Wright Momentum Portfolio is our flagship momentum focused portfolio. The Portfolio is managed by Sonam Srivastava , launched in 2020 to provide our investors access to the momentum rally. It is available directly on Wright Research and on Smallcase, where it is one of the longest running & most popular momentum portfolios.
This page will provide you with an in-depth understanding of the Wright Momentum portfolio , how it is formed, the investing approach, important factors to consider when investing in momentum strategies, past performance of the momentum portfolio & its constituents and how you can get started. We also answer the most frequently asked questions about the Wright Momentum portfolio. We will cover the following topics:
- Key Highlights of Momentum Portfolio
- Investing in Trends: The Power of Momentum
- Past Performance and Success Stories
- How is the Wright Research Momentum Portfolio made?
- How to Get Started with the Wright Momentum Portfolio?
Key Highlights of Momentum Portfolio
Return performance (in % terms) of the Momentum Portfolio against its benchmark, Multicap Index is -
Over a 3 year horizon, ₹1 Lac invested would have become -
Here are the key performance metrics of the Momentum Portfolio against its benchmark, the Multicap Index -
- On an annual basis, the Momentum strategy has produced higher returns.
- It has higher risk compared to the benchmark, Multicaps Index. However, the sharpe ratio is better. The Sharpe ratio measures risk-adjusted performance; a higher Sharpe ratio indicates better returns for a given level of risk. Therefore, the Momentum strategy has performed better per unit of risk taken.
- The maximum drawdown for the Momentum strategy is less than the Multicap's max drawdown. This means the Momentum strategy has experienced less severe losses from peak to trough in its worst-performing period.
Investing in Trends: The Power of Momentum
What is momentum investing?
Ever heard of Newton's first law? The one that states, "An object at rest stays at rest, and an object in motion stays in motion unless acted upon by an external force." Interestingly, this law isn't exclusive to physics; it's the principle underlying momentum investing. When a stock's prices are rising, momentum investors expect the upward trend to persist for some time, making it an exciting investment concept to explore.
Typically, conventional wisdom suggests the key to profitable trading lies in buying low and selling high. Momentum investing, however, proposes a different approach – buy high and sell even higher. Now, that's quite a paradigm shift, isn't it?
This practice of capitalizing on the current market trends to make investments is what sets momentum investing apart. The basic strategy involves investing in companies that are escalating in value, then selling them after they peak and start to decline. This implies that momentum investing is all about aligning your investments with the direction of the share price momentum. To learn more read our in-depth article What is Momentum Investing? A Comprehensive Guide to Understanding Momentum Investing .
Why you should consider momentum investing?
Momentum investing is a popular investment strategy that is based on the idea that stocks that have performed well in the past are likely to continue performing well in the future. This approach has been shown to be a historically successful investment strategy, and research has indicated that momentum investing can lead to higher returns than traditional value investing.
The success of momentum investing can be attributed to the persistence of stock returns, as well as to market inefficiencies that allow momentum strategies to exploit mispricings in the market.Momentum investing is also a systematic approach, relying on data and rules to make investment decisions, which helps to reduce the impact of emotions and behavioral biases on investment outcomes.
Investors following momentum investing strategies are often drawn to buying high-priced or rising stocks. They tend to focus more on the company's ongoing performance or structure rather than its fundamental value. So what prompts investors & traders to pursue momentum? There are two primary reasons:
Bias: Drawing from behavioral finance, investors may show a bias towards a particular stock in the market. They may overreact or underreact to new information, creating pricing inefficiencies that momentum traders can exploit.
Timing: Some investors react slowly to new information but are quick to act once they decide to, contributing to the momentum of the stock. This catch-up behavior is part of why momentum investing is generally seen as a short-term strategy, often playing out over 6 to 12 months.
While momentum investing is not without risks, it can provide investors with an opportunity to achieve higher returns while managing risk through diversification and other risk management techniques. For a detailed understanding read our article why you should consider momentum investing .
Risks & essential things to know about momentum investing
Stock price at a given time represents the long-term value of the underlying business, but investors often react slowly to changes in this value. When a significant number of investors recognize a stock's potential, a trend begins to form, which can be amplified by investors chasing performance. A momentum strategy capitalizes on these forming trends and can yield robust long-term returns.
Essential Things to Know about Momentum
Momentum investing performs best in strong markets as it follows the principle of "buying high and expecting prices to go higher" rather than "buying low and selling high."
It is not a "buy and hold" strategy, but rather a high churn strategy that requires more frequent trading than traditional stock picking based on fundamentals.
Momentum can arise from anywhere and is not exclusive to specific sectors, stocks, or market caps.
It's not a foolproof strategy. Momentum-based investing can go wrong, especially in riskier emerging markets like India. Risk control measures are advisable.
Benefits of investing in a momentum portfolio are
Potential for high returns: Momentum investing has been shown to generate higher returns than other investment strategies over the long term. It is because momentum stocks tend to outperform the market over time.
Low risk: Momentum investing is a relatively low-risk investment strategy. It is because momentum stocks tend to be less volatile than other stocks.
Diversification: Momentum investing can help to diversify a portfolio and reduce risk. It is because momentum stocks are not correlated with other asset classes, such as corporate or government bonds and real estate.
Simple to implement: Momentum investing is a simple investment strategy that investors of all skill levels can implement.
Risks of Momentum
Momentum investing can offer high returns, but it also carries substantial risk. Examples include previously favoured momentum stocks like Adani and IRCTC in India experienced significant volatility.
Potential risks include underperformance during trend breakdowns, as seen in March 2020 when momentum stocks dipped sharply.
Investors may get trapped in overvalued stocks. Using a system with a profit target and a stop loss can help avoid stocks prone to shocking downturns.
Diversification can help mitigate the risks of momentum investing. Including multiple stocks in the portfolio and limiting exposure to certain sectors or industries can help lower risk.
Learn more about the Risks & essential things to know about momentum investing .
Past Performance and Success Stories
Portfolio Performance - Wright Momentum - May’23
The Wright Momentum strategy has showcased robust performance, notably outpacing both the Multi Cap and Large Cap Index in recent times. Over the last month, the Momentum strategy has yielded a return of 5.2%, as compared to the Multi Cap Index's return of 4.2% and the Large Cap Index's return of 2.6%.
When we expand the timeline to a three-month period, the outperformance of the Momentum strategy continues. It has returned 10.0%, while the Multi Cap and Large Cap indices have given returns of 9.4% and 7.1% respectively.
This superior performance could be attributed to the nature of the Momentum strategy, which leverages market trends and is geared towards stocks that have been showing an upward trajectory. The strategy's inherent propensity to ride positive market trends appears to have worked exceptionally well in the current market environment. Here's the performance of the Momentum portfolio across different periods -
Top performing companies in the Wright Momentum Portfolio
Here's a glimpse into the performance of small-cap companies that have made significant strides in the Wright Momentum Portfolio :
TATAELXSI: A key global player in the product design and technology services sector, Tata Elxsi primarily serves the consumer electronics, automotive, media & communications, and healthcare industries. The company's commitment to innovation and a forward-thinking approach in emerging technologies has significantly bolstered its market position. Notably, Tata Elxsi was part of the Wright Momentum portfolio from December 6, 2020, to October 2, 2022, during which it delivered a stellar return of 315.13%.
TATAMOTORS: Recognized globally for its diverse offerings in the automotive sector, Tata Motors provides a comprehensive range of passenger vehicles, commercial vehicles, and electric vehicles. Its continuous strides in technological advancements and commitment to sustainability have played a key role in its growth. During its tenure in our portfolio from December 6, 2020, to May 31, 2023, Tata Motors generated a robust return of 197.57%.
DEEPAKNTR: A market leader in the chemical manufacturing industry, Deepak Nitrite maintains a diverse product range and a strong market presence. The company's focus on developing high-quality, environmentally friendly products has significantly contributed to its robust performance. Deepak Nitrite was included in the Wright Momentum portfolio from December 6, 2020, to February 13, 2022, during which it yielded a substantial return of 130.06%.
TATAPOWER: Holding the title of India's largest integrated power company, Tata Power boasts a strong presence across the energy value chain. It has positioned itself as a leader in the renewable energy sector, underlining its commitment to sustainability. Tata Power was part of our portfolio from March 28, 2021, to October 31, 2022, and during this period, it provided a noteworthy return of 119.88%.
FLUOROCHEM: Gujarat Fluorochemicals operates at the forefront of the chemical industry with a diverse portfolio of fluoropolymers, refrigerants, and chemicals. The company's strategic market position and strong manufacturing capabilities have played an integral role in its success. Holding Fluorochem in our portfolio from August 1, 2021, to July 31, 2022, yielded a substantial return of 92.70%.
BANKBARODA: As a top-tier public sector bank, Bank of Baroda offers an extensive range of financial services. Despite challenging market conditions, the bank's solid operational performance and customer-centric approach have contributed to its growth. Bank of Baroda's tenure in our portfolio from January 23, 2022, to May 31, 2023, led to a significant return of 88.34%.
RVNL: Rail Vikas Nigam Limited (RVNL) is a central player in the railway infrastructure segment. Its crucial role in expanding and modernizing India's railway network is a key factor behind its performance. Even though RVNL was part of our portfolio for a relatively short period from April 2, 2023, to May 31, 2023, it managed to deliver an impressive return of 83.73%.
ITC: ITC Ltd. is one of India's most diversified conglomerates, with interests spanning FMCG, hotels, paperboards, packaging, agri-business, and information technology. Despite fierce competition, ITC's diverse revenue streams and innovative products have solidified its market position. Holding ITC in our portfolio from May 15, 2022, to May 31, 2023, resulted in a noteworthy return of 80.40%.
How is the Wright Research Momentum Portfolio made?
What is the universe of stocks considered?
All NSE-listed stocks meeting minimum criteria in daily traded volume and company market capitalization. This translates to nearly 90% of the total market cap trading in India.
How are stocks screened and selected?
Momentum investing is simple - it is a bet on investor behavior to chase performance. We design it meticulously to maximize performance and reduce risk.
Here's how it's made:
- Focus on high momentum stocks, showcasing strong growth prospects.
- Selection of 20-25 stocks from the top 300 universe, ensuring diversity.
- Utilize risk optimization for balanced risk-reward allocations.
- Leverage AI technology for advanced market forecasting and regime modeling.
- Diversify to mitigate risks and maintain a well-rounded portfolio.
- Systematic deallocation in risky markets
Invest in our expertly designed portfolio and experience the benefits of a strategic and high-performing investment approach.
How do you manage risk?
Wright Momentum portfolio is carefully curated to optimize potential returns while minimizing risk. Thanks to our strong focus on quantitative analysis, we employ AI models, the expertise of our investment manager, and advanced statistical analysis to refine our stock selection process and balance risk-reward allocation. We utilize various tools to address risk in a comprehensive manner, which include:
- Regime Modeling based Dynamic Adaptiveness -Our philosophy fundamentally incorporates a regime model that leverages Artificial Intelligence to project the market's trajectory over the next month.
- Asset Allocation or Diversification - In response to market volatility, we adjust our asset allocation, often opting for safer alternatives like bonds and gold ETFs.
- Deallocating in volatile times -We have a policy of reallocating to cash in unstable market conditions to protect our investments.
Wright Momentum portfolio is assessed weekly by the Investment Advisor and Investment Team. This practice ensures that the portfolio's stocks align with our AI and quantitative models, while also keeping an eye on significant market aspects such as volatility, momentum, and other factors, as well as unexpected news or macroeconomic shifts. This ensures the Wright Momentum portfolio’s performance is optimized.
In cases of adverse market conditions or negative developments specific to a stock, regular portfolio reviews allow the Investment Advisor and Investment Team to act quickly, thereby reducing risk exposure to such unfavorable events. Rebalances in such exceptional scenarios are immediately implemented to shield our subscribers from a negative fallout.
How are stocks weighted?
Our proprietary AI & quantitative models assign optimal weights based on a sophisticated multi factor stock selection model. Adopting a weight scoring approach, stocks are weighted according to the rank assigned by the AI & Quantitative models. This rank is reviewed & analysed in depth by our Investment Team & the Investment Advisor approves the stocks into the portfolio.
Our approach ensures multiple checks and balances to craft an optimal portfolio that has high growth potential while minimising risk exposures, demonstrating optimal performance across different market cycles.
What risk management practices does Wright Research follow?
What is rebalancing? How often is the portfolio rebalanced?
Rebalancing plays an important role in portfolio management to ensure the risk of the portfolio doesn’t increase drastically since risky investments can out-compound conservative ones in the long run. You can also potentially take advantage of selling high and buying low opportunities.
Rebalance is an update to a portfolio to get best returns. It helps align your portfolio with the portfolio’s investment objective and the asset allocation that was decided by the investment advisor.
Wright Momentum portfolio is reviewed weekly by the Investment Advisor & the Investment Team. Any changes are communicated to our investors immediately before markets open.
Historically, the majority of portfolio rebalances have happened on a monthly basis, however this can vary depending on market conditions. Our monthly rebalancing approach ensures a well-balanced, up-to-date investment mix with low turnover, which reduces unnecessary transaction costs providing higher return potential.
So weekly reviews would lead to a high amount of portfolio churn? How does rebalancing at such a high frequency make sense?
Portfolio review is different from rebalancing a portfolio.
The Wright Momentum portfolio is reviewed weekly by the Investment Advisor & the Investment Team. This is to ensure stocks allocated to the portfolio are aligned with the AI & quantitative models, and the team monitors significant market factors such as volatility, momentum & others along with sudden news announcements, macro economy level changes do not impact the performance of the portfolio.
Frequent portfolio reviews provide significant inputs into the monthly rebalancing strategy. This way the Wright Momentum portfolio remains a well-balanced, up-to-date investment mix with low portfolio churn. We ensure the Wright Momentum portfolio is rebalanced on a monthly frequency basis.
In situations, where there are adverse market conditions or negative stock-specific developments, frequent portfolio reviews enable the Investment Advisor & the Investment Team to react quickly, limiting risk exposure to such negative events. Rebalances in such rare scenarios are sent out immediately to protect our subscribers from a negative fallout.
Some stocks in the portfolio are up a lot since the time they were added. Should I avoid them?
No. Any additions or deletions of stocks in the Wright Momentum portfolio are decided by the Investment advisor. Frequent portfolio reviews and monthly rebalancing strategy means stocks that needed to be replaced will already have been decided, advised and executed. Any stock that is retained in the portfolio means the stock has potential to grow.
For example, let’s say a stock in the Wright Momentum portfolio is performing well and is up 50%+. It continues to be in the portfolio, this means as a subscriber it should be bought per the constituent weight assigned in the portfolio, along with the other stocks in the portfolio. Please note 50% isn’t an absolute benchmark, and has only been used for illustrative purposes.
What are the subscription fees for Wright Momentum Portfolio?
Subscription fees for the Wright Momentum Portfolio are as follows:
What other costs will I incur?
There are a few costs involved over and above the portfolio subscription fees. These costs can vary but can be anywhere from 0.5% to 1% on average for investors. Let’s go through the main ones:
This depends on the broker you use, from full service brokers such as HDFC Securities, Axis Securities, ICICI Direct to low cost discount brokers such as Zerodha, Upstox, Angel Broking.
If you do not use a broker, then brokerage account opening costs will also be incurred when you start investing. This is a one time cost, and not a recurring charge. However, depending on your broker you may have yearly maintenance fees, please check with your broker for such details.
Costs incurred when investing via Smallcase
When you start investing in Smallcase, an investor has to pay a fee of Rs 100 when starting the first Smallcase. There are no other charges associated with account opening or maintenance. Please check Smallcase for updated information.
Costs incurred when investing directly via Manual Mode on Wright Research
There are no additional charges incurred on Wright Research. The only charges are the brokerage costs, STT, DP charges etc.
Other trading costs
STT or Securities Transaction Tax is the tax you pay to the government for buying or selling stocks listed on the stock exchange. For equity transactions, the buyer & seller both pay 0.1% of the share value as STT.
Depository Participant (DP) charges are levied by the depository i.e. Central Depository Services (India) Limited (CDSL) or National Securities Depository Ltd. (NSDL) and the Depository Participant, DP. These charges can vary depending on your DP. For instance, for Zerodha DP charges are applied when shares are sold from the demat account. Zerodha DP charges are Rs. 13.50 +18% GST applicable per day and per stock, irrespective of quantity sold. So selling 100 shares of Tata Motors on any given day would levy DP charges of Rs. 13.50 + 18% GST and selling 1000 shares of Reliance would also levy DP charges of Rs. 13.50 + 18% GST.
What is the likely tax impact on returns?
Wright Momentum Portfolio typically holds stocks for less than 1 year, but a few top-performers can also be held for greater than 1 year. Therefore, gains will be taxed between Short Term Capital Gains (STCG) & Long Term Capital Gains (LTCG).
STCG is charged at 15% + cess + surcharge of portfolio gains. LTCG is applicable on portfolio gains in excess of Rs. 1 Lakh and are charged at 10% + cess + surcharge of portfolio gains.
Let’s take an example in simple terms. If the Wright Momentum Portfolio provides short term returns of 25%. Then the short term tax impact is 15% of 25% i.e. 3.75%, giving an after tax short term return of 21.25%.
Similar calculations would be applicable for long term returns, after adjusting for the Rs. 1 Lakh LTCG exemption. The combined portfolio returns is simply the total gain minus the tax paid for both STCG & LTCG. This number divided by the total invested amount is the net return.
How to Start Investing in Wright Momentum Portfolio?
How can I invest directly in Wright Momentum Portfolio?
Wright Research has a manual mode enabling you to invest in the stocks directly without using the smallcase interface. The process is as follows:
Visit the Wright Momentum portfolio page . Click on “Get Started”
If the user is not logged it, the page will prompt you to login/signup. Post sign up enter your basic details, complete your basic risk profiling
All trades by default run through the smallcase interface. To do this manually, click on the Profile icon and select “Switch to Manual Based” mode
Click on “Subscribe Now” to proceed with subscription
Read through the Investment Advisor agreement and enter OTP details to accept the agreement
Select the payment plan that you are comfortable with and make the payment
Once you have subscribed, you will have access to the portfolio, its constituents and sector allocation
Here's a video guide to the manual subscription process
How can I invest in Wright Momentum on Smallcase?
The process of investing in the Wright Momentum Smallcase is as follows:
Open a Brokerage Account: Smallcase is partnered with several leading brokers. You'll need to open a demat and trading account with one of these brokers such as Zerodha, Upstox, ICICI Direct, etc.
Visit the Smallcase Platform: Once your brokerage account is set up connect it to your smallcase account by visiting the Smallcase platform.
Select the Smallcase: In this case, you're interested in the Wright Momentum Smallcase . You will be able to search for this specific Smallcase on the platform.
Review and Purchase: Review the Smallcase to understand what it contains and if it aligns with your investment goals. If you decide to go ahead, you can buy Wright Momentum Smallcase directly on Smallcase.
Monitor and Manage Your Investment: After purchasing, you can monitor the performance of your Smallcase on the platform. You can also choose to rebalance the Smallcase as per the suggestions provided by the investment advisor you have subscribed to or add/remove individual stocks as per your preference.
Can I invest in Wright Momentum Smallcase directly from this website?
Yes, simply visit the Wright Momentum portfolio page and click on “Get Started”. The process is as follows:
Visit the Wright Momentum portfolio page . Click on “Get Started”
If the user is not logged it, the page will prompt you to login/signup. Post sign up enter your basic details, complete your basic risk profiling
All trades by default run through the smallcase interface. Click on “Subscribe Now” to open the Smallcase gateway flow
Choose the broker that you have registered with. If you haven’t registered with a broker, then you will need to setup a demat account with a broker to invest in Smallcase or in the Equity markets in general
After logging in with your broker, you enter your basic contact information
Complete your risk profile on the smallcase interface
Provide KYC details such as Pan Card to complete your registration and select the payment plan that you are comfortable with
Proceed to sign the Investment Adviser Agreement and make the subscription payment
Once you have subscribed, you will have access to the portfolio and its constituents. You will see the recommended orders when you click “Invest Now” - you can choose the investment amount and also customize the orders
Upon confirmation, orders will be placed in your brokerage account.
Once the orders are placed, you will be able to see the portfolio in the second fold of the page
Here’s a video giving you a walkthrough of investing in a smallcase directly from Wright Research
Should I invest lumpsum or SIP into the portfolio?
Momentum is typically a high turnover strategy that will require frequent rebalances, however Wright Momentum Portfolio is optimized to be rebalanced once every 1 month. Our quantitative focus, AI models & expert analysis ensure optimal stock selection that maximizes returns while minimizing portfolio churn. For beginners considering investing in the Wright Momentum portfolio, it is recommended to start small and add to it incrementally via an SIP route. If you opt for the SIP route via smallcase, then you may also incur additional charges, please check the smallcase website for more information on their fees.
Ultimately, investing in a momentum portfolio through either a lumpsum investment or a systematic investment plan (SIP) depends on various factors. Here are some things to consider while deciding:
Market Conditions: When markets are low or at fair valuation, a lumpsum investment can be a good choice as it allows you to lock in low prices. If markets are at a high, then SIPs can help average out costs over time.
Risk Tolerance: If you are uncomfortable with the idea of investing a large sum of money at once, an SIP can help reduce the anxiety associated with market volatility by allowing you to invest smaller amounts over a period of time.
Cash Availability: If you have a large sum of money readily available, and you are confident about your investment decision based on your research, lumpsum investment might be a good option. On the other hand, if you have a regular income and wish to invest a fixed amount every month, an SIP could be more suitable.
Investment Horizon: For long-term goals, SIPs are often recommended as they take advantage of market fluctuations over time, a concept known as rupee cost averaging. Lumpsum investments can also be beneficial for long term goals, especially when entered at a time of lower market valuations.
Discipline: SIPs enforce a disciplined approach to investing, ensuring regular investments regardless of market conditions. This can be useful if you find it difficult to save and invest regularly.
Is there a minimum investment amount to invest for the Smallcase portfolio?
Yes, there is a minimum investment amount when you invest in the Smallcase portfolio. However, the amount is not fixed and can vary based on when you're investing.
The minimum investment amount is determined by the sum of the minimum investment amounts of each individual stock in the Smallcase portfolio. The minimum investment amount for a stock is the price of one share. Therefore, the minimum investment for the portfolio is the sum of the price of one share of each stock in the Smallcase.
Remember to check the minimum investment amount of the Smallcase you're interested in before investing. The same minimum investment criteria for the Smallcase, is applicable when investing directly on Wright Research as well.
Is there a maximum investment amount suited for the Wright Momentum portfolio?
There's no specified maximum investment amount when investing in the Momentum portfolio directly or on Smallcase. You can invest as much as you wish, depending on your investment goals, risk tolerance, and financial condition.
Additionally, no matter the amount, it's essential to consider diversification and not put all your investment into one portfolio or even one type of asset. Different investments carry different levels of risk, and diversifying your portfolio can help manage that risk.
Always remember to do your due diligence or consult with a financial advisor before making investment decisions.
How will I know when to rebalance my smallcase portfolio?
You will be notified via email, whatsapp push notifications or in-app notification depending on what permissions were provided when you subscribed to the portfolio directly on our website or on smallcase.
These rebalances are not applied automatically. Once notified, you should ideally update your portfolio per the recommended rebalance at the earliest. If you miss or skip a rebalance, your portfolio will vary from the original portfolio that has been designed by the Investment Manager.
There is no time limit on rebalancing your portfolio even if you miss or skip it. You can always update your portfolio to the latest rebalance. However, skipping a rebalance or multiple rebalances will lead to deviations in returns. Upon updating in such scenarios you could incur additional expenses or losses since the market dynamics may changed from when the rebalances were published.
My smallcase investment is down in the last 1 week / 1 month / 3 months – Can I get a refund?
No, there is no refund.
Investing in the stock market involves inherent risks and rewards, and there's no guarantee of profits or protection from losses. As such, you cannot get a refund for your subscription fees or for your investments in Smallcase or on Wright Research directly, or in any stock market investment for that matter, just because the value has gone down.
Equity strategies are risky. Such portfolio strategies will see drawdowns depending on market conditions. Investments in the stock market should be considered for the long term, as short-term market fluctuations are normal and expected. The value of your investment can go up and down over time, and it's possible to experience losses. If you cannot tolerate such drawdowns, do not invest in this portfolio.
It's essential to carefully consider your investment decisions and your risk tolerance before investing. If you're uncertain about your investment decisions, consider seeking advice from a financial advisor or investing professional. Always remember to only invest money that you can afford to lose without significantly affecting your lifestyle.
I have a large investment appetite. Do you have AUM based investing strategies?
Yes, Wright Research has AUM based investing strategies. The underlying portfolio will remain the same, but the fees will be deducted based on the AUM portfolio’s specific pricing. To learn more about larger investment appetites or to invest in AUM based investing strategies, you can reach out to us at email@example.com .
If you are looking to invest above Rs. 50 Lakhs per the portfolio management route, then please visit our portfolio management services for more information.