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Marketocracy Offers Actively Managed Model Portfolio for RIAs
According to the announcement, an mFOLIO is an actively managed model portfolio that RIAs can use to manage client accounts. The company’s affiliate, Marketocracy Capital Management, LLC offers separately managed accounts that invest in the stocks of mFOLIO Masters and allow investors to mix and match mFOLIOs to their personal investment needs and objectives.
Marketocracy has added Randolph McDuff to its team of mFOLIO Masters, the announcement said. He has one of the longest investing track records at Marketocracy and has beaten the S&P 500 Index with his RMG1 model fund by over 24% a year for the last 7 years and with his micro-cap RMG2 model fund by over 37% a year. RMG1 uses a “multi-zone,” or flexible portfolio, that has generated returns in multiple sectors.
“During a choppy market when it isn’t clear what sectors to be in, I want someone with a proven track record of successfully navigating through shifts in the market to make the call,” explained, Mark Taguchi, President of Marketocracy Data Services, in the announcement. “Most funds and managers invest only in a single sector or industry of the market and put the burden on the investor to decide when it is the right time to get in or out.”
More information can be found at www.marketocracy.com and http://m100.marketocracy.com/rmcduff_RMG1.
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