Sierra Core Retirement Fund
The Sierra Core Fund is geared toward retirees as well as other conservative investors, with two goals:
To protect your capital by attempting to limit volatility and downside risk, and specifically attempting to limit drawdowns (periods of decline in the fund’s Net Asset Value) to 4%-5% even during a month or quarter in which the stock market is very negative.
To produce satisfying Total Returns (dividend yield and capital gain distributions, plus-or-minus change in Net Asset Value), with a goal to average 8% to 10% per year Total Return through a market cycle.
The Sierra Core Retirement Fund is managed by a team with over 24 years of experience in managing private accounts with similar absolute return goals, for retirees and other conservative investors. However, as you know, there can be no assurance that these goals can be met, especially in the short term.