CMG’s Total Portfolio Solution Whitepaper Free Download

Posted on 07.06.16 |

CMG Capital Management Group AdvisorCentral Total Portfolio Solution Whitepaper In this whitepaper, we describe a total portfolio solution—a comprehensive approach to building resilient investment portfolios for individual investors.

Modern portfolio theory (MPT) tell us it is possible to construct optimal portfolios offering the maximum possible expected return for a given level of risk. We believe it is important to emphasize that risk is an inherent part of higher reward. You can’t get something for nothing, the saying goes. The price for higher returns is greater risk. However, we believe investors can mitigate risk by sticking to a common-sense discipline.

CMG Adopts GIPS Standards Verified By Ashland Partners

Posted on 05.25.16 |

CMG Capital Management Group, Inc. has adopted Global Investment Performance Standards (“GIPS”) for investment performance calculation and reporting. CMG has chosen Ashland Partners & Company LLP to verify its GIPS policies and procedures.

“With all of the discussion regarding fiduciary standards, we believe it is only a matter of time before the GIPS® standard is adopted industry-wide,” said CMG President, PJ Grzywacz.

“The verification process is very robust. We didn’t want to just implement GIPS policies and procedures – we wanted to be verified by the industry leader, Ashland,” said Andrew Elkin, CMG’s COO and Chair of the firm’s GIPS committee.

Third party verification brings additional credibility to a firm’s claim of compliance and requires robust review of performance composites and thorough testing of policies by the independent party. CMG chose Ashland Partners, an industry leader with eight offices worldwide, for verification because of their long history as a GIPS service provider. Since its founding in 1992, Ashland’s sole focus has been on providing GIPS compliance and verification services to the investment management industry.

See the full press release.

(GIPS® is a registered trademark owned by CFA Institute)

Charting The New Bull Market in Gold – Blumenthal in Forbes

Posted on 02.28.16 |

In Steve Blumenthal’s latest Forbes article he discusses a way to block out the noise of gold fever and adhere to a time-tested method of modulating exposure to gold. According to this trend-following method, says Steve, a new cyclical bull market period for gold has just begun. Excerpt from the Forbes story:

Consider the use of a simple trend-following process to trade gold. One of my favorite methods is to compare two smoothed moving-average price lines: a 13-week moving average and a slower 34-week moving average. Think of a moving average as a smoothing of the price of a security (or index) over the past number of weeks.

See the full story in Forbes: Charting The New Bull Market In Gold.

Building A Hunker Down ETF Portfolio – Blumenthal at Barron’s

Posted on 02.25.16 |

Steve Blumenthal, CEO of CMG Capital Management Group, tells Barron’s funds writer Chris Dieterich that his firm has been clinging to ultra-safe bonds and utility stocks during the market storm. The video segment How to Build A Hunker Down ETF Portfolio, can also be seen below. An excerpt:

“We are what is called an ETF Strategist. We design and build portfolios for specific reasons. ETFs are a great tool because they offer so many ways to have concentrated exposures to markets on a low fee basis.

“Most of the leadership we see now is in fixed income. When we look at our portfolio we’re looking at relative strength. We’re looking to compare different ETFs against each other.”

Blumenthal in WSJ on Valuations And Forward Returns

Posted on 12.08.15 |

CMG Capital Management Group CEO Steve Blumenthal analyzes stock valuations and projected forward returns of the U.S. equity market for a column in The Wall Street Journal. Excerpt:

“Valuation metrics can tell us a lot about probable forward returns,” says Mr. Blumenthal. The table helps drive home the point that buying stocks when they are reasonably priced relative to company earnings increases the odds of decent long-term returns. By contrast, historically when the P/E ratio was at a high level, the index didn’t perform well over the next 10 years, he says.

See the full story in The Wall Street Journal: Aha! How Stock Valuations Can Shape Long-Term Returns.