FOR IMMEDIATE RELEASE
CARMEL, CA – Welton Investment Corporation is pleased to announce the addition of its Global Directional Portfolio program (GDP) to the AlphaMetrix Mosaic Platform.
The Welton GDP program is among a small group of programs approved by AlphaMetrix to provide “best of class” diversified trendfollowing exposure. “We’re proud that GDP was selected to help fill this very important category within the Mosaic manager roster,” said Chris Keenan, Marketing & Strategic Planning for Welton.
As an online direct investment portal, the Mosaic Platform provides efficient access to global trading advisors with a focus on Commodity Trading Advisors (CTAs), FX and Global Macro managers. Investors can custom-build their own manager “cells”, or choose from pre-selected manager groupings to accomplish specific investment objectives. In addition, Mosaic offers highly customizable real-time performance analytics, risk management tools and portfolio construction resources – capabilities that appeal to investors ranging from the largest institutions to high net worth individuals.
“Investor momentum continues to build for GDP in 2006, and we attribute this to the program’s simple, no-nonsense mandate: preserve the desirable uncorrelated traits of the managed futures style class while also delivering top-tier performance,” said Keenan.
Since inception in June 2004 through August 2006, GDP has maintained a 0.03 daily equity Beta while also outperforming its benchmark, the S&P Managed Futures Net Value Index, by +46.63%. Now in its third year of trading, GDP currently trades approximately $133M as of August 31, 2006, a $95M increase since the end of 2005.
About Welton Investment Corporation
Welton Investment Corporation® is a hedge fund manager specializing in managed futures and global macro strategies. The firm’s investment philosophy relies on using scientific methods to uncover and harness recurring market drivers to generate long-term returns for its investors. Welton’s clients include financial institutions, private and public funds, fund of funds, family offices and high net worth individuals throughout the world. Founded in Northern California’s Silicon Valley, Welton® is an NFA member, and is registered as a CTA and CPO with the CFTC. As of 8/31/06, Welton managed approximately $172M.
About the Welton Global Directional Portfolio (GDP)
The Welton Global Directional Portfolio (GDP) strives to improve the risk-adjusted returns of investors’ existing portfolios. To accomplish this, GDP seeks to preserve the noncorrelated traits of the managed futures style class while also delivering composite-like, top-tier performance.
THE INFORMATION CONTAINED HEREIN IS INTENDED FOR QUALIFIED ELIGIBLE CLIENTS AS DEFINED IN CFTC REGULATION 4.7. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY INVESTOR WILL OR IS LIKELY TO ACHIEVE SIMILAR RESULTS. FUTURES, FORWARD AND OPTION TRADING IS SPECULATIVE, INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS.