Successful investing requires six key qualities:

	An intense interest in investing.
	The time and experience required to manage your account in changing market environments.
	The emotional temperament to develop and implement an investment strategy with consistency regardless of current media coverage.
	An understanding of the risk of investing and a realistic approach to manage that risk.
	The focus to continually monitor the investment portfolio.
	Access to institutional-level investment and market research on a daily basis.

In-Depth Fund Research and Selection

PCM portfolios are composed primarily of commission-free mutual funds including when, as a Registered Investment Advisor, we are able to acquire a load fund without a commission. 

Our rationale is simple.  Any time you pay a load or commission, you decrease the earning power of your account without necessarily gaining any improvement in performance.

PCM’s proprietary fund selection process is used to develop diversified portfolio models of commission-free mutual funds. Asset allocations within each portfolio are weighted based on expectations as to which asset classes offer the greatest return potential with respect to the amount of risk we are willing to assume. These weightings change as market conditions change.

Criteria include three-year cumulative returns, bear market performance, rankings by leading investment analysis services, and other variables.

That information is combined with in-depth knowledge of the fund companies and managers, and news analysis of changes within the funds and investment companies, to prioritize buy and sell candidates.