Macro policy renders as portfolio outcome. We build allocations around the themes that actually move markets.
Strategas Asset Management is a macro-thematic RIA, a subsidiary of Baird managing the SAMT and SAGP ETFs. Every position traces back to a specific policy thesis, not a factor model.
Representative macro-thematic composite with the policy events that drove it. Past performance does not guarantee future results.
Flagship ETF
SAMT
Strategas Macro Thematic ETF. Macro-thematic allocation across the full policy playbook.
Flagship ETF
SAGP
Strategas Global Policy ETF. Global policy divergence expressed as a single position.
First-principles research
Fiscal Dominance
Structural deficits force the Treasury to issue at a pace the Fed will eventually have to accommodate. Own real assets and duration barbell, not nominal bonds.
Reshoring & Supply Chain Security
Tariff policy and CHIPS-style incentives are permanent, not cyclical. Domestic manufacturing capacity is being rebuilt regardless of which party holds the White House.
Defense Industrial Base
NATO burden-shifting and Pacific deterrence commitments are multi-year appropriations, not headlines. The order book is visible three years out.