Sentences with phrase «defensive hedge positions»
Our defensive hedge positions of these two overvalued currencies boosted our quarterly performance.
https://www.oakmark.com/ Not exact matches
Far from being perma - bearish, our present methods of classifying market return / risk profiles encourage a leveraged long position about 52 % of the time in market cycles across history, encouraging a partially - hedged stance about 12 % of the time, fully - hedged about 31 % of the time, and hard - defensive as we are today about 5 % of the time.
The Strategic Growth Fund remains fully hedged, with the same «staggered strike» position we had at the 2007 peak, which strengthens our defense against potential market losses by raising the strike prices of our defensive put options, at a cost of just over 1 % of assets in additional put premium (which is relatively inexpensive with the CBOE volatility index currently at about 17).
The present, identifiable Market Climate is negative, and that is sufficient to place us in a defensive, fully - hedged position.
That still holds us to a defensive position, but allows us to make modest changes in our hedges (shifting index put option strikes, for example) in a way that maintains a strong defense but reduces our vulnerability to blazing short - squeezes and other bursts of «risk - on» enthusiasm.