Exploratory Discussion & Introductory Process

Exploratory Discussion & Introductory Process


The 2000s have been challenging for most Foundations and Endowments. Generally speaking, the recession has caused your financial demands in increase and contributions to decrease. Your investment committee has worked hard to invest your fund prudently. They spent a great deal of time and effort working with investment consultants and investment managers. The expert’s conservative projections, using traditional risk management, are typically based on "normal" fluctuations and “historical” averages. The last decade was anything but “normal” or “average.” As you already know, the past high volatility and devastating declines have rendered most diversification models and “value at risk” projections virtually useless. Your past losses have been more than you could have imagined.


How can I make such a statement?

  • The S&P 500 closed 4/14/1998 at 1115.70 and closed at 1115.10 on 12/31/2009.
  • For almost 12 years, the S&P 500 has been volatile and made no money.
  • The vast majority of foundations and endowments equities did worse than the S&P 500.
  • During 2009Treasury bonds and notes had the highest volatility and worse decline in years in 2009.
  • Traditional risk management methods have not worked in volatile and declining markets.
  • When risk management fails, there is little or no chance of success.

The key to successful investing is having the ability to manage risk and volatility.


The Volatility Managed Portfolios program was created to help protect and grow investor’s capital through volatile markets.


The centerpiece, of Canterbury’s investment and risk management process, is the Portfolio Thermostat. The Portfolio Thermostat creates the possibility to actually benefit from Bear markets and volatile market cycles.

Exploratory Discussion and Introductory Process

Canterbury’s Exploratory Discussion is an open-ended discussion designed to allow us to meet each other and to give you an opportunity to ask questions and discuss philosophies. There is absolutely no cost or obligation for Canterbury’s Exploratory Discussion and Introductory Process.

Introductory Process