https://www.anselmecapital.com/home daily 1.0 2020-11-16 https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1579230183397-LNHOPCBLQPAOGG55T1C5/Marc+%26+Alex.jpg Home - From our family to yours Supporting families to be financially independent and sustainable for over twenty years. https://www.anselmecapital.com/contact-us daily 0.75 2022-02-17 https://www.anselmecapital.com/general-2 daily 0.75 2023-09-05 https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/a41adece-bd48-4bbf-9ca9-3aadadeb5cf0/Charles_Schwab_%2814%29.png My Account https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1574597505390-P2OSLNIBDC2QIE92S1S8/interective.png My Account https://www.anselmecapital.com/resources-1 daily 0.75 2025-07-22 https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1579733830751-Y8CV69O4G9Z5EXF1JDHF/Cross%2BSection%2BExpected%2BStock%2BReturns.jpg Resources https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1579733853632-Z4OHM4KLLDINVQHKGBMG/Portfolio%2BSelection.jpg Resources https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1579733888512-WE09AKGXKBUMME5V8UTH/20140301_Trade-151_0124-copy.jpg Resources https://www.anselmecapital.com/about-us daily 0.75 2026-03-25 https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1580421901916-ISP15ZE6J6VPA1PON6ZU/iStock-970101532.jpg About Us - Our Commitment Your interest comes first. For this, we endorse fiduciary duty toward you, we disclose all conflicts of interest if they occur, we never derive any economic benefits from the funds we use, we are fee based and we keep all your costs transparent. We are dedicated to using data, mathematical techniques, published academic theories, and evidence based methods to design portfolios that are optimized for their risk/return characteristics. https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1574604035515-YV0S7JDQOD6B4NI8YKF6/AnselmeCapital_IMG%23-294_largeweb+s.jpg About Us https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1574604056597-07JS2KJ4DGYD1BNEG6C7/AnselmeCapital_IMG%23-398_largeweb+s.jpg About Us https://www.anselmecapital.com/our-services daily 0.75 2025-07-22 https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1597709056752-PYQF3XNUP7H35IAN2KT8/Efficient+Frontier.PNG Our Services The output of our algorithm is an efficient frontier, a family of portfolios, each with a very specific composition of the asset classes (including margin debt) we considered as input, each providing the highest historic return at their specific volatility. This family of portfolios is, by design, offering a very broad range of historic volatility so we can cater to all sorts of risk attitudes of our clients. https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1597709077275-WI03JI0P45X6TW8M6PAT/Efficient+Frontier+with+Leverage.JPG Our Services It turns out that a significant contribution to that efficient frontier is the use of leverage. We share this observation with the founders of the Risk Parity approach. It is important to note that leverage in and of itself does not mean increased risk. Reasonable leverage is used here to boost returns of very stable portfolios. Actual risk is better grasped by the standard deviation of total monthly return on equity, which is the x axis of our graphs. Also note that historically none of the portfolios we use come anywhere near margin call over the past 20+ years, and that period includes three rather dramatic equity crashes. Not all accounts can implement portfolios with leverage. IRAs in particular do not allow leverage. For this reason our algorithm produces not one but two sets of portfolios, one that uses leverage and one that doesn’t. The optimum portfolio family that includes margin debt represents a higher level of performance at any chosen volatility, a more efficient set of portfolios. We call these our Giboulées™ portfolios. https://www.anselmecapital.com/giboulees daily 0.75 2020-08-13 https://images.squarespace-cdn.com/content/v1/5dda55a3546b0626de1a5b0a/1597359368576-85KJT5JAPMM2M7VSLQWI/Efficient+Frontier.PNG Giboulees - The Output The output of our algorithm is the efficient frontier corresponding to all the asset classes provided as input. An efficient frontier is a family of portfolios, each with a very specific composition of the asset classes (including margin debt) we considered as input, each providing the highest historic return at their specific volatility. This family of portfolios is, by design, offering a very broad range of historic volatility so we can cater to all sorts of risk attitudes of our clients. We call these portfolios Giboulées™. Note that the highest volatility portfolios we design have a volatility always around that of the S&P500 for the same time period considered. None of the portfolios we design are riskier than that. _________________________ It turns out that a significant contribution to that efficient frontier is the use of leverage. We share this observation with the founders of the Risk Parity approach. It is important to note that leverage in and of itself does not mean increased risk. Reasonable leverage is used here to boost returns of very stable portfolios. Actual risk is better grasped by the standard deviation of total monthly return on equity, which is the x axis of our graphs. Also note that historically none of the portfolios we use come anywhere near margin call over the past 20+ years, and that period includes three rather dramatic equity crashes. Not all accounts can implement portfolios with leverage. IRAs in particular do not allow leverage. For this reason our algorithm produces not one but two efficient frontiers, one that uses leverage and one that doesn’t.