Our Philosophy

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Our Philosophy

Vallum originated within a family office environment and was established to serve as a private feeder fund facilitating access to Protective Indexing. In the early 2000s, following extended recovery periods after significant market dislocations, the family office undertook a structural review of conventional indexing approaches. After evaluating available portfolio structures, Protective Indexing was developed to align with a mandate for full-cycle consistency within a standard, no-leverage indexing framework.

Protective Indexing operates within conventional index-based methodologies and incorporates defined structural constraints intended to moderate extremes across market cycles in both favorable and unfavorable environments. Diversification is treated as a foundational structural principle rather than a performance objective, and exposure is implemented through established indexing techniques.

Protective Indexing is implemented within standard separately managed account structures. Client assets remain in accounts titled in the client’s name at Interactive Brokers, the designated third-party custodian. Vallum does not take custody of assets and does not alter client account ownership.

Vallum’s compliance framework was developed within the affiliated family office and is applied uniformly across all operations. All communications are conducted on a private, one-to-one basis through written email correspondence to ensure complete documentation and regulatory recordkeeping.