Donald S. Peters

Manufactures ambulances, rescue and fire emergency vehicles

Commercial banking

CPAI Co. provides institutional quality fixed-income management to individuals as well as large pools of capital. Based upon economic fundamentals, the firm forecasts future interest rates and the appropriate investment decisions based on that forecast. These fundamentals are designed to achieve higher returns. They do not take credit risks on bonds or use derivatives. They accept market risk and always manage for total return. CPAI believes interest rates can be projected to a degree that one should accept more volatility to achieve improved results; therefore, they do not create laddered maturities. The firm never uses below investment grade securities. Their Bison Bond I Program uses only the highest quality bonds which avoid credit risk but the portfolio does have considerable market. This program uses no-load mutual funds utilizing government securities only. It also utilizes zero-coupon government bonds since they are more volatile than bonds making regular interest payments. The Bison Bond II Program uses Austrian economic fundamentals to forecast interest rates, and these forecasts are then used to determine the securities. The Bison Bond II program uses government bond no-load mutual funds. The firm may elect to both short and long these funds. The strategy may utilize zero-coupon government bonds since they are more volatile than bonds making regular interest payments. The Bison Bond II program can be applied to annuities that have compatible fund options, primarily those annuities offered by Nationwide and American Skandia. The Bison Bond III program is designed to take into account the possibility of both deflation and inflation. It takes positions in both government bond no-load mutual funds (long only) and precious metal no-load mutual funds. Austrian economic fundamentals are used in forecasting the economy and the possibility of both deflation and inflation. The program should be used as an insurance position in an overall asset allocated total portfolio. The Bison Bond III program may utilize zero-coupon government bonds since they are more volatile than bonds making regular interest payments. At the investor's request, the Bison Bond III program can be applied to annuities that have compatible fund options, primarily those annuities offered by Nationwide and American Skandia. The Bison Bond IV program is designed to take into account the possibility of both deflation and inflation, taking positions in both government bond no-load mutual funds (short and long) and precious metal no-load mutual funds. Austrian economic fundamentals are used in forecasting the economy and the possibility of both deflation and inflation. The program should be used as an insurance position in an overall asset allocated total portfolio. The Bison Bond IV program may utilize zero-coupon government bonds since they are more volatile than bonds making regular interest payments.

Functions as a College/University