The family of 3EDGE Dynamic ETFs can be used standalone or serve as building blocks to construct multi-asset, diversified portfolios that not only seek to generate consistent, long-term investment returns but also seek to manage downside risks.
Our team of seasoned professionals has deep financial services and management experience. We have spent decades building and enhancing our model of the global capital markets, going back to 1871 to utilize over 150 years of market history. The investment team pays close attention to investment risks including black swan events, catalysts, and margins of safety, as well as a variety of proposed entry and exit strategies and tax considerations.
3EDGE Dynamic ETFs: Investment Team
Steve Cucchiaro
CEO & CIO
BIO
Eric Biegeleisen
Deputy CIO, CFA®
BIO
Monica Chandra
President
BIO
Fritz Folts
Chief Investment Strategist
BIO
Lawrence Jules
Head Trader
BIO
In his over 35 years of studying the global capital markets and managing investment portfolios, Mr. Cucchiaro has become known for using proprietary investment research methods including the application of concepts from system dynamics, complexity economics, artificial intelligence and multi-player game theory to analyze the global capital markets. Following a successful career as a management consultant, senior economist and technology entrepreneur, Mr. Cucchiaro founded and served as President & Chief Investment Officer of Windward Investment Management Inc., which was acquired by Charles Schwab in November 2010. At the acquisition, Windhaven Investment Management continued the business of Windward. From the early days of Windward through June 2014, assets under management under Mr. Cucchiaro’s tenure grew from less than $75 million to nearly $20 billion. After more than three years of working towards a successful transition following the acquisition, Mr. Cucchiaro left Windhaven in June 2014
Mr. Cucchiaro has appeared on Bloomberg TV and Radio, CNBC, Consuelo Mack’s Wealth Track and the Nightly Business Report, and has been quoted in The Wall Street Journal, Barron’s, The Financial Times, Forbes and BusinessWeek.
Mr. Cucchiaro earned an SB in Mathematics from M.I.T and an MBA in Finance from the Wharton School at the University of Pennsylvania. During the late 1970s, Mr. Cucchiaro was a member of the U.S. Olympic Team in yacht racing, was the national champion of his class in 1978, and was a Gold Medalist in the 1979 Pan American Olympic Games. He serves on the Board of Directors of the Institute for Health Metrics and Evaluation (IHME) and is a member of the M.I.T. Sloan Finance Group Advisory Board.
Mr. Biegeleisen is a member of the investment committee. He served with Steve Cucchiaro on the investment committees for both Windward and Windhaven Investment Management, Inc. His research effort is focused on discovering and exploring the interconnectedness of the global capital markets through quantitative and qualitative analyses, including utilizing machine learning algorithms. He is experienced in investment modeling, implementing efficient trading practices and has significant ETF industry experience. Prior to joining 3EDGE, Mr. Biegeleisen was the Director of Quantitative Research and Portfolio Manager at Beaumont Capital Management. He was the Chief Investment Officer and Portfolio Manager of Broadmeadow Capital, LLC an investment firm which he co-founded in 2014. Prior to this, he worked for Windhaven Investment Management as a Senior Investment Analyst and then Director of Research, leading the firm’s quantitative modeling, product due diligence and portfolio structuring. Before joining the investment industry, Mr. Biegeleisen was an engineer for General Dynamics and Textron, working to develop next-generation communications and defense solutions.
Mr. Biegeleisen has a BS in electrical engineering from Trinity College in Hartford, CT, an MS in electrical engineering from the University of Southern California, and an MBA from Boston University’s Questrom School of Business. He became a CFA® charterholder in 2011 and is an active member of the CFA Society Boston.
Ms. Chandra has more than 25 years of senior management experience, spanning innovative startups and large financial services firms. She was most recently the President and Co-founder of TurnRight Advice Solutions, providing an online mentoring platform to professional organizations and educational institutions. She has also held senior roles at Fidelity Investments within the firm’s retirement services and personal investing businesses, including Executive Vice President of Defined Contribution Product Development and Senior Vice President for Human Resources Strategy and Planning. Prior to Fidelity Investments, she helped co-found Harbor Software, a visual database tools company, and What-if-I Financial, a provider of online advice-based investing.
Ms. Chandra holds a Bachelor of Science in Chemistry from the University of Mumbai and a Master in Business Administration from Boston College. She serves on the Board of Trustees of Dana-Farber Cancer Institute, Inc. and on the Board of Trustees of the Museum of Fine Arts. She is a founding member of the Council for Women of Boston College and a recipient of the 2007 Distinguished Alumni Achievement Award from Boston College’s Carroll School of Management.
Mr. Folts served with Steve Cucchiaro for over 11 years on the investment committees at both Windward and Windhaven Investment Management, Inc. Most recently, he was the Chief Investment Strategist at Windhaven Investment Management. After the acquisition of Windward by Charles Schwab, Mr. Folts was responsible for the distribution of Windhaven’s investment solutions throughout the entire Charles Schwab nationwide retail branch network. He and his team raised over $15 billion in new assets under management. Prior to joining Windhaven, Mr. Folts was co-founder and served as President of Saugatuck Securities, a registered broker dealer firm which provided investment banking and capital raising services to hedge fund and private equity firms. Mr. Folts began his career at The Boston Company, where he served as Vice President and Director of Global Funding for the then newly formed Boston Safe Deposit & Trust Co., (U.K.) Ltd., in London, England.
Mr. Folts received his BA with a major in Political Science from Connecticut College and his MBA from IESE (Instituto Estudios Superiores de la Empresa), a bilingual Spanish - English MBA program in Barcelona, Spain. He is the former Chair of the Board of Trustees at Connecticut College and now serves as an Emeritus Trustee. Fritz currently serves on the Investment Committee for the Connecticut College endowment fund. He also serves on the Investment Committee for the Umbrella Center for the Arts in Concord, MA. Mr. Folts also serves on the U.S. Advisory Council for the IESE Business School in Barcelona, Spain.
Lawrence Jules is 3EDGE Asset Management's Vice President, Head Trader and a member of the Investment Committee. Lawrence has over 25 years of hands-on investment management, research, and trading experience, including 20 years of overseeing and implementing large rebalances. His background includes credit-market analysis and collaborating with investment research teams to analyze and develop new ETFs.
Before 3EDGE, he was at Charles Schwab Investment Management for over 13 years, most recently as Director, Head Trader of SMA Products. Previously, he served as a Senior Analyst at the Federal Reserve Bank of Boston. Lawrence has a Master of Arts in Government from Harvard University, an MBA with Honors from Solvay Business School, University of Brussels, and a Bachelor's degree in Economics from Boston University. Actively engaged in philanthropic efforts, Lawrence is a member of the Finance Committee for Boston Foundation's Haiti Development Institute, focusing on Haiti's rural sector.
Steve Cucchiaro
CEO & CIO
BIO
Eric Biegeleisen
Deputy CIO, CFA®
BIO
Monica Chandra
President
BIO
In his over 35 years of studying the global capital markets and managing investment portfolios, Mr. Cucchiaro has become known for using proprietary investment research methods including the application of concepts from system dynamics, complexity economics, artificial intelligence and multi-player game theory to analyze the global capital markets. Following a successful career as a management consultant, senior economist and technology entrepreneur, Mr. Cucchiaro founded and served as President & Chief Investment Officer of Windward Investment Management Inc., which was acquired by Charles Schwab in November 2010. At the acquisition, Windhaven Investment Management continued the business of Windward. From the early days of Windward through June 2014, assets under management under Mr. Cucchiaro’s tenure grew from less than $75 million to nearly $20 billion. After more than three years of working towards a successful transition following the acquisition, Mr. Cucchiaro left Windhaven in June 2014
Mr. Cucchiaro has appeared on Bloomberg TV and Radio, CNBC, Consuelo Mack’s Wealth Track and the Nightly Business Report, and has been quoted in The Wall Street Journal, Barron’s, The Financial Times, Forbes and BusinessWeek.
Mr. Cucchiaro earned an SB in Mathematics from M.I.T and an MBA in Finance from the Wharton School at the University of Pennsylvania. During the late 1970s, Mr. Cucchiaro was a member of the U.S. Olympic Team in yacht racing, was the national champion of his class in 1978, and was a Gold Medalist in the 1979 Pan American Olympic Games. He serves on the Board of Directors of the Institute for Health Metrics and Evaluation (IHME) and is a member of the M.I.T. Sloan Finance Group Advisory Board.
Mr. Biegeleisen is a member of the investment committee. He served with Steve Cucchiaro on the investment committees for both Windward and Windhaven Investment Management, Inc. His research effort is focused on discovering and exploring the interconnectedness of the global capital markets through quantitative and qualitative analyses, including utilizing machine learning algorithms. He is experienced in investment modeling, implementing efficient trading practices and has significant ETF industry experience. Prior to joining 3EDGE, Mr. Biegeleisen was the Director of Quantitative Research and Portfolio Manager at Beaumont Capital Management. He was the Chief Investment Officer and Portfolio Manager of Broadmeadow Capital, LLC an investment firm which he co-founded in 2014. Prior to this, he worked for Windhaven Investment Management as a Senior Investment Analyst and then Director of Research, leading the firm’s quantitative modeling, product due diligence and portfolio structuring. Before joining the investment industry, Mr. Biegeleisen was an engineer for General Dynamics and Textron, working to develop next-generation communications and defense solutions.
Mr. Biegeleisen has a BS in electrical engineering from Trinity College in Hartford, CT, an MS in electrical engineering from the University of Southern California, and an MBA from Boston University’s Questrom School of Business. He became a CFA® charterholder in 2011 and is an active member of the CFA Society Boston.
Ms. Chandra has more than 25 years of senior management experience, spanning innovative startups and large financial services firms. She was most recently the President and Co-founder of TurnRight Advice Solutions, providing an online mentoring platform to professional organizations and educational institutions. She has also held senior roles at Fidelity Investments within the firm’s retirement services and personal investing businesses, including Executive Vice President of Defined Contribution Product Development and Senior Vice President for Human Resources Strategy and Planning. Prior to Fidelity Investments, she helped co-found Harbor Software, a visual database tools company, and What-if-I Financial, a provider of online advice-based investing.
Ms. Chandra holds a Bachelor of Science in Chemistry from the University of Mumbai and a Master in Business Administration from Boston College. She serves on the Board of Trustees of Dana-Farber Cancer Institute, Inc. and on the Board of Trustees of the Museum of Fine Arts. She is a founding member of the Council for Women of Boston College and a recipient of the 2007 Distinguished Alumni Achievement Award from Boston College’s Carroll School of Management.
Fritz Folts
Chief Investment Strategist
BIO
Lawrence Jules
Head Trader
BIO
Mr. Folts served with Steve Cucchiaro for over 11 years on the investment committees at both Windward and Windhaven Investment Management, Inc. Most recently, he was the Chief Investment Strategist at Windhaven Investment Management. After the acquisition of Windward by Charles Schwab, Mr. Folts was responsible for the distribution of Windhaven’s investment solutions throughout the entire Charles Schwab nationwide retail branch network. He and his team raised over $15 billion in new assets under management. Prior to joining Windhaven, Mr. Folts was co-founder and served as President of Saugatuck Securities, a registered broker dealer firm which provided investment banking and capital raising services to hedge fund and private equity firms. Mr. Folts began his career at The Boston Company, where he served as Vice President and Director of Global Funding for the then newly formed Boston Safe Deposit & Trust Co., (U.K.) Ltd., in London, England.
Mr. Folts received his BA with a major in Political Science from Connecticut College and his MBA from IESE (Instituto Estudios Superiores de la Empresa), a bilingual Spanish - English MBA program in Barcelona, Spain. He is the former Chair of the Board of Trustees at Connecticut College and now serves as an Emeritus Trustee. Fritz currently serves on the Investment Committee for the Connecticut College endowment fund. He also serves on the Investment Committee for the Umbrella Center for the Arts in Concord, MA. Mr. Folts also serves on the U.S. Advisory Council for the IESE Business School in Barcelona, Spain.
Lawrence Jules is 3EDGE Asset Management's Vice President, Head Trader and a member of the Investment Committee. Lawrence has over 25 years of hands-on investment management, research, and trading experience, including 20 years of overseeing and implementing large rebalances. His background includes credit-market analysis and collaborating with investment research teams to analyze and develop new ETFs.
Before 3EDGE, he was at Charles Schwab Investment Management for over 13 years, most recently as Director, Head Trader of SMA Products. Previously, he served as a Senior Analyst at the Federal Reserve Bank of Boston. Lawrence has a Master of Arts in Government from Harvard University, an MBA with Honors from Solvay Business School, University of Brussels, and a Bachelor's degree in Economics from Boston University. Actively engaged in philanthropic efforts, Lawrence is a member of the Finance Committee for Boston Foundation's Haiti Development Institute, focusing on Haiti's rural sector.
Steve Cucchiaro
CEO & CIO
BIO
Eric Biegeleisen
Deputy CIO, CFA®
BIO
In his over 35 years of studying the global capital markets and managing investment portfolios, Mr. Cucchiaro has become known for using proprietary investment research methods including the application of concepts from system dynamics, complexity economics, artificial intelligence and multi-player game theory to analyze the global capital markets. Following a successful career as a management consultant, senior economist and technology entrepreneur, Mr. Cucchiaro founded and served as President & Chief Investment Officer of Windward Investment Management Inc., which was acquired by Charles Schwab in November 2010. At the acquisition, Windhaven Investment Management continued the business of Windward. From the early days of Windward through June 2014, assets under management under Mr. Cucchiaro’s tenure grew from less than $75 million to nearly $20 billion. After more than three years of working towards a successful transition following the acquisition, Mr. Cucchiaro left Windhaven in June 2014
Mr. Cucchiaro has appeared on Bloomberg TV and Radio, CNBC, Consuelo Mack’s Wealth Track and the Nightly Business Report, and has been quoted in The Wall Street Journal, Barron’s, The Financial Times, Forbes and BusinessWeek.
Mr. Cucchiaro earned an SB in Mathematics from M.I.T and an MBA in Finance from the Wharton School at the University of Pennsylvania. During the late 1970s, Mr. Cucchiaro was a member of the U.S. Olympic Team in yacht racing, was the national champion of his class in 1978, and was a Gold Medalist in the 1979 Pan American Olympic Games. He serves on the Board of Directors of the Institute for Health Metrics and Evaluation (IHME) and is a member of the M.I.T. Sloan Finance Group Advisory Board.
Mr. Biegeleisen is a member of the investment committee. He served with Steve Cucchiaro on the investment committees for both Windward and Windhaven Investment Management, Inc. His research effort is focused on discovering and exploring the interconnectedness of the global capital markets through quantitative and qualitative analyses, including utilizing machine learning algorithms. He is experienced in investment modeling, implementing efficient trading practices and has significant ETF industry experience. Prior to joining 3EDGE, Mr. Biegeleisen was the Director of Quantitative Research and Portfolio Manager at Beaumont Capital Management. He was the Chief Investment Officer and Portfolio Manager of Broadmeadow Capital, LLC an investment firm which he co-founded in 2014. Prior to this, he worked for Windhaven Investment Management as a Senior Investment Analyst and then Director of Research, leading the firm’s quantitative modeling, product due diligence and portfolio structuring. Before joining the investment industry, Mr. Biegeleisen was an engineer for General Dynamics and Textron, working to develop next-generation communications and defense solutions.
Mr. Biegeleisen has a BS in electrical engineering from Trinity College in Hartford, CT, an MS in electrical engineering from the University of Southern California, and an MBA from Boston University’s Questrom School of Business. He became a CFA® charterholder in 2011 and is an active member of the CFA Society Boston.
Monica Chandra
President
BIO
Fritz Folts
Chief Investment Strategist
BIO
Ms. Chandra has more than 25 years of senior management experience, spanning innovative startups and large financial services firms. She was most recently the President and Co-founder of TurnRight Advice Solutions, providing an online mentoring platform to professional organizations and educational institutions. She has also held senior roles at Fidelity Investments within the firm’s retirement services and personal investing businesses, including Executive Vice President of Defined Contribution Product Development and Senior Vice President for Human Resources Strategy and Planning. Prior to Fidelity Investments, she helped co-found Harbor Software, a visual database tools company, and What-if-I Financial, a provider of online advice-based investing.
Ms. Chandra holds a Bachelor of Science in Chemistry from the University of Mumbai and a Master in Business Administration from Boston College. She serves on the Board of Trustees of Dana-Farber Cancer Institute, Inc. and on the Board of Trustees of the Museum of Fine Arts. She is a founding member of the Council for Women of Boston College and a recipient of the 2007 Distinguished Alumni Achievement Award from Boston College’s Carroll School of Management.
Mr. Folts served with Steve Cucchiaro for over 11 years on the investment committees at both Windward and Windhaven Investment Management, Inc. Most recently, he was the Chief Investment Strategist at Windhaven Investment Management. After the acquisition of Windward by Charles Schwab, Mr. Folts was responsible for the distribution of Windhaven’s investment solutions throughout the entire Charles Schwab nationwide retail branch network. He and his team raised over $15 billion in new assets under management. Prior to joining Windhaven, Mr. Folts was co-founder and served as President of Saugatuck Securities, a registered broker dealer firm which provided investment banking and capital raising services to hedge fund and private equity firms. Mr. Folts began his career at The Boston Company, where he served as Vice President and Director of Global Funding for the then newly formed Boston Safe Deposit & Trust Co., (U.K.) Ltd., in London, England.
Mr. Folts received his BA with a major in Political Science from Connecticut College and his MBA from IESE (Instituto Estudios Superiores de la Empresa), a bilingual Spanish - English MBA program in Barcelona, Spain. He is the former Chair of the Board of Trustees at Connecticut College and now serves as an Emeritus Trustee. Fritz currently serves on the Investment Committee for the Connecticut College endowment fund. He also serves on the Investment Committee for the Umbrella Center for the Arts in Concord, MA. Mr. Folts also serves on the U.S. Advisory Council for the IESE Business School in Barcelona, Spain.
Lawrence Jules
Head Trader
BIO
Lawrence Jules is 3EDGE Asset Management's Vice President, Head Trader and a member of the Investment Committee. Lawrence has over 25 years of hands-on investment management, research, and trading experience, including 20 years of overseeing and implementing large rebalances. His background includes credit-market analysis and collaborating with investment research teams to analyze and develop new ETFs.
Before 3EDGE, he was at Charles Schwab Investment Management for over 13 years, most recently as Director, Head Trader of SMA Products. Previously, he served as a Senior Analyst at the Federal Reserve Bank of Boston. Lawrence has a Master of Arts in Government from Harvard University, an MBA with Honors from Solvay Business School, University of Brussels, and a Bachelor's degree in Economics from Boston University. Actively engaged in philanthropic efforts, Lawrence is a member of the Finance Committee for Boston Foundation's Haiti Development Institute, focusing on Haiti's rural sector.
3EDGE Office Locations
Naples
999 Vanderbilt Beach Road
Suite 200
Naples, FL 34108
844.903.3343
Boston
225 Franklin Street
26th Floor
Boston, MA 02110
844.903.3343
Los Angeles
6060 Center Drive
10th Floor
Los Angeles, CA 90045
844.903.3343
Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's full or summary prospectus, which may be obtained by visiting 3edgeetfs.com/assets/pdfs/3EDGE_Prospectus.pdf. Read the prospectus carefully before investing.
Risk Considerations:
Investing involves risk, including possible loss of principal. There is no guarantee the Funds will achieve their stated investment objectives. Because the Funds invest in other investment companies, including ETFs, they will bear additional expenses based on its pro rata share of the other investment company’s or ETF’s operating expenses, including the management fees of the Underlying Fund(s) in addition to those paid by the Funds. The risk of owning an Underlying Fund(s) generally reflects the risks of owning the underlying investments the Underlying Fund(s) holds. The Funds will also incur brokerage costs when they purchase and sell ETFs. There is no guarantee that risk management will be successful.
ETFs are subject to specific risks, depending on the nature of the underlying strategy of the fund. These risks could include liquidity risk, sector risk, as well as risks associated with fixed income securities, real estate investments, and commodities, to name a few. While the shares of ETFs are tradeable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
The Funds may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.
Because the Funds are new, investors in the Funds bear the risk that the Funds may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the Funds being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders. Such liquidation could have negative tax consequences for shareholders and will cause shareholders to incur expenses of liquidation.
The Adviser has not previously served as an adviser to a registered investment company. As a result, investors do not have a track record of managing an ETF from which to judge the Adviser, and the Adviser may not achieve the intended result in managing the Funds.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
The Funds are distributed by SEI Investments Distribution Co (SIDCO, 1 Freedom Valley Drive, Oaks, PA 19456) which is not affiliated with 3EDGE Asset Management. Check the background of SIDCO on FINRA’s BrokerCheck.