GreatBear All Seasons Strategy

Diversified Portfolio Built with Discipline & Intelligence

A dynamic asset allocation strategy spanning global equities, fixed income, and alternatives—systematically constructed, tactically adjusted quarterly, and executed through managed accounts.

ETF Holdings Quarterly Rebalancing Managed via Interactive Brokers AI-Enhanced Research

Investing involves risks, including loss of capital

Strategy Overview

10%

Target annualised volatility

Max Sharpe

Risk-adjusted return objective

Quarterly

Rebalance frequency

60 / 40

Benchmark: MSCI ACWI / Bloomberg Agg

View Full Strategy Details →

02 — Methodology

Our Edge: Claude AI for Asset Allocation

We combine deep human judgment with the analytical rigour of Anthropic’s Claude AI to build and maintain portfolios that are robust, transparent, and continuously improving.

Claude AI is embedded in our investment process—not as a black box, but as an analytical partner. We use Claude to synthesise macro-economic research, stress-test allocation scenarios, screen country-level valuations against long-term averages, and model risk-return trade-offs across hundreds of potential portfolio configurations.

Every tactical tilt is debated, validated, and documented using AI-assisted analysis before human sign-off. This ensures consistency, reduces cognitive bias, and creates a full audit trail for every allocation decision.

Macro Synthesis Valuation Screening Scenario Analysis Risk Modelling Audit Trail

How Claude AI Fits In

Human Judgment + AI Rigour

Strategic Asset Allocation is set by the investment committee based on long-term capital market assumptions. Claude AI then assists in the tactical overlay—identifying where short-to-medium term macro conditions justify tilts within pre-defined guardrails. Country-specific equity picks are filtered through a valuation screen (P/E within ±5% of 10-year average), with Claude processing the underlying data across multiple geographies simultaneously.

03 — Construction

Portfolio Construction & Constraints

Every allocation decision operates within a defined framework of bands, tilts, and guardrails—ensuring discipline while preserving room for conviction.

Asset Class Bands

Equity 40–60% (SAA 55%)

Fixed Income 20–40% (SAA 20%)

Alternatives 10–30% (SAA 24%)

Cash Constant 1%

Equity Tilts

DM region / country ±20% rel. to ACWI

EM tactical bets ±30% rel. to ACWI

Countries <1% ACWI Excluded → region ETF

EM core (IEMG) SAA base; countries overlay

Bond Tilts

DM bonds 60–80% of FI (SAA 80%)

EM bonds 20–40% of FI (SAA 20%)

Individual instruments ±30% rel. to SAA

*EMLC +50% flagged as conviction breach

Portfolio Parameters

Target volatility 10% annualised

Objective Maximise Sharpe ratio

Rebalance Quarterly

Benchmark 60/40 ACWI / Agg

04 — Execution

Managed Accounts via Interactive Brokers

Your capital stays in your name, in your account. We manage the allocation—you retain full custody and transparency at all times.

Separate Managed Accounts

Portfolios are held in individually segregated accounts at Interactive Brokers—one of the world’s largest electronic brokerages. You always own the underlying ETFs directly.

Quarterly Rebalancing

Strategic allocations are reviewed annually. Tactical tilts are rebalanced every quarter (or after a >5% drawdown in any major asset class) within strict guardrails to capture opportunities without style drift.

Full Transparency

Real-time access to holdings, P&L, and transaction history through Interactive Brokers’ client portal. Every allocation decision is documented and available for review on request.

05 — Terms

Simple, Aligned Fee Structure

No performance fees. No hidden charges. Our interests are aligned with yours through a straightforward management fee.

$1 Mn minimum — Individuals

$5 Mn minimum — Institutions

Management Fee

1.00%

Annual, charged quarterly

Total Expense Ratio

1.25%

Inclusive of underlying ETF costs

Performance Fee

None

Zero. No hurdle, no catch.