Eduard Hamamjian
Por�olio Manager
TOTAL RETURN
GeaSphere Advisors LLC
P.O. Box 20376 Cranston RI 02920
Office 401­351­4900
Eduard@geasphere.com
www.geasphere.com
STRATEGY
PERFORMANCE
The stock selection process is based on analysis of profitable companies utilizing strict equity price to free cash flow
guidelines. Relationships of free cash flow to the multiple of free cash flow are measured to determine whether the stock
makes it into the portfolio. Stocks are selected based on historic low price to free cash flow relationships.
As of Date: 1/31/2016
In structuring the portfolio, risk (beta) is reduced in various ways. Specifically, equities are purchased in pairs of low
correlating asset classes as measured by historical price to free cash flow returns and its impact on the equity price.
YTD
Further, the buying focus is on equities in bullish sectors of U.S. markets. This discipline forces the purchase of equities
that benefit from larger market and economic trends.
As equities are identified, further technical and weighting indicators are then applied. This enhances the fundamental
analysis by adding a critical timing element to the buy/sell equation.
Total Return
DJ Moderate
-7.26
-1.55
1 Year
-12.94
-1.80
2 Years
-4.24
3.30
3 Years
1.31
5.43
5 Years
2.38
6.47
10 Years
—
5.62
15 Years
—
5.63
8.80
9.54
Since Inception
PERFORMANCE
Time Period: 12/2/2008 to 1/31/2016
120.0%
100.0%
80.0%
60.0%
40.0%
20.0%
0.0%
-20.0%
2009
2010
2011
GeaSphere Total Return
2012
83.0%
2013
2014
2015
Dow Jones Moderately Conservative
92.2%
Actively Managed Total Return Portfolio
HOLDINGS-BASED STYLE MAP
RISK-REWARD
RISK METRICS
Time Period: Since Inception to 1/31/2016
Time Period: Since Inception to 1/31/2016
Giant
10.0
Large
8.0
Mid
Return
Small
Micro
Core
Core-Grth
High-Grth
0.00
1.20
1.00
Alpha
-3.00
0.00
Standard Deviation
10.30
6.13
0.69
1.37
Sharpe Ratio
2.0
Core-Val
-1.80
Beta
4.0
Deep-Val
DJ Moderate
Excess Return
6.0
R-Squared
Up Capture Ratio
0.0
0.0
Total Return
2.0
4.0
Standard Deviation
6.0
8.0
10.0
12.0 Down Capture Ratio
50.80
100.00
105.78
100.00
148.34
100.00
Eduard Hamamjian
Por�olio Manager
TOTAL RETURN
Asset Allocation
GICS Equity Sectors
Portfolio Date: 1/31/2016
Portfolio Date: 1/31/2016
GeaSphere Advisors LLC
P.O. Box 20376 Cranston RI 02920
Office 401­351­4900
Eduard@geasphere.com
www.geasphere.com
%
Cash
%
0.3
US Equity
Energy
7.4
79.1
Materials
0.0
Non-US Equity
2.3
Industrials
0.3
US Bond
8.2
Consumer Discretionary
Non-US Bond
1.7
Consumer Staples
Other
8.4
Healthcare
33.2
Total
100.0
Financials
27.4
Information Technology
10.4
19.7
1.3
Telecom Services
0.2
Utilities
0.0
Total
Equity Super Sectors
P/E Ratio
Time Period: Since Inception to 1/31/2016
Time Period: 11/1/2015 to 1/31/2016
100.0
P/E (Incl. Negative Values)(Weighted Average)
179,769,313,486,232,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000, 000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00
100.0
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
2009
2010
Cyclical %
2011
Defensive %
2012
2013
2014
Sensitive %
11/2015
12/2015
1/2016
2015
GeaSphere Total Return
DJ US Moderately Conservative TR USD
Top 10 Holdings
Portfolio Date: 1/31/2016
Health Care Select Sector SPDR® ETF
PowerShares QQQ ETF
Consumer Discret Sel Sect SPDR® ETF
iShares iBoxx $ Invst Grade Crp Bond
iShares Nasdaq Biotechnology
iShares US Preferred Stock
SPDR® S&P Regional Banking ETF
National Oilwell Varco Inc
SPDR® S&P Insurance ETF
Financial Select Sector SPDR® ETF
Portfolio
Weighting %
Total
Ret
YTD
(Daily)
15.00
15.00
13.00
10.00
10.00
10.00
10.00
6.00
6.00
5.00
-11.20
-13.94
-12.22
0.06
-26.69
-4.74
-17.72
-17.71
-9.07
-14.53
Risk of Loss: The value of securities and other investments may move up or down, sometimes rapidly and unpredictably. Securities markets can be volatile. A client account may at any point in time be worth less
than its initial value. Regardless of how well an individual investment performs, if financial markets decline, you could lose money. Investment in specific securities involves risks of loss due to a variety of
reasons.