORE.

  • Their investment horizon is from 6 months to 3 years.

The material provided is for informational purposes only. This material should not be viewed as a complete description or representation of the securities or investment programs or strategies discussed. This document is not an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. The information is not intended to be used as the basis for investment decisions, nor should the information be construed as advice designed to meet your particular needs or the particular needs of any individual investor. Different types of investments involve varying degrees of risk and there can be no assurance that any specific investment or investment strategy will either be suitable or profitable for your investment portfolio. Debt and equity investments associated with emerging markets may involve increased volatility and risk due to, without limitation, political risk, sovereign risk, economic risk, currency risk, declines in credit quality, liquidity risk, and differences in accounting standards. The nature and extent of these risks vary from country to country, among investment instruments, and over time.
Alternative Investments, such as hedge funds and funds of funds, natural resources, and structured investments vehicles are subject to high volatility and risk and an investment may lose significant value in a short period of time. Other risks associated with alternative investments may include leverage, limited liquidity or lack of secondary market, lack of transparency and lack of regulatory oversight, among others.

Small-cap investments are subject to higher volatility and less financial stability than large-cap investments.

Foreign investments are subject special risk which may include:
• Country Risk.- Foreign investments are vulnerable to the direct or indirect consequences of political, social or economic changes in their issuing countries.

• Currency Value and Convertibility Risks.- The value of investments denominated in other currencies than the U.S. dollar will be affected by changes in the exchange rate between the U.S. dollar and that currency. In addition, Government action may prohibit the free conversion of a country’s local currency and you might be prevented from converting local currency payments into U.S. dollars.