SCOTTS VALLEY, CA -- (Marketwire) -- 01/16/13 -- Niemann Capital Management (http://ncm.net), a premier money-management firm that runs several separately managed account strategies for individual investors and institutions, today announced the renaming of its flagship strategy from Equity Plus to Global Opportunity.

Global Opportunity will remain one of the most experienced professionally managed strategies in Morningstar's "ETF Managed Portfolio" database. Its complete performance history, including the January 1996 inception date, will remain intact.

"The strategy will be managed exactly the same as before. We simply changed the name to more accurately reflect its unconstrained, 'go anywhere' ability and multi-asset class flexibility," said Niemann's Chief Strategy Officer, Charles Halliday.

"Investors have traditionally hired multiple managers and opened several accounts to get the type of global multi-asset class exposure and risk management that Global Opportunity offers in one account," added Halliday.

Global Opportunity (http://www.ncm.net/global-opportunity) is a tactically managed, multi-asset class strategy that can invest in equity, fixed income and alternative opportunities virtually anywhere. In times of distress, Global Opportunity can go to cash to avoid extreme losses.

Due to Global Opportunity's wide-open universe of choices in multiple asset classes, it has a blended benchmark.

Global Opportunity's Intelligent benchmark

In the "old days," a strategy that had any exposure to U.S. equities would get compared against the S&P 500 by default. This was largely due to the fact that there weren't many widely accepted global benchmarks. Today there are several.

Global Opportunity's benchmark is a 2/3 blend of the MSCI All Cap World Index and 1/3 Barclays U.S. Aggregate Bond Index.

Portfolio Manager Alan Alpers said: "The S&P 500 Index only measures U.S. equity exposure and it's possible that Global Opportunity could have very little, even zero, U.S. equity exposure. As such, it doesn't make sense to benchmark a global multi-asset-class strategy against the S&P. Nonetheless, I'd like to point out that Global Opportunity has soundly beaten the S&P since inception." (http://www.ncm.net/global-opportunity-poster)

About Niemann

Niemann Capital Management balances the risk in opportunity by judiciously investing in intermediate-term trends exhibiting attractive risk-adjusted performance. The firm offers traditional (always fully invested) and risk-managed (can go to cash) strategies in variety of asset classes, including Global Multi-Asset, Global Fixed Income, Global Sector Rotation, Domestic Equities and International Equities.

PAST PERFORMANCE DOES NOT GUARANTEE SIMILAR RESULTS IN THE FUTURE.