Investment Objective

Achieve similar long-term performance of the S&P 500 Index with less risk

Investment Strategy

  • Investment in low cost, highly liquid S&P equity ETF.
  • Purchase exchange traded put options to provide downside protection.
  • Sell exchange traded call options to capture implied volatility premiums.
  • Actively manage option portfolio to maintain consistent market exposure.

Investment Advantages

  • Reduced draw-downs relative to S&P 500 Index.
  • Attempt to achieve positive capture ratio greater than 1 by capturing the majority of the upside performance of the S&P 500 with lower risk.
  • Objective, quantitative, and disciplined risk management.
Growth of $10,000
Total Return %YTD1 Yr3 Yr
(annualized)
Since Reorganization
(10/26/2020)
West Hills Core Fund+6.34%+17.11%+8.03%+46.75%
Index; Morning Star Moderate Conservative Target Risk TR+2.52%+9.42%+1.27%+10.89%
S&P 500 TR+10.56%+29.88%+11.49%+60.10%
Annual Performance %202120222023
West Hills Core Fund22.61%11.71%16.22%
+/- Index; Morning Star Moderate Conservative Target Risk TR6.36%13.85%10.89%
+/- S&P 500 TR28.71%18.11%26.29%
Peak to Trough Monthly Closings
West Hills Core Fund-17.35%-17.35%
S&P 500 TR-23.87%-23.87%

Performance as of March 31, 2024

SymbolCUSIP
LEBOX352005201
Management FeesTotal Ratio
.99%1.5%

Contact Us

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Fund Manager

Alan McClymonds

Alan McClymonds has been portfolio manager of the West Hills Core Fund since October, 2020. He is personally invested in the fund.

Mr. McClymonds has over 40 years of investing experience. During his career he has been a portfolio manager for Western Asset in Pasadena, CA, and was a Sr. Managing Director for UBS in Stamford, CT.

Mr. McClymonds has a BA in Economics from Colgate University.