There are three basic philosophies of money management: historical, predictive, and real-time. These disciplines are distinguished by the time horizons that they utilize in managing assets. Past, present and future perspective on markets is emphasized differently with each philosophy. They also differ in the frequency of asset allocation changes, and the degree of diversification utilized in their management strategies. Historical money management seeks to reflect historical asset class performance from the past 10-50 years. It favors passive or static asset allocation and is characterized by references to non-correlating assets and efficiency frontiers. Changes in asset allocations are rare.

Predictive money management attempts to forecast future market directions. Asset allocations generally include very few funds and may change rapidly in an attempt to capture short-term tactical market swings. They may be characterized by references to market timing and frequently rely upon computer generated trading models.

SELECTOR® Money Management follows a real-time philosophy that focuses on current market activity and bases asset allocations upon real-time performance. This style is noted by a common sense acknowledgment of current events. Real-time money management is mindful of market history but not driven by it. It utilizes modern technical analysis to evaluate existing trends, but does not allocate portfolios according to computer driven mandates. Changes in asset allocations are made in response to the manager's interpretations of current market trends. Depending on market conditions, portfolio adjustments may occur from three to eight times a year. Portfolio allocations will generally include three or more sub-accounts, representing several diversified asset classes.

At SELECTOR® we understand the uniqueness of today's changing market, and that is why we focus on Real-Time Money Management.