Harry Markowitz's Nobel Prize winning paper on the Efficient Frontier is based on the belief that it is difficult, if not impossible to out-perform the market on a consistent basis. As a result the majority of investment advisors construct portfolios via a passive asset allocation model. These portfolios are static, infrequently monitored, and are often subject to much greater risk than anticipated given the fact that the historical data used to create these models has fundamentally changed and thus generates calculations that are flawed.

Active asset allocation is based on the belief that with an advanced understanding of the markets there is a more effective way to manage money. At SimonDavis Asset Management, Inc. all of our strategies offer the flexibility to meet the investor's long-term goals, as well as to seize market opportunities related to market and economic cycles. Each of our strategies is actively managed, rooted in the same dynamic philosophy and fine tunes its holdings and strategy for a specific risk appetite and tax situation.