Investing for Charity

For many of our clients, hedged equity is an effective strategy that we utilize to complement their long-
only equity allocation. These strategies, when implemented correctly, should provide equity-like returns and reduce the overall volatility of the portfolio.

Managing volatility is important when considering annual spending 
formulas and portfolio withdrawals. Moreover, we have worked extensively this year with our clients to implement investments that are designed to protect the portfolio from inflationary pressures but are not dependent on inflation for a successful investment outcome. FS