During the darkest days of the Global Financial Crisis (GFC) the thought kept returning – what if the only way to beat the market was to “Forget the Market”? How could this be done? Was it possible?
What can be accomplished by “Forgetting the Markets”?
The Global Financial Crisis of 2007/08 clearly illustrated that investment classes were far more correlated than most investors had otherwise suspected. After the dramatic falls in global markets, it was clear that traditional asset classes such as equities could not be counted on for diversification, regardless of geographical location. Both developed and emerging markets alike experienced large falls as did commodities and bonds.
It was in this environment that Messrs. Dobozy and Dalzell decided to create an investment strategy that could match or exceed the market long term averages but not be at the mercy of them. One in which mom and dad investors, retail investors and institutional investors could invest without sleepless nights and could avoid any horrific market drops. The primary challenge was to be sure not to lose money so that any profits generated are not wasted on trying to claw back past losses and capital is permanently secured.
The result was the launch in March 2010 of a family of hedge funds under the moniker “FTM”: a fund where 90% to 95% of the principal is secured by scrupulously qualified medical receivables, delivering a consistent loss-free performance. In the 11+ years since launch, a time when many mutual funds have lost money more often than made a profit for their clients, the FTM business model has never once failed to deliver a healthy profit.
FTM was the recipient of many awards for Best Fixed Income Fund Offshore, and was recognized by the global finance and investment community for its game-changing strategies. Now those same strategies are being applied to FTM II.