Lighthouse Long-Short Credit

Long-Short Credit

Lighthouse Accounts: Alternative

FACTS AND DATASHEET

The Lighthouse Long-Short Credit Account seeks to profit from changes in the credit conditions of individual bond issuers and credit markets segments represented by credit indexes. The portfolio manager purchases bonds, or sells credit default swaps, with the expectation of profiting from narrowing credit spreads. Conversely, the manager may sell bonds, or purchase credit default swaps, with the expectation of profiting from the deteriorating credit of the underlying issuer. The account utilizes credit derivatives to hedge systematic risk of credit markets to isolate credit selection returns. It frequently uses derivatives to hedge interest rate risk.

Common benchmarks: Barclays US Agg Bond TR USD; BofAML USD LIBOR 3 Mon CM

3-Year Annualized Time-Weighted Return [1]

15.51%

Benchmark 3-Year Annualized Return (SP 500) [2]

13%

Risk (Scale 1 to 5) [3]

Average - 3

Annual Yield [4]

Average 4.28%

Annual Fee (Scale 0.01 to 2.00%) [5]

Low 0.25%
0
%

OVERALL SCORE

Core Facts

Asset Class Alternative
Sub-Class Long-Short Credit
Expense Ratio [6] 0.0%
Minimum investment [7] $0.00 US
Account number 079
Account manager Galleon Wealth Management
Region Global
Market Developed

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Performance

Risk

The risk rating is based on the account’s past performance as compared to mutual funds and/or ETFs within the same category. It represents a starting point from which investors evaluate if the core makes sense for their own risk tolerance, suitability, goals and objectives. It is not a buy or sell recommendation.

CEO Account

S&P 500

Bloomberg Barclays US Aggregate Bond Index

Account Value (US)Our Donation
$25,000$125
$50,000$250
$100,000$375
$500,000$1,250
$1,000,000$2,500
>$1,000,000$2,500 + 10% of fee

Management

Strategy Income
Style Active
Objectives Income

Social Investing

Green Portfolio No
Impact Investing Yes
Socially Responsible Yes

Tax and Charitable Information

Donor Qualified No
IRA Suitability Yes

1. Assumes even number of shares purchased at time of account inception. Actual returns may vary depending on when shares were purchased.

2. As of date of account inception.

3. Assumes that 1 equals low risk, while 5 equals extremely high risk.

4. Based on even number of shares purchased at time of account inception. Assumes that companies held in the account declared regular dividends as determined by their board of directions. Neither Global Advisers, nor Galleon Wealth Management assumes any responsibility for that amount of dividends paid. Dividend declared by any company are never guaranteed.

5. Based on industry standards and averages, whereas the average account management fee equals 1.5%. Does not include any commissions or other fees charged by custodian