Bandon Capital Management, an investment management company, has completed the fifth year of its flagship investment strategy, DIRS - Directional Interest Rate Strategy.PARA_BREAK_SENTINEL_9f8e7d6c Bandon Capital Management, an investment management company, has completed the fifth year of its flagship investment strategy, DIRS - Directional Interest Rate Strategy. Bill Woodruff, founder and managing principal, says: 'We're incredibly proud of this milestone. This is an investment area where there is a tremendous amount of product development activity and innovation. As advisers and their clients increasingly seek non-correlated, absolute return strategies we stand out for both the length and strength of our track record.'
The strategy seeks to provide investors with absolute returns, uncorrelated with the equity and fixed income markets, by investing in the US treasury market using exchange-traded funds or mutual funds and is available to non-accredited investors.
Over the last five years the Directional Interest Rate Strategy has produced annualized returns of +7.09 per cent net of all fees. Over the same time period the S&P 500 has lost 2.15 per cent and the Barclay's Aggregate has returned +5.14 per cent.
