Accumulator Core Tactical Portfolio Performance

The Accumulator Portfolio is designed to offer investors with account balances of less than $25,000.00 access to Cabana's proprietary algorithm. The objective of the Accumulator Portfolio is to seek a limited volatility range (“drawdown” or the maximum amount an investment can be expected to fall during a specific period) of thirteen percent (13%) from peak to trough. It is a tactical all-asset-class investment portfolio made up of primarily commission-free exchange traded funds (ETFs). The portfolio seeks to reduce the disproportionate impact of trading costs on smaller accounts. Limiting portfolio positions to commission-free exchange traded funds may materially impact performance, allocation and liquidity, and it may limit the algorithm's intended functionality. Like other Cabana Portfolios, the Accumulator Portfolio is responsive to macro-economic changes as well as changes in the technical condition of the broad markets. Through this combination, the Accumulator Portfolio strives to offer investors a cost efficient solution within a dynamic portfolio.

Are you already invested in Cabana’s Accumulator Portfolio? Below is how the portfolio is allocated as of August 31, 2018.

Cabana's proprietary algorithm is designed to evaluate the market daily and allocate investments with the goal of reducing exposure to potential market declines. Cabana invests in those assets that its proprietary algorithm determines to be particularly attractive at any given time. This information is reviewed daily. The corresponding charts below reflect Cabana's Accumulator Portfolio allocation as of August 31, 2018.

While it is the intent of Cabana that individual client account allocations mirror Portfolio allocation, individual client account allocations may vary from the Portfolio allocation because of a variety of factors, including but not limited to, investment date, investment amount, transaction costs, account type, and account restrictions.


Cabana Accumulator Portfolio Monthly Returns as of August 31, 2018

Returns are presented net of maximum 2% advisory fees and commissions. Returns include reinvestment of dividends. Cabana,  LLC manages assets on multiple custodial platforms. Performance results may vary based upon differences in associated costs and asset availability within the Cabana Model.


Cabana Accumulator Portfolio Growth as of August 31, 2018

Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Illustrated returns are net of commissions and maximum advisory fees, and include reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only.


Cabana Accumulator Portfolio Drawdown as of August 31, 2018

Drawdown is the maximum amount an investment can be expected to fall during a specific period. The above drawdown chart reflects monthly data. Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Illustrated returns are net of commissions and maximum advisory fees, and include reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only.


Trailing Returns as of August 31, 2018

Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Illustrated returns are net of commissions and maximum advisory fees, and include reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only.


Statistics as of August 31, 2018

Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Illustrated returns are net of commissions and maximum advisory fees, and include reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only.


You should know:

  • Benchmark: While the Cabana Portfolio is not correlated to any benchmark or index, its closest benchmark is the Vanguard Balanced Index Fund (VBINX).
  • Custodian: TD Ameritrade
  • VBINX = Vanguard Balanced Index
  • S&P = S&P 500 Total Index
  • PTTRX = Pimco Total Return Index
  • Cabana, LLC manages assets on multiple custodial platforms. Performance results may vary based upon differences in associated costs and asset availability within the Cabana Model.

Click here for more information regarding changes to our algorithm and performance reporting issued September, 2018.


Disclaimers:

Cabana LLC, dba Cabana Asset Management (“Cabana”), is registered as an investment adviser. The firm only transacts business in states where it is properly registered or is exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. This material is for informational purposes and does not constitute an offer to buy or sell any securities. The performance returns represented are hypothetical and derived from Cabana’s proprietary algorithm, which has been applied to Cabana’s actual client accounts since July 31, 2017. Performance returns are geometrically linked for the applicable time period based on return data derived from Cabana’s proprietary algorithm. They are modeled to be net of commissions and to include the highest advisory fees (2% charged to any client) and include the reinvestment of dividends and capital gains. Performance returns prior to July 31, 2017 are derived from hypothetical back- testing of the model and do not represent model returns during a time when actual client funds were invested. Hypothetical returns have inherent limitations. Back-testing involves a hypothetical reconstruction, based on past market data, of what the performance of a particular account would have been if the adviser had managed the account using a specific investment strategy. Hypothetical returns do not represent actual trading and may not accurately reflect the impact of transactional costs as well as material economic and market factors on the adviser’s decision-making during this time frame. As a result, actual returns may vary significantly from hypothetical returns. Performance returns and comparison to other benchmark indices are for illustrative purposes only. Other benchmark indices may materially differ from the Accumulator Portfolio. Cabana, LLC manages assets on multiple custodial platforms. Performance results may vary based upon differences in associated costs and asset availability within the Cabana model. Cash was used as a substitute allocation if a commission-free exchange traded fund was not available during the time period covering the back-tested performance data and back-tested performance returns reflect additional allocation in cash in such instances. Although Cabana strives to ensure that its performance returns are accurate, the Accumulator Portfolio returns have not been independently verified. Performance returns should not be viewed as indicative of the adviser’s skill and do not reflect the performance achieved by any specific client. No current or prospective client should assume that the future performance of any specific investment or strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. All strategies have different degrees of risk. There is no guarantee that any specific investment or strategy will be suitable or profitable for any investor. Asset allocation and diversification will not necessarily improve an investor’s returns and cannot eliminate the risk of investment losses. While loss tolerance and targeted “drawdown” are identified on the front end, Cabana's algorithm does not take any one client's situation into account. It is the responsibility of the adviser to determine what is suitable for the client. An adviser should not simply rely on the name of any portfolio to determine what is suitable. This material supersedes all prior published versions. All references to Cabana's proprietary algorithm refer to the most current version of the algorithm as of the date this is published. Additional information regarding Cabana, including its fees, can be found in Cabana’s Form ADV, Part 2. A copy of which is available upon request or online at https://www.adviserinfo.sec.gov/. This material is for informational purposes and does not constitute an offer to buy or sell any securities.