FCM believes that successful hedge fund investing requires a risk-based investment strategy characterized by broad diversification, controlled volatility, careful manager selection, and active ongoing management. By controlling the low volatility of our core investment portfolio, we strive to provide our investors with consistent levels of absolute return in all market conditions.

FCM utilizes a combination of Bottom Up and Top Down analysis when selecting managers and strategies for the Concert program. We monitor strategy bucket and manager volatility covariance and maintain consistent portfolio performance. Risk-adjusted returns of strategy buckets and individual managers are measured to identify their impact on the portfolio. Marginal Sharpe and Heat Map calculations quantify the relative impact of new strategies and managers on portfolio Sharpe and consistency. Additional proprietary risk management tools are used to measure the stability of volatility and stability of correlation to ensure consistent absolute returns and reliability of performance.