Who We AreBelmont Capital Group (BCG) is a SEC Registered Investment Adviser based in Los Angeles, CA. The firm provides option-enhanced portfolio management and hedging solutions to wealth advisory firms and institutions. As of December 2019, BCG manages $1.026 billion (USD) in regulatory AUM.
About the Fund
- Fund utilizes an investment approach similar to the Belmont Theta Overlay Program separate account strategy on top of a short-term fixed income portfolio
- Liquid alternative income strategy with potential return from option premiums and short-term bonds
- Targets absolute returns that are less dependent over time on the direction of equity or bond markets
Investment StrategyFund purchases short-term fixed income securities for yield on cash collateral, which will increase as rates go higher. The Theta Overlay strategy writes short-term out of the money call and puts spreads on the SPX (S&P 500) to generate income. Option positions are entered with no market bias and risk is actively managed through the use of spreads and strike adjustments.
Co-founder of Belmont Capital Group, Stephen Solaka has more than 20 years of experience in equity risk management, options, and portfolio management. Prior to founding Belmont, Stephen worked as a Director at Dorchester Capital Advisors, an advisor at UBS Private Wealth Management, and Vice President of Equity Derivatives at TD Options. He also held equity, ETF, and index option market-making positions at Bear Wagner Specialists and Ronin Capital. Stephen was formerly a member of the Chicago Board Options Exchange, Chicago Board of Trade, and American Stock Exchange. He holds a B.A. in Finance from the Eli Broad College of Business at Michigan State University, and is frequently quoted by Barron’s, The Wall Street Journal, and Bloomberg for his knowledge regarding options and hedging.
Daniel Beckwith is a co-founder of Belmont Capital Group and is responsible for quantitative modeling, trade execution, and portfolio risk management. Daniel previously advised high-net-worth families at Wells Fargo Advisors and Merrill Lynch. He was also a senior trader at Wolverine Trading, one of the largest option market makers in the world. At Wolverine, Daniel was a member of the index option market making group, responsible for trading, risk management, and pricing of Nasdaq 100 ETF and index options. He also served as an ETF exchange specialist in the OEF product on the Chicago Board Options Exchange. Daniel holds a B.A. in Accounting from the Eli Broad College of Business at Michigan State University.
Stephen J. Remboski, CFA
Chief Compliance Officer
Stephen J. Remboski, CFA joined Belmont Capital in 2014 with more than 30 years of investment industry experience in operations, compliance, and performance reporting. Before Belmont, Steve was Vice President and Product Manager at Cairn Investment Performance Consulting, a provider of customized investment performance measurement solutions and GIPS consulting services for investment advisory firms. He also served in VP positions at Aletheia Research and Management, the Bank of New York, and Wilshire Associates. Steve is a CFA® charterholder, and is a member of the CFA Institute and the CFA Society of Los Angeles. He holds an MBA from California State University, Northridge, and a B.S. in Computer Science from Central Michigan University.
Vice President of Operations
Dylan Barlow is a Vice President of Operations at Belmont Capital Group. Dylan joined the firm in 2019 and has 9 years of investment industry experience focusing on equity derivative sales, trading and operations. Dylan began his career with Bank of America Merrill Lynch where he was a member of Delta One trading desk. His responsibilities included enhancing the desk’s trading capabilities and managing daily risk for the equity swaps business. Most recently, Dylan was responsible for marketing and distribution of Bank of America’s Delta One trading platform on the west coast. Dylan holds B.S. in Business Administration from University of North Carolina at Chapel Hill.
AddressBelmont Theta Income Fund c/o Ultimus Fund Solutions, LLC P.O. Box 46707 Cincinnati, Ohio 45246-0707
Overnight AddressBelmont Theta Income Fund c/o Ultimus Fund Solutions, LLC 225 Pictoria Drive, Suite 450 Cincinnati, Ohio 45246
Shareholder Services+1 (800)789-1087