There are three ways for an investor to have broad market exposure that is professionally managed to mitigate the historically deleterious ‘Congressional Effect’ on investment holdings:
1) The Congressional Effect Fund. (Minimum Investment - $1,000 Symbol CEFFX)
The Congressional Effect Fund is a no-load mutual fund launched on May 23, 2008 to provide investors with an easy way to invest in a strategy that seeks to capture historically higher returns (typically seen on days that Congress not in session) via exposure to the broad market as measured by the S & P 500 index on days that Congress is not in session. On days that Congress is in session, the Fund sits aside, investing in interest bearing instruments including, without limitation, treasury bills, other government obligations and bonds, collateralized repurchase contracts, money market instruments, and money market funds. A Fund Fact Sheet, prospectus, account forms and additional information are available on the Congressional Effect Fund website. Investors seeking to open accounts under $10,000 can do so instantly via an online application offered through the Fund distributor, Matrix Capital Group.
2) Private Money Management (Minimum Investment - $500,000)
Private Money Management is available to institutions, endowments, trusts and high net worth individuals and families through Congressional Effect Management. With Private Money Management, assets are managed in an individual investment portfolio, rather than comingled as in a mutual fund. Your money manager would meet with you to discuss your investment objectives and taylor an investment strategy that is right for you, while always seeking to mitigate the historically deleterious ‘Congressional Effect’. The benefits of opening a privately managed account include, but are not limited to, personalized professional supervision and active individualized management. Congressional Effect Management is an SEC-Registered Investment Adviser.
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Congressional Wealth Destruction Monitor,
an e-Letter reporting on Congressional
deliberation likely to negatively impact
industries and investment wealth.
Should Congress stay on vacation?