Michael L. Price
Michael L. Price has served as President of the sub-adviser since he founded it in 1997. After graduating from Auburn University in 1971 with a degree in Applied Physics, he was commissioned an ensign and sent to flight training. After 32 years of service, including 23 years of commissioned services as a Navy pilot, he retired as a Captain (O-6). In 1993, he formed Investors OnTrack, Inc., to provide training for high net worth individual investors and professional investors, with an emphasis on technical analysis. In 1997, he formed Price Capital Management to manage individual accounts using mutual funds. In 2000, he formed two hedge funds and began the transition to hedge fund management. Price Capital Management currently manages four hedge funds in addition to the OnTrack Core Fund using a similar investment strategy.
W. Lee Harris, Jr. has served as Chief Compliance Officer for Price Capital Management, Inc. since February 2012. Price Capital Management serves as sub-advisor to the OnTrack Core Fund, and Mr. Harris has served as co-portfolio manager to the Fund since its inception in January, 2013. Additionally, Mr. Harris founded and has served as President of Lee Harris Capital Management, Inc., since 2004. Mr. Harris served in the U.S. Navy from 1974-2004. He earned a Mathematics degree from the United States Naval Academy in 1974, and a Masters in Business Administration from the University of North Florida in 1981.
"We believe in a flexible investment approach with emphasis on capital preservation, while allowing our partners to adopt a less conservative posture and increase emphasis on capital appreciation when they believe the additional risk is warranted by favorable market conditions."