Cougar Global’s proprietary portfolio optimizer seeks the highest expected return constrained to the specific level of downside risk consistent with the mandate.
| Investment Objective | Mandate | Constraint |
| Conservation of Capital | Global Tactical Strategy — Conservative | 5% or less probability of negative returns |
| Conservative Growth | Global Tactical Strategy — Conservative Growth | 10% or less probability of negative returns |
| Moderate Growth | Global Tactical Strategy — Moderate Growth | 15% or less probability of negative returns |
| Growth | Global Tactical Strategy — Growth | 20% or less probability of negative returns |