Provident Capital Management is committed to providing the investment community with high-quality absolute return and tactical solutions that are liquid and transparent. We offer an attractive alternative to hedge funds, mutual funds, and traditional buy and hold strategies.
What are Absolute Return Strategies?
"Absolute return funds look to make positive returns whether the overall market is up or down, while index-tracking funds try to beat the index they are tracking."
- Forbes, Investopedia
PCMs Absolute Return Strategies use low volitality investments such as cash and money market funds and then, at times selected by the manager, will take directional positions in index Exchange Traded Funds. The strategies historically offer low correlation to financial market performance such as the Standard and Poors 500 Stock Index (S&P 500 Index).
Two out of three households in America - an estimated 65 million households- will probably fail to realize one or more of their major life goals.
Shout if from the mountain tops.
What's the right portfolio for you or your clients? Provident Capital offers 4 portfolios that one can select that seek to replicate the risk and return characteristics of our Absolute Indexes. 