Home 2018-03-09T21:17:51+00:00


The Measured Risk Strategy Fund

an actively managed, tactical, short volatility fund, that can be bought and held.


Investors have choices as to where and how to allocate their assets

But what if there was an asset class that delivered an average of four times the average annual return of the S&P 500?

4x the average return of the S&P 500 for the 10-year period ended December 31, 2017



Introducing short volatility

The Short Volatility Index (SPVXSPIT) is that asset class.

Over each of the past 10 years (as of December 31, 2017), it has been either the highest-performing or the lowest-performing asset class.



Short Volatility Outperformance

Short volatility has delivered significant long-term outperformance relative to the S&P 500 Index. Yet the ride can be bumpy in the short-term.



The Ongoing Cycle of Volatility.

Volatility is an ongoing cycle.

Even through history’s most economic and financially unstable times—the most volatile periods in history—volatility spikes have been followed by a reversion to the mean.



Volatility is often misunderstood by investors, and overpriced.

Implied volatility—investor’s expectations of volatility—is typically far greater than actual or “realized” volatility. The fear of a future decline is historically greater than the declines that actually materialize.



What is the VIX?

The VIX measures the market’s expectation of 30-day volatility or “implied volatility,” and  serves as is a hedge for equity exposure, but that protection is expensive. You can’t buy the VIX directly, but you can buy VIX futures or Exchange Traded Products (ETPs) that provide exposure to long or short volatility.

But the risk of loss in these products in the short term is significant, including the risk of total loss.



Seeking to take advantage of pricing inefficiencies in the VIX in a cost effective way over the long-term?

The Measured Risk Strategy Fund: an actively managed, tactical, short volatility fund, that can be bought and held.

Contact us for more information


Measured Risk Portfolios was founded in 2007 by Larry Kriesmer, CLU, ChFC and Bernard Surovsky, CFS of Kingsroad Financial & Insurance Services to launch investment strategies that did not yet exist for their clients. Each has more than 20 years of experience trading and using options, and has been trading volatility as part of its strategies since 2013. The Measured Risk Strategy Fund was launched in 2016.

Quarterly Fact Sheet



XBRL Files
Account Form
Statement of Additional Information
Roth IRA Application Form
Simple IRA Application Form
IRA ApplicationForm
Roth IRA Financial Disclosure
Simple IRA Financial Disclosure