Investment Strategy Holland Investment Management uses a Global Macro “Top Down” Investment Strategy to allocate client portfolio assets.Our goal is to diversify the portfolio using not just traditional asset classes such as stocks and bonds but also alternative asset classes which are less correlated to more traditional asset classes.All portfolios are divided into 4 categories representing 18 different asset classifications. I. Global Fixed IncomeUS CashNon-US CashUS Fixed IncomeNon-US Fixed IncomeII. Global Asset Allocation"Income-Oriented" Global Asset Allocation Funds (Equities less than 50%)"Growth-Oriented" Global Asset Allocation Funds (Equities greater than 50%)III. Global EquityUS Stocks (Yield Oriented Infrastructure: Utilities and MLP's)US Stocks (All Caps) (Growth & Value) (excluding Yield Oriented Utilities & Energy MLP's)Non-US Stocks – (Developed) (All Caps) (Growth & Value)Non-US Stocks – (Emerging ) (All Caps) (Growth & Value)Equity hedgesIV. Global AlternativesUS Real EstateNon-US Real EstateNon-Correlating Alternatives (Long-Short & Volatility Strategies)Non-Correlating Alternatives (Currencies)Gold BullionPM Related (Gold & Silver Miners/Silver Bullion/Other)CommoditiesWithin each of the 18 categories above, we can utilize actively managed open-end mutual funds, closed-end funds, exchange traded funds or individual securities.Open-End FundsWhen using actively managed funds we strive to select managers with:Long-term records of success navigating various market conditions.Consistently outperforming peers over 3, 5 and 10 year time frames.Reputations and success is in the area of expertise in which we have hired them.Transparent and understandable investment strategy.Managers who create value (alpha).Strong institutional support. Large, deep teams of analysts and independent research from parent mutual fund companies that are strong and stable.Exchange Traded FundsWe use ETF’s which trade with enough liquidity to make substantial portfolio moves for all our clients without any price degradationClosed-End FundsWe strive to purchase CEF’s at the more attractive end of their discount range and/or when the underlying assets are selling at a historical discount.Individual SecuritiesIndividual company securities are used for tactical and timely opportunities.