Multi-Cycle Strategy

Asset Class Overview

Asset ClassEconomic ConditionRole in Portfolio
US StocksGrowth / RecoveryGrowth
Intl StocksGrowth / Weakening USDGrowth
US/Intl BondsDeflation / Falling RatesStability
TIPSInflationInflation Hedge
Sector FundsSector VariableCapture AI Tailwind
CommoditiesInflationUncorrelated Returns & Inflation Hedge
Managed Futures*High VolatilityUncorrelated Returns
CashVolatility / Rising RatesLiquidity

* Managed Futures Implementation Disclosure: Multi-Cycle Capital LLC utilizes Managed Futures strategies exclusively through Exchange-Traded Funds (ETFs) available through Lincoln Investment, as Lincoln Investment does not offer direct managed futures contracts.

05/2026