Introduction to Opus

How is Opus different from the other symphonies on the Discover page?

Opus is actively managed by Composer’s Investment Committee. Other symphonies are not regularly updated by Composer. 

On a quarterly basis, we will update the Opus symphony by adjusting strategy weights and including new strategies as they are developed.

Which Opus version should I pick?

We offer three different versions of Opus, based on your risk tolerance.

  • Opus–8 is geared toward conservative investors and targets volatility less than a traditional 60-40 portfolio. Relative to its benchmark, this version incorporates a larger allocation to short-term treasury bonds.
  • Opus–12 is geared toward moderate investors and targets volatility roughly equal to a traditional 60-40 portfolio.
  • Opus–14 is geared toward aggressive investors and targets volatility between a traditional 60-40 and a 100% stock portfolio.

As far as which one to select, we will make a recommendation based on the information you share with us, but you’re welcome to choose any of the three. It’s important to understand the risk that comes with each one.

Can you edit Opus? 

We strongly recommend that you do not edit your Opus symphony. If you edit Opus, you’ll no longer receive updates to the symphony made by the Investment Committee. Editing Opus would make it operate just like any other symphony on the Discover page and it would no longer be actively managed.

How often does Opus trade?

Opus uses threshold trading, meaning it’s possible for Opus to trade whenever symphony rules are met (at most, once a day). You can read more about threshold trading here

A friend and I are both invested in the same Opus version, but we’re seeing different returns. Why is that?

When we trade to follow the logic laid out in Opus, trade orders are made specifically within your own portfolio. This means that you may receive slightly different prices from other Opus investors, depending on when your trade orders are executed within the trading period (3pm - 4pm ET). 

It’s also possible you’d hold different assets, depending on when you first invest or your exact time of trading.

As an example: hypothetically, if there’s a conditional set as “10d simple moving average of SPY is greater than 100d simple moving average of SPY”, this could be TRUE at 3:04pm when your Opus symphony runs, but could be FALSE at 3:15pm when another user’s Opus symphony runs. This would result in you and another user holding different assets within the same symphony.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.

Still need help? Contact Us Contact Us