About CAPTX
Canterbury Portfolio Thermostat Fund Class I Shares is a tactical allocation mutual fund designed to pursue long‑term, risk‑adjusted growth through dynamic shifts across asset classes. The strategy actively adjusts exposures among global equities, fixed income, alternatives, and cash to align with prevailing market conditions, aiming to smooth volatility and limit drawdowns while maintaining portfolio efficiency. The fund employs an adaptive process informed by market state assessments—tilting more aggressively in stable, bullish regimes and defensively in unstable, bearish periods—with allocations often implemented via exchange‑traded funds and cash equivalents. Classified in the Tactical Allocation category, it seeks both capital appreciation and income by rotating across sectors and regions as opportunities and risks evolve. The portfolio typically holds a focused set of positions, including equity sector ETFs, factor or equal‑weight exposures, defensive assets like gold, and selective cash or short positions to moderate risk. Its role in the market is to serve investors seeking a rules‑based, multi‑asset approach that adapts to changing conditions rather than adhering to static benchmarks, emphasizing consistency of volatility and drawdown control over full‑cycle performance.
Fund Family Canterbury Investment Management
Category Tactical Allocation
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol CAPTX
Share Class Institutional Shares
Index MSCI World TR USD
CAPTX had a total return of 17.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.11%.
