Hope for the Best, Prepare for the Worst

Being prepared starts with knowing the truth about black swans, bear markets, and portfolio construction.

The Dual Dilemma

Low yields punish savers, but a rise in yields will hurt bond values.

Meanwhile, the U.S. stock values are near all-time highs.

It’s a Rock and a Hard Place Scenario

Bleak Future of Bonds

Recent White Paper

Navigating Bond Risks Threatening Traditional Portfolio Construction

Why Avoiding Big Losses Matters


Avoiding big losses is more important over time than capturing big gains.

Math Matters

Popular White Paper

Rethinking the Math Behind Investment Returns

Defined Risk Investing

Investing Redefined®

Client-Centered, Outcome-Oriented

We believe an investment approach should be designed around the investor’s best interest, not a trend or what is easiest to “sell.”

In an industry focused on products, we offer a solution.

What Do You Bench?


Achieving long-term goals is more about consistency of returns and less about beating a benchmark.

The Target Return Band Is Our Benchmark

Latest Resources

Review the latest research, insights, and commentary from Swan portfolio management team.


Our proven investment process is distinctly Aways Invested, Always Hedged.


Access the Defined Risk Strategy through multiple investment solutions.


See how the DRS has redefined the risk/return profile of equity investing.


Meet the investment management team behind the Defined Risk Strategy.

Investing Redefined®

Markets tend to go up over time,
Severe losses can derail investors’ goals,
Always Invested, Always Hedged

Real Thought Leadership

A Message from Founder, Randy Swan

Randy Swan discusses how our distinct approach, the Defined Risk Strategy, is designed to help investors generate consistent returns while protecting irreplaceable capital through market cycles.

Meet Swan Global Investments

Learn more about the Swan Investment Management team and the unique design of our Defined Risk Strategy.