ASYMMETRY® Glossary ASYMMETRY® Investment Program
The ASYMMETRY® Investment Program is the name our Form ADV uses for Shell Capital Management’s discretionary portfolio management. On this website, the same service is called ASYMMETRY® Managed Portfolios.
In brief
What the program is.
| The service | Discretionary, separately managed portfolios, each held in the client’s own name at Goldman Sachs Custody Solutions. |
|---|---|
| The objective | Returns that are asymmetrically favorable over a full market cycle: meaningful participation in rising markets, and smaller losses in falling ones. An objective, not a promise. |
| The process | Trend signals direct exposure toward markets in rising trends. Every position has its exit and its size set before it is bought, and predefined risk is counted across the whole portfolio. Exposure is reduced as conditions weaken. A price can gap past a planned exit. |
| Who manages it | Mike Shell, founder and chief investment officer, personally. |
| Who it’s for | Investors and families with $5 million or more. |
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