Education
BA, Mathematics, Magna Cum Laude, Boston College, 1982; MBA, Magna Cum Laude, College of William and Mary, 1986

Qualifications
Chief Investment Officer of Presbyterian Foundation, Vice President and High Yield Portfolio Manager, Loomis Sayles; Senior Vice President and Global Head of Corporate and High Yield Management, Baring Asset Management; Chartered Financial Analyst since 1992, Chartered Investment Counselor since 1992.

Investment Experience
30 years

Company Name
Cratus Capital LLC

Cratus Capital LLC

Daniel Johnedis, CFA, CIC, President and Chief Investment Officer Cratus Capital, LLC, a Registered Investment Adviser

Investment portfolio

The Cratus High Income Strategy is designed to provide high yield with minimal downside risk.  This strategy invests in very short term high income bond ETFs with a small position invested in small- and mid-cap high dividend stocks.  

Overall risk is minimized through extensive due diligence on all companies and ETFs which Cratus Capital includes in this strategy.  Interest rate risk is virtually non-existent as these bonds have very low durations.  High dividend paying stocks are added opportunistically for diversification but may not represent for more than 20% of the total market value of the portfolio.  This is a low volatility strategy.

Strategy
ETFs / Funds
Sharpe ratio
0.65 365 days
Performance
3.1% 365 days
Risk score
Fees
  • 0.75% fee
  • $20,000 min

Portfolio commentary

  1. Profile Picture The long game June 14, 2017

    In the long run, political dramas have little impact on stocks

  2. Profile Picture Beware of Dow 20,000 December 16, 2016
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Important Information

1. Performance of the Portfolio Manager's account is calculated by IB Asset Management on a daily time-weighted basis, including cash, dividends and earnings distributions and broker commissions. Manager returns include trades and positions that fail IB Asset Management's trading rules, as a result, actual client returns will differ. IB Asset Management advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".

2. Past performance is no guarantee of future results. Periodic and since inception performance returns are calculated daily. Monthly vs. S&P 500 return and the corresponding spark chart is calculated to the most recent month end date.

3. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by IB Asset Management, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.