New Century Advisors, LLC (“NCA LLC”), founded in March 2002, provides discretionary
fixed-income and US Small Cap Equity portfolio management services primarily utilizing
separate accounts. The headquarters is located at 2 Wisconsin Circle, Suite 940, Chevy
Chase, Maryland, 20815. New Century has also opened an office in New Rochelle, NY,
Aspen, CO, Pittsburgh, PA and Del Mar, CA. The primary functions performed in the New
York, Colorado and Pennsylvania offices are investment research and trading. The primary
functions performed in California are marketing and business development.
New Century Advisors, LLC also provides investment management services to clients in
wrap fee programs sponsored by a bank or broker-dealer (“BD”). There is no difference in
New Century Advisors, LLC’s investment management strategy or philosophy between
wrap fee accounts and its other clients. Wrap-fee programs, which are described in more
detail in the applicable disclosure brochures published by their respective sponsors,
charges its clients a bundled asset-based fee for an array of investment services, such as
brokerage, advisory, research, custody and management services. New Century Advisors,
LLC does not sponsor a wrap fee program.
Listed below are the firm's principal shareholders (i.e., those individuals and/or entities
controlling 25% or more of this company).
Ellen B. Safir
Nils C. Overdahl
NCA LLC offers the following investment strategies to clients:
Short Duration Plus Bond – portfolios that seek to preserve and enhance the real
value of assets relative to a U.S. benchmark, e.g. Merrill Lynch 1-3 year Treasury.
Core Bond - portfolios that seek to achieve a value-added rate of return relative to a
U.S. benchmark, e.g. Bloomberg
Barclays Aggregate Index.
Intermediate Core Bond - portfolios that seek to achieve a value-added rate of
return relative to a U.S. benchmark, e.g. Bloomberg Barclays U.S. Intermediate
Aggregate Index.
US TIPS - portfolios that seek to achieve a value-added rate of return relative to a
U.S. benchmark, e.g. Bloomberg Barclays U.S. TIPS Index, Bloomberg Barclays 1-5
TIPS Index.
Global Inflation Linked (Hedged and Unhedged strategies) - portfolios that seek
to achieve a value-added rate of return relative to a non-U.S. benchmark, e.g.
Barclays Global Bond Index.
Multi-Asset Real Return Strategy - portfolios that seek to achieve a value-added
rate of 300 basis points above the 12-month Consumer Price Index (CPI) level.
US Small Cap Equity Strategy - strategy seeks long-term capital growth and may
offer downside protection through risk management. The strategy benchmark is the
Russell 2000 Index.
NCA LLC tailors its strategies to a client’s needs. NCA LLC works closely with clients to: 1)
determine the risk and return objectives, 2) define the asset allocation, and 3) select
specific securities and market sectors. NCA LLC assumes discretionary responsibility for all
aspects of the day-to-day management and investment of the client’s account.
Clients can impose investment guideline restrictions on investing in certain securities or
types of securities.
NCA LLC may invest client assets in other types of securities, including fixed income
securities, individual equity securities, options, currency, futures, forward contracts and
exchange traded funds (ETFs).
As of 12/31/2023, New Century Advisors, LLC managed $ 3,951,461,460 in client assets
on a discretionary basis. NCA does not manage assets on a non-discretionary basis.