facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast blog search

Gyroscope Capital’s Optimal S&P 500 Sector Weight Strategy Awarded Five Star Morningstar Rating

NAPLES FL, – The Optimal S&P 500 Sector Weight Strategy received a five-star Morningstar RatingTM as of 9/30/2017 based on risk-adjusted returns for the preceding five years. The Morningstar Rating™, commonly known as the star rating, is a measure of a investment product's risk-adjusted return relative to similar strategies. SMA managers are rated from one to five stars, with the best performers receiving five stars. The Optimal S&P 500 Sector Weight Strategy is in the Morningstar Option Writing Separate Account Manager Category, which includes 30 SMA managers rated overall.

Launched on April 19th, 2013, the Optimal S&P 500 Sector Weight Strategy is a model SMA strategy that seeks risk-adjusted outperformance versus the CBOE S&P 500 Buy-Write Index while also generating additional income from the collection of dividends and a tactical option overlay. Additional details regarding strategy performance and strategy investment objectives are available at Gyroscope's website.

The Optimal S&P 500 Sector Weight Strategy is marketed to investment professionals by Gyroscope Capital Management Group, which is a premier investment advisory firm.

“We are pleased that Morningstar has recognized our Optimal S&P 500 Sector Weight Strategy with a five-star Morningstar RatingTM” said Mike Egan, President and strategist for Gyroscope Capital’s actively-managed SMA strategies. “This ranking signifies the value that we strive to provide our end clients and their advisors, and demonstrates the importance of our disciplined investment processes.”

.

DISCLOSURES

Past performance is not indicative of future results.

© 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Optimal S&P 500 Sector Weight Strategy was rated against the following numbers of Option Writing strategies over the following time periods: 30 strategies in the last three years, 26 strategies in the last five years, and 10 strategies in the last ten years. Past performance is no guarantee of future results.

The Morningstar RatingTM for funds, or "star rating", is calculated for separate accounts with at least a three-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.