ModelxChange Performance and Statistics
Annualized ReturnsAnnual ReturnsStatisticsGeneral
TypeManagerNameAs Of
Date
YTD
Return
1 Year
Return
3 Year
Return
5 Year
Return
2015
Return
2014
Return
2013
Return
2012
Return
2011
Return
2010
Return
3 Year
Standard
Deviation*
5 Year
Standard
Deviation*
3 Year
Sharpe
Ratio*
5 Year
Sharpe
Ratio*
NameModel IDStyleProfileManagement FeeMinimum
Investment
Strategy_descEst. 12b1Est. SubTATotal Model Expense
ModelxChange3D Asset Management3D Global ETF 1006/30/2015 12:00:00 AM2.87782.773113.004712.70512.87786.149122.869214.2072-7.296121.77838.2812.941.520.99100Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1000.40000The investment objective of the Portfolio is to earn an expected average annualized return in excess of 9.50% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 100% equity funds and 0% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, and certain alternative assets, such as REITs and commodity indexes. 0.7426
ModelxChange3D Asset Management3D Global ETF 206/30/2015 12:00:00 AM0.91290.77583.40674.27480.91292.72713.18098.67420.41696.58063.234.751.040.9108Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1080.40000The investment objective of the Portfolio is to earn an expected average annualized return of 5.50% to 6.50% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 20% equity funds and 80% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes.0.6845
ModelxChange3D Asset Management3D Global ETF 20 - Tax Sensitive6/30/2015 12:00:00 AM2147Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21470.40000The investment objective of the Portfolio is to earn an expected average annualized return of 5.50% to 6.50% over time, consisting of capital appreciation and tax-sensitive yield The Portfolio’s target allocation is 20% equity funds and 80% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7309
ModelxChange3D Asset Management3D Global ETF 306/30/2015 12:00:00 AM2136Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21360.40000The investment objective of the Portfolio is to earn an expected average annualized return of 6% to 7% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 30% equity funds and 70% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6918
ModelxChange3D Asset Management3D Global ETF 30 - Tax Sensitive6/30/2015 12:00:00 AM2140Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21400.40000The investment objective of the Portfolio is to earn an expected average annualized return of 6% to 7% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 30% equity funds and 70% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6603
ModelxChange3D Asset Management3D Global ETF 406/30/2015 12:00:00 AM1.64111.56235.99876.18871.64113.64828.275210.2504-3.114711.06854.316.671.360.93109Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1090.40000The investment objective of the Portfolio is to earn an expected average annualized return of 6.50% to 7.50% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 40% equity funds and 60% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6990
ModelxChange3D Asset Management3D Global ETF 40 - Tax Sensitive6/30/2015 12:00:00 AM2141Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21410.40000The investment objective of the Portfolio is to earn an expected average annualized return of 6.50% to 7.50% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 40% equity funds and 60% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6720
ModelxChange3D Asset Management3D Global ETF 506/30/2015 12:00:00 AM2137Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21370.40000The investment objective of the Portfolio is to earn an expected average annualized return of 7% to 8% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 50% equity funds and 50% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7063
ModelxChange3D Asset Management3D Global ETF 50 - Tax Sensitive6/30/2015 12:00:00 AM2142Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21420.40000The investment objective of the Portfolio is to earn an expected average annualized return of 7% to 8% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 50% equity funds and 50% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6838
ModelxChange3D Asset Management3D Global ETF 606/30/2015 12:00:00 AM2.06031.94638.22538.33412.06034.479213.463810.8145-3.983514.25755.628.511.430.98110Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1100.40000The investment objective of the Portfolio is to earn an expected average annualized return of 7.50% to 8.50% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 60% equity funds and 40% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7136
ModelxChange3D Asset Management3D Global ETF 60 - Tax Sensitive6/30/2015 12:00:00 AM2143Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21430.40000The investment objective of the Portfolio is to earn an expected average annualized return of 7.50% to 8.50% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 60% equity funds and 40% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6956
ModelxChange3D Asset Management3D Global ETF 706/30/2015 12:00:00 AM2138Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21380.40000The investment objective of the Portfolio is to earn an expected average annualized return of 8% to 9% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 70% equity funds and 30% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7208
ModelxChange3D Asset Management3D Global ETF 70 - Tax Sensitive6/30/2015 12:00:00 AM2144Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21440.40000The investment objective of the Portfolio is to earn an expected average annualized return of 8% to 9% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 70% equity funds and 30% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7073
ModelxChange3D Asset Management3D Global ETF 806/30/2015 12:00:00 AM2.50362.45749.886110.02432.50365.422316.025312.1721-5.400617.49386.810.611.420.95112Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1120.40000The investment objective of the Portfolio is to earn an expected average annualized return of 8.50% to 9.50% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 80% equity funds and 20% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7281
ModelxChange3D Asset Management3D Global ETF 80 - Tax Sensitive6/30/2015 12:00:00 AM2145Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21450.40000The investment objective of the Portfolio is to earn an expected average annualized return of 8.50% to 9.50% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 80% equity funds and 20% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes.0.7191
ModelxChange3D Asset Management3D Global ETF 906/30/2015 12:00:00 AM2139Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21390.40000The investment objective of the Portfolio is to earn an expected average annualized return of 9% to 10% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 90% equity funds and 10% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes.0.7354
ModelxChange3D Asset Management3D Global ETF 90 - Tax Sensitive6/30/2015 12:00:00 AM2146Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21460.40000The investment objective of the Portfolio is to earn an expected average annualized return of 9% to 10% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 90% equity funds and 10% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7309
ModelxChange3D Asset Management3D Global ETF Fixed Income6/30/2015 12:00:00 AM0.95430.80501.41961.99680.95431.8652-0.97558.1562-2.02165.95452.624.120.530.49676Retirement Incomehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6760.400003D Global ETF Fixed Income Portfolio is designed for investors seeking income, diversification, and risk management against stock market uncertainty and future inflation. Our fixed income strategy seeks the highest level of current income while managing risk for capital preservation. The component exchange-traded funds (ETFs) in the portfolio invests in Treasury securities, investment grade corporate bonds, high-yield bonds and senior floating-rate bank notes.0.6700
ModelxChange3D Asset Management3D Target 2015 Aggressive6/30/2015 12:00:00 AM720Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7200.40000The 3D Target 2015 Aggressive model is designed for those planning on retiring in or about the year 2015 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2015 Aggressive model is designed for those planning on retiring in or about the year 2015 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity.0.7063
ModelxChange3D Asset Management3D Target 2015 Balanced6/30/2015 12:00:00 AM1.37790.95001.37792.96697.6199728Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7280.40000The 3D Target 2015 Balanced model is designed for those planning on retiring in or about the year 2015 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2015 Balanced model is designed for those planning on retiring in or about the year 2015 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.6918
ModelxChange3D Asset Management3D Target 2015 Conservative737Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7370.40000The 3D Target 2015 Conservative model is designed for those planning on retiring in or about the year 2015 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2015 Conservative model is designed for those planning on retiring in or about the year 2015 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.6773
ModelxChange3D Asset Management3D Target 2020 Aggressive6/30/2015 12:00:00 AM1081Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10810.40000The 3D Target 2020 Aggressive model is designed for those planning on retiring in or about the year 2020 and who desire to take a aggressive investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2020 Aggressive model is designed for those planning on retiring in or about the year 2020 and who desire to take a aggressive investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7227
ModelxChange3D Asset Management3D Target 2020 Balanced6/30/2015 12:00:00 AM1.72511.39781.72513.7593828Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8280.40000The 3D Target 2020 Balanced model is designed for those planning on retiring in or about the year 2020 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2020 Balanced model is designed for those planning on retiring in or about the year 2020 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7038
ModelxChange3D Asset Management3D Target 2020 Conservative6/30/2015 12:00:00 AM1084Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10840.40000The 3D Target 2020 Conservative model is designed for those planning on retiring in or about the year 2020 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2020 Conservative model is designed for those planning on retiring in or about the year 2020 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.6853
ModelxChange3D Asset Management3D Target 2025 Aggressive6/30/2015 12:00:00 AM725Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7250.40000The 3D Target 2025 Aggressive model is designed for those planning on retiring in or about the year 2025 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2025 Aggressive model is designed for those planning on retiring in or about the year 2025 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7329
ModelxChange3D Asset Management3D Target 2025 Balanced6/30/2015 12:00:00 AM1.99961.72171.99964.335813.2106729Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7290.40000The 3D Target 2025 Balanced model is designed for those planning on retiring in or about the year 2025 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2025 Balanced model is designed for those planning on retiring in or about the year 2025 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7128
ModelxChange3D Asset Management3D Target 2025 Conservative6/30/2015 12:00:00 AM1.30260.97021.30262.9432738Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7380.40000The 3D Target 2025 Conservative model is designed for those planning on retiring in or about the year 2025 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2025 Conservative model is designed for those planning on retiring in or about the year 2025 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.6931
ModelxChange3D Asset Management3D Target 2030 Aggressive6/30/2015 12:00:00 AM1082Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10820.40000The 3D Target 2030 Aggressive model is designed for those planning on retiring in or about the year 2030 and who desire to take a aggressive investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2030 Aggressive model is designed for those planning on retiring in or about the year 2030 and who desire to take a aggressive investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7383
ModelxChange3D Asset Management3D Target 2030 Balanced829Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8290.40000The 3D Target 2030 Balanced model is designed for those planning on retiring in or about the year 2030 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2030 Balanced model is designed for those planning on retiring in or about the year 2030 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7186
ModelxChange3D Asset Management3D Target 2030 Conservative6/30/2015 12:00:00 AM1085Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10850.40000The 3D Target 2030 Conservative model is designed for those planning on retiring in or about the year 2030 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2030 Conservative model is designed for those planning on retiring in or about the year 2030 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.6990
ModelxChange3D Asset Management3D Target 2035 Aggressive6/30/2015 12:00:00 AM2.67281.11512.67284.5593726Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7260.40000The 3D Target 2035 Aggressive model is designed for those planning on retiring in or about the year 2035 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2035 Aggressive model is designed for those planning on retiring in or about the year 2035 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7411
ModelxChange3D Asset Management3D Target 2035 Balanced6/30/2015 12:00:00 AM2.45172.07712.45174.722516.1398731Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7310.40000The 3D Target 2035 Balanced model is designed for those planning on retiring in or about the year 2035 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2035 Balanced model is designed for those planning on retiring in or about the year 2035 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7217
ModelxChange3D Asset Management3D Target 2035 Conservative6/30/2015 12:00:00 AM1.65991.47201.65993.5916740Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7400.40000The 3D Target 2035 Conservative model is designed for those planning on retiring in or about the year 2035 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2035 Conservative model is designed for those planning on retiring in or about the year 2035 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7027
ModelxChange3D Asset Management3D Target 2045 Aggressive6/30/2015 12:00:00 AM2.65012.31372.65015.7632727Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7270.40000The 3D Target 2045 Aggressive model is designed for those planning on retiring in or about the year 2045 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2045 Aggressive model is designed for those planning on retiring in or about the year 2045 and who desire to take an aggressive investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7426
ModelxChange3D Asset Management3D Target 2045 Balanced6/30/2015 12:00:00 AM2.25162.05352.25165.046917.2865733Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7330.40000The 3D Target 2045 Balanced model is designed for those planning on retiring in or about the year 2045 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2045 Balanced model is designed for those planning on retiring in or about the year 2045 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7243
ModelxChange3D Asset Management3D Target 2045 Conservative6/30/2015 12:00:00 AM1.64451.39571.64453.777211.0117741Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7410.40000The 3D Target 2045 Conservative model is designed for those planning on retiring in or about the year 2045 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2045 Conservative model is designed for those planning on retiring in or about the year 2045 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7057
ModelxChange3D Asset Management3D Target 2055 Aggressive6/30/2015 12:00:00 AM1083Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10830.40000The 3D Target 2055 Aggressive model is designed for those planning on retiring in or about the year 2055 and who desire to take a aggressive investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2055 Aggressive model is designed for those planning on retiring in or about the year 2055 and who desire to take a aggressive investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7426
ModelxChange3D Asset Management3D Target 2055 Balanced830Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8300.40000The 3D Target 2055 Balanced model is designed for those planning on retiring in or about the year 2055 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2055 Balanced model is designed for those planning on retiring in or about the year 2055 and who desire to take a balanced investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7245
ModelxChange3D Asset Management3D Target 2055 Conservative6/30/2015 12:00:00 AM1086Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10860.40000The 3D Target 2055 Conservative model is designed for those planning on retiring in or about the year 2055 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. To deliver the performance of capital markets to investors as cost efficiently as possible, and increase return potential with advanced portfolio design. We focus on: structuring portfolios that seek to achieve a desired level of expected return over time; investing in broad markets, not in active managers attempting to beat the market; managing portfolio risks and investment costs; and, ensuring complete costs-transparency. Additionally, the 3D Target 2055 Conservative model is designed for those planning on retiring in or about the year 2055 and who desire to take a conservative investment approach for that portion of their retirement savings represented by their participation in this account. 3D believes that individuals’ risk tolerances vary and that different investors retiring in the same year may have different tolerances for various investment risks. 3D’s Target Date Strategies use a glide path algorithm to manage the risk level associated with each portfolio's asset allocation. 3D’s asset allocation strategies, each combining up to 20 ETFs into one single investment option, offer investors multi-asset class diversification, cost control, and simplicity. 0.7063
ModelxChange3D Asset Management3D/Newfound PrudentPath 20156/30/2015 12:00:00 AM1.67832.06011.67831472Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14720.60000The portfolio is appropriate for conservative investors seeking to minimize equity exposure with the goal of reducing overall risk and achieving current income. This Fund is designed for an investor with a projected retirement date on or around the year 2015. Portfolio upside potential will be provided by a strategically invested allocation of Exchange Traded Funds (ETPs) composed of primarily fixed income with smaller allocations to equity and alternative asset classes. Downside protection will be provided by absolute and relative exposure models designed to tactically adjust the portfolio allocation of equity vs. fixed income vs. cash to changing market conditions. The maximum allocation to equity in the portfolio declines according to the Glide Path as the target date approaches.0.9063
ModelxChange3D Asset Management3D/Newfound PrudentPath 20206/30/2015 12:00:00 AM0.76340.29110.76341473Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14730.60000The portfolio is appropriate for conservative investors seeking to minimize equity exposure with the goal of reducing overall risk and achieving current income and modest capital growth. This Fund is designed for an investor with a projected retirement date on or around the year 2020. Portfolio upside potential will be provided by a strategically invested allocation of Exchange Traded Funds (ETPs) composed of primarily fixed income with modest allocations to equity and alternative asset classes. Downside protection will be provided by absolute and relative exposure models designed to tactically adjust the portfolio allocation of equity vs. fixed income vs. cash to changing market conditions. The maximum allocation to equity in the portfolio declines according to the Glide Path as the target date approaches.0.9227
ModelxChange3D Asset Management3D/Newfound PrudentPath 20256/30/2015 12:00:00 AM2.13641.31992.13641474Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14740.60000The portfolio is appropriate for moderately conservative investors seeking to invest in both fixed income and equities with the goal of reducing risk and achieving conservative to moderate capital growth as well as some current income. This Fund is designed for an investor with a projected retirement date on or around the year 2025. Portfolio upside potential will be provided by a strategically invested allocation of Exchange Traded Funds (ETPs) composed of fixed income equity and alternative asset classes. Downside protection will be provided by absolute and relative exposure models designed to tactically adjust the portfolio allocation of equity vs. fixed income vs. cash to changing market conditions. The maximum allocation to equity in the portfolio declines according to the Glide Path as the target date approaches.0.9329
ModelxChange3D Asset Management3D/Newfound PrudentPath 20306/30/2015 12:00:00 AM2.49581.52302.49581475Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14750.60000The portfolio seeks is appropriate for a moderate investor who seeks to invest in both fixed income and equities with the goal of reducing risk and achieving moderate capital growth This Fund is designed for an investor with a projected retirement date on or around the year 2030. Portfolio upside potential will be provided by a strategically invested allocation of Exchange Traded Funds (ETPs) composed of equity, fixed income and alternative asset classes. Downside protection will be provided by absolute and relative exposure models designed to tactically adjust the portfolio allocation of equity vs. fixed income vs. cash to changing market conditions. The maximum allocation to equity in the portfolio declines according to the Glide Path as the target date approaches.0.9383
ModelxChange3D Asset Management3D/Newfound PrudentPath 20356/30/2015 12:00:00 AM2.32961.25662.32961476Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14760.60000The portfolio is appropriate for a moderate to aggressive investor who seeks to invest in both equities and fixed income with the goal of reducing risk and achieving moderate to aggressive capital growth. This Fund is appropriate for an investor with a projected retirement date on or around the year 2035. Portfolio upside potential will be provided by a strategically invested allocation of Exchange Traded Funds (ETPs) composed of equity, fixed income and alternative asset classes. Downside protection will be provided by absolute and relative exposure models designed to tactically adjust the portfolio allocation of equity vs. fixed income vs. cash to changing market conditions. The maximum allocation to equity in the portfolio declines according to the Glide Path as the target date approaches.0.9411
ModelxChange3D Asset Management3D/Newfound PrudentPath 20456/30/2015 12:00:00 AM2.34591.25612.34591477Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14770.60000The portfolio is appropriate for a an aggressive investor who seeks significant equity exposure with the goal of achieving capital growth and some income while providing downside protection for an investor with a projected retirement date on or around the year 2045. Portfolio upside potential will be provided by a strategically invested allocation of Exchange Traded Funds (ETPs) composed of primarily equities with smaller allocations to fixed income and alternative asset classes. Downside protection will be provided by absolute and relative exposure models designed to tactically adjust the portfolio allocation of equity vs. fixed income vs. cash to changing market conditions. The maximum allocation to equity in the portfolio declines according to the Glide Path as the target date approaches.0.9426
ModelxChange3D Asset Management3D/Newfound PrudentPath 20556/30/2015 12:00:00 AM2.73871.64112.73871478Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14780.60000The portfolio is appropriate for an aggressive investor who seeks to maximize equity exposure with the goal of achieving long term capital growth. This Fund is appropriate for an investor with a projected retirement date on or around the year 2055. Portfolio upside potential will be provided by a strategically invested allocation of Exchange Traded Funds (ETPs) composed of primarily equities and alternative asset classes with potentially small allocations to fixed income. Downside protection will be provided by absolute and relative exposure models designed to tactically adjust the portfolio allocation of equity vs. fixed income vs. cash to changing market conditions. The maximum allocation to equity in the portfolio declines according to the Glide Path as the target date approaches.0.9426
ModelxChange7th Harvest Investments7th Harvest All Bond6/30/2015 12:00:00 AM1099Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10990.35000The LTWA All Bond Allocation is a diversified asset allocation model investing in bonds through funds. It seeks to provide maximum total return consistent with the risk that conservative investors may be willing to accept. 297 characters The LTWA All Bond Allocation model seeks an efficient combination of asset classes for investors with a conservative risk/return profile, and focuses on investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the model is continually rebalanced back to the target asset allocation mix in an ongoing effort to manage risk at the desired level. 0.6380
ModelxChange7th Harvest Investments7th Harvest Retirement 20306/30/2015 12:00:00 AM1763Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17631.00000The 7th Harvest Retirement 2030 model seeks an efficient combination of asset classes for investors seeking to retire in the year 2030. Over time, as investments fluctuate, the model is strategically adjusted to optimize its target allocation and manage risk at a desired level.1.0000
ModelxChange7th Harvest Investments7th Harvest Retirement 20406/30/2015 12:00:00 AM1764Target Date 2036-2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17641.00000The 7th Harvest Retirement 2040 model seeks an efficient combination of asset classes for investors seeking to retire in the year 2040. Over time, as investments fluctuate, the model is strategically adjusted to optimize its target allocation and manage risk at a desired level.1.0000
ModelxChange7th Harvest Investments7th Harvest Retirement 2050949Target Date 2046-2050 https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9491.00000The LTWA All Asset Allocation is a diversified asset allocation model investing U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. It seeks to provide maximum total return consistent with the risk that moderate investors may be willing to accept. The LTWA All Asset Allocation model seeks an efficient combination of asset classes for investors with a moderate risk/return profile, and focuses on investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the model is continually rebalanced back to the target asset allocation mix in an ongoing effort to manage risk at the desired level. 1.0860
ModelxChange7th Harvest Investments7th Harvest Retirement Income951Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9510.35000The LTWA Absolue Income Allocation is a diversified asset allocation model investing U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. It seeks to provide maximum total return consistent with the risk that growth investors may be willing to accept. The LTWA Absolue Income Allocation model seeks an efficient combination of asset classes for investors with a moderate risk/return profile, and focuses on investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the model is continually rebalanced back to the target asset allocation mix in an ongoing effort to manage risk at the desired level. 1.7810
ModelxChange7th Harvest InvestmentsLTWA Conservative Allocation6/30/2015 12:00:00 AM0.61981.82457.84590.61986.231411.768510.53060.58954.581.67909Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9090.00000The LTWA Conservative Allocation is a diversified asset allocation fund investing U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. It seeks to provide maximum total return consistent with the risk that a conservative investors may be willing to accept. The LTWA Conservative Allocation fund seeks an efficient combination of asset classes for investors with a conservative risk-return profile, and focuses on underlying investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the model is strategically adjusted to optimize its target allocation and manage risk at a desired level.0.0745
ModelxChange7th Harvest InvestmentsLTWA Growth Allocation6/30/2015 12:00:00 AM2.48294.100412.49702.48298.262519.152014.7613-1.258181.51907Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9070.00000The LTWA Growth Allocation is a diversified asset allocation fund investing U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. It seeks to provide maximum total return consistent with the risk that growth investors may be willing to accept. The LTWA Growth Allocation fund seeks an efficient combination of asset classes for investors with a growth risk/return profile, and focuses on underlying investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the model is strategically adjusted to optimize its target allocation and manage risk at a desired level.0.0750
ModelxChange7th Harvest InvestmentsLTWA Moderate Allocation6/30/2015 12:00:00 AM1.77732.10228.94101.77736.499513.610910.53060.58956.21.41908Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9080.00000The LTWA Moderate Allocation is a diversified asset allocation fund investing U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. It seeks to provide maximum total return consistent with the risk that moderate investors may be willing to accept. The LTWA Moderate Allocation fund seeks an efficient combination of asset classes for investors with a moderate risk-return profile, and focuses on underlying investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the model is strategically adjusted to optimize its target allocation and manage risk at a desired level.0.0855
ModelxChangeAlpha Investment Management, Inc.Alpha / The Formula6/30/2015 12:00:00 AM1.16214.86549.40599.82851.16215.274616.484911.79401.44278.1610.131.140.971186Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11860.50000The Formula™ is a strategy designed for investors seeking a long-term, systematic approach to risk management of equity capital. The primary objective of this strategy is to avoid large losses. The Formula™ seeks to accomplish this by restricting investment in the stock market to well-defined time periods when the odds of positive returns are significantly higher than average. The Formula™ is an investment model that specifies an asset allocation strategy based on the annual forecasting cycle and the four-year presidential election cycle. The model determines, in advance, when to be invested in equities and when to be invested in bonds. The investment components of the model are: the S&P MidCap 400 Index, the S&P 500 Index, the NASDAQ 100 Index, and an Intermediate Treasury Index fund. Over the course of the four-year cycle, the model is invested 29% of the time in bonds and 71% of the time in equities.0.6473
ModelxChangeAlpha Investment Management, Inc.Alpha Bonds Strategy6/30/2015 12:00:00 AM0.08174.36814.88545.35900.08176.74352.04419.54432.580810.03334.14.081.171.29215Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2150.50000The objective of this strategy is to return 8% - 12% per annum over rolling five year periods. To supplement the natural returns of select intermediate and short-term bond funds with a limited exposure to equities in the fourth quarter of the year. Each year, the strategy assumes a normal allocation of intermediate and short-term bond funds from January until late-October. At that point, 60% of the portfolio is dedicated to three predetermined sub-periods totaling 20 days in the fourth quarter using a leveraged (1.5 Beta) Russell 2000 index fund, while 40% of the portfolio remains in bonds. When not invested in the three sub-periods in the fourth quarter, 60% of the portfolio is invested in a money market fund.0.8100
ModelxChangeAlpha Investment Management, Inc.Alpha Mid-Cap Power Index Managed Account6/30/2015 12:00:00 AM3.69169.111913.296211.70513.69167.538220.168514.0760-1.371220.40227.438.981.721.28216Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2160.50000The objective of this strategy is to exploit the fact that equity returns tend to be “skewed” into the November through May period over time. Each year, the strategy holds an index fund that seeks to replicate the returns of the S&P MidCap 400 Index from late-October through May, then shifts to an Intermediate Treasury Index fund for the remainder of the year. During the fourth quarter, the index fund is leveraged by 50% during three predetermined sub-periods totaling 20 days.0.6500
ModelxChangeAlpha Investment Management, Inc.Alpha Seasonal Strategy6/30/2015 12:00:00 AM0.71486.15546.88696.06520.71487.13477.199413.7044-5.999710.17127.618.560.910.73217Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2170.50000The objective of this strategy is to achieve gains every year while avoiding large losses, and that these gains, over time, will be high enough to offset the effects of inflation and taxes, providing a meaningful real rate of return. This strategy seeks to have exposure to equities during very restricted time periods, when the risk of loss is low, by exploiting persistent seasonal factors which have affected risk and return for decades. During each pre-election year of the four-year presidential election cycle, the strategy is fully invested in equities from January to the end of September (equally divided between S&P 500 and NASDAQ 100). During the post-election, mid-term and election years of the election cycle, the strategy is invested 50% in equities (S&P 500) and 50% in conservative bond funds from January to April, then shifts to 100% conservative bond funds until the end of October. During the fourth quarter of each year, the strategy is dedicated to three predetermined sub-periods totaling 20 days using a Russell 2000 index fund leveraged by 50%. When not invested in the three sub-periods in the fourth quarter, the model is invested in a money market fund. 0.6473
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Aggressive Growth6/30/2015 12:00:00 AM1.7847-0.102510.579410.39541.78472.631218.533515.4529-5.332513.18047.1511.751.440.91590Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15900.00000The Aggressive Growth Model Portfolio seeks to deliver long-term capital appreciation and some income by investing in a diversified portfolio of carefully selected equity, fixed income, and alternative investments. It employs a strategic asset-allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 76.4% Stocks, 11.3% Bonds, 10.1% Cash, and 2.2% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.08000.16221.1457
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Aggressive Income6/30/2015 12:00:00 AM-0.8498-5.46334.48926.0897-0.84981.87466.112713.62972.354711.79473.775.211.171.151592Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15920.00000The Aggressive Income Model Portfolio seeks to maximize current income by investing in a diversified portfolio primarily comprised of carefully selected fixed income investments and, at times, modest exposure to equity and alternative investments. It employs a strategic asset allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 8.4% Stocks, 72.1% Bonds, 14.3% Cash, and 5.2% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.13000.15001.0232
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Conservative6/30/2015 12:00:00 AM-0.3241-0.10463.77585.1832-0.32414.53252.176010.16853.80199.09013.233.81.151.341596Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15960.00000The Conservative Model Portfolio seeks to provide total return consistent with a broadly diversified mix of domestic and foreign debt securities as well as a modest allocation to equities. It employs a strategic asset-allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 11.6% Stocks, 71.6% Bonds, 12.9% Cash, and 3.9% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.04000.18050.9497
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Conservative Income6/30/2015 12:00:00 AM-1.1021-2.39022.61613.1564-1.10212.69562.30457.76141.16886.01382.232.851.151.091593Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15930.00000The Conservative Income Model Portfolio seeks to deliver current income by investing in a diversified portfolio primarily comprised of carefully selected fixed income investments and, at times, modest exposure to equity and alternative investments. It employs a strategic asset allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 7% Stocks, 62.5% Bonds, 22.2% Cash, and 8.3% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.06000.18351.0070
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Equity Plus6/30/2015 12:00:00 AM2.0283-0.023111.768011.24512.02832.798621.001116.3931-7.069413.58777.8813.221.450.871591Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15910.00000The Equity Plus Model Portfolio seeks to deliver long-term capital appreciation by investing in a diversified portfolio of carefully selected equity and alternative investments. It employs a strategic asset-allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 88.3% Stocks, 0.7% Bonds, 9.3% Cash, and 1.7% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.07750.15781.1540
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Growth6/30/2015 12:00:00 AM1.39260.04279.33329.54401.39263.201415.482214.4667-3.203312.49656.179.921.470.971594Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15940.00000The Growth Model Portfolio seeks to deliver long-term capital appreciation as well as some income by investing in a diversified portfolio of carefully selected equity, fixed income, and alternative investments. It employs a strategic asset-allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 63.6% Stocks, 22.8% Bonds, 10.8% Cash, and 2.8% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.07500.16471.1567
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Moderate6/30/2015 12:00:00 AM0.79930.39477.72918.33880.79933.998711.448813.0094-1.052911.95084.97.771.541.071589Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15890.00000The Moderate Model Portfolio seeks to provide both capital appreciation and income through a diversified set of equity and debt investments, as well as a modest allocation to alternative investments. It employs a strategic asset-allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 46.8% Stocks, 36.8% Bonds, 12.3% Cash, and 4.1% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.06750.20881.2868
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Moderate Conservative6/30/2015 12:00:00 AM0.39590.40916.19607.20200.39594.27887.649212.00181.289111.33854.095.991.481.191595Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15950.00000The Moderate Conservative Model Portfolio seeks to deliver current income with some long-term capital appreciation by investing in a diversified portfolio of carefully selected fixed income and equity investments, and to provide some exposure to alternative investments. It employs a strategic asset-allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 31.1% Stocks, 52.8% Bonds, 12.2% Cash, and 3.8% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.05750.17281.0644
ModelxChangeAMG FundsAMG Funds - ManagersChoice - Moderate Income6/30/2015 12:00:00 AM-0.8658-3.31383.88575.3598-0.86583.44783.884011.62673.82429.44903.093.911.231.341597Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15970.00000The Moderate Income Model Portfolio seeks to deliver current income by investing in a diversified portfolio primarily comprised of carefully selected fixed income investments and, at times, modest exposure to equity and alternative investments. It employs a strategic asset allocation approach and is actively managed through investments in mutual funds covering multiple asset classes and investment styles. This Portfolio consists of approximately 8.1% Stocks, 70.2% Bonds, 14.7% Cash, and 7% Other Investments. The composition represents the net values (long allocation - short allocation) of the four primary asset categories - Equity, Bond, Cash, and Other. When an asset category net position is short (negative), net values that are long (positive) are rescaled after eliminating the asset category that is short.0.09250.17151.0223
ModelxChangeAMP Wealth ManagementBalanced 60-40 Quantfolio6/30/2015 12:00:00 AM0.82162.20299.68318.82940.82165.227517.668911.8029-2.924010.92145.528.341.71.051682Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16820.50000This portfolio is for the investor who seeks moderate growth. With a 60% allocation to equities, this portfolio bears a moderate amount of risk with the potential for modest appreciation. The 40% fixed income portion may reduce the impact of the stock market volatility. There are times when this portfolio may be less than 60% invested in equities due to market conditions. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 60 percent to equity securities but may reduce this amount based on the market cycle. 0.13750.09151.1932
ModelxChangeAMP Wealth ManagementConservative 20-80 Quantfolio1684Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16840.50000This portfolio is for the investor whose seeks to protect their capital and is willing to forgo potentially higher returns in order to avoid risk. The 80% allocation to fixed income provides for preservation of assets. The small allocation to equities reduces the investment risk and provides modest capital appreciation. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 20 percent to equity securities but may reduce this amount based on the market cycle. 0.13250.09651.1031
ModelxChangeAMP Wealth ManagementGrowth 80/20 Quantfolio6/30/2015 12:00:00 AM1.27542.915012.141010.51391.27546.271423.492213.1967-4.383310.99726.7510.241.731.031680Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16800.50000The growth portfolio is for the aggressive investor who seeks growth with some reduction in risk. With an 80% allocation to equities, this portfolio bears a moderately high level of risk with the potential for meaningful appreciation. The 20% fixed income portion helps to dampen the risk. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 80 percent to equity securities but may reduce this amount based on the market cycle.0.13250.08301.2225
ModelxChangeAMP Wealth ManagementGrowth and Income 70-30 Quantfolio6/30/2015 12:00:00 AM1.04833.108210.98379.76111.04836.249520.171912.5196-3.807211.36665.979.291.771.051681Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16810.50000This portfolio is for the moderately aggressive investor who seeks reasonable growth with some reduction in risk. With a 70% allocation to equities, this portfolio bears a moderately high level of risk with the potential for meaningful appreciation. The 30% fixed income portion helps to dampen the risk. There are times when this portfolio may be less than 70% invested in equities due to market conditions. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 70 percent to equity securities but may reduce this amount based on the market cycle. 0.14000.09151.2259
ModelxChangeAMP Wealth ManagementModerately Conservative 50-50 Quantfolio6/30/2015 12:00:00 AM-0.05751.32869.15608.8543-0.05758.130214.397410.9647-0.535811.51324.837.151.831.221683Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16830.50000This portfolio is for the investor who seeks relative investment stability with modest increase in their portfolio value. A 50% allocation to fixed income may reduce the impact of market volatility. The 50% allocation to equities provides for some modest returns and growth. There are times when this portfolio may be less than 50% invested in equities due to market conditions. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 50 percent to equity securities but may reduce this amount based on the market cycle. 0.13250.08051.1376
ModelxChangeArgentus Partners, LLCBCM SECTOR ROTATION6/30/2015 12:00:00 AM-2.2113-3.5026-2.21131326Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13260.40000The BCM Sector Rotation IDX strategy is designed for investors who want to invest in an index- based, "core" U.S. equity portfolio. The strategy invests primarily in ETFs from any or all of the nine sectors which comprise the S&P 500(R) Index. The objective of this strategy is to outperform its benchmark (the S&P 500) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The strategy is "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1- 3 month T- Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. The portfolio uses significant risk controls and rebalances monthly.0.5964
ModelxChangeArgentus Partners, LLCCLARK CAPITAL FIXED INCOME TOTAL RETURN6/30/2015 12:00:00 AM3.6036-3.37331.67925.10043.603610.48825.956413.89891310High Yield Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13100.45000CLARK CAPITAL FIXED INCOME TOTAL RETURN 0.04770.07451.0700
ModelxChangeArgentus Partners, LLCCOUGAR GLOBAL MAR 86/30/2015 12:00:00 AM2.42003.53962.42001330Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13300.35000Cougar Global is a macro- driven, global tactical as set allocation strategist utilizing exchange traded products (ETPs) to gain exposure to various asset classes such as equities, fixed income, and commodities. The three steps in the investment process consist of a proprietary macro- economic scenario analysis, updating the expected return distribution and correlations for each scenario, and generating an optimal mix for each model each month. The process creates the highest expected return constrained to the specific level of downside risk consistent for each mandate. Each mandate has a goal, a "Minimal Acceptable Rate of Return" or "MAR". The "MAR" is designed to meet the needs of clients at various stages of their life cycle. The MAR 8 strategy has a 10% or less probability of negative returns constraint, aimed at investors seeking growth with income.0.6015
ModelxChangeArgentus Partners, LLCGOOD HARBOR US TACTICAL CORE6/30/2015 12:00:00 AM2.93836.96278.801812.26062.93837.814414.368813.32371309Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13090.40000Portfolios in the Good Harbor U.S. Tactical Core composite are managed using the Good Harbor Tactical Allocation Model, a long only strategy seeking to outperform the S&P 500 by allocating investments across various asset classes, including domestic stocks, domestic bonds, and money market instruments. The strategy is not restricted to a minimum percentage in either stocks or bonds. The Good Harbor Tactical Model assumes the existence of two key relationships. The first is that bonds outperform stocks during recessions. The second is that stock and bond sectors exhibit monthly momentum. The model uses a momentum component to align with broad market indices during sustained market rallies, while incorporating yield curve and economic data to take defensive positions in fixed income and money market instruments when weaker market conditions are anticipated.0.6093
ModelxChangeArgentus Partners, LLCHAYS INTERNATIONAL ETF1312Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13120.45000The International ETF portfolio is a flexible, actively managed International portfolio that can include investments in both developed and emerging foreign economies. The strategy uses a proprietary, Tactical Asset Allocation Model that considers relevant indicators among Psychology, Monetary, and Valuation paired with a technical, trend following overlay, the Hays Market Trend Analyzer that looks to avoid major market downside. This approach is designed to take advantage of major market turning points & remove emotions from investing. The portfolio can increase its cash position or initiate a US Treasury allocation when the model recommends less equity exposure and sees an investment opportunity in fixed income. Particular emphasis is put on ETFs featuring improving relative strength rankings. To be considered for investment, an ETF must rank in the top 20% of the entire ETF universe. This quantitative ETF selection process targets top- performing ETFs abroad, and results a portfolio 1.1380
ModelxChangeArgentus Partners, LLCHAYS TMAC ALPHA6/30/2015 12:00:00 AM2.07275.63607.55560.620212.61181311Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13110.45000The Tactical Multi- Asset Class (TMAC) portfolios use an actively managed Exchange Traded Fund (ETF) strategy that allows diversification across less correlated asset classes: Domestic, International, Treasuries, Real Estate, and Commodities. Trend following Market Trend Analyzers (MTA) and Hays' unique Asset Allocation Model (AAM) are also applied to reduce risk in the portfolio. Unlike the other portfolios that we offer that have the goal of outperforming the market for the long- term, the goal of the TMAC portfolios is to provide protection against significant downside while delivering solid returns. These portfolios can go to 100% cash if our indicators detect excessive risk across markets. TMAC offers a base allocation of 20% to the five asset classes, each of which can go to 100% cash. TMAC EF offers more exposure to the Domestic and International markets, but applies the same risk management tools to reduce risk and portfolio volatility.0.9008
ModelxChangeArgentus Partners, LLCLONGVIEW GLOBAL ALLOCATION6/30/2015 12:00:00 AM-0.5905-0.8583-0.59051327Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13270.35000The Longview Global Allocation strategy is driven by relative strength measures, which enable us to identify changes in the global macro- economic environment. The strategy utilizes exchange- traded products (ETPs) to gain exposure to various asset classes such as equities, fixed income, commodities, etc. The strategy seeks to provide positive returns during economic expansions and will utilize defensive positioning to mitigate losses during economic contractions. Defensive positioning can range from overweighting cash and fixed income, to using ETPs with inverse exposure to broad equity markets. Our mandate allows us to change the portfolio’ s construction based on the changing realities of the global markets as we seek to reduce downside risk and provide positive returns across market cycles.0.8573
ModelxChangeArgentus Partners, LLCW. E. DONOGHUE & CO. - CONSERVATIVE TACTICAL6/30/2015 12:00:00 AM1329Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13290.40000The Conservative Tactical Growth Portfolio is designed for investors who seek the upside potential of sector rotation into domestic stocks coupled with defensive bond fund management. This actively managed portfolio will rotate 50% of the assets amongst domestic sector and index funds, broad asset class funds, and fixed income funds. The rotating portion of the portfolio consists of a maximum of 10 funds from a universe of at least 25 funds. The remaining 50% of the assets will be defensively invested in bond funds and accompanied by our proprietary risk- reducing system that moves assets to money market funds when necessary. This portfolio has the ability to invest up to 80% of its assets in fixed income funds. The universe of funds may consist of open- ended mutual funds, exchange traded funds, or variable insurance sub- accounts. The Conservative Tactical Growth Portfolio is designed to create a risk level below that of the S&P 500.1.8031
ModelxChangeArgentus Partners, LLCW. E. DONOGHUE & CO. - POWER SECTOR6/30/2015 12:00:00 AM-6.6737-7.7840-6.67371328Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13280.40000This portfolio is for investors who seek high market return potential from an actively-managed portfolio of sector, single country, regional, international stock, fixed income and money market funds. The portfolio holds four funds, at any given time, from a universe of as many as 25+ (universe may vary depending on availability). The Power Sector Fund Portfolio is designed to track the continuing sector rotation of the markets as well as the general moves among stocks, bonds and international markets. Holding four funds at any given time provides greater diversification than holding one, which provides greater stability at the cost of some upside potential.0.7800
ModelxChangeAssetMarkAssetMark / Eaton Vance Absolute Return6/30/2015 12:00:00 AM1.28731.50900.98451.61031.28731.6394-1.30412.82890.90111.431.60.660.97428Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4280.45000The profile is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to avoid downside risk. The strategy seeks to provide modest positive returns over time regardless of market direction with volatility being managed to a 2-5% range. The strategy leverages forward looking estimates developed from both quantitative and fundamental research into scenario analysis to create an unconstrained yet risk controlled asset allocation. The risk emphasized framework creates the base from which optimized portfolios look to diversify exposures across both beta and alpha sources while seeking to limit downside participation.0.25580.25001.6499
ModelxChangeAssetMarkAssetMark / Eaton Vance Growth6/30/2015 12:00:00 AM2.29591.33995.69552.29593.04938.09458.1056-0.66404.091.36427Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4270.45000The profile is designed for an investor who seeks significant capital appreciation and is tolerant of the risk of downside loss and volatility of returns. The strategy leverages forward looking estimates developed from both quantitative and fundamental research into scenario analysis to create an unconstrained yet risk controlled asset allocation. The risk emphasized framework creates the base from which optimized portfolios look to diversify exposures across both beta and alpha sources while seeking to limit downside participation.0.25310.25001.6604
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate6/30/2015 12:00:00 AM1.81361.80652.34701.81362.49340.57934.75250.48452.091.1425Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4250.45000The profile is designed for an investor who seeks to balance downside risks to capital and capital appreciation. The strategy leverages forward looking estimates developed from both quantitative and fundamental research into scenario analysis to create an unconstrained yet risk controlled asset allocation. The risk emphasized framework creates the base from which optimized portfolios look to diversify exposures across both beta and alpha sources while seeking to limit downside participation.0.25710.25001.6849
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate Conservative6/30/2015 12:00:00 AM1.54631.52321.57491.54631.5861-0.24473.73221.13971.640.93424Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4240.45000The profile is designed for an investor who seeks to preserve capital but wishes to earn a return sufficient to preserve purchasing power. The strategy leverages forward looking estimates developed from both quantitative and fundamental research into scenario analysis to create an unconstrained yet risk controlled asset allocation. The risk emphasized framework creates the base from which optimized portfolios look to diversify exposures across both beta and alpha sources while seeking to limit downside participation.0.25610.25001.6610
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate Growth6/30/2015 12:00:00 AM2.27881.83303.95972.27882.63333.98886.23170.10792.881.35426Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4260.45000The profile is designed for an investor who seeks enhanced capital appreciation but is willing to accept greater risk of downside loss and volatility of returns. The strategy leverages forward looking estimates developed from both quantitative and fundamental research into scenario analysis to create an unconstrained yet risk controlled asset allocation. The risk emphasized framework creates the base from which optimized portfolios look to diversify exposures across both beta and alpha sources while seeking to limit downside participation.0.25640.25001.6721
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Conservative6/30/2015 12:00:00 AM-0.18780.34502.5553-0.18783.45012.20664.61073.010.84450Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4500.00000The profile is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to avoid downside risk. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.1.1154
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Growth6/30/2015 12:00:00 AM2.10480.91787.96792.10482.767614.36859.23336.021.3454Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4540.00000The profile is designed for an investor who seeks significant capital appreciation and is tolerant of the risk of downside loss and volatility of returns. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.1.3193
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Moderate6/30/2015 12:00:00 AM0.98580.70525.39970.98583.19148.45677.07694.371.22452Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4520.00000The profile is designed for an investor who seeks to balance downside risks to capital and capital appreciation. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.1.2684
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Moderate Conservative6/30/2015 12:00:00 AM0.24980.51393.75470.24983.37524.87225.57533.471.07451Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4510.00000The profile is designed for an investor who seeks to preserve capital but wishes to earn a return sufficient to preserve purchasing power. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.1.1836
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Moderate Growth6/30/2015 12:00:00 AM1.58910.84366.43861.58913.036110.71637.80615.061.25453Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4530.00000The profile is designed for an investor who seeks enhanced capital appreciation but is willing to accept greater risk of downside loss and volatility of returns. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.1.2958
ModelxChangeAssetMarkAssetMark / GPS Focused Absolute Return6/30/2015 12:00:00 AM0.2113-0.23101.66440.21132.7324-0.58494.19742.540.641431Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14310.00000The profile is designed for an investor who seeks to balance downside risks to capital and capital appreciation. The strategy seeks to provide a low volatility experience through an Absolute Return asset allocation in an effort to take advantage of shorter-term opportunities to achieve consistent absolute positive returns over time regardless of the market environment. It is important to understand that an absolute return strategy seeks to minimize losses while secondarily striving to maximize total return, and the strategy is likely to underperform during strong market rallies. The combination of viewpoints from different research providers allows GPS strategies to diversify the specific risk associated with a single portfolio strategist’s viewpoint.1.1500
ModelxChangeAssetMarkAssetMark / JP Morgan Absolute Return Conservative6/30/2015 12:00:00 AM-0.4103-0.07083.73313.3231-0.41032.33086.40936.1142-0.71312.66842.593.151.411.04420Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4200.45000The profile is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to minimize downside risk. The strategy seeks to provide modest positive returns over time regardless of market direction with volatility being managed to a 2-5% range. The strategic baseline starts with a strategic allocation that includes 30%-40% exposure to core strategies and 60%-70% exposure to opportunistic strategies. The core allocation provides the potential to outperform cash over the longer-term with very little market exposure, while the opportunistic exposures are added to potentially enhance returns. Quantitative models are combined with qualitative insights in implementing the tactical moves.0.25000.25001.6534
ModelxChangeAssetMarkAssetMark / JP Morgan Conservative6/30/2015 12:00:00 AM0.32580.83315.10176.01390.32584.70225.390710.20662.19098.95513.434.481.461.32417Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4170.45000The profile is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to minimize downside risk. The strategy emphasizes the benefits of diversification across asset classes, as well as, strategies within each asset class in seeking to provide high risk-adjusted returns. Strategic asset allocation is determined using a 10-15 year outlook, while tactical risk controlled shifts are conducted based upon a 3-12 month outlook. The long-term capital market assumptions used in developing the strategic policy are reviewed by senior heads across the firm on an annual basis. Quantitative models are combined with qualitative insights in implementing the shorter term views.0.25000.25001.3457
ModelxChangeAssetMarkAssetMark / JP Morgan Growth6/30/2015 12:00:00 AM2.97964.322414.393313.61522.97967.142824.570018.0628-5.681415.36618.1112.951.71.05419Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4190.45000The profile is designed for an investor who seeks significant capital appreciation and is willing to accept a correspondingly greater risk of loss and volatility of returns. The strategy emphasizes the benefits of diversification across asset classes, as well as, strategies within each asset class in seeking to provide high risk-adjusted returns. Strategic asset allocation is determined using a 10-15 year outlook, while tactical risk controlled shifts are conducted based upon a 3-12 month outlook. The long-term capital market assumptions used in developing the strategic policy are reviewed by senior heads across the firm on an annual basis. Quantitative models are combined with qualitative insights in implementing the shorter term views.0.25000.25001.7156
ModelxChangeAssetMarkAssetMark / JP Morgan Moderate6/30/2015 12:00:00 AM1.91011.799510.666710.56511.91014.996117.795315.4874-2.821213.63296.249.681.651.08418Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4180.45000The profile is designed for an investor who seeks to balance risk of loss to capital with capital appreciation. The strategy emphasizes the benefits of diversification across asset classes, as well as, strategies within each asset class in seeking to provide high risk-adjusted returns. Strategic asset allocation is determined using a 10-15 year outlook, while tactical risk controlled shifts are conducted based upon a 3-12 month outlook. The long-term capital market assumptions used in developing the strategic policy are reviewed by senior heads across the firm on an annual basis. Quantitative models are combined with qualitative insights in implementing the shorter term views.0.25000.25001.5574
ModelxChangeAssetMarkAssetMark / Litman Gregory Moderate (Third-Party Mutual Funds)6/30/2015 12:00:00 AM1.7728-0.17667.12748.09241.77282.81929.942613.49980.992711.29465.157.271.361.11430Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14300.45000The profile is designed for an investor who seeks to balance downside risks to capital and capital appreciation. The strategy leverages forward looking estimates developed from both quantitative and fundamental research into scenario analysis to create an unconstrained yet risk controlled asset allocation. The risk emphasized framework creates the base from which optimized portfolios look to diversify exposures across both beta and alpha sources while seeking to limit downside participation. 0.23220.08471.5352
ModelxChangeAssetMarkAssetMark / New Frontier Conservative6/30/2015 12:00:00 AM0.76921.97863.92515.42630.76926.05272.09866.11956.86658.15053.433.411.131.55401Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4010.45000The profile is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to minimize downside risk. Focused entirely on strategic asset allocation, the strategy uses patented quantitative methodologies that take a global view of valuation and statistical estimation to create global diversified, risk-targeted portfolios implemented with ETFs. The strategic asset allocation process consists of four stages for risk-return estimation, portfolio construction, investment vehicle research, and portfolio rebalancing and monitoring. 0.6657
ModelxChangeAssetMarkAssetMark / New Frontier Growth6/30/2015 12:00:00 AM3.06332.242312.466012.21563.06335.602619.146816.7658-5.198315.74088.0712.711.50.97416Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4160.45000The profile is designed for an investor who seeks significant capital appreciation and is willing to accept a correspondingly greater risk of loss and volatility of returns. Focused entirely on strategic asset allocation, the strategy uses patented quantitative methodologies that take a global view of valuation and statistical estimation to create global diversified, risk-targeted portfolios implemented with ETFs. The strategic asset allocation process consists of four stages for risk-return estimation, portfolio construction, investment vehicle research, and portfolio rebalancing and monitoring. 0.6225
ModelxChangeAssetMarkAssetMark / New Frontier Moderate6/30/2015 12:00:00 AM1.44212.65129.333710.50871.44218.202111.198313.46623.086613.62006.038.111.511.27415Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4150.45000The profile is designed for an investor who seeks to balance risk of loss to capital with capital appreciation. Focused entirely on strategic asset allocation, the strategy uses patented quantitative methodologies that take a global view of valuation and statistical estimation to create global diversified, risk-targeted portfolios implemented with ETFs. The strategic asset allocation process consists of four stages for risk-return estimation, portfolio construction, investment vehicle research, and portfolio rebalancing and monitoring. 0.6488
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Conservative6/30/2015 12:00:00 AM-0.58820.97703.98475.8904-0.58826.98582.19858.02047.11246.36983.874.331.021.33421Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4210.45000The profile is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to avoid downside risk. The strategy uses a combination of strategic and tactical asset allocation approaches in seeking to optimize risk adjusted returns. Strategic asset allocation decisions are based upon a mix of both fundamentally based and quantitatively driven 30-year forecasts. Quantitative models focused on macroeconomic, fundamental, momentum and sentiment indicators looking out 1-year along with consideration of market regimes help to drive the tactical asset allocation decisions. 0.6199
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Growth6/30/2015 12:00:00 AM2.66052.422812.798613.03102.66056.125121.474916.1837-2.820215.61677.9212.211.561.06423Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4230.45000The profile is designed for an investor who seeks significant capital appreciation and is tolerant of the risk of downside loss and volatility of returns. The strategy uses a combination of strategic and tactical asset allocation approaches in seeking to optimize risk adjusted returns. Strategic asset allocation decisions are based upon a mix of both fundamentally based and quantitatively driven 30-year forecasts. Quantitative models focused on macroeconomic, fundamental, momentum and sentiment indicators looking out 1-year along with consideration of market regimes help to drive the tactical asset allocation decisions.0.7090
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Moderate6/30/2015 12:00:00 AM1.05552.01229.130410.11051.05556.917413.022912.86261.494211.56265.828.521.531.17422Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4220.45000The profile is designed for an investor who seeks to balance downside risks to capital and capital appreciation. The strategy uses a combination of strategic and tactical asset allocation approaches in seeking to optimize risk adjusted returns. Strategic asset allocation decisions are based upon a mix of both fundamentally based and quantitatively driven 30-year forecasts. Quantitative models focused on macroeconomic, fundamental, momentum and sentiment indicators looking out 1-year along with consideration of market regimes help to drive the tactical asset allocation decisions.0.6663
ModelxChangeAurum Wealth Management GroupAggressive6/30/2015 12:00:00 AM2.59022.59021841Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18410.00000Seeks to maximize long-term capital appreciation. The portfolio invests mainly in equity investments with small allocations to alternative strategies and fixed income. Because of the high equity exposure, investors should expect volatility similar to broad global equity markets and are subject to significant principal fluctuations. Strategic Asset Allocation: 70% Stocks, 19% Alternatives, 10% Bonds, 1% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group may perceive short or medium-term market opportunities and can become tactically underweight or overweight individual asset classes; this Tactical Asset Allocation will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation represents the actual allocation to each asset class and fund.0.00810.5772
ModelxChangeAurum Wealth Management GroupAggressive Balanced6/30/2015 12:00:00 AM2.4811-1.46257.24972.48110.300413.967810.96465.81.23608Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6080.00000Seeks to provide primarily long-term growth of capital. The portfolio features mainly equity investments with smaller allocations to fixed income and alternative strategies. Multiple asset classes seek lower volatility, but investors will experience significant principal fluctuations with the high allocation to equities. Strategic Asset Allocation: 50% Stocks, 30% Alternatives, 17% Bonds, 3% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group LLC may perceive short or medium-term opportunities and become tactically underweight or overweight certain asset classes, which will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation reflects those views and indicates the actual allocation to each asset class and fund. This portfolio is suitable for investors who have at least 15 years until retirement and are looking to maximize long-term growth. The target default age bracket for the Aurum Aggressive Balanced Framework is investors age 40 to 49. By defaulting into one of the Aurum Asset Allocation Frameworks, your portfolio will remain in that framework until either you make a change in your investment allocation or you reach one the various age brackets at 40, 50, 60, or 70 years of age, respectively. In the year you turn age 40, you will move from the Aggressive Growth Framework to the Aggressive Balanced Framework. In the year you turn age 50, you will move from the Aggressive Balanced Framework to the Moderate Balanced Framework. In the year you turn age 60, you will move the Moderate Balanced Framework to the Conservative Balanced Framework. In the year you turn age 70, you will move from the Conservative Balanced Framework to the Conservative Income Framework. The change to the new Framework will occur on the first trading day of the year you reach age 40, 50, 60, or 70, respectively. 0.00910.6040
ModelxChangeAurum Wealth Management GroupAggressive Growth6/30/2015 12:00:00 AM2.8354-1.37879.47652.83541.031219.121612.59577.221.29609Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6090.00000Seeks to maximize long-term capital appreciation. The portfolio invests mainly in U.S. and International equities with small allocations to fixed income and alternative strategies. Due to high equity exposure, investors should expect similar volatility to broad global equity markets subject to significant principal fluctuations. Strategic Asset Allocation: 70% Stocks, 19% Alternatives, 10% Bonds, 1% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group LLC may perceive short or medium-term opportunities and become tactically underweight or overweight certain asset classes, which will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation reflects those views and indicates the actual allocation to each asset class and fund. This portfolio is suitable for investors who have at least 25 years until retirement and are looking to maximize long-term growth. The target default age bracket for the Aurum Aggressive Growth Framework is investors age 18 to 39. By defaulting into one of the Aurum Asset Allocation Frameworks, your portfolio will remain in that framework until either you make a change in your investment allocation or you reach one the various age brackets at 40, 50, 60, or 70 years of age, respectively. In the year you turn age 40, you will move from the Aggressive Growth Framework to the Aggressive Balanced Framework. In the year you turn age 50, you will move from the Aggressive Balanced Framework to the Moderate Balanced Framework. In the year you turn age 60, you will move the Moderate Balanced Framework to the Conservative Balanced Framework. In the year you turn age 70, you will move from the Conservative Balanced Framework to the Conservative Income Framework. The change to the new Framework will occur on the first trading day of the year you reach age 40, 50, 60, or 70, respectively. 0.00810.5772
ModelxChangeAurum Wealth Management GroupConservative6/30/2015 12:00:00 AM1.55261.55261837Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18370.00000Seeks to primarily provide income, albeit with some price appreciation. The portfolio features fixed income investments, with smaller allocation to alternative strategies and equity. Because the portfolio has exposure to alternative strategies and equity, investors should expect a moderate level of principal volatility. Strategic Asset Allocation: 45% Bonds, 30% Alternatives, 20% Stocks, 10% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group may perceive short or medium-term market opportunities and can become tactically underweight or overweight individual asset classes; this Tactical Asset Allocation will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation represents the actual allocation to each asset class and fund.0.00730.6304
ModelxChangeAurum Wealth Management GroupConservative Balanced6/30/2015 12:00:00 AM1.64160.09534.48411.64161.82736.14278.18833.461.27606Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6060.00000Seeks to provide primarily income with some price appreciation. The portfolio features fixed income investments with a smaller allocation to equity and alternative strategies. Because the portfolio has exposure to equity and alternative strategies, investors should expect a moderate level of principal volatility. Strategic Asset Allocation: 45% Bonds, 30% Alternatives, 20% Stocks, 5% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group LLC may perceive short or medium-term opportunities and become tactically underweight or overweight certain asset classes, which will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation reflects those views and indicates the actual allocation to each asset class and fund. This portfolio is suitable for investors within five years of retirement focused on principal preservation while achieving modest growth. The target default age bracket for the Aurum Conservative Balanced Framework is investors age 60 to 69. By defaulting into one of the Aurum Asset Allocation Frameworks, your portfolio will remain in that framework until either you make a change in your investment allocation or you reach one the various age brackets at 40, 50, 60, or 70 years of age, respectively. In the year you turn age 40, you will move from the Aggressive Growth Framework to the Aggressive Balanced Framework. In the year you turn age 50, you will move from the Aggressive Balanced Framework to the Moderate Balanced Framework. In the year you turn age 60, you will move the Moderate Balanced Framework to the Conservative Balanced Framework. In the year you turn age 70, you will move from the Conservative Balanced Framework to the Conservative Income Framework. The change to the new Framework will occur on the first trading day of the year you reach age 40, 50, 60, or 70, respectively. 0.00730.6304
ModelxChangeAurum Wealth Management GroupConservative Income6/30/2015 12:00:00 AM1.18330.20872.82771.18331.93922.11136.68382.561.08604Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6040.00000Seeks to provide primarily income for retirement. The portfolio features mainly fixed income investments with an allocation to alternative strategies that help offset some of the interest rate and inflation risk associated with fixed income investing. While the portfolio focuses on low volatility, it is still subject to loss of principal. Strategic Asset Allocation: 65% Bonds, 25% Alternatives, 10% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group LLC may perceive short or medium-term opportunities and become tactically underweight or overweight certain asset classes, which will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation reflects those views and indicates the actual allocation to each asset class and fund. This portfolio is suitable for investors who are either retired or near retirement that are concerned with principal preservation. The target default age bracket for the Aurum Conservative Income Framework is investors age 70+. 0.00610.6172
ModelxChangeAurum Wealth Management GroupGrowth6/30/2015 12:00:00 AM2.18772.18771839Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18390.00000Seeks to provide long-term growth of capital. The portfolio typically features mainly equity investments with smaller allocations to alternative strategies and fixed income. While multiple asset classes aim to lower volatility, investors will experience significant principal fluctuations with the higher allocation to equities. Strategic Asset Allocation: 50% Stocks, 30% Alternatives, 17% Bonds, 3% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group may perceive short or medium-term market opportunities and can become tactically underweight or overweight individual asset classes; this Tactical Asset Allocation will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation represents the actual allocation to each asset class and fund.0.00910.6040
ModelxChangeAurum Wealth Management GroupIncome6/30/2015 12:00:00 AM1.16171.16171836Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18360.00000Seeks to primarily provide income for retirement. The portfolio features mainly fixed income investments with an allocation to alternative strategies that help offset some of the interest rate risk and inflation risk associated with fixed income investing. While the portfolio focuses on low volatility, it is still subject to loss of principal. Strategic Asset Allocation: 65% Bonds, 25% Alternatives, 10% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group may perceive short or medium-term market opportunities and can become tactically underweight or overweight individual asset classes; this Tactical Asset Allocation will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation represents the actual allocation to each asset class and fund.0.00610.6172
ModelxChangeAurum Wealth Management GroupModerate6/30/2015 12:00:00 AM2.04602.04601829Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18290.00000Seeks to provide long-term growth of capital. The portfolio typically balances equity, fixed income, and alternative strategies to provide long-term price appreciation. While the portfolio focuses on reducing volatility, it may also experience significant principal fluctuations. Strategic Asset Allocation: 35% Stocks, 30% Bonds, 30% Alternatives, 5% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group may perceive short or medium-term market opportunities and can become tactically underweight or overweight individual asset classes; this Tactical Asset Allocation will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation represents the actual allocation to each asset class and fund.0.00830.6160
ModelxChangeAurum Wealth Management GroupModerate Balanced6/30/2015 12:00:00 AM2.0986-0.28175.75312.09861.39579.07969.77344.51.26607Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6070.00000Seeks to provide long-term growth of capital. The portfolio typically balances equity, fixed income, and alternative strategies to provide long-term price appreciation. While the portfolio focuses on reducing volatility, it will experience significant principal fluctuations. Strategic Asset Allocation: 35% Stock, 30% Bonds, 30% Alternatives, 5% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group LLC may perceive short or medium-term opportunities and become tactically underweight or overweight certain asset classes, which will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation reflects those views and indicates the actual allocation to each asset class and fund. This portfolio is suitable for investors with more than five years until retirement and are looking for long-term growth while focusing on reducing the volatility experience over this time frame. The target default age bracket for the Aurum Moderate Balanced Framework is investors age 50 to 59. By defaulting into one of the Aurum Asset Allocation Frameworks, your portfolio will remain in that framework until either you make a change in your investment allocation or you reach one the various age brackets at 40, 50, 60, or 70 years of age, respectively. In the year you turn age 40, you will move from the Aggressive Growth Framework to the Aggressive Balanced Framework. In the year you turn age 50, you will move from the Aggressive Balanced Framework to the Moderate Balanced Framework. In the year you turn age 60, you will move the Moderate Balanced Framework to the Conservative Balanced Framework. In the year you turn age 70, you will move from the Conservative Balanced Framework to the Conservative Income Framework. The change to the new Framework will occur on the first trading day of the year you reach age 40, 50, 60, or 70, respectively. 0.00830.6160
ModelxChangeBeacon Capital Management, Inc.Vantage 2.0 Aggressive1793Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17930.40000The Vantage 2.0 models are total return portfolios with a primary objective of risk management and with a secondary objective of generating consistent returns in the midst of market volatility and throughout various market cycles. Note as total return portfolios, the Vantage 2.0 models are not designed to outperform a specific benchmark or to generate a target rate of return. The Vantage 2.0 models are for investors seeking consistent results. These portfolios are designed to avoid significant losses and enhance long-term returns. Investors are willing to sacrifice the highest possible returns in the market for a high level of risk control.0.5200
ModelxChangeBeacon Capital Management, Inc.Vantage 2.0 Balanced1871Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18710.40000The Vantage 2.0 models are total return portfolios with a primary objective of risk management and with a secondary objective of generating consistent returns in the midst of market volatility and throughout various market cycles. Note as total return portfolios, the Vantage 2.0 models are not designed to outperform a specific benchmark or to generate a target rate of return. The Vantage 2.0 models are for investors seeking consistent results. These portfolios are designed to avoid significant losses and enhance long-term returns. Investors are willing to sacrifice the highest possible returns in the market for a high level of risk control. 0.5145
ModelxChangeBeacon Capital Management, Inc.Vantage 2.0 Conservative1872Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18720.40000The Vantage 2.0 models are total return portfolios with a primary objective of risk management and with a secondary objective of generating consistent returns in the midst of market volatility and throughout various market cycles. Note as total return portfolios, the Vantage 2.0 models are not designed to outperform a specific benchmark or to generate a target rate of return. The Vantage 2.0 models are for investors seeking consistent results. These portfolios are designed to avoid significant losses and enhance long-term returns. Investors are willing to sacrifice the highest possible returns in the market for a high level of risk control. 0.5084
ModelxChangeBeaumont Capital ManagementBCM AlphaDEX Diversified Equity6/30/2015 12:00:00 AM0.1917-0.199010.37200.19173.883721.08576.93198.221.24182Large Growthhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1820.50000BCM AlphaDEX Diversified Equity is a dynamic portfolio designed to meet or beat the S&P 500® Index over time. This strategy incorporates both quantitative and fundamental investment methodologies. Diversified Equity AlphaDEX Premium has a target up to 15% international and 15% non-traditional ETF's to supplement the 70% U.S. core equity ETF positions. It is the more diversified of the two 100% equity strategies offered by BCM and, like all BCM Sector strategies, it can go to an all money market / cash position at any time. It is designed for investors with a long-term investment time horizon. AlphaDEX® is the registered mark of First Trust Portfolios L.P. “S&P 500®” is the registered mark of Standard & Poor’s Financial Services, LLC. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the 70% U.S. Equity sleeve is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index. 1.1621
ModelxChangeBeaumont Capital ManagementBCM AlphaDEX Growth6/30/2015 12:00:00 AM1482Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14820.50000The BCM AlphaDEX® series uses the same signals as our flagship Sector series yet seeks to provide additional alpha by using the First Trust AlphaDEX ETFs whenever practical. Each AlphaDEX sector ETF uses a proprietary quantitative model to select securities from each sector of the Russell 1000® Index. Please see First Trust’s website for more information on their ETFs. BCM AlphaDEX Growth is designed to be a “core growth” portfolio solution and seeks to meet or beat its benchmark (80% S&P 500® Index/ 20% Barclays Capital US Aggregate Bond Index) over time. This strategy incorporates both quantitative and fundamental methodologies. It looks to target 55% U.S. equity, 20% high-quality fixed income, 13% international equity and 12% "non-traditional" investment ETFs. It is designed for investors with a long-term investment time horizon who seek balanced growth with less potential volatility and downside risk. The portfolio uses significant risk controls and can rebalance as frequently as weekly.1.0604
ModelxChangeBeaumont Capital ManagementBCM AlphaDEX Moderate Growth184Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1840.50000BCM AlphaDEX Moderate Growth is a dynamic portfolio designed to meet or beat its benchmark (65% S&P 500® Index/ 35% Barclay’s Capital US Aggregate Bond Index) over time. This strategy incorporates both quantitative and fundamental methodologies. It is the most conservative growth oriented strategy within the BCM Premium Series as it looks to target up to 35% high quality income ETF's. The equity portion of the strategy has a target of 45% core U.S. equity, 10% international and 10% non-traditional ETF's. Each AlphaDEX sector ETF uses a proprietary quantitative model to select securities from each sector of the Russell 1000® Index. “S&P 500®” is the registered mark of Standard & Poor’s Financial Services, LLC. Russell Investments is the owners of the trademarks relating to its indices. All index names of the Barclays indices are trademarks of Barclays Bank PLC. AlphaDEX® is the registered mark of First Trust Portfolios L.P. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the 45% U.S. Equity sleeve is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index. 0.9924
ModelxChangeBeaumont Capital ManagementBCM AlphaDEX U.S. Sector Rotation6/30/2015 12:00:00 AM1.06582.176714.57471.06588.331231.688112.00638.971.56188Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1880.50000The BCM AlphaDEX U.S. Sector Rotation strategy is designed for investors who want to invest in an index-based, "core" U.S. equity portfolio. The strategy may include any or all of the nine sector exchange traded funds (ETFs) which comprise the S&P 500® Index. Each AlphaDEX® ETF uses a proprietary quantitative model to select stock from each sector of the Russell 1000® Index. The objective of this strategy is to outperform its benchmark (the S&P 500) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. “S&P 500®” is the registered mark of Standard & Poor’s Financial Services, LLC. Russell Investments is the owners of the trademarks relating to its indices. AlphaDEX® is the registered mark of First Trust Portfolios L.P. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the BCM U.S. Sector Rotation strategy is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index.1.1957
ModelxChangeBeaumont Capital ManagementBCM Decathlon Conservative Tactics6/30/2015 12:00:00 AM0.8477-1.22421.52310.8477-0.35652.17023.320.46409Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4090.50000The Decathlon series uses over 100 ETFs that have a global reach. Each ETF has been hand selected by the model manager due to the unique characteristics presented by each ETF. By limiting the overlap in style, sector and geography, each member of the pool can present a unique opportunity set to the quantitative engine. Since “there is always a bull market somewhere”, the model relentlessly pursues these bull market opportunities and only buys those ETFs that it believes to have the best prospects for upward movement given the desired level of volatility. Given this goal, there are no fixed strategic allocations but rather a flexible, disciplined approach that is aligned with each investors risk tolerance. The BCM Decathlon series is an innovative line of dynamic asset allocation products that combine the insights of behavioral finance with the power of artificial intelligence. Targeting different levels of volatility, Decathlon strategies are designed to maximize returns and minimize drawdowns for each unit of investor chosen risk. Decathlon uses a quantitative process for all investment decisions. The two main inputs to the model are pattern recognition technology and volatility (drawdown) management. The quantitative engine finds desirable price patterns from the historical data, meaning patterns of upward movement in ETFs, recognizes that the patterns are repeating and then immediately screens these patterns for volatility. No matter how desirable a price pattern may be, if it exceeds the desired volatility levels for each strategy, then it is not selected for inclusion in the portfolio. The intended volatility levels for the series are: Conservative Tactics; mid-single digits, Moderate Tactics: low teens and Growth Tactics: mid to high teens. 0.7120
ModelxChangeBeaumont Capital ManagementBCM Decathlon Growth Tactics6/30/2015 12:00:00 AM4.83598.07758.32054.83597.10728.99337.871.05411Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4110.50000The Decathlon series uses over 100 ETFs that have a global reach. Each ETF has been hand selected by the model manager due to the unique characteristics presented by each ETF. By limiting the overlap in style, sector and geography, each member of the pool can present a unique opportunity set to the quantitative engine. Since “there is always a bull market somewhere”, the model relentlessly pursues these bull market opportunities and only buys those ETFs that it believes to have the best prospects for upward movement given the desired level of volatility. Given this goal, there are no fixed strategic allocations but rather a flexible, disciplined approach that is aligned with each investors risk tolerance. The BCM Decathlon series is an innovative line of dynamic asset allocation products that combine the insights of behavioral finance with the power of artificial intelligence. Targeting different levels of volatility, Decathlon strategies are designed to maximize returns and minimize drawdowns for each unit of investor chosen risk. Decathlon uses a quantitative process for all investment decisions. The two main inputs to the model are pattern recognition technology and volatility (drawdown) management. The quantitative engine finds desirable price patterns from the historical data, meaning patterns of upward movement in ETFs, recognizes that the patterns are repeating and then immediately screens these patterns for volatility. No matter how desirable a price pattern may be, if it exceeds the desired volatility levels for each strategy, then it is not selected for inclusion in the portfolio. The intended volatility levels for the series are: Conservative Tactics; mid-single digits, Moderate Tactics: low teens and Growth Tactics: mid to high teens. 0.8580
ModelxChangeBeaumont Capital ManagementBCM Decathlon Moderate Tactics6/30/2015 12:00:00 AM2.38516.45232.38516.42676.6365410Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4100.50000The Decathlon series uses over 100 ETFs that have a global reach. Each ETF has been hand selected by the model manager due to the unique characteristics presented by each ETF. By limiting the overlap in style, sector and geography, each member of the pool can present a unique opportunity set to the quantitative engine. Since “there is always a bull market somewhere”, the model relentlessly pursues these bull market opportunities and only buys those ETFs that it believes to have the best prospects for upward movement given the desired level of volatility. Given this goal, there are no fixed strategic allocations but rather a flexible, disciplined approach that is aligned with each investors risk tolerance. The BCM Decathlon series is an innovative line of dynamic asset allocation products that combine the insights of behavioral finance with the power of artificial intelligence. Targeting different levels of volatility, Decathlon strategies are designed to maximize returns and minimize drawdowns for each unit of investor chosen risk. Decathlon uses a quantitative process for all investment decisions. The two main inputs to the model are pattern recognition technology and volatility (drawdown) management. The quantitative engine finds desirable price patterns from the historical data, meaning patterns of upward movement in ETFs, recognizes that the patterns are repeating and then immediately screens these patterns for volatility. No matter how desirable a price pattern may be, if it exceeds the desired volatility levels for each strategy, then it is not selected for inclusion in the portfolio. The intended volatility levels for the series are: Conservative Tactics; mid-single digits, Moderate Tactics: low teens and Growth Tactics: mid to high teens. 0.8280
ModelxChangeBeaumont Capital ManagementBCM Diversified Equity6/30/2015 12:00:00 AM-0.74330.64408.653912.6495-0.74337.205615.36759.39197.540119.79817.389.191.161.3481Large Growthhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL810.50000The BCM Diversified Equity strategy is designed to be the "core" diversified equity component for any portfolio. This strategy incorporates both quantitative signals and a fundamental macro-economic overlay. Target buy allocations are 70% U.S. equity, 15% international equity and 15% "non-traditional" investments. The strategy's U.S. equity sleeve may include exchange traded funds (ETFs) from any or all of the nine sector exchange traded funds (ETFs) which comprise the S&P 500® Index over time. . The investment objective of this strategy is to outperform its benchmark (S&P 500®). Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. S&P 500® is the registered mark of the Standard and Poor’s, Inc. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the 70% U.S. Equity sleeve is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index.0.7598
ModelxChangeBeaumont Capital ManagementBCM Diversified International Premium CLOSED 6/30/2013151Foreign Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1510.50000The BCM Diversified International Premium strategy is designed to be the "core" diversified international equity component for any portfolio. This strategy incorporates both quantitative signals and a fundamental macro-economic overlay. Target buy allocations are 45% developed international, 45% emerging markets and 10% "non-traditional" international investments. The objective of this strategy is to seek to outperform its benchmark (MSCI World ex U.S.A. Index) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. “MSCI” is the trademark of MSCI Inc. and/or its subsidiaries. All BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While the model determines the timing of certain trades, BCM will maintain investment discretion and determine which country or regional ETFs are to be owned and have full discretion in the portfolio. BCM developed the underlying trading tactics on both its international strategies based on the historical investment process of BCM's parent registered investment advisor (RIA). BCM Diversified International Premium portfolio will seek to provide more diversification than its International IDX "cousin" by identifying certain regions or countries that may under-perform or out-perform the underlying indices. In addition, long-term investment themes, as identified by our parent RIA's investment committee, will be employed in the "non-traditional" allocation. A similar process is employed in our domestic BCM Diversified Equity Premium portfolio. 0.9365
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Aggressive Growth (QDIA)6/30/2015 12:00:00 AM0.34880.34881830Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18300.50000BCM DynamicBelay Aggressive Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve significant capital appreciation by investing 95% in equity ETFs. The strategy seeks to provide robust participation in healthy markets and uses tactical equity and fixed income allocations to help protect against large losses in market downturns. The strategy is designed for investors ages 29 years and younger, who have the ability to withstand substantial risk and want to maximize growth over time. The strategy is constructed using a combination of tactical and strategic allocations. 55% of the strategy is “tactically unconstrained”. This allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the nine sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The remaining 45% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs, and diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth.0.7071
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Balanced Growth (QDIA)6/30/2015 12:00:00 AM-0.6127-0.61271844Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18440.50000BCM DynamicBelay Balanced Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve steady growth by investing 50% in equity ETFs and to help offset equity market volatility, invests 50% fixed income ETFs. The strategy uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in market downturns while seeking to provide participation in favorable markets. The strategy is designed for investors 60 and older, who are nearing retirement and are seeking balanced growth until retirement. The BCM DynamicBelay Balanced Growth strategy is constructed using a combination of tactical and strategic allocations. 90% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the nine sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 10% of the portfolio is allocated to strategic, diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth.0.6843
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Conservative Growth (QDIA)6/30/2015 12:00:00 AM-0.2610-0.26101843Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18430.50000BCM DynamicBelay Conservative Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve moderate growth by investing 60% in equity ETFs and to help offset equity market volatility, invests 40% in fixed income ETFs. The strategy uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in equity market downturns while seeking to provide participation in favorable market conditions. The strategy is designed for investors 50-59, who have a lower risk tolerance and are seeking to achieve more modest growth as they approach retirement. The BCM DynamicBelay Conservative Growth strategy is constructed using a combination of tactical and strategic allocations. 80% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the nine sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 20% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs, and diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth. 0.6886
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Growth (QDIA)6/30/2015 12:00:00 AM-0.0951-0.09511831Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18310.50000BCM DynamicBelay Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve growth by investing 85% in equity ETFs and to help offset equity market volatility, invests 15% in fixed income ETFs. The strategy seeks to provide robust participation in healthy markets; and uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in market downturns. The strategy is designed for investors ages 30-39, who have a moderately aggressive risk tolerance and substantial growth as their primary long-term objective. The BCM DynamicBelay Growth strategy is constructed using a combination of tactical and strategic allocations. 65% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the nine sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 35% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs and to diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth. 0.7028
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Moderate Growth (QDIA)6/30/2015 12:00:00 AM-0.0240-0.02401832Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18320.50000BCM DynamicBelay Moderate Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve steady growth by investing 70% in equity ETFs and to help offset equity market volatility, invests 30% in fixed income ETFs. The strategy seeks to provide participation in healthy markets; and uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in market downturns. The strategy is designed for investors ages 40-49 who have a moderate risk tolerance and steady long-term growth as their primary objective. The BCM DynamicBelay Moderate Growth strategy is constructed using a combination of tactical and strategic allocations. 75% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the nine sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 25% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs and diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth. 0.6989
ModelxChangeBeaumont Capital ManagementBCM Global Sector Rotation6/30/2015 12:00:00 AM-0.8883-2.36818.4118-0.88830.134120.506610.39144.30387.571.186World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL860.50000The BCM Global Sector Rotation strategy is designed for investors who want an index-based, global equity portfolio. Target buy allocations are 60% U.S. equity and 40% international equity investments. The strategy's U.S. equity sleeve may include any or all of the nine sector exchange traded funds (ETFs) which comprise the S&P 500® Index. The international portion of the strategy is covered by two international equity ETFs representing developed international and emerging markets. The objective of this strategy is to outperform its benchmark (MSCI World Index) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. “S&P 500®” is the registered mark of Standard & Poor’s Financial Services, LLC. “MSCI” is the trademark of MSCI Inc. and/or its subsidiaries. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the 60% U.S. Equity sleeve is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index.0.9800
ModelxChangeBeaumont Capital ManagementBCM Growth6/30/2015 12:00:00 AM-0.57570.67157.25779.5630-0.57575.217212.93698.51522.128015.77076.097.531.171.2582Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL820.50000BCM Growth is designed to be a "core growth" portfolio solution with an 80% equity, 20% high quality fixed income target composition. This strategy incorporates both quantitative signals and a fundamental macro-economic overlay. Target buy allocations are 55% U.S. equity, 20% high quality fixed income, 13% international equity and 12% "non-traditional" investments. The strategy's U.S. equity sleeve may include any or all of the nine sector exchange traded funds (ETFs) which comprise the S&P 500® Index. The objective of this strategy is to outperform its benchmark (80% S&P 500/20% BCAB) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as monthly. “S&P 500®” is the registered mark of Standard & Poor’s Financial Services, LLC. All index names of the Barclays indices are trademarks of Barclays Bank PLC. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the 55% U.S. Equity sleeve is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index. 0.7418
ModelxChangeBeaumont Capital ManagementBCM Income6/30/2015 12:00:00 AM-0.6381-0.14611.21632.6444-0.63812.2816-0.14153.42154.29323.87122.012.450.591.0687Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL870.35000The BCM Income Strategy is a high quality, fixed income strategy designed to complement all of the BCM growth strategies. The strategy’s objective is to meet or beat the Barclay’s Capital U.S. Aggregate Bond Index over time. The responsibility for the investment decisions rests with the Beaumont Financial Partners, LLC Asset Allocation Committee (AAC) which typically meets weekly. . US Government backed and investment grade bond ETFs will be used to fill 70-100% of our desired positions. Up to 15% can be invested in non-investment grade bonds and up to 15% can be invested in equity-income type (REITs, MLPs, Royalty Trusts, etc) ETFs. The ACC will make ongoing duration and tactical decisions based off its proprietary analysis. The maximum international bond ETF exposure is 35% and BCM will choose which, if any, international bond ETFs will be employed. All index names of the Barclays indices are trademarks of Barclays Bank PLC. All BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. BCM Income strategy will seek to maximize tax efficiency by avoiding wash sales and harvesting tax losses at year end. BCM strategies use only "long" ETFs and thus avoid complicating factors such as leverage, margin, derivative or shorting. The BCM Income portfolio was developed to help meet the needs of investors who have a long-term time horizon, and are looking for a high quality income strategy For more information, please see our Disclosure Document (Form ADV, Part2A) and marketing literature found at www.bfpcm.com. 0.5929
ModelxChangeBeaumont Capital ManagementBCM International Sector Rotation6/30/2015 12:00:00 AM0.2393-11.11313.04630.2393-6.66995.337010.50659.160.3785Foreign Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL850.50000The BCM International Sector Rotation strategy is designed for investors who want an index-based, International equity portfolio. The strategy's invests in up to two international equity ETFs representing developed international and emerging markets with a target buy allocation of up to 50% each. The objective of this strategy is to outperform its benchmark (MSCI World ex U.S.A. Index) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. “MSCI” is the trademark of MSCI Inc. and/or its subsidiaries. BCM developed the underlying trading tactics on both its international strategies based on the historical investment process of BCM's parent registered investment advisor (RIA). All BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the model controls all of the buy and sell decisions in the portfolio. There is no override to the model and therefore the buy and sell decisions are extremely disciplined and trade independently of tax consequences. For more information, please see our Disclosure Document (Form ADV, Part2A) and marketing literature found at www.bfpcm.com. 0.9000
ModelxChangeBeaumont Capital ManagementBCM Moderate Growth6/30/2015 12:00:00 AM-0.67620.37946.39429.8406-0.67624.231812.09466.082410.596015.05834.816.071.311.5783Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL830.50000BCM Moderate Growth is designed to be a "balanced" portfolio solution with a 65% equity, 35% high quality fixed income target composition. This strategy incorporates both quantitative signals and a fundamental macro-economic overlay. Target buy allocations are 45% U.S. equity, 35% high quality fixed income, 10% international equity and 10% "non-traditional" investments. The strategy's U.S. equity sleeve may include any or all of the nine sector exchange traded funds (ETFs) which comprise the S&P 500® Index. . The objective of this strategy is to outperform its benchmark (65% S&P 500/35% BCAB) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. “S&P 500®” is the registered mark of Standard & Poor’s Financial Services, LLC. All index names of the Barclays indices are trademarks of Barclays Bank PLC. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the 45% U.S. Equity sleeve is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index.0.7324
ModelxChangeBeaumont Capital ManagementBCM U.S. Sector Rotation6/30/2015 12:00:00 AM-1.63191.683613.8399-1.631911.019530.100111.67808.381.5984Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL840.50000The BCM U.S. Sector Rotation strategy is designed for investors who want to invest in an index-based, "core" U.S. equity portfolio. The portfolio invests primarily up to nine sector exchange traded funds (ETFs) which comprise the S&P 500® Index. The objective of this strategy is to outperform its benchmark (the S&P 500) over time. Another objective is to reduce volatility and downside risk in virtually all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. “S&P 500®” is the registered mark of Standard & Poor’s Financial Services, LLC. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the BCM Sector Premium IDX strategy is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index.0.6929
ModelxChangeBeaumont Capital ManagementBCM U.S. Small Cap Sector Rotation6/30/2015 12:00:00 AM1451Small Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14510.50000The BCM U.S. Small Cap Sector Rotation strategy uses the same signal process as our flagship (Large Cap) U.S. Sector Rotation Strategy but applies the defensive allocation process to the S&P® 600 Small Cap universe. The BCM U.S. Small Cap Sector Rotation strategy is designed for investors who want to invest in an index-based, "core" Small Cap U.S. equity portfolio. The strategy invests in exchange traded funds (ETFs) representing the nine sectors which comprise the S&P 600® Index. The objective of this strategy is to outperform its benchmark (the S&P 600) over time. Another objective is to reduce volatility and downside risk in all market conditions. The portfolio uses significant risk controls and can rebalance as frequently as weekly. BCM Sector strategies are "tactically unconstrained": they can be 100% invested in ETFs or go to 100% "cash" (or 1-3 month T-Bills) as the model dictates. Using a "defensive allocation" strategy, the BCM portfolios seek to provide superior downside risk management, especially in weak markets. While BCM maintains discretion over the portfolio, the BCM U.S. Small Cap Sector Rotation strategy is traded in whole or in part using a portfolio investment model developed by Algorithmic Investment Models, LLC (AIM). BCM also uses AIM's model to determine when and how much to invest in the International sleeve. It is not possible for the Portfolio to invest in an index. At any given time, holdings of the Portfolio may or may not reflect the securities or their allocations comprising the index. 0.8000
ModelxChangeBell Rock Capital, LLCBRC Absolute Return6/30/2015 12:00:00 AM0.7870-0.01145.81970.78703.67257.45844.721.211963Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19630.40000The portfolio objective for the BRC Absolute Return strategy is to consistently generate moderate capital appreciation and moderate income for investors with low to intermediate tolerance for short term volatility. The portfolio complements core positions of indexed equities and investment grade fixed income with targeted exposure to a diversified selection of actively managed strategies and alternative asset classes. Investments are selected based on their potential for delivering uncorrelated returns or desired risk profiles in discreet market conditions. Target weights are tactically determined to reflect the probability of risk scenarios. Relative to other BRC strategies, the AR model incorporates a higher levels of unhedged exposure to assets denominated in foreign currencies, dollar denominated commodity assets and unconstrained fixed income strategies. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.02500.8156
ModelxChangeBell Rock Capital, LLCBRC Aggressive6/30/2015 12:00:00 AM5.90864.795417.325916.06265.90864.435036.155416.4494-1.493818.71449.0112.721.821.241411Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14110.40000The portfolio objective for the BRC Aggressive strategy is to generate capital appreciation over time for investors with long term investment horizons, a tolerance for risk and the ability to remain invested through periods of elevated volatility. The strategies benchmark is the Morningstar Aggressive benchmark. The portfolio primarily targets diversified exposure to global equities with an emphasis on geographically or sector focused investments. These investments are selected for their potential to outperform the broader markets in terms of capital appreciation over time. Based on historical information, examples of industry specific investments might include Biotech, New Media, or Technology. Thematically driven research may be utilized throughout the business cycle to evaluate the addition or subtraction of mature industries or geographical / emerging market exposure. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.7370
ModelxChangeBell Rock Capital, LLCBRC Balanced6/30/2015 12:00:00 AM3.48835.245710.15359.89533.48835.480913.055010.42145.18615.357.221.831.341647Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16470.40000The portfolio objective is to outperform the Morningstar Conservative benchmark. This portfolio uses risk analysis and targets a balance between fixed income and diversified equity vehicles. This portfolio seeks modest growth and income over market cycles. The portfolio is designed to diversify holdings across a selection of asset classes and investment styles. This disciplined blending emphasizes return potential while attempting to manage risk and help provide consistent conservative returns. 0.6893
ModelxChangeBell Rock Capital, LLCBRC Capital Preservation6/30/2015 12:00:00 AM-0.20661.31254.37764.8815-0.20664.21955.50405.91264.15602.633.261.631.461648Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16480.40000The portfolio objective is to outperform the Morningstar Conservative benchmark. This portfolio uses risk analysis and targets a balance between fixed income and diversified equity vehicles. This portfolio seeks modest growth and income over market cycles. The portfolio is designed to diversify holdings across a selection of asset classes and investment styles. This disciplined blending emphasizes return potential while attempting to manage risk and help provide consistent conservative returns. 0.6410
ModelxChangeBell Rock Capital, LLCBRC Conservative6/30/2015 12:00:00 AM1.69902.266212.66659.57461.69903.434927.684713.28813.36595.62296.859.581.7711400Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14000.40000The portfolio objective for the BRC Conservative strategy is to provide balanced exposure to income producing assets and a selection of broadly diversified global equities for investors with short to intermediate investment horizons and a low to moderate tolerance for risk. The strategies benchmark is the Morningstar Conservative benchmark. The portfolio is designed with the objective of providing stable growth with a lower degree of volatility than other strategies. The fixed income portion of the portfolio incorporates investment instruments with staggered durations with the potential for reducing sensitivity to fluctuations in rates. This is complemented by broadly diversified exposure to the global equity markets that targets growth and value. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.7081
ModelxChangeBell Rock Capital, LLCBRC Moderate6/30/2015 12:00:00 AM3.96582.628215.598413.09283.96583.078334.115416.14270.385811.82908.2410.991.81.171410Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14100.40000The portfolio objective for the BRC Moderate strategy is to generate growth and income across market cycles for investors with Long to Intermediate investment horizons and a moderate tolerance for risk. The strategies benchmark is the Morningstar Moderate benchmark. The portfolio is designed to provide exposure to a weighted blend of asset classes that has historically mitigated risk in periods of dislocation or volatility in the equity markets and delivering long term price appreciation. The fixed income portion of the strategy incorporates investments in instruments with staggered durations with the intention of reducing sensitivity to fluctuations in rates. This is complemented by broadly diversified exposure to the global equity markets and targeted weightings in sector or geographically focused instruments. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.7302
ModelxChangeBox Financial Advisors, LLCAll Bond6/30/2015 12:00:00 AM1697Intermediate-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16970.35000Seek a high level of income consistent with a portfolio of various fixed income securities. To invest in bond mutual funds and/or ETFs, designed to seek a high level of income. The portfolio will normally maintain the underlying assets in bond mutual funds and/or bond ETFs. Assets may be allocated in cash and/or short term cash equivalent mutual funds and/or ETFs. The mixture of investments represents various areas of the fixed income and debt securities markets, including investment-grade, high yield, international, and emerging market asset classes.0.5210
ModelxChangeBox Financial Advisors, LLCAll Cash6/30/2015 12:00:00 AM1698Money Market-Taxablehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16980.00000Seek a high level of income consistent with preservation of capital and liquidity. To invest in U.S. denominated money market fund(s). 0.3700
ModelxChangeBox Financial Advisors, LLCAll Stock6/30/2015 12:00:00 AM1705World Stockhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17050.45000Seek a high total return by allocating across various asset classes to generate capital appreciation. To invest in stock ETF’s, consisting of various asset classes for diversification. The fund can invest at least 5% of underlying assets in money market or other short-term cash equivalents. Up to 100% of assets may be allocated in stock mutual funds and/or ETF's.0.6052
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Aggressive6/30/2015 12:00:00 AM1704Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17040.45000Seek a high total return by allocating across various asset classes to generate some income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 85% in stock and 15% bond assets.0.6263
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Balanced6/30/2015 12:00:00 AM1700Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17000.40000Seek a high total return by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 50% in stock, 40% bond, and 10% in short-term or cash equivalents. 0.5625
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Conservative6/30/2015 12:00:00 AM1699Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16990.35000Seek a high level of income and some capital appreciation for growth to offset inflation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 25% in stock, 50% bond, and 25% in short-term or cash equivalents.0.5161
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Growth1702Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17020.45000Seek a high total return by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 70% in stock and 30% bond assets. 0.6243
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Moderate6/30/2015 12:00:00 AM1701Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17010.40000Seek a high total return by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 60% in stock, 35% bond, and 5% in short-term or cash equivalents. 0.5695
ModelxChangeBox Financial Advisors, LLCTarget Date 20206/30/2015 12:00:00 AM1706Target Date 2015-2029https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17060.35000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.5195
ModelxChangeBox Financial Advisors, LLCTarget Date 20256/30/2015 12:00:00 AM1707Target Date 2015-2029https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17070.40000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.5704
ModelxChangeBox Financial Advisors, LLCTarget Date 20306/30/2015 12:00:00 AM1741Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17410.45000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETF’s, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, in which the fund will replicate the Risk Tolerance – Conservative model mix.0.6194
ModelxChangeBox Financial Advisors, LLCTarget Date 20356/30/2015 12:00:00 AM1742Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17420.45000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.6205
ModelxChangeBox Financial Advisors, LLCTarget Date 20406/30/2015 12:00:00 AM1743Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17430.45000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.6281
ModelxChangeBox Financial Advisors, LLCTarget Date 20456/30/2015 12:00:00 AM1744Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17440.04500Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.2201
ModelxChangeBox Financial Advisors, LLCTarget Date 2050+1745Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17450.04500Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.2184
ModelxChangeBrinker CapitalAggressive6/30/2015 12:00:00 AM2.81912.783211.968711.68412.81914.954421.360514.4914-4.236813.83876.7810.861.71.0717Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL170.35000The Aggressive - Qualified Asset Allocation Strategy seeksto maximize long-term capital appreciation. Typically, majority of the portfolio will be allocated to equity, with smaller allocations to fixed income and alternative asset classes. It is designed for qualified investments. Investors should realize that the equity emphasis will likely produce a high level of volatility. The portfolio’s allocation will generally emphasize equity. Small positions in fixed income and real estate will be maintained. The domestic equity allocation has an emphasis on large cap securities, with smaller allocations to mid and small cap. A modest commitment to international equity and alternative investments, such as real assets, absolute return and private equity, will be maintained. Various fixed income sub-classes will be represented in the portfolio. 0.18960.13671.5135
ModelxChangeBrinker CapitalAggressive Equity6/30/2015 12:00:00 AM3.13914.555014.617613.82603.13916.559026.963615.7759-5.015715.63458.1112.741.721.0818Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL180.35000The Aggressive Equity - Qualified Asset Allocation Strategy seeks to maximize long-term capital appreciation. Typically the majority of the portfolio will be allocated to equity, with a smaller allocation to alternative asset classes. It is designed for qualified investments. Investors should realize that the equity emphasis will likely produce a very high level of volatility. The portfolio’s allocation will emphasize equity. The domestic equity allocation has an emphasis on large cap securities, with smaller allocations to mid and small cap. A substantial commitment to international equity will be maintained. A small allocation will typically be made to alternative investments such as real assets, absolute return and private equity. 0.18960.15211.4648
ModelxChangeBrinker CapitalAggressive Equity ETFh6/30/2015 12:00:00 AM2.71803.828513.85112.71807.034924.367713.63348.051.6535Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL350.35000The Aggressive Equity - Qualified Asset Allocation Strategy seeks to maximize long-term capital appreciation. Typically, most of the portfolio will be allocated to equity, with a small allocation to alternative asset classes. It is designed for qualified investments. Investors should realize that the equity emphasis will likely produce a very high level of volatility. The portfolio’s allocation will emphasize equity. The domestic equity allocation has an emphasis on large cap securities, with smaller allocations to mid and small cap. A substantial commitment to international equity will be maintained. A small allocation will typically be made to alternative investments such as real assets, absolute return and private equity. Most asset class and sub-asset class exposures will be accessed through exchange traded funds (ETF); however, mutual funds will be used where appropriate ETFs are not available or where we believe active management has a significant competitive advantage. 0.00510.5683
ModelxChangeBrinker CapitalAggressive ETFh6/30/2015 12:00:00 AM2.31583.407611.37292.31586.863019.052514.13886.831.6134Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL340.35000The Aggressive - Qualified Asset Allocation Strategy seeks to maximize longterm capital appreciation. Typically, the portfolio will be heavily allocated to equity, with smaller allocations to fixed income and alternative asset classes. It is designed for qualified investments. Investors should realize that the equity emphasis will likely produce a high level of volatility. The portfolio’s allocation will generally emphasize equity. Small positions in fixed income and real estate will be maintained. The domestic equity allocation has an emphasis on large cap securities, with smaller allocations to mid and small cap. A modest commitment to international equity and alternative investments, such as real assets, absolute return and private equity, will be maintained. Various fixed income sub-classes will be represented in the portfolio. Most asset class and sub-asset class exposures will be accessed through exchange traded funds (ETF); however, mutual funds will be used where appropriate ETFs are not available or where we believe active management has a significant competitive advantage. 0.02140.00510.6063
ModelxChangeBrinker CapitalConservative6/30/2015 12:00:00 AM1.29721.02204.96815.28811.29723.87055.37159.2409-1.50958.41713.074.551.581.1512Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL120.35000The Conservative - Qualified Asset Allocation Strategy seeks to provide low volatility with some growth potential. Typically it is a predominantly fixed income portfolio with an equity component and exposure to alternative asset classes. It is designed for qualified investments. Investors should understand that although this allocation provides low volatility, it is still subject to a potential loss of principal. The core of the portfolio is invested in taxable fixed income. Substantial positions may be taken in corporate bonds, mortgage-backed securities, U.S. Treasury and Agency securities, TIPS and international fixed income investments. A relatively small allocation is made to various domestic equity sub-classes, as well as international equities and alternative investments such as real assets and absolute return.0.19790.07341.2948
ModelxChangeBrinker CapitalConservative Government Focus6/30/2015 12:00:00 AM0.54830.73470.04730.66970.54831.2838-2.07391.21191.95702.24411.51.370.010.4519Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL190.35000The Conservative Government Focused Strategy portfolio has a low default risk as most of the underlying holdings are backed by the U.S. government, and is designed to have low downside risk. The portfolio should do well relative to other asset allocations when markets are risk averse. Some holdings are longer in duration making the portfolio more susceptible to interest rate changes. The portfolio can have negative returns in a rising rate environment and when markets are leaving U.S. treasuries for riskier assets. It is not a principal protected product or cash or money market substitute, and it is not appropriate for an investor who requires absolute stability of principal. The emphasis of the portfolio's allocation will primarily be composed of government obligation fixed income and/or money markets. It may also contain up to 15% of non-government obligation securities that are conservative or that have a low historic correlation to equities. The portfolio is designed to provide attractive returns over time relative to Government Obligation Money Markets funds.0.03880.02660.7384
ModelxChangeBrinker CapitalConservative ETFh6/30/2015 12:00:00 AM0.94881.91054.27370.94884.84774.238234.23893.151.3330Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL300.35000The Conservative - Qualified Asset Allocation Strategy seeks to provide low volatility with some growth potential. Typically it is a predominantly fixed income portfolio with an equity component and exposure to alternative asset classes. It is designed for qualified investments. Investors should understand that although this allocation provides low volatility, it is still subject to a potential loss of principal. The core of the portfolio is invested in domestic fixed income. Substantial positions may be taken in intermediate-term and short-term taxable bonds. Relatively small allocations are made to high-yield and global fixed income investments. A relatively small allocation is made to various domestic equity sub-classes, as well as international equities and alternative investments such as real assets and absolute return Most asset class and sub-asset class exposures will be accessed through exchange traded funds (ETF); however, mutual funds will be used where appropriate ETFs are not available or where we believe active management has a significant competitive advantage. 0.04160.00640.6131
ModelxChangeBrinker CapitalDefensive27Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL270.35000The Defensive - Qualified Asset Allocation Strategy is a predominately fixed income portfolio with a small equity component and some exposure to alternative asset classes. It is designed for qualified investments. Investors should understand that although this allocation provides low volatility, it is still subject to a potential loss of principal. The asset classes and sub-classes that comprise this portfolio seek to provide a current income stream with some inflation protection. The core of the portfolio is invested in taxable fixed income. Substantial positions may be taken in corporate bonds, mortgage-backed securities, U.S. Treasury and Agency securities, TIPS and international fixed income investments. A relatively small allocation is made to various domestic equity sub-classes, as well as international equities and alternative investments such as real assets and absolute return. 0.18340.05711.3272
ModelxChangeBrinker CapitalDefensive ETFh6/30/2015 12:00:00 AM0.53392.30502.77650.53394.69860.58004.87072.351.1629Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL290.35000The Defensive-Qualified Asset Allocation Strategy is a predominately fixed income portfolio with a small equity component and some exposure to alternative asset classes. It is designed for qualified investments. Investors should understand that although this allocation provides low volatility, it is still subject to a potential loss of principal. The asset classes and sub-classes that compromise this portfolio seek to provided a current income stream with some inflation protection. The core of the portfolio is invested in taxable fixed income. Substantial positions my be taken in corporate bonds, mortgage-backed securities, U.S. Treasury and Agency securities, TIPS and international fixed income investments. A relatively small allocation is made to various domestic equity sub-classes, as well as international equities and alternative investments such as real assets and absolute return. Most asset class and sub-asset class exposures will be accessed through exchange traded funds (ETF); however, mutual funds will be used where appropriate ETFs are not available or where we believe active management has a significant competitive advantage.0.05690.00750.6303
ModelxChangeBrinker CapitalModerate6/30/2015 12:00:00 AM2.33652.06289.39389.39882.33654.665315.247812.4683-3.005612.07225.28.371.751.119Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL90.35000The Moderate - Qualified Asset Allocation Strategy seeks to provide long-term growth of capital with a moderate level of volatility. Typically equity is emphasized, but there will be a meaningful allocation to fixed income and exposure to alternative asset classes. It is designed for qualified investments. Investors should realize that the emphasis on equity will likely produce a higher level of volatility. The emphasis of the portfolio’s allocation will generally be to equities while a substantial commitment to fixed income is maintained to reduce volatility. The domestic equity allocation has an emphasis on large cap securities, with smaller allocations to mid and small cap. Modest commitments to international equities and alternative investments, such as real assets, absolute return and private equity, are maintained. The fixed income allocation will be divided into various fixed income sub-classes, including high-yield, intermediate and short-term bonds, as well as international fixed income. 0.19290.11211.4598
ModelxChangeBrinker CapitalModerate ETFh6/30/2015 12:00:00 AM1.88232.85918.80471.88236.051313.35779.75275.231.6332Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL320.35000The Moderate - Qualified Asset Allocation Strategy seeks to provide long-term growth of capital with a moderate level of volatility. Typically equity is emphasized, but there will be a meaningful allocation to fixed income and exposure to alternative asset classes. It is designed for qualified investments. Investors should realize that the emphasis on equity will likely produce a higher level of volatility. The emphasis of the portfolio’s allocation will generally be to equities while a substantial commitment to fixed income is maintained to reduce volatility. The domestic equity allocation has an emphasis on large cap securities, with smaller allocations to mid and small cap. Modest commitments to international equities and alternative investments, such as real assets, absolute return and private equity, are maintained. The fixed income allocation will be divided into various fixed income sub-asset classes, including high-yield, intermediate and shortterm bonds, as well as international fixed income. Most asset class and subasset class exposures will be accessed through exchange traded funds (ETF); however, mutual funds will be used where appropriate ETFs are not available or where we believe active management has a significant competitive advantage. 0.03730.00740.6310
ModelxChangeBrinker CapitalModerately Aggressive6/30/2015 12:00:00 AM2.59152.358810.552710.57652.59154.825918.117913.1766-3.109612.99535.969.511.711.114Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL140.35000The Moderately Aggressive - Qualified Asset Allocation Strategy seeks to maximize long-term capital appreciation. Typically, equity is substantially emphasized, however a meaningful allocation to fixed income and alternative asset classes is made in an effort to reduce volatility. It is designed for qualified investments. Investors should realize that the substantial emphasis on equity will likely produce a higher level of volatility than a more balanced portfolio. The substantial emphasis of the portfolio’s allocation is on equity. A meaningful allocation to fixed income is maintained. The domestic equity allocation has an emphasis on large cap securities, with smaller allocations to mid and small cap. A commitment to international equity and alternative investments, such as real assets absolute return and private equity, is maintained. A meaningful allocation is made to various sub-classes of fixed income. 0.19050.12531.4833
ModelxChangeBrinker CapitalModerately Aggressive ETFh6/30/2015 12:00:00 AM2.14183.361510.15102.14186.615016.317811.64106.061.6233Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL330.35000The Moderately Conservative – Qualified Asset Allocation Strategy seeks to provide a moderate level of volatility with the opportunity for long-term growth of capital. Typically it has a greater allocation to fixed income than to equity, but there will be a meaningful allocation to equity and exposure to alternative asset classes. It is designed for qualified investments. Investors should understand that the pursuit of these objectives with this allocation will involve a moderate level of principal volatility. The emphasis of the portfolio’s allocation will generally be to fixed income while there is a meaningful allocation for capital appreciation. Substantial positions may be taken in intermediate-term and short-term taxable bonds. Relatively small allocations are made to high-yield and global fixed income. A substantial allocation is made to various domestic equity sub-classes, as well as international equities and alternative investments such as real assets and absolute return. Most asset class and sub-asset class exposures will be accessed through exchange traded funds (ETF); however, mutual funds will be used where the appropriate ETFs are not available or where we believe active management has a significant competitive advantage. 0.03330.00560.6189
ModelxChangeBrinker CapitalModerately Conservative6/30/2015 12:00:00 AM1.68791.31276.58646.44591.68794.07958.988210.4298-3.40289.53563.766.071.71.0513Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL130.35000The Moderately Conservative – Qualified Asset Allocation Strategy seeks to provide a moderate level of volatility with the opportunity for long-term growth of capital. Typically it has a greater allocation to fixed income than to equity, but there will be a meaningful allocation to equity and exposure to alternative asset classes. It is designed for qualified investments. Investors should understand that the pursuit of these objectives with this allocation will involve a moderate level of principal volatility. The emphasis of the portfolio’s allocation will generally be to fixed income while there is a meaningful allocation for capital appreciation. Substantial positions may be taken in intermediate-term and short-term taxable bonds. Relatively small allocations are made to high-yield and global fixed income. A substantial allocation is made to various domestic equity sub-classes, as well as international equities and alternative investments such as real assets and absolute return. 0.19580.08761.3489
ModelxChangeBrinker CapitalModerately Conservative ETFh6/30/2015 12:00:00 AM1.34422.35476.13981.34425.36487.30858.65263.81.5831Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL310.35000The Moderately Conservative – Qualified Asset Allocation Strategy seeks to provide a moderate level of volatility with the opportunity for long-term growth of capital. Typically it has a greater allocation to fixed income than to equity, but there will be a meaningful allocation to equity and exposure to alternative asset classes. It is designed for qualified investments. Investors should understand that the pursuit of these objectives with this allocation will involve a moderate level of principal volatility. The emphasis of the portfolio’s allocation will generally be to fixed income while there is a meaningful allocation for capital appreciation. Substantial positions may be taken in intermediate-term and short-term taxable bonds. Relatively small allocations are made to high-yield and global fixed income. A substantial allocation is made to various domestic equity sub-classes, as well as international equities and alternative investments such as real assets and absolute return. Most asset class and sub-asset class exposures will be accessed through exchange traded funds (ETF); however, mutual funds will be used where the appropriate ETFs are not available or where we believe active management has a significant competitive advantage. 0.03930.00600.6049
ModelxChangeCapital Insight Partners, LLCBalanced6/30/2015 12:00:00 AM0.19660.19661115Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11150.40000This portfolio invests across cash equivalents and global bond, stock and alternative investments. It is appropriate as a QDIA and for investors with a balanced objective. This balanced objective is designed to protect capital through time by diversifying across asset classes. It also seeks growth - primarily through the allocations to stocks. The manager tactically reallocates to balance both objectives through time.0.7115
ModelxChangeCapital Insight Partners, LLCEquity Emphasis6/30/2015 12:00:00 AM0.5947-2.36860.59473.49691117Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11170.40000This portfolio is majority invested in global stocks. While other asset classes are incorporated, the allocation to stocks will generally be the highest percentage. It is appropriate for those with a higher tolerance to risk. This portfolio generally invests the majority of its assets in global stocks. It seeks growth through capital appreciation. 0.7254
ModelxChangeCapital Insight Partners, LLCFixed Income Emphasis6/30/2015 12:00:00 AM-0.3360-0.33601116Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11160.40000This portfolio is majority invested in global bonds and alternative assets. While other asset classes are incorporated, the allocation to bonds and alternative assets will generally be the highest percentage. Some examples of alternative assets include real estate, private equity, commodities and currencies. It is appropriate for those with a lower tolerance for risk than our Balanced and Equity Emphasis portfolios. This portfolio generally invests the majority of its assets in global bonds and alternative assets. It seeks less variance and income generation rather than emphasizing capital appreciation.0.6903
ModelxChangeCapital Management Services, Inc.Aggressive Blend6/30/2015 12:00:00 AM1.46073.026914.242315.23891.46076.067130.061216.37113.189823.44439.8810.311.41.431113Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11130.50000The Aggressive Blend deploys one third allocations to each of these three Portfolios: Long/Short, Leveraged Sector Rotation and Bull/Calendar. Each portfolio adheres to its own strategy. See the Fact Sheets for each of the three Portfolios for detailed information on each. The Aggressive Blend Model and each of the three component Portfolios is managed by CMS Advisors. 1.0887
ModelxChangeCapital Management Services, Inc.Bull/Bear6/30/2015 12:00:00 AM2.29796.287315.945712.37832.297910.211229.38938.3571-10.537324.97268.7412.81.740.981108Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11080.50000The objective of the Bull/Bear Model is to provide exposure to Equities during Cyclical Bull markets, and exposure to Bonds and/or Cash during Cyclical Bear markets. The Bull/Bear Model employs a proprietary Bull-Bear Indicator, built from supply and demand measurements of the US Equity market, to determine whether the US Equity market is in Cyclical Bull or Cyclical Bear status. When in Cyclical Bull status, the Bull/Bear Model is completely invested in Equity positions. When in Cyclical Bear status, the Bull/Bear model is completely invested in Fixed Income/Bond positions. Both Equity and Fixed Income/Bond positions are selected from among low-cost ETF candidates based on performance and relative strength criteria, and are adjusted at least quarterly.0.6318
ModelxChangeCapital Management Services, Inc.Bull/Calendar6/30/2015 12:00:00 AM1.21185.486215.238613.79761.211810.350928.21938.1408-2.768524.97268.7512.331.671.111109Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11090.50000The objective of the Bull/Calendar Model is to provide full 100% exposure to Equities during Cyclical Bull markets, and greatly reduced exposure to Equities during Cyclical Bear markets. The Bull/Calendar Model employs a proprietary Bull-Bear Indicator, built from supply and demand measurements of the US Equity market, to determine whether the US Equity market is in Cyclical Bull or Cyclical Bear status. When in Cyclical Bull status, the Bull/Calendar Model is completely invested in Equity positions. When in Cyclical Bear status, the Bull/Calendar model follows the Calendar Effects strategy, as explained in the Fact Sheet for the Calendar Effects Model. Equity positions are selected from among low-cost ETF candidates based on performance and relative strength criteria, and are adjusted at least quarterly when in Cyclical Bull status, and more frequently when in Cyclical Bear status.0.6318
ModelxChangeCapital Management Services, Inc.Calendar Effects6/30/2015 12:00:00 AM-3.6487-2.86861.68246.3242-3.64871.34813.93115.229417.075011.79386.787.430.270.86718Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7180.50000The objective of the Calendar Effects Model is to take advantage of the Equity Market anomaly known as "Calendar Effects". Calendar Effects are the tendency of the markets to be positive a much higher percentage of the time than would be randomly expected during certain periods of time defined solely by their position in the calendar. This Model may be suitable for investors with a conservative risk profile, or by investors seeking a strategy with a low correlation to the overall Equity market. The Calendar Effects Model will be out of the Equity Market, and in Fixed Income or Cash positions, except for those periods of time determined by CMS analysis to qualify as "Calendar Effects" periods. During "Calendar Effects" periods, the Model is 100% invested in low-cost ETFs selected on the basis of performance and relative strength criteria. Typically, there will be 12 to 14 such periods in a Calendar Year, totaling 70-80 market days (28% - 32% Equity Market time-weighted exposure in a typical year containing 252 market days).0.5867
ModelxChangeCapital Management Services, Inc.Conservative Blend6/30/2015 12:00:00 AM-2.90880.09996.90358.3480-2.90887.858610.99116.61838.674312.91594.415.251.531.551111Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11110.50000The objective of the Conservative Blend Model is to combine the benefits of three independent Specialty Portfolios: Calendar Effects, Bull/Bear and Multi-Sector Bond. The Conservative Blend is intended to produce results that are smoother and with fewer significant drawdowns than the individual portfolios. The Conservative Blend deploys allocates one third to each of these three Portfolios: Calendar Effects, Bull/Bear and Multi-Sector Bond. Each portfolio adheres to its own strategy. See the Fact Sheets for each of the three Portfolios for detailed information on each. The Conservative Blend Model and each of the three component Portfolios is managed by CMS Advisors. 0.6142
ModelxChangeCapital Management Services, Inc.Conservative/Moderate Blend6/30/2015 12:00:00 AM-1.8921-1.08687.169910.2843-1.89215.078713.754010.502314.223613.07985.085.081.381.951043Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10430.50000The objective of the Conservative/Moderate Blend Model is to combine the benefits of four independent Specialty Portfolios: Calendar Effects, Sector Rotation, Long/Cash and Multi-Sector Bond. The Conservative/Moderate Blend is intended to produce results that are smoother and with fewer significant drawdowns than the individual portfolios. The Conservative/Moderate Blend deploys 25% allocations to each of these four Portfolios: Calendar Effects, Sector Rotation, Long/Cash and Multi-Sector Bond. Each portfolio adheres to its own strategy. See the Fact Sheets for each of the four Portfolios for detailed information on each. The Conservative/Moderate Blend Model and each of the four component Portfolios is managed by CMS Advisors.0.6760
ModelxChangeCapital Management Services, Inc.Leveraged Sector Rotation6/30/2015 12:00:00 AM-2.31153.195817.926123.6697-2.311515.746742.95689.450032.459920.25231313.161.341.691275Miscellaneous Sectorhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12750.50000The objective of the Leveraged Sector Rotation Model is to provide leveraged exposure to US Equity Sectors during quarters deemed to be low-risk, and unleveraged exposure to Bond Sectors during quarters deemed to be high-risk. Leverage for equity sectors is targeted at 1.5x. The Leveraged Sector Rotation Model employs leveraged domestic Equity sector investments or unleveraged multi-sector Bond investments. Each quarter, a determination is made whether to use Equity sectors or Bond sectors, based on a measurement of the risk environment. When a quarter is determined to higher-risk, Bond sectors are used; when a quarter is determined to be lower-risk, Equity sectors are used. All sectors, whether Equity or Bond, are selected for inclusion in the Leveraged Sector Rotation Model on the basis of performance ratings, based on momentum, relative strength and other measurements of recent past performance. Reallocation is monthly when using Equity sectors, and quarterly when using Bond sectors. Leverage is capped at 1.5x, typically through the use of reduced allocations to ETFs that have a 2x leverage built in.1.2125
ModelxChangeCapital Management Services, Inc.Long/Cash6/30/2015 12:00:00 AM1.29410.463011.700011.12901.29411.758723.769224.0547-9.823622.85669.4112.471.220.91969Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9690.50000The objective of the Long/Cash Model is to achieve above-average returns by investing in high-performing US and International candidate ETFs, and by avoiding the bulk of intermediate-term (weeks to months) declines in the markets. The Long/Cash Model exits all equity positions and invests in cash and cash-equivalents during intermediate-term declines in the equity markets. The identification of intermediate-term declines is achieved by using a proprietary measurement of the spread or contraction of demand within 36 sectors in the US equity market. When invested, the Long/Cash Model uses US and International positions. The US positions include both stylebox and sector investments, and always represent the majority of the Model's investments. Selections are made from low-cost ETFs, and are based on momentum, relative strength and other performance measurements. Quarterly reallocations are performed when the Long/Cash Model is in the market.0.5000
ModelxChangeCapital Management Services, Inc.Long/Short6/30/2015 12:00:00 AM3.2608-4.40617.70086.54623.2608-8.170718.613232.0107-17.563222.668612.0614.830.670.51103Long/Short Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11030.50000The objective of the Long/Short Model is to achieve above-average returns by investing in high-performing US and International candidate ETFs during intermediate-term (weeks to months) uptrends in the US market, and by investing in inverse S&P500 ETFs during intermediate-term declines in the US market. The Long/Short Model exits all Long positions and invests 100% in inverse S&P 500 ETFs during intermediate-term declines in the equity markets. The identification of intermediate-term declines is achieved by using a proprietary measurement of the spread or contraction of demand within 36 sectors in the US equity market. When invested Long, the Long/Short Model uses US and International positions. The US positions include both stylebox and sector investments, and always represent the majority of the Model's Long investments. Selections are made from low-cost ETFs, and are based on momentum, relative strength and other performance measurements. Quarterly reallocations are performed when the Long/Short Model is positioned Long in the market. 0.5000
ModelxChangeCapital Management Services, Inc.LongSector/Cash6/30/2015 12:00:00 AM1774Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17740.50000The objective of the LongSector/Cash Model is to achieve above-average returns by investing in high-performing US Sectors and International candidate ETFs, and by avoiding the bulk of intermediate-term (weeks to months) declines in the markets. The LongSector/Cash Model exits all equity positions and invests in cash and cash-equivalents during intermediate-term declines in the equity markets. The identification of intermediate-term declines is achieved by using a proprietary measurement of the spread or contraction of demand within 36 sectors in the US equity market. When invested, the LongSector/Cash Model uses US and International Sector positions. The US positions include sector investments, and always represent the majority of the Model's investments. Selections are made from low-cost ETFs, and are based on momentum, relative strength and other performance measurements. Quarterly reallocations are performed when the LongSector/Cash Model is in the market0.8750
ModelxChangeCapital Management Services, Inc.LongSector/Short6/30/2015 12:00:00 AM1775Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17750.50000The objective of the LongSector/Short Model is to achieve above-average returns by investing in high-performing US Sectors and International candidate ETFs, and by avoiding the bulk of intermediate-term (weeks to months) declines in the markets. The LongSector/Short Model exits all equity positions and invests in cash and cash-equivalents during intermediate-term declines in the equity markets. The identification of intermediate-term declines is achieved by using a proprietary measurement of the spread or contraction of demand within 36 sectors in the US equity market. When invested, the LongSector/Short Model uses US and International Sector positions. The US positions include sector investments, and always represent the majority of the Model's investments. Selections are made from low-cost ETFs, and are based on momentum, relative strength and other performance measurements. Quarterly reallocations are performed when the LongSector/Short Model is in the market0.8750
ModelxChangeCapital Management Services, Inc.Moderate/Aggressive Blend6/30/2015 12:00:00 AM-2.3073-1.59566.50459.3613-2.30734.230912.540212.332411.812913.15415.645.311.141.711112Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11120.50000The objective of the Moderate/Aggressive Blend Model is to combine the benefits of four independent Specialty Portfolios: Calendar Effects, Sector Rotation, Long/Short and Multi-Sector Bond. The Moderate/Aggressive Blend is intended to produce results that are smoother and with fewer significant drawdowns than the individual portfolios. The Moderate/Aggressive Blend deploys 25% allocations to each of these four Portfolios: Calendar Effects, Sector Rotation, Long/Short and Multi-Sector Bond. Each portfolio adheres to its own strategy. See the Fact Sheets for each of the four Portfolios for detailed information on each. The Moderate/Aggressive Blend Model and each of the four component Portfolios is managed by CMS Advisors. 0.8981
ModelxChangeCapital Management Services, Inc.Moderate/Aggressive Blend - All Equity6/30/2015 12:00:00 AM-1.04020.35009.242211.7892-1.04024.696219.250211.14628.146019.18947.217.781.261.471287Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12870.50000The objective of the Moderate/Aggressive Blend - All Equity Model is to combine the benefits of four independent Specialty Portfolios: Calendar Effects, Sector Rotation, Long/Short and Bull/Calendar. The Moderate/Aggressive Blend - All Equity is intended to produce results that are smoother and with fewer significant drawdowns than the individual portfolios. This Model is 100% Equity, with no fixed income/bond components. The Moderate/Aggressive Blend - All Equity deploys 25% allocations to each of these four Portfolios: Calendar Effects, Sector Rotation, Long/Short and Bull/Calendar. Each portfolio adheres to its own strategy. See the Fact Sheets for each of the four Portfolios for detailed information on each. The Moderate/Aggressive Blend - All Equity Model and each of the four component Portfolios is managed by CMS Advisors. 0.8876
ModelxChangeCapital Management Services, Inc.Multi-Sector Bond6/30/2015 12:00:00 AM-1.27701.02632.76055.3318-1.27707.0102-1.83915.630120.88111.10813.865.250.711.01968Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9680.50000The objective of the Multi-Sector Bond Model is to provide exposure to multiple high-performing sectors of the Bond asset class. The Multi-Sector Bond Model is reallocated quarterly. Up to three Bond sector ETFs are selected each quarter for inclusion in the Model portfolio. The quarterly selection of Bond sectors is made from among low-cost ETFs on the basis of momentum, relative strength and other performance measurements.0.7490
ModelxChangeCapital Management Services, Inc.Risk-Managed High Equity6/30/2015 12:00:00 AM1.84495.504512.395713.69751.84499.665723.83109.260410.418413.18527.718.061.551.64715Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7150.50000The objective of the Risk-Managed High Equity Model is to provide a "High" level of exposure to the equity markets, and seeks to manage risk by avoiding severe market declines. This Model may be suitable for investors with an aggressive risk profile and/or a longer-term investing horizon. The Risk-Managed High Equity Model employs a 90% maximum Equity exposure during favorable, low-risk market conditions, and a 10% Equity exposure during unfavorable, high-risk market conditions. Favorable or unfavorable conditions are determined quarterly using proprietary market supply and demand measurements and trend analysis. The non-Equity portion of the Model is invested in Fixed Income (Bond) positions. Both Equity and Fixed Income positions are selected from among low-cost ETF candidates based on performance and relative strength criteria, and are adjusted at least quarterly. The Risk-Managed High Equity Model has been awarded the DALBAR QDIA Validation for 2015, certifying that the Risk-Managed High Equity Model is suitable for use as a Qualified Default Investment Alternative and meets all the ERISA requirements applicable to QDIAs. In addition, the Risk-Managed High Equity Model was awarded all “A” (highest) rankings in the separate DALBAR Asset Allocator analysis. The DALBAR QDIA Validation is recognized as a primary means for plan sponsors and advisors to satisfy the ERISA requirements for due diligence and analysis of QDIAs used in their plans.0.6386
ModelxChangeCapital Management Services, Inc.Risk-Managed Low Equity6/30/2015 12:00:00 AM-0.34531.51545.59466.7808-0.34534.931910.75675.27847.63549.42574.523.961.221.67717Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7170.50000The objective of the Risk-Managed Low Equity Model is to provide a "Low" level of exposure to the equity markets, and seeks to manage risk by avoiding severe market declines. This Model may be suitable for investors with a conservative risk profile and/or a shorter-term investing horizon. The Risk-Managed Low Equity Model employs a 30% maximum Equity exposure during favorable, low-risk market conditions, and a 10% Equity exposure during unfavorable, high-risk market conditions. Favorable or unfavorable conditions are determined quarterly using proprietary market supply and demand measurements and trend analysis. The non-Equity portion of the Model is invested in Fixed Income (Bond) positions. Both Equity and Fixed Income positions are selected from among low-cost ETF candidates based on performance and relative strength criteria, and are adjusted at least quarterly. The Risk-Managed Low Equity Model has been awarded the DALBAR QDIA Validation for 2015, certifying that the Risk-Managed Low Equity Model is suitable for use as a Qualified Default Investment Alternative and meets all the ERISA requirements applicable to QDIAs. In addition, the Risk-Managed Low Equity Model was awarded all “A” (highest) rankings in the separate DALBAR Asset Allocator analysis. The DALBAR QDIA Validation is recognized as a primary means for plan sponsors and advisors to satisfy the ERISA requirements for due diligence and analysis of QDIAs used in their plans.0.6795
ModelxChangeCapital Management Services, Inc.Risk-Managed Medium Equity6/30/2015 12:00:00 AM0.83693.60778.03259.66990.83697.321715.20046.24409.104511.50845.345.441.471.72716Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7160.50000The objective of the Risk-Managed Medium Equity Model is to provide a "Medium" level of exposure to the equity markets, and seeks to manage risk by avoiding severe market declines. This Model may be suitable for investors with a moderate risk profile and/or a medium-term investing horizon. The Risk-Managed Medium Equity Model employs a 60% maximum Equity exposure during favorable, low-risk market conditions, and a 10% Equity exposure during unfavorable, high-risk market conditions. Favorable or unfavorable conditions are determined quarterly using proprietary market supply and demand measurements and trend analysis. The non-Equity portion of the Model is invested in Fixed Income (Bond) positions. Both Equity and Fixed Income positions are selected from among low-cost ETF candidates based on performance and relative strength criteria, and are adjusted at least quarterly. The Risk-Managed Medium Equity Model has been awarded the DALBAR QDIA Validation for 2015, certifying that the Risk-Managed Medium Equity Model is suitable for use as a Qualified Default Investment Alternative and meets all the ERISA requirements applicable to QDIAs. In addition, the Risk-Managed Medium Equity Model was awarded all “A” (highest) rankings in the separate DALBAR Asset Allocator analysis. The DALBAR QDIA Validation is recognized as a primary means for plan sponsors and advisors to satisfy the ERISA requirements for due diligence and analysis of QDIAs used in their plans.0.6591
ModelxChangeCapital Management Services, Inc.Sector Rotation6/30/2015 12:00:00 AM-1.57233.798814.124218.4094-1.572314.333229.20517.376428.628815.47378.79.041.561.92967Miscellaneous Sectorhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9670.50000The objective of the Sector Rotation Model is to provide exposure to US Equity Sectors during quarters deemed to be low-risk, and to Bond Sectors during quarters deemed to be high-risk. A risk determination is made at the beginning of each quarter. If the quarter is deemed to be low-risk, then US Equity Sectors are selected for the Model, reallocated monthly during the quarter. If the quarter is deemed to be high-risk, then Bond Sectors are selected for the Model, and held for the duration of the quarter. Both Equity and Bond Sector positions are selected from among low-cost ETF candidates based on performance and relative strength criteria.0.9500
ModelxChangeClark Capital Management GroupNavigator Alternative1144Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11440.50000The Investment Objective of the Core allocation is broad diversification of alternative investment strategies that seeks absolute return from income and capital appreciation, regardless of the direction of the securities markets. The core allocation is implemented primarily with mutual funds for liquidity. The Investment Objective of the Explore allocation is long and short tactical alternative exposure seeking alpha opportunities. The explore allocation is implemented primarily with exchange traded funds. The Core allocation represents 20-60% of the total portfolio. Strategies included in Core are: Market Neutral, Multi-Strategy, Managed Futures, Hedged Equity, Enhanced Equity and Strategic Income. The Explore allocation represents 40-80% of the total portfolio. Strategies included in Explore are: Equity, Fixed Income, Commodities, Currencies, Precious Metals and Real Estate. 0.02801.3828
ModelxChangeClark Capital Management GroupNavigator Fixed Income Total Return6/30/2015 12:00:00 AM1.4589-4.36353.34737.99301.4589-1.49645.02549.583314.517814.87164.425.370.761.45101High Yield Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1010.50000The Navigator Fixed Income Total Return strategy is designed in an effort to deliver excess alpha over a full market cycle measured against Barclays Capital U.S. Corporate High Yield Bond Index. The strategy seeks total return with a secondary goal of current income. The Navigator Fixed Income Total Return strategy is designed in an effort to deliver excess alpha over a full market cycle measured against Barclays Capital U.S. Corporate High Yield Bond Index. The strategy seeks total return with a secondary goal of current income. The strategy utilizes a disciplined, quantitative relative strength research process that targets opportunistic fixed income exposure in three areas: high yield bonds, high quality government and corporate bonds and short term treasuries. Based upon Clark Capital's research, the strategy dynamically allocates to the fixed income sector and yield curve area that is believed to be exhibiting superior relative strength. The strategy is designed to be a disciplined pursuit of alpha, with concentrated allocations to the favored fixed income sector. Portfolios are implemented with exchange traded funds. The portfolio is continuously monitored and adjusted in response to changing market conditions and emerging opportunities. 0.9452
ModelxChangeClark Capital Management GroupNavigator Global Balanced 20-80 Hedged6/30/2015 12:00:00 AM1.4961-1.25433.71976.17611.49610.76515.24249.01153.135914.86324.325.710.861.07106Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1060.50000The Navigator Global Balanced 20-80 Hedged strategy seeks to provide low volatility exposure to the global markets combined with a tactical fixed income allocation for current income. The strategy combines a 20% allocation of the Navigator Global Equity ETF Hedged strategy with an 80% allocation of the Navigator Fixed Income Total Return portfolio. Equity Allocation Investment Strategy The investment process begins with a disciplined, quantitative analysis of relative strength across three subsets of the global equity markets: 1. U.S. market capitalizations and styles 2. Industry sectors and sub-groups 3. International countries and regions. A strategic hedge is employed utilizing volatility as an asset class through the ownership of exchange traded products based on the CBOE S&P 500 Volatility Index (VIX). The portfolio will maintain an allocation to volatility in all market environments without market timing influences. The hedge will be opportunistically managed in an effort to minimize portfolio drag and take advantage of volatility spikes. Fixed Income Allocation Investment Strategy The Navigator Fixed Income Total Return strategy is designed in an effort to deliver excess alpha over a full market cycle measured against Barclays Capital U.S. Corporate High Yield Bond Index. The strategy seeks total return with a secondary goal of current income. The strategy utilizes a disciplined, quantitative relative strength research process that targets opportunistic fixed income exposure in three areas: high yield bonds, high quality government and corporate bonds and short term treasuries. Based upon Clark Capital's research, the strategy dynamically allocates to the fixed income sector and yield curve area that is believed to be exhibiting superior relative strength. The strategy is designed to be a disciplined pursuit of alpha, with concentrated allocations to the favored fixed income sector. Portfolios are implemented with exchange traded funds. The portfolio is continuously monitored and adjusted in response to changing market conditions and emerging opportunities.1.1506
ModelxChangeClark Capital Management GroupNavigator Global Balanced 40-60 Hedged6/30/2015 12:00:00 AM1.4684-0.84843.74055.25811.46841.03305.88087.2778-0.575312.46174.265.910.870.89105Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1050.50000 The Navigator Global Balanced 40-60 Hedged strategy seeks to provide low volatility exposure to the global markets combined with a tactical fixed income allocation for current income. The strategy combines a 40% allocation of the Navigator Global Equity ETF Hedged strategy with an 60% allocation of the Navigator Fixed Income Total Return portfolio. Equity Allocation Investment Strategy The investment process begins with a disciplined, quantitative analysis of relative strength across three subsets of the global equity markets: 1. U.S. market capitalizations and styles 2. Industry sectors and sub-groups 3. International countries and regions. A strategic hedge is employed utilizing volatility as an asset class through the ownership of exchange traded products based on the CBOE S&P 500 Volatility Index (VIX). The portfolio will maintain an allocation to volatility in all market environments without market timing influences. The hedge will be opportunistically managed in an effort to minimize portfolio drag and take advantage of volatility spikes. Fixed Income Allocation Investment Strategy The Navigator Fixed Income Total Return strategy is designed in an effort to deliver excess alpha over a full market cycle measured against Barclays Capital U.S. Corporate High Yield Bond Index. The strategy seeks total return with a secondary goal of current income. The strategy utilizes a disciplined, quantitative relative strength research process that targets opportunistic fixed income exposure in three areas: high yield bonds, high quality government and corporate bonds and short term treasuries. Based upon Clark Capital's research, the strategy dynamically allocates to the fixed income sector and yield curve area that is believed to be exhibiting superior relative strength. The strategy is designed to be a disciplined pursuit of alpha, with concentrated allocations to the favored fixed income sector. Portfolios are implemented with exchange traded funds. The portfolio is continuously monitored and adjusted in response to changing market conditions and emerging opportunities.1.3670
ModelxChangeClark Capital Management GroupNavigator Global Balanced 60-40 Hedged6/30/2015 12:00:00 AM1.3760-0.71983.53623.94481.37601.07226.07924.4688-4.286511.26104.676.450.760.62104Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1040.50000The Navigator Global Balanced 60-40 Hedged strategy seeks to provide low volatility exposure to the global markets combined with a tactical fixed income allocation for current income. The strategy combines a 60% allocation of the Navigator Global Equity ETF Hedged strategy with an 40% allocation of the Navigator Fixed Income Total Return portfolio. Equity Allocation Investment Strategy The investment process begins with a disciplined, quantitative analysis of relative strength across three subsets of the global equity markets: 1. U.S. market capitalizations and styles 2. Industry sectors and sub-groups 3. International countries and regions. A strategic hedge is employed utilizing volatility as an asset class through the ownership of exchange traded products based on the CBOE S&P 500 Volatility Index (VIX). The portfolio will maintain an allocation to volatility in all market environments without market timing influences. The hedge will be opportunistically managed in an effort to minimize portfolio drag and take advantage of volatility spikes. Fixed Income Allocation Investment Strategy The Navigator Fixed Income Total Return strategy is designed in an effort to deliver excess alpha over a full market cycle measured against Barclays Capital U.S. Corporate High Yield Bond Index. The strategy seeks total return with a secondary goal of current income. The strategy utilizes a disciplined, quantitative relative strength research process that targets opportunistic fixed income exposure in three areas: high yield bonds, high quality government and corporate bonds and short term treasuries. Based upon Clark Capital's research, the strategy dynamically allocates to the fixed income sector and yield curve area that is believed to be exhibiting superior relative strength. The strategy is designed to be a disciplined pursuit of alpha, with concentrated allocations to the favored fixed income sector. Portfolios are implemented with exchange traded funds. The portfolio is continuously monitored and adjusted in response to changing market conditions and emerging opportunities.1.5835
ModelxChangeClark Capital Management GroupNavigator Global Balanced 80-20 Hedged6/30/2015 12:00:00 AM1.3540-0.19964.11843.64461.35400.53709.68472.7461-6.758310.06025.217.550.790.5103Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1030.50000The Navigator Global Balanced 80-20 Hedged strategy seeks to provide low volatility exposure to the global markets combined with a tactical fixed income allocation for current income. The strategy combines a 80% allocation of the Navigator Global Equity ETF Hedged strategy with an 20% allocation of the Navigator Fixed Income Total Return portfolio. Equity Allocation Investment Strategy The investment process begins with a disciplined, quantitative analysis of relative strength across three subsets of the global equity markets: 1. U.S. market capitalizations and styles 2. Industry sectors and sub-groups 3. International countries and regions. A strategic hedge is employed utilizing volatility as an asset class through the ownership of exchange traded products based on the CBOE S&P 500 Volatility Index (VIX). The portfolio will maintain an allocation to volatility in all market environments without market timing influences. The hedge will be opportunistically managed in an effort to minimize portfolio drag and take advantage of volatility spikes. Fixed Income Allocation Investment Strategy The Navigator Fixed Income Total Return strategy is designed in an effort to deliver excess alpha over a full market cycle measured against Barclays Capital U.S. Corporate High Yield Bond Index. The strategy seeks total return with a secondary goal of current income. The strategy utilizes a disciplined, quantitative relative strength research process that targets opportunistic fixed income exposure in three areas: high yield bonds, high quality government and corporate bonds and short term treasuries. Based upon Clark Capital's research, the strategy dynamically allocates to the fixed income sector and yield curve area that is believed to be exhibiting superior relative strength. The strategy is designed to be a disciplined pursuit of alpha, with concentrated allocations to the favored fixed income sector. Portfolios are implemented with exchange traded funds. The portfolio is continuously monitored and adjusted in response to changing market conditions and emerging opportunities.1.7999
ModelxChangeClark Capital Management GroupNavigator Global Equity ETF28World Stockhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL280.50000The Navigator Global Equity ETF strategy is a global equity asset allocation portfolio designed in an effort to deliver excess alpha over a full market cycle measured against MSCI World Index and the S&P 500. The strategy seeks long-term capital appreciation. Investment Philosophy Our investment philosophy is based on the fundamental belief that the collective wisdom of the market is consistently more accurate than any one investment strategy. The daily action of market participants creates inertia, revealing a directional ebb and flow, which is translated through price. The essence of our research measures the “relative strength” of this movement in price which allows us to adapt to changing themes and is not biased to a traditional style or market capitalization approach. Portfolio Construction The investment process begins with a disciplined, quantitative analysis of relative strength across three subsets of the global equity markets: 1. U.S. market capitalizations and styles 2. Industry sectors and sub-groups 3. International countries and regions. Portfolio Managers systematically measure each security versus every security within a targeted universe. The top two quartiles are then identified as an investable idea and then optimized to separate real trends or themes from “market noise.” Lastly, each buy candidate is analyzed for external events, liquidity constraints and overall diversification needs.0.8793
ModelxChangeClark Capital Management GroupNavigator Global Opportunity102Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1020.50000The Navigator Global Opportunity strategy utilizes an unconstrained global asset allocation policy designed to deliver excess alpha over a full market cycle with low volatility. The strategy's asset allocation policy is focused on both long and short exposure in the following asset classes: U.S. market capitalizations and styles, Industry sectors and sub-groups, International countries and regions, Domestic and foreign fixed income, Commodities/precious metals, Currencies, Volatility and Real Estate. The investment process begins with a disciplined, quantitative analysis of relative strength of the asset class universe to create a macro asset allocation policy. Asset classes are then segmented into sub-asset classes and ranked utilizing relative strength compared to their peers. Top-ranked sub-asset classes are identified as buy candidates and low-ranked sub-asset classes are identified as short ideas. Both are optimized to separate real trends or themes from "market noise." Lastly, each buy candidate is analyzed for external events, liquidity constraints and overall diversification needs.0.9146
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Aggressive (85-100)6/30/2015 12:00:00 AM2.08100.48479.47969.78652.08102.553919.043411.6932-5.453113.69317.3811.691.260.8545Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL450.00000CLS’s proprietary funds generally use ETFs for a large part of their allocation, but also invest in individual securities. Multiple CLS-managed proprietary funds are used to build the AdvisorOne portfolios. This strategy uses risk budgeting and targets a risk level similar to a 100 percent allocation to a diversified equity benchmark. Aggressive Model (suggested score range: 85-100; suggested age range: 18-25) The Aggressive allocation pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with substantial investment risk; - have a long investment time horizon; and - seek to maximize long-term returns while accepting the possibility of significant short-term or even long-term losses.0.40001.4725
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Conservative (30-44)6/30/2015 12:00:00 AM0.6269-0.56953.38154.55940.62691.24944.83807.4023-0.15468.40183.325.210.8761Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL610.00000CLS’s proprietary funds generally use ETFs for a large part of their allocation, but also invest in individual securities. Multiple CLS-managed proprietary funds are used to build the AdvisorOne portfolios. This strategy uses risk budgeting and targets a risk level similar to a 50 percent allocation to a diversified equity benchmark. Conservative Model (suggested score range: 30-44; suggested age range: 65 and above) The Conservative allocation pursues its objective by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a relatively short investment time horizon; - have a low tolerance for risk; and primarily seek income from their investment.0.29951.2564
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderate (60-74)6/30/2015 12:00:00 AM1.2833-0.39137.08757.85761.28331.872213.737510.1402-3.403012.00525.889.31.190.8659Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL590.00000CLS’s proprietary funds generally use ETFs for a large part of their allocation, but also invest in individual securities. Multiple CLS-managed proprietary funds are used to build the AdvisorOne portfolios. This strategy uses risk budgeting and targets a risk level similar to a 70 percent allocation to a diversified equity benchmark. Moderate Model (suggested score range: 60-74; suggested age range: 39-50) The Moderate allocation pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept moderate short-term price fluctuations in exchange for potentially higher returns over time.0.37151.3874
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderately Aggressive (75-84)6/30/2015 12:00:00 AM1.7019-0.10698.29988.87741.70192.025216.642410.9371-4.536412.95216.6810.621.220.8558Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL580.00000CLS’s proprietary funds generally use ETFs for a large part of their allocation, but also invest in individual securities. Multiple CLS-managed proprietary funds are used to build the AdvisorOne portfolios. This strategy uses risk budgeting and targets a risk level similar to a 85 percent allocation to a diversified equity benchmark. Moderately Aggressive Model (suggested score range: 75-84; suggested age range: 26-38) The Moderately Aggressive allocation pursues its objective primarily by seeking growth of capital, as well as income. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses.0.38201.4310
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderately Conservative (45-59)6/30/2015 12:00:00 AM0.9256-0.67735.07716.21320.92561.33549.07328.7351-1.429310.40874.577.191.10.8760Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL600.00000CLS’s proprietary funds generally use ETFs for a large part of their allocation, but also invest in individual securities. Multiple CLS-managed proprietary funds are used to build the AdvisorOne portfolios. This strategy uses risk budgeting and targets a risk level similar to a 60 percent allocation to a diversified equity benchmark. Moderately Conservative Model (suggested score range: 45-59; suggested age range: 51-64) The Moderately Conservative allocation pursues its objective by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - primarily seek income from their investment; - have a shorter investment time horizon; and - are willing to accept some short-term price fluctuations in exchange for potentially higher income and growth.0.34901.3544
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Conservative (45-54)6/30/2015 12:00:00 AM1.11140.61685.58084.83081.11142.935910.53613.8511-2.68887.11494.525.361.210.964Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL640.20000CLS’s protection models seek to limit the impact that significant market downturns can have on investments. The models also seek growth of capital by aiming for average risk levels similar to either a 70, 60, or 50 percent allocation to a diversified equity benchmark. The models target a 30 percent allocation to a protection fund, with the remainder of the portfolio being allocated to CLS-managed proprietary funds. The AdvisorOne Protection models are designed to help investors who are within 10 years of retirement to prepare for transition to retirement by continuing to allow for wealth accumulation while gradually decreasing the risk of the portfolio and adding a level of protection. AdvisorOne Protection Conservative Model (Suggested score range: 45-54) The AdvisorOne Protection Conservative allocation pursues its objective by seeking income and, secondarily, long-term growth of capital. Approximately 30 percent of your portfolio will be invested in one or more Affiliated Funds designed to provide protection from large equity market declines. This allocation may be appropriate for investors who: - have a relatively short investment time horizon; - have a low tolerance for risk; and - primarily seek income from their investment.0.32351.4626
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Moderate (65-75)6/30/2015 12:00:00 AM0.8199-0.14037.31926.42900.81992.971415.40235.7258-5.06019.59665.987.81.210.8362Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL620.20000CLS’s protection models seek to limit the impact that significant market downturns can have on investments. The models also seek growth of capital by aiming for average risk levels similar to either a 70, 60, or 50 percent allocation to a diversified equity benchmark. The models target a 30 percent allocation to a protection fund, with the remainder of the portfolio being allocated to CLS-managed proprietary funds. The AdvisorOne Protection models are designed to help investors who are within 10 years of retirement to prepare for transition to retirement by continuing to allow for wealth accumulation while gradually decreasing the risk of the portfolio and adding a level of protection. AdvisorOne Protection Moderate Model (Suggested score range: 65-75) The AdvisorOne Protection Moderate allocation pursues its objective primarily by seeking both growth of capital, as well as income. Approximately 30 percent of your portfolio will be invested in one or more Affiliated Funds designed to provide protection from large equity market declines. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept moderate short-term price fluctuations in exchange for potentially higher returns over time.0.36251.5310
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Moderately Conservative (55-64)6/30/2015 12:00:00 AM0.87816.64015.69152.937612.76054.9644-4.20278.620663Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL630.20000CLS’s protection models seek to limit the impact that significant market downturns can have on investments. The models also seek growth of capital by aiming for average risk levels similar to either a 70, 60, or 50 percent allocation to a diversified equity benchmark. The models target a 30 percent allocation to a protection fund, with the remainder of the portfolio being allocated to CLS-managed proprietary funds. The AdvisorOne Protection models are designed to help investors who are within 10 years of retirement to prepare for transition to retirement by continuing to allow for wealth accumulation while gradually decreasing the risk of the portfolio and adding a level of protection. AdvisorOne Protection Moderately Conservative Model (Suggested score range: 55-64) The AdvisorOne Protection Moderately Conservative allocation pursues its objective by seeking income and, secondarily, long-term growth of capital. Approximately 30 percent of your portfolio will be invested in one or more Affiliated Funds designed to provide protection from large equity market declines. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - primarily seek income from their investment; - have a shorter investment time horizon; and - are willing to accept some0.34751.5018
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Aggressive 100 (95-100)6/30/2015 12:00:00 AM1.88482.337612.361612.51601.88485.467023.473215.4586-6.242416.89468.3513.451.440.9468Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL680.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 100 percent allocation to a diversified equity benchmark. ETF Portfolio Aggressive 100 (suggested score range: 100-95) The Aggressive 100 allocation approximates 100% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with substantial investment risk; - have a long investment time horizon; and - seek to maximize long-term returns while accepting the possibility of significant short-term or even long-term losses.0.4573
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Aggressive 90 (85-94)6/30/2015 12:00:00 AM1.80371.988811.184811.62991.80374.872020.682514.4092-4.948115.29017.6812.521.420.9469Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL690.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 90 percent allocation to a diversified equity benchmark. ETF Portfolio Aggressive 90 (suggested score range: 94-85) The Aggressive 90 allocation approximates 90% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses.0.4957
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Conservative 30 (30-34)6/30/2015 12:00:00 AM0.7593-0.09992.82230.75932.15011.71378.7615-1.19143.130.8975Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL750.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 20 percent allocation to a diversified equity benchmark. ETF Portfolio Conservative 30 (Suggested score range: 34-30) Conservative 30 allocation approximates 30% of the risk of a diversified equity portfolio and pursues its objective by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a relatively short investment time horizon; - have a low tolerance for risk; and - primarily seek income from their investment.0.5774
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderate 60 (55-64)6/30/2015 12:00:00 AM1.66221.50077.03738.09521.66223.857710.395711.6845-1.536411.79635.138.251.340.9872Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL720.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 55 percent allocation to a diversified equity benchmark. ETF Portfolio Moderate 60 (suggested score range: 64-55) Moderate 60 allocation approximates 60% of the risk of a diversified equity portfolio and pursues its objective by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - have a relatively short investment time horizon; and - seek both growth and income from their investment.0.5452
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderate 70 (65-74)6/30/2015 12:00:00 AM1.49431.23607.97279.17871.49433.734213.156012.6986-2.089613.30255.979.551.310.9671Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL710.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 65 percent allocation to a diversified equity benchmark. CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 65 percent allocation to a diversified equity benchmark.0.5312
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderately Aggressive 80 (75-84)6/30/2015 12:00:00 AM2.01743.056510.021310.72452.01745.414216.594413.8799-4.123914.89266.8611.231.420.9670Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL700.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 75 percent allocation to a diversified equity benchmark. ETF Portfolio Moderately Aggressive 80 (suggested score range: 84-75) The Moderately Aggressive 80 allocation approximates 80% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept moderate short-term price fluctuations in exchange for potentially higher returns over time.0.5039
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderately Conservative 40 (35-44)6/30/2015 12:00:00 AM0.99870.44493.85305.47000.99873.28653.45079.28780.99259.52063.665.61.040.9774Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL740.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 30 percent allocation to a diversified equity benchmark. ETF Portfolio Moderately Conservative 40 (Suggested score range: 44-35) The Moderately Conservative 40 allocation approximates 40% of the risk of a diversified equity portfolio and pursues its objective by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a shorter investment time horizon; - have a low tolerance for risk; - primarily seek income from their investment; and - are willing to accept some short-term price fluctuations in exchange for potentially higher income and growth.0.5859
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderately Conservative 50 (45-54)6/30/2015 12:00:00 AM1.44981.32585.66026.95581.44983.65726.893211.3055-0.420210.86624.437.121.250.9773Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL730.25000CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 40 percent allocation to a diversified equity benchmark. CLS Investments, LLC (“CLS”) uses ETFs in a tactical manner to overweight its portfolios based on capitalization, style, sector, region, quality, and duration in an effort to seek outperformance. This strategy uses risk budgeting and targets a risk level similar to 40 percent allocation to a diversified equity benchmark.0.5679
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20156/30/2015 12:00:00 AM1.24121.24121672Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16720.25000The Target Date 2015 approximates 55% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - primarily seek income from their investment; and - are willing to accept some short-term price fluctuations in exchange for potentially higher income and growth. 0.5614
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20206/30/2015 12:00:00 AM1.63371.63371671Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16710.25000The Target Date 2020 approximates 65% of the risk of a diversified equity portfolio and pursues its objective by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - have a relatively short investment time horizon; - seek both growth and income from their investment. 0.5405
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20256/30/2015 12:00:00 AM1.61721.61721670Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16700.25000The Target Date 2025 approximates 75% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept substantive short-term price fluctuations in exchange for potentially higher returns over time. 0.5150
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20306/30/2015 12:00:00 AM1.70051.70051669Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16690.25000The Target Date 2030 approximates 80% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept substantive short-term price fluctuations in exchange for potentially higher returns over time. 0.5031
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20356/30/2015 12:00:00 AM1.34251.34251668Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16680.25000The Target Date 2035 approximates 85% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept substantive short-term price fluctuations in exchange for potentially higher returns over time. 0.5037
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20406/30/2015 12:00:00 AM1.53071.53071667Target Date 2036-2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16670.25000The Target Date 2040 allocation approximates 90% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses. 0.4957
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20456/30/2015 12:00:00 AM1.56851.56851666Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16660.25000The Target Date 2045 allocation approximates 92% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses. 0.4952
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20506/30/2015 12:00:00 AM1.56291.56291665Target Date 2046-2050 https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16650.25000The Target Date 2050 allocation approximates 93% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses. 0.4854
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20556/30/2015 12:00:00 AM1.47661.47661664Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16640.25000The Target Date 2055 allocation approximates 95% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses. 0.4739
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20606/30/2015 12:00:00 AM1.56201.56201663Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16630.25000The Target Date 2060 allocation approximates 100% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with substantial investment risk; - have a long investment time horizon; and - seek to maximize long-term returns while accepting the possibility of significant short-term or even long-term losses. 0.4573
ModelxChangeDella Parola Capital Management, LLCDella Parola Tactical Balanced6/30/2015 12:00:00 AM-0.68634.323711.73869.6020-0.68638.235324.63735.82743.91418.55137.857.561.451.252023Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20230.65000To deliver consistent balanced investment returns by allocating 50% of the capital to equities in favorable economic sectors, and 50% of the capital to income-oriented assets. The Della Parola Tactical Balanced Strategy implements a proprietary optimization process, which is used to optimize the portfolio’s overall risk target. The strategy’s main goals are to generate long-term growth and real income while minimizing the overall portfolio’s volatility, limit exposure to fluctuations in domestic interest rates, and lower the overall duration risk of the portfolio.1.1555
ModelxChangeDella Parola Capital Management, LLCDella Parola Tactical Growth6/30/2015 12:00:00 AM0.01549.902018.930814.64290.015412.630744.72374.71055.01788.026912.6811.961.431.22006Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20060.75000To deliver above benchmark investment returns through rich exposure to the equity markets by tactically selecting favorable economic sectors. The Della Parola Tactical Growth Strategy implements Beta Optimization, which is a proprietary Della Parola modeling process, used to optimize the portfolio’s overall risk target. The strategy is comprised of sector focused Exchange Traded Funds (ETFs), and may use levered ETFs to exploit favorable equity market conditions. On the converse, the strategy will use inverse ETFs or short-term treasuries to hedge the portfolio during prolonged market drawdowns.1.0280
ModelxChangeDella Parola Capital Management, LLCDella Parola Tactical Income6/30/2015 12:00:00 AM-1.7053-1.37282.91084.6357-1.70534.25663.20305.17704.37099.25725.25.940.570.782022Market Neutralhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20220.55000To deliver consistent positive income in excess of the US Consumer Price Index (CPI) on an absolute return basis. The Della Parola Tactical Income Strategy tactically allocates capital to income generating securities through a proprietary optimization process. The strategy’s main goal is to generate positive total returns while minimizing the overall portfolio’s volatility. This strategy is purposely designed to reduce exposure to fluctuations in domestic interest rates, and lower the overall duration risk that is present in most traditional fixed income strategies.1.2850
ModelxChangeEfficient Market Advisors, LLC11-19 Year Aggressive6/30/2015 12:00:00 AM2.79811.675110.663811.17572.79813.689018.954213.5841-1.124315.56597.0310.411.471.07203Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2030.50000Aggressive Growth & Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs) 0.7848
ModelxChangeEfficient Market Advisors, LLC11-19 Year Conservative6/30/2015 12:00:00 AM2.52721.11819.09969.90862.52722.780915.478312.82310.287515.04036.048.91.471.1201Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2010.50000Conservative Growth & Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.8102
ModelxChangeEfficient Market Advisors, LLC11-19 Year Moderate6/30/2015 12:00:00 AM2.58451.240310.126410.65392.58453.295517.697913.8004-0.867315.21206.699.881.471.07202Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2020.50000Moderate Growth & Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs) 0.7990
ModelxChangeEfficient Market Advisors, LLC2-5 Year Aggressive6/30/2015 12:00:00 AM1.94690.01537.43498.22831.94691.793212.845310.9908-0.293313.80295.448.061.341.02197Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1970.50000Aggressive Income & Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.8418
ModelxChangeEfficient Market Advisors, LLC2-5 Year Conservative6/30/2015 12:00:00 AM1.9169-0.42495.15486.16621.91690.93037.77049.83451.29089.74414.165.741.221.06195Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1950.50000Conservative Income & Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.8657
ModelxChangeEfficient Market Advisors, LLC2-5 Year Moderate6/30/2015 12:00:00 AM1.9508-0.00886.69337.77771.95081.738311.09509.71512.343011.98525.047.111.31.08196Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1960.50000Moderate Income & Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.8441
ModelxChangeEfficient Market Advisors, LLC20+ Year Aggressive6/30/2015 12:00:00 AM3.10542.777412.974712.10753.10544.854123.542315.8750-5.557917.3559811.911.571.02206Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2060.50000Aggressive Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.7461
ModelxChangeEfficient Market Advisors, LLC20+ Year Conservative6/30/2015 12:00:00 AM2.99102.457511.458512.02582.99104.891919.195515.4029-0.564616.84087.1410.711.551.11204Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2040.50000Conservative Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs) 0.7783
ModelxChangeEfficient Market Advisors, LLC20+ Year Moderate6/30/2015 12:00:00 AM3.05942.697612.507612.51273.05945.021722.035715.3037-1.817516.84607.711.371.571.09205Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2050.50000Moderate Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.7622
ModelxChangeEfficient Market Advisors, LLC6-10 Year Aggressive6/30/2015 12:00:00 AM2.23200.94729.10219.29572.23203.243216.070811.4960-2.689815.27226.028.811.471.05200Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2000.50000Aggressive Balanced Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs) 0.8153
ModelxChangeEfficient Market Advisors, LLC6-10 Year Conservative6/30/2015 12:00:00 AM2.35940.79357.00037.74172.35942.590510.407210.76680.638611.93995.047.171.361.07198Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1980.50000Conservative Balanced Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.8310
ModelxChangeEfficient Market Advisors, LLC6-10 Year Moderate6/30/2015 12:00:00 AM2.25460.83768.36119.10912.25462.936913.738912.2515-0.158512.32345.598.491.461.07199Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1990.50000Moderate Balanced Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.8279
ModelxChangeEfficient Market Advisors, LLCTaking Income Aggressive6/30/2015 12:00:00 AM2.09860.21824.94335.72782.09861.78156.60178.30091.66929.21723.75.111.311.11194Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1940.50000Aggressive Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.8802
ModelxChangeEfficient Market Advisors, LLCTaking Income Conservative6/30/2015 12:00:00 AM1.4168-0.41853.53114.40041.41681.03664.86516.21562.55027.45642.773.621.251.2192Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1920.50000Conservative Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs)0.9057
ModelxChangeEfficient Market Advisors, LLCTaking Income Moderate6/30/2015 12:00:00 AM1.5406-0.51214.05765.01891.54060.93196.06237.58052.06858.20893.324.381.21.13193Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1930.50000Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMA's investment strategy emphasizes top down, macroeconomic research in creating an active asset allocation strategy. This strategy is implemented through our unique time and risk based portfolios. Passive security selection is the use of an index based vehicle to gain diversified exposure to a desired asset class or category. Asset classes and categories may include Stock, Bond, or Alternative based Exchange Traded Funds. (ETFs) 0.8923
ModelxChangeETF Model Solutions, LLCEndowment Aggressive Allocation6/30/2015 12:00:00 AM2090Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20900.35000The Endowment Aggressive Allocation seeks to provide long term capital appreciation through a strategic allocation to stocks, bonds and liquid alternatives. This model seeks capital appreciation and growth while reducing overall portfolio volatility by diversifying across 3 primary asset classes (equity, fixed income, and liquid alternatives) utilizing a wide range of asset classes based upon the Endowment Investment Philosophy®. The manager intends to modify the weights of positions from the Endowment Index™, placing greater emphasis on the equity holdings within the portfolio while lessening the bond and alternatives allocations, seeking to maintain a portfolio with an aggressive growth risk-based profile. The manager intends to utilize primarily exchange traded funds (ETFs) to implement the strategy. 0.8625
ModelxChangeETF Model Solutions, LLCEndowment Conservative Allocation6/30/2015 12:00:00 AM2089Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20890.35000The Endowment Conservative Allocation seeks to provide both long term capital appreciation and income through a strategic asset allocation to bonds, stocks and liquid alternatives while maintaining a conservative risk profile. This model seeks to minimize risk and maximize return by diversifying across 3 primary asset classes (equity, fixed income and liquid alternatives) utilizing a wide range of sub-asset classes based upon the Endowment Investment Philosophy®. The manager intends to modify the weights of positions within the Endowment Index™, placing greater emphasis on the cash and fixed income holdings within the portfolio while reducing the allocations to equity and alternatives in an effort to dampen overall portfolio volatility and maintain a portfolio with a conservative risk-based profile. The manager intends to utilize primarily exchange traded funds (ETFs) to implement the strategy.0.8617
ModelxChangeETF Model Solutions, LLCEndowment Moderate Allocation6/30/2015 12:00:00 AM2170Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21700.35000Capital appreciation and growth The manager uses an indexed approach based upon the Endowment Index®, which applies a rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions that collectively manage over $500 billion in total assets. There are over 30,000 underlying securities contained within the 19 sub-indexes within the portfolio. Most investment strategies are two dimensional portfolios comprised of stocks and bonds. The Endowment Moderate Allocation expands its portfolio to include a third dimension by using alternative investments. The primary goal of using alternative investments in a portfolio is to augment the risk-adjusted returns provided by a two dimensional stock-bond portfolio. The manager estimates that the portfolio allocation will generally fall within the following ranges: Growth (30-50%), Income (8-30%), and Risk Managed (40-62%). Growth: This segment of the portfolio includes allocations to global equities, including domestic, international developed, and emerging markets through broad-based exchange traded funds (ETFs). Fixed Income: This segment includes allocations to fixed income securities that can provide a steady source of income and are intended to assist in the reduction of overall portfolio volatility. The manager will primarily utilize ETFs to fulfill the fixed income allocation. Risk Managed: This segment includes allocations to alternative investments like hedge funds, private equity and real assets. This portion of the portfolio is intended to help mitigate overall portfolio volatility (reduce drawdowns), assist in hedging inflation, and providing additional sources of return. The risk-managed portion of the portfolio may include both ETFs and mutual funds. The 2015 target allocation is 36% Equity/51% Alternatives/9% Fixed Income/4% Liquidity. 0.9875
ModelxChangeETF Model Solutions, LLCEndowment Multi-Asset ETF Allocation6/30/2015 12:00:00 AM3.17860.98163.17861454Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14540.35000The objective of the Endowment Multi-Asset ETF Allocation Collective Investment Fund is capital appreciation and growth. The manager uses an indexed approach based upon the Endowment Index®, which applies a rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions that collectively manage over $500 billion in total assets. There are over 30,000 underlying securities contained within the 19 sub-indexes within the portfolio. Most investment strategies are two dimensional portfolios comprised of stocks and bonds. The Endowment Multi-Asset ETF Allocation expands its portfolio to include a third dimension by using alternative investments. The primary goal of using alternative investments in a portfolio is to augment the risk-adjusted returns provided by a two dimensional stock-bond portfolio. The manager estimates that the portfolio allocation will generally fall within the following ranges: Growth (30-50%), Income (8-30%), and Risk Managed (40-62%). Growth: This segment of the portfolio includes allocations to global equities, including domestic, international developed, and emerging markets through broad-based exchange traded funds (ETFs). Fixed Income: This segment includes allocations to fixed income securities that can provide a steady source of income and are intended to assist in the reduction of overall portfolio volatility. The manager will primarily utilize ETFs to fulfill the fixed income allocation. Risk Managed: This segment includes allocations to alternative investments like hedge funds, private equity and real assets. This portion of the portfolio is intended to help mitigate overall portfolio volatility (reduce drawdowns), assist in hedging inflation, and providing additional sources of return. The risk-managed portion of the portfolio may include both ETFs and mutual funds. The current target allocation is 36% Equity/51% Alternatives/9% Fixed Income/4% Liquidity.0.9875
ModelxChangeETF Model Solutions, LLCETF-MS Global Equity Model6/30/2015 12:00:00 AM2.80670.176210.527611.02992.80672.389018.631214.7188-4.992017.71389.0612.831.150.881185World Stockhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11850.35000The objective of this model is capital appreciation and growth. The model seeks to generate returns that match or exceed those of the MSCI World Index. This model offers a strategic allocation of equity securities utilizing a Core- Satellite passive investment approach. The core of the portfolio will target low-cost, market capitalization-weighted domestic equity ETFs. The satellite portion of the portfolio will target alternative equity indices or actively managed equity income strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include international or emerging market stocks, or alternative indexing strategies with fundamental weighting, dividend weighting, volatility weighting, thematic weighting, and others. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular equity market cycles. The manager believes that the return component provided by dividends in an equity portfolio become more critical in a low return environment, and offer the opportunity to contribute a higher percentage of overall equity returns. Hence, the manager will have a tendency to overweight to higher dividend-producing equities in an effort to generate improved returns.0.7278
ModelxChangeETF Model Solutions, LLCETF-MS Global Fixed Income Model1217World Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12170.35000The objective of this model is to generate income by creating a globally-diversified portfolio of exchange-traded funds that invest in fixed-income securities. This model offers a strategic allocation of fixed income securities utilizing a Core-Satellite passive investment approach. The core of the portfolio will target low cost, market capitalization weighted domestic fixed income ETFs. The satellite portion of the portfolio will target alternative fixed-income indices or actively managed fixed income strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include international or emerging market bonds (both sovereign and corporates that may be denominated in local or domestic currency, global high yield bonds, senior bank loans, floating rate notes, municipal bonds and others. The manager will utilize an active-passive approach that may overweight core or satellite holdings during various stages of secular interest rate cycles.0.8428
ModelxChangeETF Model Solutions, LLCETF-MS Global Multi-Asset Income Model1234Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12340.35000The objective of this model is to generate income and long-term capital appreciation by creating a globally-diversified portfolio of exchange-traded funds that invest in equity, fixed-income, REITs, and other income-generating or hybrid securities. The model will strive to maintain a balance between equity, fixed-income and hybrid securities in an effort to optimize risk-adjusted returns to meet its objectives. This model offers a strategic allocation of fixed income, equity, and hybrid securities utilizing a Core-Satellite passive investment approach. The core of the portfolio will target low-cost, primarily market capitalization-weighted ETFs across four main segments of the market: 1) Global High Income Equities; 2) Global Real Estate Investment Trusts/Master Limited Partnerships; 3) Business Development Companies/Closed End Funds; and, 4) High Yield Fixed Income/Preferred Securities. The satellite portion of the portfolio will target indices or actively managed strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include sector/thematic ETFs, mortgage REITs, MLPs, closed end funds, high yield municipal securities, emerging market corporate bonds and short duration high yield bonds, and other securities. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular interest rate, economic, and financial-market cycles. 1.3603
ModelxChangeETF Model Solutions, LLCETF-MS Hedge Fund of Funds Model1237Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12370.35000The objective of this model is to hold liquid alternative funds (primarily mutual funds) that provide a lower cost and a more liquid way to access exposure to hedge fund strategies. Hedge Fund of Funds have generally been illiquid and have been available to institutions and accredited investors at a 3% management fee & a 30% incentive fee cost structure. Due to the proliferation of the liquid alternative strategies offered in 1940 Act funds, it is now possible to build a broadly diversified portfolio of hedge funds that are not only liquid but available at a much lower total cost structure than the 3&30 cost structure. It is expected to produce returns that have a higher correlation to broad hedge fund benchmarks like the HFRX Global Hedge Fund Index at a substantially lower cost. Hedge Fund of Funds have generally been illiquid and have been available to institutions and accredited investors at a 3% management fee & a 30% incentive fee cost structure. Due to the proliferation of the liquid alternative strategies offered in 1940 Act funds, it is now possible to build a broadly diversified portfolio of hedge funds that are not only liquid but available at a much lower total cost structure than the "3&30" cost structure. The model seeks to invest across four main segments of the hedge funds universe: 1) Multi-strategy funds; 2) Arbitrage funds; 3) Event-Driven funds; and, 4) Directional funds. Examples of strategies include Fixed Income Arbitrage, Convertible Bond Arbitrage, Merger Arbitrage, Capital Structure Arbitrage, Equity Long Short, Managed Futures, Momentum, etc.0.21900.12751.8860
ModelxChangeETF Model Solutions, LLCETF-MS Private Equity Model1236Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12360.35000Private equity is an asset class that is typically underweighted in the average investors portfolio because of the risk involved and, historically investing in private equity required one to have a high net worth and to purchase limited partnerships. The objective of this model is to hold securities that have some resemblance or correlation to the private equity market either directly or indirectly. The model is broadly diversified and has a bias to domestic securities. Publicly traded securities held are proxies for the private equity market. This model seeks to provide a strategic allocation of securities that offer exposure to the private equity asset class by using a Core-Satellite investing approach. Core investments include low cost, primarily market capitalization weighted ETFs across four main segments of the market: 1 ) Listed private equity funds 2) Listed private debt funds 3) Publicly traded traditional proxies for private equity and 4) Publicly traded alternative proxies. The Satellite portion of the portfolio will target ETFs that track alternative indices, add incremental return or reduce portfolio volatility. Satellite strategies may include pre-IPO business development companies, venture debt, convertibles, companies doing buybacks, and other exchange traded or otherwise registered securities or mutual funds that offer entrée into the private equity asset class. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular economic and market cycles.1.3683
ModelxChangeETF Model Solutions, LLCETF-MS Real Asset Model1235Inflation-Protected Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12350.35000The objective of this model is to hold securities that have a higher correlation to inflation and/or own tangible/hard assets. The model seeks to be broadly diversified and has a bias to income producing hard assets. This portfolio is intended to be used as an inflation hedge within an overall portfolio by seeking to produce positive real returns in a higher inflation environment. This model offers a strategic allocation of securities expected to provide a broad exposure to real assets by using a Core-Satellite passive investment approach. The core of the portfolio will target low-cost, primarily market capitalization-weighted ETFs across four main segments of the market: 1) real estate investment trusts; 2) infrastructure/master limited partnerships; 3) commodities & precious metals; and, 4) inflation-linked fixed income. The satellite portion of the portfolio will target alternative indices or actively managed strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include dividend weighted ETFs, sector/thematic ETFs, long/flat commodity indices, fixed duration inflation indexed ETFs, actively-managed senior bank loan ETFs, and others. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular interest rate, inflation, economic, and financial-market cycles.0.9119
ModelxChangeETF Model Solutions, LLCETF-MS Short Duration Fixed Income Model1218Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12180.35000The objective of this model is to provide an investment alternative that can provide a greater return than can be earned in money market securities, while reducing the volatility that can sometimes be experienced in bonds by limiting the average overall portfolio duration to approximately 3 or less. The manager seeks to maintain an average overall investment grade rating for the entire portfolio. This model offers a diversified, strategic allocation of exchange-traded funds that invest in fixed income securities. The portfolio manager utilizes a Core-Satellite passive investment approach. The core of the portfolio will target low cost, market capitalization weighted domestic fixed income ETFs. The satellite portion of the portfolio will target alternative fixed-income indices or actively managed fixed income strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include international or emerging market bonds (both sovereign and corporates that may be denominated in local or domestic currency), short-term domestic and global high yield bonds, senior bank loans, floating rate notes, municipal bonds and others. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular interest rate cycles or have a bias towards taking credit risk in low-interest rate/low default rate environments. 0.7230
ModelxChangeFFCM, LLCFFCM Core Conservative ETF Target Beta Strategy2052Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20520.25000The FFCM Core Conservative ETF Target Beta Strategy aims to provide a targeted beta exposure of 0.3 times the S&P 500 by purchasing a diversified basket of ETFs across various asset classes. The strategie's risk is monitored on a daily basis in order to adjust exposures to maintain the target risk levels in light of market movements. The FFCM Core Conservative ETF Target Beta Strategy targets a beta of 0.30 with an acceptable range of +/-0.04 (0.26 to 0.34). The Model’s beta is monitored daily and reallocates when the model moves out of the acceptable range. The strategy holds a portfolio of ETFs that is over weighted towards U.S. bonds, but also includes global stocks. 0.3997
ModelxChangeFFCM, LLCFFCM Core ETF Absolute Return2002Long/Short Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20020.15000FFCM Core ETF Absolute Return Strategy is an ETF managed portfolio that aims to provide a low volatility absolute return that exhibits low correlation to the equity and fixed income markets. The strategy uses a multi-factor approach by investing in factor based market neutral and long only ETFs, combined with fixed income ETFs to create an absolute return in all market environments. The strategy goal is for consistent 5 -7% annualized returns with 4 – 6% annual volatility. The FFCM Core Absolute Return Strategy utilizes factors as the key drivers of investment returns, and blending with traditional long only exposures, into a comprehensive alternative strategy. The strategy also uses Aggregate and short term treasury ETFs as an allocation to as market risk increases. All positions will be in ETFs listed on major U.S. stock exchanges. 0.7010
ModelxChangeFFCM, LLCFFCM Core Growth ETF Target Beta Strategy2054Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20540.25000The FFCM Core Growth ETF Target Beta Strategy aims to provide a targeted beta exposure of 0.7 times the S&P 500 by purchasing a diversified basket of ETFs across various asset classes. The strategie's risk is monitored on a daily basis in order to adjust exposures to maintain the target risk levels in light of market movements. The FFCM Core Growth ETF Target Beta Strategy targets a beta of 0.7 with an acceptable range of (0.63 to 0.74). The Model’s beta is monitored daily and reallocates when the model moves out of the acceptable range. The strategy holds a portfolio of ETFs that is over weighted towards U.S. bonds, but also includes global stocks. 0.3910
ModelxChangeFFCM, LLCFFCM Core Moderate ETF Target Beta Strategy2053Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20530.25000The FFCM Core Conservative ETF Target Beta Strategy aims to provide a targeted beta exposure of 0.5 times the S&P 500 by purchasing a diversified basket of ETFs across various asset classes. The strategie's risk is monitored on a daily basis in order to adjust exposures to maintain the target risk levels in light of market movements. The FFCM Core Conservative ETF Target Beta Strategy targets a beta of 0.50 with an acceptable range of +/-0.04 (0.43 to 0.54). The Model’s beta is monitored daily and reallocates when the model moves out of the acceptable range. The strategy holds a portfolio of ETFs that is over weighted towards U.S. bonds, but also includes global stocks. 0.3986
ModelxChangeFFCM, LLCFFCM Dynamic ETF Sector Rotation2001Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20010.40000FFCM Dynamic U.S. Sector Rotation Strategy is an ETF managed portfolio that aims for superior performance versus the S&P 500, by providing diversified exposure to all 10 U.S. equity sectors, incorporating a hedging strategy to de-risk the portfolio, and moving to cash in times of high market risk to preserve capital. The FFCM Dynamic U.S. Sector Rotation Strategy introduces Factor Exposure, to a traditional Sector Rotation Strategy. Factor ranking within sectors allows the strategy to access well known equity risk premia such as Value, Momentum and Size, and to position the core portfolio to outperform S&P 500 during times of low or normal market volatility. The strategy will introduce a portfolio hedge during the initial stages of increasing risk and then move to cash as risk reaches more extreme levels. All positions will be in ETFs listed on major U.S. stock exchanges. 0.5200
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - Conservative (A)585Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5850.00000For the conservative investor. The portfolio's target allocation is 15% equity, 65% fixed income and 20% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.3005
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - Growth (E)6/30/2015 12:00:00 AM587Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5870.00000For the growth-oriented investor The portfolio's target allocation is 70% equity and 30% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, and alternative asset classes. 0.3302
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - Moderate (C)586Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5860.00000For the moderate investor. The portfolio's target allocation is 45% equity, 30% fixed income and 25% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.3027
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - Moderate Growth (D)6/30/2015 12:00:00 AM657Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6570.00000For the moderate growth oriented investor. The portfolio's target allocation is 60% equity, 15% fixed income and 25% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.2912
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - Moderately Conservative (B)656Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6560.00000For the moderately conservative investor. The portfolio's target allocation is 30% equity, 50% fixed income and 20% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.3162
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Blended Bull/Calendar1952Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19520.50000Primary: Seeks long term growth of capital by investing in high ranked equity classes during bull markets. Secondary: Seeks to reduce volatility during a bear markets by utilizing risk control measures. We analyze a number of technical indicators to determine if the equity market is in a bull or bear market. During a bull market as measured by our bull-bear indicator, we will be fully invested in equity holdings. After the determination that the equity market is in a bull market, we then evaluate numerous equity classes and select the ones that are ranked highly, relative to other equity classes and invest in them for that quarter. During a continued bull market we examine the relative strength of numerous equity classes and reallocate the holdings on a quarterly basis. We evaluate the bull-bear indicator weekly to assess if we are to maintain our equity exposure or if the market has entered a bear market and risk control measures should be taken instead. We utilize an active approach to manage risk. We employ numerous strategies to evaluate and determine on a weekly basis if the market has entered a bear market. Specifically, when the bull-bear indicator determines that the equity market has entered a bear market we reallocate the equity positions into cash and bond holdings and then examine calendar dates that coincide with the current bear market to determine what dates have historically been profitable to invest in. Generally, there are a total of 12-14 identified periods per year, which typically range from 6-8 market days long that have historically been characterized with the highest probability of profitable. During these identified periods we will invest in the equity market, which comes out to approximately 28% of the bear market period. 0.6284
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Momentum - High Equity1954Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19540.50000Primary: Seeks long term growth of capital by investing in high ranked Global Equity Classes. Secondary: Seeks to reduce volatility during bear markets by decreasing equity exposure and increasing cash and bond positions. We employ a maximum/minimum investment allocation to equities that is dependent an investor’s risk profile and on market trends. The maximum amount allocated towards equities is dependent on the model; low exposure - 30%, medium exposure - 60% or high exposure - 90% and the model is predetermined based on risk profile, financial goals or discussions with an investment advisor. Technical trending strategies are used to evaluate and determine if the maximum or the minimum allocation in equities should be invested for that quarter. After the determination to invest in equity positions has been made, we then select highly-ranked asset classes to invest in and be held for that quarter. The following quarter we reevaluate the technical trend of the equity markets to determine if the maximum or the minimum equity exposure should be taken. We utilize an active approach to manage risk. We employ technical trending strategies to evaluate and determine on a quarterly basis if the portfolio will invest the maximum or the minimum equity exposure for that quarter. If our technical analysis determines that we are to minimize risk then the minimum equity allocation will be employed for that quarter; low exposure -10%, medium exposure -20% or high exposure -30%. During the low equity quarters we will have a high percentage of investments in more conservative cash and bond positions. We will reevaluate the trend for the coming quarter to determine if we should invest the maximum or the minimum amount in the equity market. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets due to our minimize equity and maximum bond allocation during these times. Bond positions historically have lower volatility and higher dividend payouts than equity holdings.0.6235
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Momentum - Low Equity1956Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19560.50000Primary: Seeks long term growth of capital by investing in high ranked Global Equity Classes. Secondary: Seeks to reduce volatility during bear markets by decreasing equity exposure and increasing cash and bond positions. We employ a maximum/minimum investment allocation to equities that is dependent an investor’s risk profile and on market trends. The maximum amount allocated towards equities is dependent on the model; low exposure - 30%, medium exposure - 60% or high exposure - 90% and the model is predetermined based on risk profile, financial goals or discussions with an investment advisor. Technical trending strategies are used to evaluate and determine if the maximum or the minimum allocation in equities should be invested for that quarter. After the determination to invest in equity positions has been made, we then select highly-ranked asset classes to invest in and be held for that quarter. The following quarter we reevaluate the technical trend of the equity markets to determine if the maximum or the minimum equity exposure should be taken. We utilize an active approach to manage risk. We employ technical trending strategies to evaluate and determine on a quarterly basis if the portfolio will invest the maximum or the minimum equity exposure for that quarter. If our technical analysis determines that we are to minimize risk then the minimum equity allocation will be employed for that quarter; low exposure -10%, medium exposure -20% or high exposure -30%. During the low equity quarters we will have a high percentage of investments in more conservative cash and bond positions. We will reevaluate the trend for the coming quarter to determine if we should invest the maximum or the minimum amount in the equity market. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets due to our minimize equity and maximum bond allocation during these times. Bond positions historically have lower volatility and higher dividend payouts than equity holdings. 0.5945
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Momentum - Medium Equity1955Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19550.50000Primary: Seeks long term growth of capital by investing in high ranked Global Equity Classes. Secondary: Seeks to reduce volatility during bear markets by decreasing equity exposure and increasing cash and bond positions. We employ a maximum/minimum investment allocation to equities that is dependent an investor’s risk profile and on market trends. The maximum amount allocated towards equities is dependent on the model; low exposure - 30%, medium exposure - 60% or high exposure - 90% and the model is predetermined based on risk profile, financial goals or discussions with an investment advisor. Technical trending strategies are used to evaluate and determine if the maximum or the minimum allocation in equities should be invested for that quarter. After the determination to invest in equity positions has been made, we then select highly-ranked asset classes to invest in and be held for that quarter. The following quarter we reevaluate the technical trend of the equity markets to determine if the maximum or the minimum equity exposure should be taken. We utilize an active approach to manage risk. We employ technical trending strategies to evaluate and determine on a quarterly basis if the portfolio will invest the maximum or the minimum equity exposure for that quarter. If our technical analysis determines that we are to minimize risk then the minimum equity allocation will be employed for that quarter; low exposure -10%, medium exposure -20% or high exposure -30%. During the low equity quarters we will have a high percentage of investments in more conservative cash and bond positions. We will reevaluate the trend for the coming quarter to determine if we should invest the maximum or the minimum amount in the equity market. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets due to our minimize equity and maximum bond allocation during these times. Bond positions historically have lower volatility and higher dividend payouts than equity holdings. 0.6090
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Reduced Volatility Bull-Bear1945Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19450.50000Primary: Seeks long term growth of capital by investing in high ranked equity classes during bull markets. Secondary: Seeks to reduce volatility during bear markets by having no equity positions and being fully invested in cash and bond positions We analyze a number of technical indicators to determine if the equity market is in a bull or bear market. During a bull market as measured by our bull-bear indicator, we will be fully invested in equity holdings. After the determination that the equity market is in a bull market, we then evaluate numerous equity classes and select the ones that are ranked highly, relative to other equity classes and invest in them for that quarter. During a continued bull market we examine the relative strength of numerous equity classes and reallocate the holdings on a quarterly basis. We evaluate the bull-bear indicator weekly to assess if we should maintain our equity exposure or if the market has entered a bear market and we should take risk control measures. We utilize an active approach to manage risk. We employ numerous trending strategies, referred to as the bull-bear indicator, to evaluate and determine on a weekly basis if the market has entered a bear market. When the bull-bear indicator determines that the equity market has entered a bear market we then reallocate the equity positions into cash and bond holdings. We examine the bull-bear indicator throughout the quarter to determine if we are to maintain a defensive position by investing in cash and bonds. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets by removing equity allocation and maximizing bond allocation during bear markets. Bond positions historically have lower volatility and higher dividend payouts than equity holdings.0.6284
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Sector Rotation1940Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19400.50000Primary: Seeks long term growth of capital by investing in high ranked U.S. Equity Sectors of the market. Secondary: Seeks to reduce volatility during bear markets by investing in cash and bond sectors. Harvest Investment Services, employs a risk on/risk off strategy. Quarterly technical trending strategies are used to evaluate and to determine if the portfolio will invest in equity positions for that quarter. After the determination to invest in equity positions for that quarter has been made, we then select highly-ranked U.S. equity sectors for that month. The following month we reevaluate the relative strength of the U.S. equity sectors and determine which highly ranked U.S. equity sectors should be invested in. We evaluate the relative strength of the different sectors of the market each month for that quarter and invest accordingly. This type of investing is typically characterized as momentum investing. 0.9500
ModelxChangeHays Advisory LLCHays Advisory - TMAC (Tactical Multi-Asset Class) ETF1942Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19420.50000The objective is to participate in global market returns while attempting to avoid major losses. The priority is capital preservation and secondarily achieve capital appreciation. Our process is very simple. We invest in the fastest growing, least expensive areas of global markets in 5 specific asset classes - US Equities, International Equities, US Treasuries, REIT's and Commodities. When something we have invested in ceases to be inexpensive or fast growing, we remove it from the portfolio. We will move to cash in part or entirely by asset class when our proprietary risk management tools indicate the likelihood of an extended downside market/asset class event. We use ETF's to minimize expense and capture a diversified portion of an asset class or market. We do not short or use leverage.0.8913
ModelxChangeHays Advisory LLCHays Advisory - TMAC EF (Tactical Multi-Asset Class Equity Focused) ETF1943Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19430.50000The objective is to participate in global market returns while attempting to avoid major losses. The priority is capital preservation and secondarily achieve capital appreciation. Our process is very simple. We invest in the fastest growing, least expensive areas of global markets in 5 specific asset classes - US Equities, International Equities, US Treasuries, REIT's and Commodities. When something we have invested in ceases to be inexpensive or fast growing, we remove it from the portfolio. We will move to cash in part or entirely by asset class when our proprietary risk management tools indicate the likelihood of an extended downside market/asset class event. We use ETF's to minimize expense and capture a diversified portion of an asset class or market. We do not short or use leverage. 0.9740
ModelxChangeHedgeableDynamic Aggressive ETF1617Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16170.50000Strategy attempts to significantly reduce max drawdown, beta, volatility, and correlation versus a similar Buy and Hold portfolio. Dynamically managed diversified ETF strategy corresponding to an investor that intends to retire in 25+ years. Utilizes Hedgeable's proprietary Dynamic Advisor technology with core strategic holdings consisting of U.S. Equity, International Equity, Emerging Equity, Commodities, Real Estate, and Inflation Protection.0.6850
ModelxChangeHedgeableDynamic Conservative ETF6/30/2015 12:00:00 AM-0.05992.10265.79907.2041-0.05997.15007.98594.996711.059010.86033.843.991.481.761614Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16140.50000Strategy attempts to significantly reduce max drawdown, beta, volatility, and correlation versus a similar Buy and Hold portfolio. Dynamically managed diversified ETF strategy corresponding to an investor that intends to retire in the next 5 years, or is currently retired. Core strategic holdings consist of Diversified Fixed Income and U.S. Equity ETFs.0.6008
ModelxChangeHedgeableDynamic Fixed Income ETF1624Long-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16240.50000Strategy attempts to significantly reduce max drawdown, beta, volatility, and correlation versus a similar Buy and Hold portfolio. Dynamically managed long-term Fixed Income ETF strategy. Core strategic holdings consist of Treasury, Investment-Grade Corporate Bond, High-Yield Bond, Emerging Market Bond, and diversified Fixed Income ETFs. 0.6680
ModelxChangeHedgeableDynamic Moderate ETF6/30/2015 12:00:00 AM0.9382-0.10185.83006.52850.93823.84258.70514.61157.679610.82724.524.671.271.371615Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16150.50000Strategy attempts to significantly reduce max drawdown, beta, volatility, and correlation versus a similar Buy and Hold portfolio. Dynamically managed diversified ETF strategy corresponding to an investor that intends to retire in the next 5-15 years. Core strategic holdings consist of Diversified Fixed Income, U.S. Equity, International Equity, and Inflation Protection.0.6574
ModelxChangeHedgeableDynamic Moderate-Aggressive ETF1616Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16160.50000Strategy attempts to significantly reduce max drawdown, beta, volatility, and correlation versus a similar Buy and Hold portfolio. Dynamically managed diversified ETF strategy corresponding to an investor that intends to retire in the next 15-25 years. Core strategic holdings consist of Diversified Fixed Income, U.S. Equity, International Equity, Emerging Equity, and Inflation Protection.0.6538
ModelxChangeHedgeableDynamic Municipal Bond ETF1625Muni National Longhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16250.50000Strategy attempts to significantly reduce max drawdown, beta, volatility, and correlation versus a similar Buy and Hold portfolio. Dynamically managed Municpal Bond ETF strategy. Core strategic holdings consist of long-term U.S. Non-Taxable Bond ETFs. 0.7586
ModelxChangeHedgeableDynamic U.S. Equity ETF6/30/2015 12:00:00 AM0.85118.763116.636214.08930.851112.502231.256910.56203.705913.06127.88.662.021.571618Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16180.50000Strategy attempts to significantly reduce max drawdown, beta, volatility, and correlation versus a similar Buy and Hold portfolio. Dynamically managed U.S. Equity ETF strategy. Core strategic holdings consist of ETFs that represent the largest and most tracked U.S. indices. 0.6534
ModelxChangeHedgeableTactical All-Asset ETF6/30/2015 12:00:00 AM2.00614.50909.45346.48492.00616.447217.32277.2722-3.19345.22946.48.491.440.781623Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16230.50000Strategy attempts to provide Alpha against Hedgeable's Foreign Stock Blended Index over the long-term. It targets a lower beta, volatility, max drawdown, and correlation versus the benchmark than a typical all-asset strategy. Tactically managed ETF strategy. Holdings are tactically shifted among a diversified pool of Fixed Income, U.S. Equity, International Equity, Currency, & Commodity ETF securities. The strategy can be 100% invested in a single asset class at any one time. 0.7550
ModelxChangeHedgeableTactical Commodity ETF1619Commodities Broad Baskethttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16190.50000Strategy attempts to provide Alpha against Hedgeable's Foreign Stock Blended Index over the long-term. It targets a lower beta, volatility, max drawdown, and correlation versus the benchmark than a typical international commodity strategy. Tactically managed Commodity ETF strategy. Holdings are tactically shifted among a pool of Commodity ETFs that meet Hedgeable's investability guidelines. 1.2323
ModelxChangeHedgeableTactical International Equity ETF1620World Stockhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16200.50000Strategy attempts to provide Alpha against Hedgeable's Foreign Stock Blended Index over the long-term. It targets a lower beta, volatility, max drawdown, and correlation versus the benchmark than a typical international equity strategy. Tactically managed International Equity ETF strategy. Holdings are tactically shifted among a pool consisting of 35 country-specific ETFs. 0.9586
ModelxChangeHighland Capital Management, LLCHighland Balanced Strategy (ETFs)6/30/2015 12:00:00 AM1.58472.13147.20401.58474.317612.45918.39924.611.52623Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6230.50000The investment objective of the balanced strategy is to provide modest capital appreciation with a well diversified 50/50 mix of stock and bond ETF's. This strategy provides diversification across the equity allocation with exposures to large capitalization companies (25%), mid cap companies (8%), small cap companies (6%), and international (11%). The International allocation includes both developed and emerging markets. In the mid and small capitalization categories diversification by style is also provided with exposure to both growth and value segments of the respective sectors. The 50% of the model invested in fixed income/cash equivalents is also well diversified between short and intermediate sectors of the yield curve, with 12.5% in a 1-3 year corporate bond ETF, and 12.5% invested in an intermediate governemnt/corporate bond ETF. US Treasury securites are also represented at 7.5% in the 7 - 10 year maturity spectrum, and the strategy has a 7.5% exposure to mortgage backed bonds. The strategy also has a 5% exposure to the high yield corporate sector in order to obtain some additional yield for the fixed income segment. The weightings for each asset are subject to a swing of + or - 5% at the discretion of the investment manager to give the manager latitude to respond to changes in the market environment and outlook. 0.6483
ModelxChangeHighland Capital Management, LLCHighland Conservative Strategy (ETFs)6/30/2015 12:00:00 AM0.79161.88464.42210.79164.15086.34805.5223622Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6220.50000The goal of this strategy is to limit loss of principal by utilizing a large fixed income exposure, while also providing a sufficient equity allocation for long term growth to maintain purchasing power over time given rising levels of inflation. This strategy is weighted heavily to fixed income (72.5%) to lower the volatility of returns. The fixed income component is well diversified between US Treasury, corporate, and mortgage backed securities underlying the various ETF's used. The strategy is weighted toward the short and intermediate portions of the yield curve, as our opinion is that investors are not being compensated for the risk in longer maturity bonds due to the current low level of interest rates. The equity allocation of the strategy (27.5%) is diversified across large, mid, and small capitalization ETF's, with a small weight also given to international equity markets. The larger capitalization segment as represented by the S&P 500 is the largest of the equity weights due to its tendency to be less volatile than the mid and small capitalization sectors of the market. The weightings for each asset are subject to a swing of + or - 5% at the discretion of the investment manager to give the manager latitude to respond to changes in the market environment and outlook. 0.6422
ModelxChangeHighland Capital Management, LLCHighland Growth Strategy (ETFs)6/30/2015 12:00:00 AM2.06670.32809.31712.06673.484217.606911.30736.951.31624Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6240.50000The objective of the strategy is capital appreciation through investment in risk assets. The strategy of the model is to be well diversified across domestic equity market capitalizations (large, midcap, small cap) and styles (growth and value), with a broader expsoure to various segments of the international equity markets (developed foreign, emerging markets, Pacific ex Japan, and Brazil, Russia, India, China). To provide for additional exposure to risk assets beyond traditional equity investments, this strategy also has a 4% weighting in real estate through a REIT, as well as a commodity exposure through a commodity ETF. The total equity and risk asset weightings of this strategy total 80%, with the fixed income and cash component representing 20%. The fixed income component is represented by fixed income ETF's with short and intermediate ETF's as well as a 5% weighting in the high yield bond segment. The weightings for each asset are subject to a swing of + or - 5% at the discretion of the investment manager to give the manager latitude to respond to changes in the market environment and outlook. 0.7045
ModelxChangeHighland Capital Management, LLCHighland International Balanced Strategy (ETFs)6/30/2015 12:00:00 AM-0.0515-7.6514-0.0515-3.9354972World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9720.50000The goal of this risked based ETF Model strategy is to provide a balanced exposure to international equity and fixed income markets. The International strategy is a mix of 57.1% International Fixed Income and 42.9% International Equities ETFs. This strategy is appropiate for investors with a long-term horizon and recongnize the highter volatility profile of the international markets. 0.8986
ModelxChangeHighland Capital Management, LLCHighland Tactical Income Strategy (ETFs)6/30/2015 12:00:00 AM-1.5533-2.2613-1.55335.5775790Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7900.50000The model seeks to maximize income while maintaining prospects for capital appreciation through equity ETF exposure. The model invests in income oriented ETFs, including equity and debt securities, from both domestic and international markets. The Tactical Income model's goal is to capture income from many non-correlated markets with minimal concentration in any one particular area. The models will tactically shift capital based on sound risk/reward characteristics. Even the safest perceived fixed income investments pose potential risk in today's low interest rate environment. These investments may not provide enough yield and could incur losses if interest rates rise in a recovering economy. 0.8239
ModelxChangeHighland Capital Management, LLCHighland Ultra Aggressive Strategy (ETFs)6/30/2015 12:00:00 AM4.08860.33374.0886973World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9730.50000The goal of the Ultra Aggressive strategy is 100% capital appreciation by investing in Domestic and International equities, Real Estate, and Commodities ETFs. Ultra Aggressive strategy is a long-term capital appreciation model. The strategy consists of a weighting of 100% in domestic and international equities, real estate, and commodities ETFs. This strategy is appropriate for participants with a long-term time horizon who are willing to accept the volitility and risk of the equity markets. This strategy does not include fixed income which has historically produced less volatility compared to equity investments. 0.6718
ModelxChangeHighland Capital Management, LLCHighland Ultra Conservative Strategy (ETFs)6/30/2015 12:00:00 AM0.03530.58220.03532.1276971Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9710.50000The goal of this strategy is to limit loss of principal by utilizing 100% fixed income ETF exposure. This strategy is 100% weighted to fixed income to lower the volatility of returns. The fixed income component is well diversified between US Treasury, corporate, and mortgage backed securities underlying the various ETF's used. The strategy is weighted toward the short and intermediate portions of the yield curve. The vast majority of the fixed income exposure will focus on intermediate and short dated securities which have less duration risk. In a declining interest rate enviroment this strategy will underperform. Conversely, this strategy will attempt to protect capital in a rising interest rate environment. The weightings for each asset are subject to a swing of + or - 5% at the discretion of the investment manager to give the manager latitude to respond to changes in the market environment and outlook. 0.6479
ModelxChangeHighland Capital Management, LLCHighland US Focused Equity Strategy (ETFs)6/30/2015 12:00:00 AM1.49165.64361.491610.74671135Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11350.50000The objective of the strategy is capital appreciation through investment in risk assets. The strategy of the US Focused Equity model is capital appreciation by investing in US linked securities. Additionally, Highland Capital will overweight sectors based on fundamental/macro research conducted at Highland Capital. 0.5818
ModelxChangeHorizon Investments, LLCHorizon ETF Conservation Plus6/30/2015 12:00:00 AM-0.29111.16774.38855.8787-0.29115.41085.32754.20498.47409.28532.762.821.552.0251Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL510.50000This portfolio seeks current income over a market cycle. Suitable for investors with a low tolerance for fluctuation in principal and who seek some independence from maket volatility. This portfolio seeks an equity-debt ratio of 20% equity to 80% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following the principles of Active Asset Allocation, we seek to overweight, underweight, and avoid trends in the global capital markets. In other words, we seek to capitalize on market leadership and to avoid market laggards. In contrast to traditional static models, our active asset allocation portfolio re-balances and re-allocates its portfolio based on the ever-changing market cycle. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation but moves beyond the idea that diversification decisions can be based on historical long-term market averages. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.8293
ModelxChangeHorizon Investments, LLCHorizon ETF Conservative6/30/2015 12:00:00 AM0.00081.88886.34037.71180.00085.82519.84986.22075.801611.95643.654.371.691.7150Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL500.50000This portfolio seeks modest growth and income over market cycles. This diversified portfolio seeks to achieve its stated goal of capital preservation through holdings in both debt and equity vehicles. This portfolio seeks an equity-debt ratio of 40% equity to 60% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following the principles of Active Asset Allocation, we seek to overweight, underweight, and avoid trends in the global capital markets. In other words, we seek to capitalize on market leadership and to avoid market laggards. In contrast to traditional static models, our active asset allocation portfolio re-balances and re-allocates its portfolio based on the ever-changing market cycle. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation but moves beyond the idea that diversification decisions can be based on historical long-term market averages. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.7960
ModelxChangeHorizon Investments, LLCHorizon ETF Focused6/30/2015 12:00:00 AM0.82804.557813.134414.41570.82807.527527.295510.91702.635317.89437.9411.551.591.2246Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL460.50000This portfolio seeks capital appreciation in any market cycle. This diversified portfolio utilizes a variety of equity strategies for the aggressive investor. This portfolio seeks an equity-debt ratio of 100% equity to 0% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following the principles of Active Asset Allocation, we seek to overweight, underweight, and avoid trends in the global capital markets. In other words, we seek to capitalize on market leadership and to avoid market laggards. In contrast to traditional static models, our active asset allocation portfolio re-balances and re-allocates its portfolio based on the ever-changing market cycle. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation but moves beyond the idea that diversification decisions can be based on historical long-term market averages. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.6961
ModelxChangeHorizon Investments, LLCHorizon ETF Focused with Risk Assist6/30/2015 12:00:00 AM0.77473.245412.531811.48430.77475.815927.72094.9299-2.622115.74907.989.791.521.1652Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL520.60000This portfolio seeks capital appreciation in any market cycle and seeks to limit downside through an active risk control strategy in falling markets. This portfolio seeks an equity-debt ratio of 100% equity to 0% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following these principles, we may be overweighted, underweighted in a particular investment in an attempt to take advantage of trends in the global capital markets. Additionally, in Risk Assisted allocations, we employ an additional layer of Active Asset Allocation decisions which seeks to mitigate losses in down markets in exchange for reduced potential capital appreciation in some market cycles. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation, but moves beyond the idea that diversification decisions can be based on historical long-term market averages. Our Risk Assist strategy further builds on the idea that diversification alone may be an insufficient risk management technique in some markets. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.7961
ModelxChangeHorizon Investments, LLCHorizon ETF Growth6/30/2015 12:00:00 AM0.60673.847110.919112.37320.60676.854322.94808.62632.924116.41256.859.51.541.2747Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL470.50000This portfolio seeks growth over a market cycle. This diversified portfolio seeks to achieve its stated goal through overweighting market leaders during sustained periods of market growth. This portfolio seeks an equity-debt ratio of 85% equity to 15% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following the principles of Active Asset Allocation, we seek to overweight, underweight, and avoid trends in the global capital markets. In other words, we seek to capitalize on market leadership and to avoid market laggards. In contrast to traditional static models, our active asset allocation portfolio re-balances and re-allocates its portfolio based on the ever-changing market cycle. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation but moves beyond the idea that diversification decisions can be based on historical long-term market averages. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.7211
ModelxChangeHorizon Investments, LLCHorizon ETF Growth with Risk Assist6/30/2015 12:00:00 AM0.52604.329011.428711.16270.52607.575722.72506.1466-0.616716.37786.878.321.611.3153Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL530.60000This portfolio seeks growth over a market cycle and seeks to limit downside through an active risk control strategy in falling markets. This portfolio seeks an equity-debt ratio of 85% equity to 15% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following these principles, we may be overweighted, underweighted in a particular investment in an attempt to take advantage of trends in the global capital markets. Additionally, in Risk Assisted allocations, we employ an additional layer of Active Asset Allocation decisions which seeks to mitigate losses in down markets in exchange for reduced potential capital appreciation in some market cycles. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation, but moves beyond the idea that diversification decisions can be based on historical long-term market averages. Our Risk Assist strategy further builds on the idea that diversification alone may be an insufficient risk management technique in some markets. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.8211
ModelxChangeHorizon Investments, LLCHorizon ETF Moderate6/30/2015 12:00:00 AM0.37143.09288.71548.59920.37146.375315.68916.02958.47409.28535.244.81.621.7448Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL480.50000This portfolio seeks growth and income over a market cycle. This diversified portfolio seeks to achieve its goal through consistent holdings in both debt and equity vehicles. This portfolio seeks an equity-debt ratio of 65% equity to 35% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following the principles of Active Asset Allocation, we seek to overweight, underweight, and avoid trends in the global capital markets. In other words, we seek to capitalize on market leadership and to avoid market laggards. In contrast to traditional static models, our active asset allocation portfolio re-balances and re-allocates its portfolio based on the ever-changing market cycle. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation but moves beyond the idea that diversification decisions can be based on historical long-term market averages. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.7544
ModelxChangeHorizon Investments, LLCHorizon ETF Moderate with Risk Assist6/30/2015 12:00:00 AM0.24842.84639.136810.39250.24846.611717.22675.32626.652814.29115.376.061.651.6654Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL540.60000This portfolio seeks growth and income over a market cycle and seeks to limit downside through an active risk control strategy in falling markets. This portfolio seeks an equity-debt ratio of 65% equity to 35% debt. However, there may be times where the ratios will be adjusted due to market conditions. Horizon intends to invest in a similar investment profile as represented in this review; however, there may be times where there is a material difference in the client experience based on the set of funds used due to the third party administrator and or custodian constraints. The foundation for our management technique is Active Asset Allocation. Following these principles, we may be overweighted, underweighted in a particular investment in an attempt to take advantage of trends in the global capital markets. Additionally, in Risk Assisted allocations, we employ an additional layer of Active Asset Allocation decisions which seeks to mitigate losses in down markets in exchange for reduced potential capital appreciation in some market cycles. The Active Asset Allocation model builds on the academic foundation of traditional asset allocation, but moves beyond the idea that diversification decisions can be based on historical long-term market averages. Our Risk Assist strategy further builds on the idea that diversification alone may be an insufficient risk management technique in some markets. We believe that the markets are dynamic and our disciplined approach needs to be prepared to manage whatever environment we are facing.0.8544
ModelxChangeHoward Capital Management, Inc.All American Aggressive6/30/2015 12:00:00 AM0.64110.19460.64118.84422150Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21500.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets. 0.25002.5755
ModelxChangeHoward Capital Management, Inc.All American Balanced6/30/2015 12:00:00 AM0.97012.01460.970111.16712148Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21480.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets. 0.25000.02252.3525
ModelxChangeHoward Capital Management, Inc.All American Conservative6/30/2015 12:00:00 AM1.14862.82811.148612.11632010Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20100.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.25000.05252.1500
ModelxChangeHoward Capital Management, Inc.All American Growth6/30/2015 12:00:00 AM0.85801.30140.858010.25492149Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21490.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets. 0.25000.02252.4540
ModelxChangeHoward Capital Management, Inc.All American Income6/30/2015 12:00:00 AM2009Retirement Incomehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20090.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.25000.09001.9320
ModelxChangeHoward Capital Management, Inc.HCM ALP Balanced6/30/2015 12:00:00 AM4.64783.974012.79108.12534.64789.032018.61579.4198-4.31756.81257.668.091.6112007Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20070.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.18752.1213
ModelxChangeHoward Capital Management, Inc.HCM ALP Conservative6/30/2015 12:00:00 AM3.55573.605110.53977.51603.55578.648013.32519.4724-0.51646.94796.66.551.551.132008Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20080.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.21252.0728
ModelxChangeHoward Capital Management, Inc.HCM ALP Growth6/30/2015 12:00:00 AM4.73093.429514.62498.29464.73099.438723.81019.4328-8.72856.57368.810.031.60.841936Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19360.60000This program typically seeks to participate in all markets and sectors by investing the portfolio in sectors the PSR methodology indicates have potential to outperform, and protect assets during adverse market conditions through application of the HCM-BuyLine®. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.16502.1527
ModelxChangeHoward Capital Management, Inc.Horizon Bond6/30/2015 12:00:00 AM2.29724.00797.89726.93562.297210.69014.91289.40265.39276.93485.885.811.321.182151Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21510.60000This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. Multiple indicators are monitored to identify developing trends in the markets. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds). 0.25000.07501.4350
ModelxChangeInterServ, LLC2011-2020 Aggressive Portfolio-A6/30/2015 12:00:00 AM2.41483.813510.660911.34542.41486.855116.121713.67551.586916.63675.988.781.721.27155Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1550.30000The 2011-2020 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2011-2020. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25200.14550.9888
ModelxChangeInterServ, LLC2011-2020 Aggressive Portfolio-Institutional6/30/2015 12:00:00 AM2.17583.362410.314111.22862.17586.448315.548813.84770.617317.10936.099.441.641.1790Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL900.30000The 2011-2020 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2011-2020. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05110.5538
ModelxChangeInterServ, LLC2011-2020 Conservative Portfolio-A6/30/2015 12:00:00 AM0.47090.85153.92595.07090.47094.47473.24997.20004.57918.4185153Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1530.30000The 2011-2020 Conservative KMAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2011-2020. In general, the appropriate plan participant for this portfolio is one looking for preservation of capital, is less willing to assume large fluctuations in the financial markets, and may need to access their retirement funds at, or soon after, retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.26040.18871.1146
ModelxChangeInterServ, LLC2011-2020 Conservative Portfolio-Institutional6/30/2015 12:00:00 AM0.64811.43534.39105.34970.64814.90804.19896.94363.72448.55822.743.491.571.588Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL880.30000The 2011-2020 Conservative KMAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2011-2020. In general, the appropriate plan participant for this portfolio is one looking for preservation of capital, is less willing to assume large fluctuations in the financial markets, and may need to access their retirement funds at, or soon after, retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.04530.6774
ModelxChangeInterServ, LLC2011-2020 Moderate Portfolio-A6/30/2015 12:00:00 AM1.56802.71617.33068.11651.56806.25239.32559.92213.892911.41714.285.481.671.45154Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1540.30000The 2011-2020 Moderate MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2011-2020. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.24890.16011.0544
ModelxChangeInterServ, LLC2011-2020 Moderate Portfolio-Institutional6/30/2015 12:00:00 AM1.30972.42666.95627.21201.30976.13078.091710.1272-1.428012.65544.425.781.541.2389Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL890.30000The 2011-2020 Moderate MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2011-2020. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.04600.6029
ModelxChangeInterServ, LLC2021-2030 Aggressive Portfolio-A6/30/2015 12:00:00 AM1.84353.590211.360611.95111.84356.977718.261814.67580.310117.48276.579.891.671.19158Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1580.30000The 2021-2030 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2021-2030. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25080.12320.9476
ModelxChangeInterServ, LLC2021-2030 Aggressive Portfolio-Institutional6/30/2015 12:00:00 AM2.04043.842811.352811.86482.04047.550816.915114.1804-0.602817.93986.7610.531.621.1293Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL930.30000The 2021-2030 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2021-2030. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.04860.5244
ModelxChangeInterServ, LLC2021-2030 Conservative Portfolio-A6/30/2015 12:00:00 AM0.87851.41694.58685.66970.87854.88334.18157.74564.32759.0386156Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1560.30000The 2021-2030 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2021-2030. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25830.17991.1058
ModelxChangeInterServ, LLC2021-2030 Conservative Portfolio-Institutional6/30/2015 12:00:00 AM0.91961.74024.72965.81420.91965.53984.05137.31293.42939.53933.44.311.371.3291Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL910.30000The 2021-2030 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2021-2030. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.04540.6433
ModelxChangeInterServ, LLC2021-2030 Moderate Portfolio-A6/30/2015 12:00:00 AM1.85713.48599.10109.94651.85717.044412.823311.59283.228313.98295.327.111.661.37157Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1570.30000The 2021-2030 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2021-2030. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25330.15151.0039
ModelxChangeInterServ, LLC2021-2030 Moderate Portfolio-Institutional6/30/2015 12:00:00 AM1.77853.22418.43108.55351.77856.852210.394212.0482-2.939514.85075.337.511.541.1392Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL920.30000The 2021-2030 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2021-2030. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range.0.04880.5653
ModelxChangeInterServ, LLC2031-2040 Aggressive Portfolio-A6/30/2015 12:00:00 AM2.37134.180512.537512.82962.37137.534520.334515.4504-0.709318.28457.5811.031.61.15161Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1610.30000The 2031-2040 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2031-2040. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.24910.13250.9512
ModelxChangeInterServ, LLC2031-2040 Aggressive Portfolio-Institutional6/30/2015 12:00:00 AM2.57944.213212.778412.89062.57947.659520.307414.7871-1.349818.6966811.751.541.0996Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL960.30000The 2031-2040 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2031-2040. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05370.4939
ModelxChangeInterServ, LLC2031-2040 Conservative Portfolio-A6/30/2015 12:00:00 AM1.33062.63496.47867.26431.33066.47257.33848.93523.615010.66934.255.031.491.41159Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1590.30000The 2031-2040 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2031-2040. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25490.16461.0484
ModelxChangeInterServ, LLC2031-2040 Conservative Portfolio-Institutional6/30/2015 12:00:00 AM1.38242.41536.18067.22471.38246.11296.20799.43572.644911.37404.235.721.431.2494Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL940.30000The 2031-2040 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2031-2040. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.04700.5966
ModelxChangeInterServ, LLC2031-2040 Moderate Portfolio-A6/30/2015 12:00:00 AM1.97213.736910.336211.41271.97217.182315.684313.10973.148316.11476.198.491.621.31160Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1600.30000The 2031-2040 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2031-2040. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25100.13750.9685
ModelxChangeInterServ, LLC2031-2040 Moderate Portfolio-Institutional6/30/2015 12:00:00 AM2.02703.763610.175110.83872.02707.348214.204413.4444-0.216616.86226.188.71.61.2295Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL950.30000The 2031-2040 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2031-2040. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.04880.5306
ModelxChangeInterServ, LLC2041-2050 Aggressive Portfolio-A6/30/2015 12:00:00 AM2.65094.316513.441813.52172.65097.267023.003915.8688-1.179718.86257.7811.551.661.16164Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1640.30000The 2041-2050 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2041-2050. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.24860.13330.9515
ModelxChangeInterServ, LLC2041-2050 Aggressive Portfolio-Institutional6/30/2015 12:00:00 AM2.78024.415512.184712.61912.78027.400718.333214.9059-1.695319.19127.6811.961.541.0599Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL990.30000The 2041-2050 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2041-2050. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05760.4890
ModelxChangeInterServ, LLC2041-2050 Conservative Portfolio-A6/30/2015 12:00:00 AM1.60983.42627.82138.46861.60987.35809.180910.60542.861912.24815.326.351.441.31162Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1620.30000The 2041-2050 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2041-2050. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25250.14220.9788
ModelxChangeInterServ, LLC2041-2050 Conservative Portfolio-Institutional6/30/2015 12:00:00 AM1.86183.35887.47938.37591.86187.09528.190310.54121.991712.71775.477.021.341.1897Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL970.30000The 2041-2050 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2041-2050. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05200.5551
ModelxChangeInterServ, LLC2041-2050 Moderate Portfolio-A6/30/2015 12:00:00 AM2.17604.041511.088512.23762.17607.486517.125613.94632.876417.28696.889.381.561.28163Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1630.30000The 2041-2050 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2041-2050. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.24980.13540.9557
ModelxChangeInterServ, LLC2041-2050 Moderate Portfolio-Institutional6/30/2015 12:00:00 AM2.36103.887910.929311.13212.36107.456615.624214.0319-2.136017.59736.949.331.531.1898Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL980.30000The 2041-2050 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2041-2050. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05310.5137
ModelxChangeInterServ, LLC2051-2060 Aggressive Portfolio-A6/30/2015 12:00:00 AM1855Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18550.30000The 2051-2060 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2051-2060. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.24840.13580.9544
ModelxChangeInterServ, LLC2051-2060 Aggressive Portfolio-Institutional6/30/2015 12:00:00 AM5.882315.590415.43738.178327.030816.5024-1.319821.50501358Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13580.30000The 2051-2060 Aggressive MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2051-2060. In general, the appropriate plan participant for this portfolio is one who is willing to assume greater fluctuations in the financial markets during their working years and leading up to retirement, and/or may not ever need to access their retirement funds. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05900.4903
ModelxChangeInterServ, LLC2051-2060 Aggressive Portfolio-R6/30/2015 12:00:00 AM1859Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18590.30000Asset allocation model for participants who plan to retire between the years 2051 and 2060 and have an aggressive risk tolerance.0.49940.19181.5006
ModelxChangeInterServ, LLC2051-2060 Conservative Portfolio-A6/30/2015 12:00:00 AM1853Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18530.30000The 2051-2060 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2051-2060. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.25170.13940.9718
ModelxChangeInterServ, LLC2051-2060 Conservative Portfolio-Institutional1356Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13560.30000The 2051-2060 Conservative MAP is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2051-2060. In general, the appropriate plan participant for this portfolio is one who is less willing to assume large fluctuations in the financial markets during their working years, upon retirement is looking for preservation of capital, and/or may need to access their retirement funds at, or soon after, retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05100.5431
ModelxChangeInterServ, LLC2051-2060 Conservative Portfolio-R6/30/2015 12:00:00 AM1857Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18570.30000Asset allocation model for participants who plan to retire between the years 2051 and 2060 and have a conservative risk tolerance.0.49960.19721.4868
ModelxChangeInterServ, LLC2051-2060 Moderate Portfolio-A6/30/2015 12:00:00 AM1854Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18540.30000The 2051-2060 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2051-2060. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. The underlying investment options for this series consist of share classes that pay a 12b-1 fee. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.24930.13220.9509
ModelxChangeInterServ, LLC2051-2060 Moderate Portfolio-Institutional6/30/2015 12:00:00 AM2.62684.595014.417114.55772.62688.024225.417315.8900-0.783820.86727.9812.061.731.191357Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13570.30000The 2051-2060 Moderate MAP is designed to be a comprehensive investment solution for plan participants who plan to retire between the years 2051-2060. In general, the appropriate plan participant for this portfolio is one who is willing to assume moderate fluctuations in the financial markets during their working years and leading up to retirement, and/or may not need to access their retirement funds until years after retirement. InterServ LLC’s Managed Asset Portfolios for 401k plans (KMAPs) utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward looking financial market conditions. InterServ’s process is based on fundamental investment principles to optimize the asset allocation given multiple date ranges and risk based investment profiles. With regular monitoring, the portfolio will be managed to retirement date along a predetermined “Glide Path” and rebalanced on a periodic basis. As a plan participant approaches his or her projected retirement date, InterServ portfolios gradually adjust down a glide path to a more conservative asset allocation. Since plan participants generally need less investment risk as they near retirement, the portfolio will adjust with the passage of time. The InterServ portfolios are managed “to retirement” and will reach their most conservative allocation in the year in the beginning of the initial year in the target date range. 0.05410.4966
ModelxChangeInterServ, LLC2051-2060 Moderate Portfolio-R6/30/2015 12:00:00 AM1858Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18580.30000Asset allocation model for participants who plan to retire between the years 2051 and 2060 and have a moderate risk tolerance.0.49950.19271.4901
ModelxChangeiSectors, LLCiSectors Capital Preservation Allocation6/30/2015 12:00:00 AM0.0133-2.02871.48252.57810.0133-0.81932.11894.96795.59003.97521.611.680.891.49176Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1760.10000The iSectors® Capital Preservation Allocation model has been constructed for investors with a desire for principal stability over a 2-3 year period by creating a portfolio of investments with relatively low volatility. Nominal portfolio yield is a secondary goal of the model. The iSectors Capital Preservation model is intended for investors with short-to-intermediate time horizons. However, performance would be best evaluated over a complete market cycle. The model holds fixed income Exchange-Traded Funds (ETFs), primarily those that invest in short-duration, investment-grade debt instruments. A smaller portion of the assets may be placed in ETFs holding short-term international or high yield instruments within the context of limiting duration to approximately 3 (or less) while maintaining an overall investment grade rating for the entire portfolio. iSectors Capital Preservation model remains 100% allocated to short and intermediate-term fixed income allocations at all times. Diversification does not ensure a profit nor prevent against loss in a declining market. While stability of principal is the primary goal of this portfolio, the secondary objective is to provide current income higher than money market funds or short-term CDs. An investment in the iSectors Capital Preservation Allocation model, as with all iSectors models, is not guaranteed and will fluctuate in value. 0.3852
ModelxChangeiSectors, LLCiSectors Domestic Equity Allocation6/30/2015 12:00:00 AM-0.20975.717114.802515.6555-0.209713.186228.617313.46511.30148.3112.111.711.261442Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14420.15000The objective of iSectors® Domestic Equity Allocation is to provide investors with long-term growth of capital. The portfolio is comprised exclusively of U.S. equity securities. The diversification methodology for the allocation is based upon traditional Modern Portfolio theory through capitalization and style-weighted (Large Cap Growth, Small-Cap Value, etc.) approach, allocating nearly 100% of the portfolio to low-cost, equity index based exchange-traded funds (ETFs). The majority of the portfolio is invested in large-capitalization issues. The portfolio is appropriate for investors with an aggressive risk utility and a long-term time horizon. 0.5210
ModelxChangeiSectors, LLCiSectors Endowment Allocation6/30/2015 12:00:00 AM0.2041-3.15724.56985.48100.20413.16085.64898.2321-3.848612.02376.188.490.750.67187Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1870.30000iSectors® Endowment 60-40 Allocation model is designed with the objective of achieving returns in excess of a simple 60-40 Equity/Fixed Income portfolio (as measured by a composite portfolio of 60% S&P 500 Index and 40% Barclays Aggregate Bond Index) over a complete market cycle, while maintaining a similar or better risk profile. iSectors Endowment models embrace the philosophy pursued by the managers of Endowment portfolios at institutions like Yale and Harvard, which have been aggressively allocating to "alternative investments" such as hedge funds, private equity and real assets for decades. Not only has this enabled their longer-term performance to be superior to their peer group, but also at a reduced risk level. While iSectors Endowment models are not designed to mirror the Yale asset allocation to the fullest extent, significant allocations are made to "alternative investments” in each model of the Endowment Series. iSectors Endowment models offer investors substantial diversification to more than 50, primarily index-based securities, a significant allocation to liquid alternative asset classes, as well as traditional domestic and international equity and fixed income asset classes. While iSectors does allocate to alternative investments, it does not allocate to private partnerships, which are illiquid and only available to accredited investors (investors with a net worth exceeding one million dollars). All iSectors models remain liquid and available to any institutional or individual investor that meets suitability requirements. These unique advantages are achieved by using alternative investments that are available either through an ETF, a mutual fund or other type of registered security. 0.05790.02101.2670
ModelxChangeiSectors, LLCiSectors Global Balanced Allocation6/30/2015 12:00:00 AM-0.1897-1.85997.26488.6154-0.18972.481213.097312.4627-0.113112.60955.838.481.231.01181Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1810.20000The objective of the iSectors Global Balanced Allocation model is to provide for growth of capital and modest income. The portfolio is intended for investors with a moderate risk utility and an intermediate to longer term time horizon. iSectors® Global models are designed to offer turnkey, institutional-quality allocations among traditional asset classes, including domestic, international, and emerging market equity and fixed income securities. These strategic asset allocation models use a Mean Variance Optimization approach to determine the asset allocation. Consideration is given to Black Litterman, resampling and Monte Carlo simulations in the determination of the final portfolio allocations. iSectors Global models implement an index approach intended to reduce active management costs and the correlating drag on investor performance. Utilizing low-cost ETFs, low fees and a more sophisticated asset allocation approach to traditional domestic, international and emerging market equity and fixed-income securities. Approximately 50% of the portfolio is allocated to U.S. and non-U.S. fixed income securities, with the remaining 50% of the portfolio allocated to domestic and international equities. The fixed income portion of the portfolio is diversified using a number of low-cost exchange-traded funds (ETFs). The core of the fixed income portion of the portfolio will typically invest in investment grade, domestic and international government, mortgage-backed, municipal, or corporate bonds with various maturities. The remainder of the fixed income portfolio may be invested in ETFs that hold non-investment grade fixed income securities, high-yield bonds and emerging markets debt instruments in an effort to add diversification and the potential for increased returns. The equity portion of the portfolio is allocated using a diversified basket of domestic and international low-cost equity index-based ETFs. In addition, fundamentally-weighted and dividend focused index ETFs are used in an effort to enhance return and reduce volatility. 0.5625
ModelxChangeiSectors, LLCiSectors Global Conservative Allocation6/30/2015 12:00:00 AM-0.8385-3.59893.74246.2704-0.83850.61315.716310.63753.508010.3989180Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1800.20000The objective of iSectors® Global Conservative Allocation model is to provide current income and offer some potential for capital appreciation. The portfolio is intended for investors with a moderate risk utility and a short to intermediate time horizon. iSectors® Global models are designed to offer turnkey, institutional-quality allocations among traditional asset classes, including domestic, international, and emerging market equity and fixed income securities. These strategic asset allocation models use a Mean Variance Optimization approach to determine the asset allocation. Consideration is given to Black Litterman, resampling and Monte Carlo simulations in the determination of the final portfolio allocations. iSectors Global models implement an index approach intended to reduce active management costs and the correlating drag on investor performance. Utilizing low-cost ETFs, low fees and a more sophisticated asset allocation approach to traditional domestic, international and emerging market equity and fixed-income securities. Approximately 75% of the portfolio is allocated to U.S. and non-U.S. fixed income securities, with the remaining 25% of the portfolio allocated to domestic and international equities. The fixed income portion of the portfolio is diversified using a number of low-cost exchange-traded funds (ETFs). The core of the fixed income portion of the portfolio will typically invest in investment grade, domestic and international government, mortgage-backed, municipal, or corporate bonds with various maturities. The remainder of the fixed income portfolio may be invested in ETFs that hold non-investment grade fixed income securities, high-yield bonds and emerging markets debt instruments in an effort to add diversification and potential for improving returns. The equity portion of the portfolio is allocated using a diversified basket of domestic and international low-cost equity index-based ETFs. In addition, fundamentally-weighted and dividend focused index ETFs are used in an effort to enhance return and reduce volatility. 0.5546
ModelxChangeiSectors, LLCiSectors Global Equity Allocation6/30/2015 12:00:00 AM0.96281.425212.481113.19890.96287.396822.884214.2913-2.259317.09228.5612.531.421.05185Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1850.20000The iSectors Global Equity Allocation model seeks long-term growth of capital. This equity-only portfolio targets a diversified basket of domestic, emerging market, and international equity index, low-cost exchange-traded funds (ETFs). Fundamentally-weighted index ETFs (where the underlying indexes are based on dividends, or other fundamental criteria rather than capitalization-weighted indexes) are also incorporated into the portfolio in an effort to enhance return and reduce volatility. The portfolio is intended for investors with an aggressive risk utility and a long-term time horizon. iSectors® Global models are designed to offer turnkey, institutional-quality allocations among traditional asset classes, including domestic, international, and emerging market equity and fixed income securities. These strategic asset allocation models use a Mean Variance Optimization approach to determine the asset allocation. Consideration is given to Black Litterman, resampling and Monte Carlo simulations in the determination of the final portfolio allocations. iSectors Global models implement an index approach intended to reduce active management costs and the correlating drag on investor performance. Utilizing low-cost ETFs, low fees and a more sophisticated asset allocation approach to traditional domestic, international and emerging market equity and fixed-income securities. The Global Equity portfolio allocated among domestic and international equities using a diversified basket of domestic and international low-cost equity index-based ETFs. In addition, fundamentally-weighted and dividend focused index ETFs are used in an effort to enhance return and reduce volatility. 0.5778
ModelxChangeiSectors, LLCiSectors Global Fixed Income Allocation6/30/2015 12:00:00 AM-1.5644-5.3699-0.71632.2458-1.5644-1.6063-2.50996.32867.00015.85193.784.18-0.180.54186Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1860.20000The iSectors® Global Fixed Income Allocation model seeks to provide investors with current income through a portfolio of U.S. and non- U.S. fixed income securities. This model is intended for investors with a conservative risk utility and shorter-term time horizons. iSectors® Global models are designed to offer turnkey, institutional-quality allocations among traditional asset classes, including domestic, international, and emerging market equity and fixed income securities. These strategic asset allocation models use a Mean Variance Optimization approach to determine the asset allocation. Consideration is given to Black Litterman, resampling and Monte Carlo simulations in the determination of the final portfolio allocations. iSectors Global models implement an index approach intended to reduce active management costs and the correlating drag on investor performance. Utilizing low-cost ETFs, low fees and a more sophisticated asset allocation approach to traditional domestic, international and emerging market equity and fixed-income securities. The Global Fixed Income portfolio is allocated among U.S. and non-U.S. fixed income securities and is diversified using a number of low-cost, exchange-traded funds (ETFs). The core of this portfolio holds will typically invest in investment grade, domestic and international government, mortgage-backed, municipal, and corporate bonds with various maturities. The remainder of the portfolio may be invested in ETFs that hold noninvestment grade fixed income securities, high-yield bonds and emerging markets debt instruments in an effort to add diversification and the potential for increased returns. 0.5473
ModelxChangeiSectors, LLCiSectors Global Growth Allocation6/30/2015 12:00:00 AM0.4333-0.09579.810711.26190.43334.565617.574512.80041.681814.86657.1810.31.341.09183Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1830.20000The objective of the iSectors Global Growth Allocation model is to provide for longer term growth of capital by investing in a diversified portfolio of equity exchange traded funds with an approximate 25% allocation to fixed income ETFs to reduce risk. The portfolio is intended for investors with a long-term time horizon and a somewhat aggressive risk utility who are willing to accept greater volatility in exchange for potentially greater returns. iSectors® Global models are designed to offer turnkey, institutional-quality allocations among traditional asset classes, including domestic, international, and emerging market equity and fixed income securities. These strategic asset allocation models use a Mean Variance Optimization approach to determine the asset allocation. Consideration is given to Black Litterman, resampling and Monte Carlo simulations in the determination of the final portfolio allocations. iSectors Global models implement an index approach intended to reduce active management costs and the correlating drag on investor performance. Utilizing low-cost ETFs, low fees and a more sophisticated asset allocation approach to traditional domestic, international and emerging market equity and fixed-income securities. Approximately 25% of the portfolio is allocated to U.S. and non-U.S. fixed income securities, with the remaining 75% of the portfolio allocated to domestic and international equities. The fixed income portion of the portfolio is diversified using a number of low-cost exchange-traded funds (ETFs). The core of the fixed income portion of the portfolio will typically invest in investment grade, domestic and international government, mortgage-backed, municipal, or corporate bonds with various maturities. The remainder of the fixed income portfolio may be invested in ETFs that hold non-investment grade fixed income securities, high-yield bonds and emerging markets debt instruments in an effort to add diversification and the potential for improving returns . The equity portion of the portfolio is allocated using a diversified basket of domestic and international low-cost equity index-based ETFs. In addition, fundamentally-weighted and dividend focused index ETFs are used in an effort to enhance return and reduce volatility. 0.5704
ModelxChangeiSectors, LLCiSectors Inflation Protection Allocation6/30/2015 12:00:00 AM-1.0013-12.2229-4.23551.3310-1.0013-6.1514-8.09953.61220.903117.35656.939.97-0.60.18190Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1900.30000For an investment portfolio to maintain purchasing power, the investments within that portfolio must earn a rate of return that, net of taxes, at a minimum, keep pace with the rate of inflation. The core philosophy of the iSectors Inflation Protection Allocation model is a diversified optimally allocated portfolio that offers investors the potential to hedge the risks of inflation. The model portfolio is designed to grow rapidly in a high inflationary environment. The iSectors Inflation Protection Allocation model offers investors diversification among approximately 15 primarily index-based securities. The portfolio’s rapid growth, during periods of high inflation, is intended to mitigate the loss of purchasing power suffered by other investments that investors may own in their portfolio. The iSectors Inflation Protection Allocation is a strategic model that intends to hold a diversified portfolio of securities that historically have been resistant to inflationary pressures. Securities holdings within the model may include precious metals, including gold & silver, real estate, commodities, including timber and agricultural & energy, strategic/rare earth minerals, and inflation-protected bonds. iSectors Inflation Protection Allocation model invests in only registered, publicly-traded securities. Whenever possible, iSectors will seek to utilize exchange-traded funds (ETFs) when seeking an allocation to a particular broad-based index or asset class. Open and/or closed-end mutual funds or exchange-traded notes will/may be used when a suitable ETF is not available. The universes of asset classes that have historically shown positive performance during inflationary economic environments are considered for inclusion in this model. Those asset classes may include, but are not limited to, equities, inflation-protected fixed income securities, foreign currencies, various real assets, precious metals and/or commodities. Because the inflationary threat is partially based upon the potential for U.S. dollar devaluation, foreign currency and/or international equity and fixed income investments are part of the investment universe for this model. The iSectors Inflation Protection Allocation model, for the most part, uses a passive asset management approach and is intended to be utilized as a strategic buy-and-hold asset allocation model. The objective is to provide better risk-adjusted returns, through better asset allocation, than can be derived from active management or by only allocating assets among traditional asset classes such as stocks and bonds.1.2595
ModelxChangeiSectors, LLCiSectors Liquid Alternatives Allocation6/30/2015 12:00:00 AM0.5889-4.17841.85462.60800.5889-0.54942.43415.3082-5.492210.05854.97.140.390.39189Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1890.30000The model seeks to capitalize upon market inefficiencies in alternative investments to provide a better return and reduce volatility and portfolio drawdown when compared to a representative index of alternative investment strategies, (measured by the HFRX Global Hedge Fund Index) over a complete market cycle. The iSectors Liquid Alternatives model is not designed to be used as a stand-alone portfolio (as some of the other iSectors models have been), but rather to be utilized by investors as their alternatives allocation within an overall portfolio strategy. By their nature, alternative investments are typically longer-term vehicles. Thus, this model has been designed for investors with long-term investment horizons. This model embraces the philosophy pursued by the managers of endowment portfolios at institutions like Yale and Harvard, by allocating to alternative investments such as hedge funds, private equity and real assets. While this portfolio is not designed to mirror those asset allocations to the fullest extent, this model allocates nearly the entire portfolio to alternative investments. The iSectors Liquid Alternatives Allocation Model has been constructed to provide investors with a portfolio of liquid alternative investments, which we define as registered, publicly-traded securities to any asset class outside of traditional investments such as stocks and bonds. iSectors breaks these down into three broad categories: private equity, hedge strategies, and real assets. Liquid alternative investments are simply alternative investments structured as registered securities. They are still alternative investments. That is, they are hedge funds, private equity and real assets with profits primarily derived from inefficient markets, superior investment experience, and/or knowledge. Alternative investment registered security examples would be: exchange-traded funds, and open and/or closed-end mutual funds. They are not private partnerships and they do maintain daily or intraday liquidity, daily pricing, simple tax reporting, etc.0.09650.03501.6574
ModelxChangeiSectors, LLCiSectors Post-MPT Growth Allocation6/30/2015 12:00:00 AM-1.70304.810414.255615.1438-1.703019.112728.28001.737720.40484.58659.889.941.41.471443Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14430.30000The objective of iSectors® Post-MPT Growth Allocation is to achieve investment returns that outperform the S&P500 stock market index with lower downside risk over a complete market cycle. The portfolio manager objectively allocates and rebalances the portfolio among nine specific, low-correlated asset classes. The mathematical process is guided by a series of economic and capital market factors. Portfolios may be invested up to 40% at any one time into any single asset class, with the exception of government bonds, to which the model may allocate up to 67%. The iSectors® Post-MPT Growth Allocation may utilize leveraged ETFs up to a maximum of 33%. However, because iSectors® does not use borrowed money in its strategy, the service is available for retirement and non-profit accounts. 0.9198
ModelxChangeiSectors, LLCiSectors Post-MPT Moderate Allocation6/30/2015 12:00:00 AM-0.1444-1.12888.315110.2808-0.144410.026015.28944.048113.59378.58207.757.61.071.32346Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3460.30000The iSectors® Post-MPT Moderate Allocation seeks investment returns that outperform a 60-40 stock-bond index (as measured by 60% S&P 500 stock market index + 40% Barclays Aggregate Bond Index) with lower downside risk over a complete market cycle. The portfolio manager objectively allocates and rebalances the portfolio among up to 9 specific, low-correlated asset classes. The mathematical process is guided by a series of economic and capital market factors. Portfolios may be invested up to 30% at any one time into any single asset class, with the exception of government bonds, to which the model may allocate up to 50%. The iSectors Post-MPT Moderate Allocation does not use borrowed money in its strategy and remains 100% invested at all times (subject to a 2% cash allocation for liquidity purposes). The portfolio is strategically optimized and updated according to updated economic and capital market factors on a monthly basis.0.6908
ModelxChangeiSectors, LLCiSectors Precious Metals Allocation6/30/2015 12:00:00 AM-4.9281-22.0415-10.1160-4.9281-7.8285-23.74484.6837-2.346017.73-0.51179Commodities Precious Metalshttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1790.30000iSectors® Precious Metals Allocation objective is to provide a strategic model designed to offer investors a convenient, cost-effective approach to invest in a liquid, diversified portfolio of precious metals. The Allocation invests in the shares of exchange traded funds that are backed by physical bullion.. This allocation model invests in exchange-traded funds (ETFs) that hold portfolios of gold, silver, platinum or palladium bullion. The iSectors Precious Metals Allocation provides for ease of purchase, cost savings, and liquidity when compared to directly acquiring and holding physical precious metals bullion. Gold and other precious metals tend to have a place in most investment portfolios for many different reasons, including: global industrial demand, risks of inflation, currency devaluation, and global political instability. Precious metals are considered an inflation hedge, but have also done well in periods of low interest rates and in periods of recession/depression. In recent years, increased federal deficits and rising government debt have heightened economic uncertainty, intensifying the appeal of precious metals among U.S. investors. Growing industrial and investment demand coming from China and India have also been suggested as reasons for increasing prices for precious metals. Investment in precious metals has sometimes been avoided by investors, largely due to complexities such as time, effort, and costs associated with purchase, transportation, storage, insurance and security. By using ETFs, precious metals bullion can be owned in a simple, cost-effective fashion while providing daily liquidity, pricing and transparency with respect to the holdings. 0.7438
ModelxChangeiSectors, LLCiSectors Tactical Global Balanced Allocation6/30/2015 12:00:00 AM-1.6478-4.72202.2476-1.64781.24115.1844-2.18352.23966.480.37191Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1910.30000Investment Objective This model’s objective is to earn a return that exceeds the return of a 60-40 stock-bond benchmark over a complete market cycle. The model utilizes a tactical approach to allocate among exchange-traded funds representing 7 major global asset classes in an attempt to profit during favorable market periods. The model also seeks to reduce portfolio volatility (minimize portfolio losses) by allocating a portion, or all of the portfolio to cash, cash equivalents, or short-term bonds. The iSectors® Tactical Global Balanced Allocation offers a comprehensive investment approach diversified across major global asset classes, including Domestic Equities, International and Emerging Market Equities, Bonds, Commodities, Gold and Real Estate. The model actively manages the investments within the portfolio, utilizing a trend following methodology to allocate among the model’s targeted asset classes and to cash. The model applies an objective, trend-following methodology to systematically rebalance the model on a monthly basis among the universe of asset classes that are exhibiting favorable characteristics. Up to 20% of the model's assets may be allocated to each asset class. The model may hold up to 100% cash, although the manager anticipates these periods to be transitory and infrequent. Extraordinary market volatility has challenged many static allocation portfolios over the past decade. This has caused investors to sell at inopportune times and/or avoid investing altogether. The iSectors® Tactical Global Balanced portfolio has been created to help investors match their need for growth with their desire for a lower-volatility portfolio. iSectors’ research has shown that investors can reduce portfolio volatility by selectively avoiding asset classes that are currently out of favor. In those instances, investors are often better served by holding cash. iSectors applies a systematic, trend-following approach to each of the asset classes in the portfolio. Using this objective algorithm, the model systematically invests in those asset classes which offer the potential for favorable returns while avoiding those asset classes that are in potentially protracted declines. The quantitative model is reviewed and reallocated on a monthly basis. 0.4736
ModelxChangeITS Asset Management, L.P.ITS Asset Analyzer II Conservative1492Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14920.45000Utilizing equity and fixed income funds, the program seeks long-term capital appreciation with a focus on risk-adjusted return relative to a conservative risk profile. The Asset Analyzer II Conservative offers investors a dynamic portfolio comprised of five or six sector positions. While pre-defined percentage allocations remain static, stage shifting and sector rotation, along with the quarterly trade frequency, allow investment exposure to be adjusted dynamically according to ITS’s view of prevailing market conditions. The program applies offensive and defensive investment techniques to a limited universe of investment sectors. From this universe, five or six are selected and investments are allocated according to a dynamic weighting method. Weights for targeted sectors are determined by allocation stage. For the Asset Analyzer II Conservative total equity and fixed allocations are: Stage 1 - 15% equity/85% fixed, Stage 2 - 35% equity/65% fixed, Stage 3 - 50% equity/50% fixed. Fund selection is performed for the purpose of identifying the appropriate funds for the target allocations. Quarterly reallocation and/or rebalancing is used to fulfill target allocations.0.7789
ModelxChangeITS Asset Management, L.P.ITS Asset Analyzer II Growth1494Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14940.45000Utilizing equity and fixed income funds, the program seeks long-term capital appreciation with a focus on risk-adjusted return relative to a growth risk profile. The Asset Analyzer II Growth offers investors a dynamic portfolio comprised of five or six sector positions. While pre-defined percentage allocations remain static, stage shifting and sector rotation, along with the quarterly trade frequency, allow investment exposure to be adjusted dynamically according to ITS’s view of prevailing market conditions. The program applies offensive and defensive investment techniques to a limited universe of investment sectors. From this universe, five or six are selected and investments are allocated according to a dynamic weighting method. Weights for targeted sectors are determined by allocation stage. For the Asset Analyzer II Growth total equity and fixed allocations are: Stage 1 - 50% equity/50% fixed, Stage 2 - 65% equity/35% fixed, Stage 3 - 85% equity/15% fixed. Fund selection is performed for the purpose of identifying the appropriate funds for the target allocations. Quarterly reallocation and/or rebalancing is used to fulfill target allocations.0.8321
ModelxChangeITS Asset Management, L.P.ITS Asset Analyzer II Moderate1493Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14930.45000Utilizing equity and fixed income funds, the program seeks long-term capital appreciation with a focus on risk-adjusted return relative to a moderate risk profile. The Asset Analyzer II Moderate offers investors a dynamic portfolio comprised of six sector positions. While pre-defined percentage allocations remain static, stage shifting and sector rotation, along with the quarterly trade frequency, allow investment exposure to be adjusted dynamically according to ITS’s view of prevailing market conditions. The program applies offensive and defensive investment techniques to a limited universe of investment sectors. From this universe, six are selected and investments are allocated according to a dynamic weighting method. Weights for targeted sectors are determined by allocation stage. For the Asset Analyzer II Moderate, total equity and fixed income allocations are: Stage 1 - 35% equity/65% fixed, Stage 2 - 50% equity/50% fixed, Stage 3 - 65% equity/35% fixed. Fund selection is performed for the purpose of identifying the appropriate funds for the target allocations. Quarterly reallocation and/or rebalancing is used to fulfill target allocations.0.7710
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 11495Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14950.45000MPS Level 1 was designed for investors who are focused on capital preservation, but want more diversification and return potential than a portfolio comprised 100% of fixed income investments can provide. ITS Managed Portfolio Series Level 1 empahsizes capital preservation, but seeks greater diversification and return potential than a 100% fixed income portfolio. While overall asset allocation remains static at 15% equity and 85% fixed income, sector rotation, fund selection, and monthly trading allow investment exposure to be adjusted within a defined universe of sectors according to ITS's view of prevailing market conditions. Positions are maintained in six different investment sectors at all times with various weightings. The equity allocation is comprised of two sector positions with weights of 10% and 5%. The fixed income allocation is comprised of four sector positions with weights of 35%, 25%, 15%, and 10%. ITS MPS portfolios have the ability to trade monthly, and at minimum are rebalanced quarterly.0.7650
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 21496Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14960.45000MPS Level 2 was designed for investors who need some capital preservation, but want more growth potential than a more conservative portfolio can generally provide. ITS Managed Portfolio Series Level 2 emphasizes capital preservation to a degree, but seeks greater growth potential than a portfolio comprised of less equity can generally provide. While overall asset allocation remains static at 35% equity and 65% fixed income, sector rotation, fund selection, and monthly trading allow investment exposure to be adjusted within a defined universe of sectors according to ITS's view of prevailing market conditions. Positions are maintained in six different investment sectors at all times with various weightings. The equity allocation is comprised of three sector positions with weights of 15%, 12%, and 8%. The fixed income allocation is comprised of three sector positions with weights of 30%, 20%, and 15%. ITS MPS portfolios have the ability to trade monthly, and at minimum are rebalanced quarterly.0.03750.12251.0540
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 31497Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14970.45000MPS Level 3 was designed for investors who value the need for risk management, and their desire for investment reward, relatively equally. ITS Managed Portfolio Series Level 3 seeks to maintain a relative balance between risk mitigation and investment growth. While overall asset allocation remains static at 50% equity and 50% fixed income, sector rotation, fund selection, and monthly trading allow investment exposure to be adjusted within a defined universe of sectors according to ITS's view of prevailing market conditions. Positions are maintained in six different investment sectors at all times with various weightings. The equity and fixed income allocations are each comprised of three sector positions with weights of 25%, 15%, and 10%. ITS MPS portfolios have the ability to trade monthly, and at minimum are rebalanced quarterly.0.06250.09251.0460
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 41498Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14980.45000MPS Level 4 was designed for investors who are more focused on capital appreciation, but still want to mitigate stock market risk through diversification in bonds and other fixed income investments. ITS Managed Portfolio Series Level 4 places greater emphasis on capital appreication, but still seeks to mitigate some of the risk associated with equities through diversification in bonds and other fixed income investments. While overall asset allocation remains static at 65% equity and 35% fixed income, sector rotation, fund selection, and monthly trading allow investment exposure to be adjusted within a defined universe of sectors according to ITS's view of prevailing market conditions. Positions are maintained in six different investment sectors at all times with various weightings. The equity allocation is comprised of three sector positions with weights of 30%, 20%, and 15%. The fixed income allocation is comprised of three sector positions with weights of 15%, 12%, and 8%. ITS MPS portfolios have the ability to trade monthly, and at minimum are rebalanced quarterly.0.07000.07701.0655
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 51499Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14990.45000MPS Level 5 was designed for investors who are primarily focused on capital appreciation, but want to maintain an element of diversification in their portfolio. ITS Managed Portfolio Series Level 5 emphasizes capital appreciation while maintaining an element of fixed income diversification. While overall asset allocation remains static at 85% equity and 15% fixed income, sector rotation, fund selection, and monthly trading allow investment exposure to be adjusted within a defined universe of sectors according to ITS's view of prevailing market conditions. Positions are maintained in six different investment sectors at all times with various weightings. The equity allocation is comprised of four sector positions with weights of 35%, 25%, 15%, and 10%. The fixed income allocation is comprised of two sector positions with weights of 10%, and 5%. ITS MPS portfolios have the ability to trade monthly, and at minimum are rebalanced quarterly.0.06250.04751.0055
ModelxChangeITS Asset Management, L.P.ITS Premier Asset Analyzer1490Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14900.45000Utilizing equity and fixed income funds, the program seeks long-term capital appreciation with a focus on total return. The Premier Asset Analyzer offers investors a strategic portfolio comprised of nine sector positions. While top-down percentage allocations remain static, sector rotation combined with a quarterly trade frequency allow investment exposure to be adjusted strategically according to ITS’s view of prevailing market conditions. The program applies offensive and defensive investment techniques to a broad universe of investment sectors. From this universe, nine sectors are selected and allocated according to a strategic weighting method. The resulting allocation can range from 100% equity to 90% fixed income. Fund selection is performed for the purpose of identifying the appropriate funds for the target allocations. Quarterly reallocation and/or rebalancing is used to fulfill and maintain target allocations.0.04651.0211
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Conservative6/30/2015 12:00:00 AM3.17145.51267.27537.66223.17145.46539.37509.0197-1.88968.11625.327.011.341.0857World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL570.50000Combines a Tactical and Strategic top-down macro approach to asset allocation with a global orientation. Invests in ETFs across three asset classes – equities, fixed income and commodities - by taking a long-term secular view with tactical positioning during the shorter-term business and credit cycles. JFG builds Global Tactical Allocation portfolios utilizing top-down global macro research to weight three asset classes: fixed income, equities and alternatives. Portfolios are constructed with exchange traded products from global sector, regional and country perspectives. We tactically adjust our clients’ portfolios to shorter-term influences of credit, economic, political, and financial cycles using fundamental top-down financial conditions analysis. JFG's Global Tactical Allocation portfolio is used primarily as a "core" holding for Reps and Advisors' high net worth clients and is available as a QDIA option in Defined Contribution Plans.0.9390
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Growth39World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL390.50000Combines a Tactical and Strategic top-down macro approach to asset allocation with a global orientation. Invests in ETFs across three asset classes – equities, fixed income and commodities - by taking a long-term secular view with tactical positioning during the shorter-term business and credit cycles. JFG builds Global Tactical Allocation portfolios utilizing top-down global macro research to weight three asset classes: fixed income, equities and alternatives. Portfolios are constructed with exchange traded products from global sector, regional and country perspectives. We tactically adjust our clients’ portfolios to shorter-term influences of credit, economic, political, and financial cycles using fundamental top-down financial conditions analysis. JFG's Global Tactical Allocation portfolio is used primarily as a "core" holding for Reps and Advisors' high net worth clients and is available as a QDIA option in Defined Contribution Plans.0.9470
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Income6/30/2015 12:00:00 AM-0.8239-1.36582.97273.3949-0.82397.0638-0.94573.53574.26569.12315.115.20.590.661537Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15370.50000The Risk Managed Income portfolio is designed to seek consistent levels of current income and preservation of principal. The portfolio can hold sovereign and corporate bonds denominated in both US dollar and foreign currency terms. Additionally, up 15% of the portfolio can be allocated to US and foreign equities, and up to 40% can be allocated to alternative asset classes. The strategy utilizes long-term macroeconomic and geopolitical variables to analyze the effects on currencies and interest rates. The portfolio’s performance objective is linked to the performance of global fixed income markets and, to a less extent, equity, currency, and alternative markets.0.9092
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Moderate6/30/2015 12:00:00 AM3.15674.97486.26686.97173.15674.91298.18527.3156-3.74018.22085.17.431.210.9456World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL560.50000Combines a Tactical and Strategic top-down macro approach to asset allocation with a global orientation. Invests in ETFs across three asset classes – equities, fixed income and commodities - by taking a long-term secular view with tactical positioning during the shorter-term business and credit cycles. JFG builds Global Tactical Allocation portfolios utilizing top-down global macro research to weight three asset classes: fixed income, equities and alternatives. Portfolios are constructed with exchange traded products from global sector, regional and country perspectives. We tactically adjust our clients’ portfolios to shorter-term influences of credit, economic, political, and financial cycles using fundamental top-down financial conditions analysis. JFG's Global Tactical Allocation portfolio is used primarily as a "core" holding for Reps and Advisors' high net worth clients and is available as a QDIA option in Defined Contribution Plans.0.9474
ModelxChangeLoring Ward1. Loring Ward Global Defensive DFA6/30/2015 12:00:00 AM1.0720-0.76584.11654.51501.07200.64857.05996.38720.23027.49501501Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15010.22000The objective of the Defensive portfolio is to provide capital preservation by investing in a portfolio of primarily bonds. It is designed for those who have a substantially lower tolerance for portfolio fluctuations. The investment time horizon is typically 3 years or more. Loring Ward portfolios are built using low-cost, institutional class mutual funds and contain as many as 9,000 securities in 45 countries, representing 35 currencies and 9 asset classes. The model is primarily based on the Fama-French “Three Factor Model.” The portfolio construction strategy focuses on investing in the three factors of risk and return: the market factor (stocks minus bonds), the value factor (value minus growth), and the size factor (small cap stocks minus large cap stocks). These risk factors may provide investors with returns over time that adequately compensate them for the additional risk inherent in the stock market as a whole, and value and small cap stocks in particular. A multi risk factor equity portfolio is combined with a short term (1- to 5-year average maturity) and high quality fixed income portfolio based on the client's constraints and risk and return objectives. The goal is to provide the highest returns for a given level of risk over time.0.4633
ModelxChangeLoring Ward2. Loring Ward Global Conservative DFA6/30/2015 12:00:00 AM1.96160.57126.79366.57681.96161.873211.47028.7269-1.28699.38661502Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15020.22000The objective of the Conservative portfolio is to provide capital preservation and limited growth by investing in a portfolio of primarily bonds with some stocks. It is designed for those who have a lower tolerance for portfolio fluctuations. The investment time horizon is typically 3 to 5 years or more. Loring Ward portfolios are built using low-cost, institutional class mutual funds and contain as many as 9,000 securities in 45 countries, representing 35 currencies and 9 asset classes. The model is primarily based on the Fama-French “Three Factor Model.”  The portfolio construction strategy focuses on investing in the three factors of risk and return:  the market factor (stocks minus bonds), the value factor (value minus growth), and the size factor (small cap stocks minus large cap stocks).  These risk factors may provide investors with returns over time that adequately compensate  them for the additional risk inherent in the stock market as a whole, and value and small cap stocks in particular.  A multi risk factor equity portfolio is combined with a short term (1- to 5-year average maturity) and high quality fixed income portfolio based on the client's constraints and risk and return objectives.  The goal is to provide the highest returns for a given level of risk over time.0.4834
ModelxChangeLoring Ward3. Loring Ward Global Balanced DFA6/30/2015 12:00:00 AM1.95720.89998.29837.80351.95722.715414.089110.3040-2.498211.23894.697.281.721.061503Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15030.22000The objective of the Balanced portfolio is to provide balance between capital preservation and growth. It is designed for those who have an average tolerance for portfolio fluctuations. The investment time horizon is typically 5 to 10 years or more. Loring Ward portfolios are built using low-cost, institutional class mutual funds and contain as many as 9,000 securities in 45 countries, representing 35 currencies and 9 asset classes. The model is primarily based on the Fama-French “Three Factor Model.”  The portfolio construction strategy focuses on investing in the three factors of risk and return:  the market factor (stocks minus bonds), the value factor (value minus growth), and the size factor (small cap stocks minus large cap stocks).  These risk factors may provide investors with returns over time that adequately compensate  them for the additional risk inherent in the stock market as a whole, and value and small cap stocks in particular.  A multi risk factor equity portfolio is combined with a short term (1- to 5-year average maturity) and high quality fixed income portfolio based on the client's constraints and risk and return objectives.  The goal is to provide the highest returns for a given level of risk over time.0.4992
ModelxChangeLoring Ward4. Loring Ward Global Moderate DFA6/30/2015 12:00:00 AM2.3058-0.018210.15609.54262.30582.286718.453812.6753-3.902313.84711504Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15040.22000The objective of the Moderate portfolio is to provide some long-term growth by investing in both bonds and a greater allocation to stocks. It is designed for those who have a moderate tolerance for portfolio fluctuations. The investment time horizon is typically 10 to 15 years or more. Loring Ward portfolios are built using low-cost, institutional class mutual funds and contain as many as 9,000 securities in 45 countries, representing 35 currencies and 9 asset classes. The model is primarily based on the Fama-French “Three Factor Model.”  The portfolio construction strategy focuses on investing in the three factors of risk and return:  the market factor (stocks minus bonds), the value factor (value minus growth), and the size factor (small cap stocks minus large cap stocks).  These risk factors may provide investors with returns over time that adequately compensate  them for the additional risk inherent in the stock market as a whole, and value and small cap stocks in particular.  A multi risk factor equity portfolio is combined with a short term (1- to 5-year average maturity) and high quality fixed income portfolio based on the client's constraints and risk and return objectives.  The goal is to provide the highest returns for a given level of risk over time.0.5188
ModelxChangeLoring Ward5. Loring Ward Global Moderate Growth DFA6/30/2015 12:00:00 AM2.6046-0.161811.499110.81552.60462.465621.259014.2387-4.811315.69431505Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15050.22000The objective of the Moderate Growth portfolio is to provide moderate long-term growth. It is designed for those seeking growth and willing to assume a higher level risk. These investors should have a long-term investment horizon and be able to withstand regular fluctuations in portfolio value. The investment time horizon is typically 10 to 20 years or greater. Loring Ward portfolios are built using low-cost, institutional class mutual funds and contain as many as 9,000 securities in 45 countries, representing 35 currencies and 9 asset classes. The model is primarily based on the Fama-French “Three Factor Model.”  The portfolio construction strategy focuses on investing in the three factors of risk and return:  the market factor (stocks minus bonds), the value factor (value minus growth), and the size factor (small cap stocks minus large cap stocks).  These risk factors may provide investors with returns over time that adequately compensate  them for the additional risk inherent in the stock market as a whole, and value and small cap stocks in particular.  A multi risk factor equity portfolio is combined with a short term (1- to 5-year average maturity) and high quality fixed income portfolio based on the client's constraints and risk and return objectives.  The goal is to provide the highest returns for a given level of risk over time.0.5285
ModelxChangeLoring Ward6. Loring Ward Global Capital Appreciation DFA6/30/2015 12:00:00 AM3.0668-0.448512.793311.78343.06682.185424.109415.7391-5.895116.69541506Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15060.22000The objective of the Capital Appreciation portfolio is to provide long-term growth. It is designed for those interested in maximizing growth potential and willing to assume a higher level of risk to potentially achieve greater returns. These investors should have a long term investment horizon and be able to withstand significant fluctuations in portfolio value. The investment time horizon is typically 15 to 20 years or more. Loring Ward portfolios are built using low-cost, institutional class mutual funds and contain as many as 9,000 securities in 45 countries, representing 35 currencies and 9 asset classes. The model is primarily based on the Fama-French “Three Factor Model.”  The portfolio construction strategy focuses on investing in the three factors of risk and return:  the market factor (stocks minus bonds), the value factor (value minus growth), and the size factor (small cap stocks minus large cap stocks).  These risk factors may provide investors with returns over time that adequately compensate  them for the additional risk inherent in the stock market as a whole, and value and small cap stocks in particular.  A multi risk factor equity portfolio is combined with a short term (1- to 5-year average maturity) and high quality fixed income portfolio based on the client's constraints and risk and return objectives.  The goal is to provide the highest returns for a given level of risk over time.0.5423
ModelxChangeLoring Ward7. Loring Ward Global Equity DFA6/30/2015 12:00:00 AM3.2919-0.901514.441213.26533.29192.207127.839017.7637-7.232718.72681507Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15070.22000The objective of the Equity portfolio is to maximize long-term growth potential. It is designed for those willing to assume a higher level of risk to potentially achieve greater returns. These investors should have a long-term investment horizon and be able to withstand sizable fluctuations in portfolio value. The investment time horizon is typically 20 years or more. Loring Ward portfolios are built using low-cost, institutional class mutual funds and contain as many as 9,000 securities in 45 countries, representing 35 currencies and 9 asset classes. The model is primarily based on the Fama-French “Three Factor Model.”  The portfolio construction strategy focuses on investing in the three factors of risk and return:  the market factor (stocks minus bonds), the value factor (value minus growth), and the size factor (small cap stocks minus large cap stocks).  These risk factors may provide investors with returns over time that adequately compensate  them for the additional risk inherent in the stock market as a whole, and value and small cap stocks in particular. The goal is to provide the highest returns for a given level of risk over time. 0.5580
ModelxChangeLunt Capital Management, Inc.7Twelve Conservative Portfolio6/30/2015 12:00:00 AM0.1404-3.25660.1404-0.9940853Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8530.50000Diversified Allocation; Strategic Approach; Conservative Risk The Lunt Capital 7Twelve Conservative Portfolio is a broadly diversified portfolio which is based on the work of Dr. Craig Israelsen. This diversification includes exposure to equities, fixed income, and alternative assets. The dedicated asset class diversification remains constant in the portfolio. The 7Twelve Conservative has overweight exposures to more conservative, income-oriented assets and underweight exposures to more aggressive, growth-oriented assets. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument. ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy. There are risks involved with investing in ETFs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements. 0.7215
ModelxChangeLunt Capital Management, Inc.7Twelve Moderate Portfolio6/30/2015 12:00:00 AM0.7884-4.78320.7884-0.8372851Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8510.50000Diversified Allocation; Strategic Approach; Moderate Risk The Lunt Capital 7Twelve Moderate Portfolio is a broadly diversified portfolio which is based on the work of Dr. Craig Israelsen. This diversification includes exposure to equities, fixed income, and alternative assets. The dedicated asset class diversification remains constant in the portfolio. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument. ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy. There are risks involved with investing in ETFs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements.0.7659
ModelxChangeLunt Capital Management, Inc.7Twelve Moderately Aggressive Portfolio6/30/2015 12:00:00 AM0.8270-5.15920.8270-0.6674852Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8520.50000Diversified Allocation; Strategic Approach; Aggressive Risk The Lunt Capital 7Twelve Aggressive Portfolio is a broadly diversified portfolio which is based on the work of Dr. Craig Israelsen. This diversification includes exposure to equities, fixed income, and alternative assets. The dedicated asset class diversification remains constant in the portfolio. The 7Twelve Aggressive has overweight exposures to more aggressive, growth-oriented assets and underweight exposures to more conservative, income-oriented assets. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument. ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy. There are risks involved with investing in ETFs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements.0.7785
ModelxChangeLunt Capital Management, Inc.Dynamic Aggressive Portfolio6/30/2015 12:00:00 AM3.68195.78067.82343.68193.79528.78607.950.98286Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2860.50000Diversified Allocation, Tactical Approach; Moderate/Aggressive Risk The Lunt Capital Dynamic Moderately Aggressive Portfolio is a broadly diversified, actively managed portfolio. Portfolio diversification includes exposure to equities, fixed income, and alternative assets. While the precise allocation may change, the portfolio targets an asset allocation of 55-75% equity, 5-10% fixed income, and 15-30% alternatives. Over 55% of the portfolio remains invested at all times, while up to 35% of the portfolio may rotate out of investment positions and into cash during volatile market periods. The portfolio employs tactical rotation strategies and is diversified by asset class, time frame, and investment exposure. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument. ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. They are designed to provide investors with a new way to access the returns of market benchmarks or strategies. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy.0.7801
ModelxChangeLunt Capital Management, Inc.Dynamic Conservative Portfolio6/30/2015 12:00:00 AM0.0782-1.79671.18320.0782-0.18460.92233.030.39287Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2870.50000Diversified Allocation, Tactical Approach; Conservative/Moderate Risk The Lunt Capital Dynamic Conservative Portfolio is a broadly diversified, actively managed portfolio. Portfolio diversification includes exposure to equities, fixed income, and alternative assets. While the precise allocation may change, the portfolio targets an asset allocation of 10-20% equity, 70-80% fixed income, and 10-15% alternatives. Over 70% of the portfolio remains invested at all times, while up to 25% of the portfolio may rotate out of investment positions and into cash during volatile market periods. The portfolio employs tactical rotation strategies and is diversified by asset class, time frame, and investment exposure. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument.ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy. There are risks involved with investing in ETFs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements. 0.6745
ModelxChangeLunt Capital Management, Inc.Dynamic Moderate Portfolio6/30/2015 12:00:00 AM1.45121.73255.79531.45121.75557.99495.261.09288Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2880.50000Diversified Allocation, Tactical Approach; Moderate Risk The Lunt Capital Dynamic Moderate Portfolio is a broadly diversified, actively managed portfolio. Portfolio diversification includes exposure to equities, fixed income, and alternative assets. While the precise allocation may change, the portfolio targets an asset allocation of 35-50% equity, 25-30% fixed income, and 15-25% alternatives. Over 50% of the portfolio remains invested at all times, while up to 45% of the portfolio may rotate out of investment positions and into cash during volatile market periods. The portfolio employs tactical rotation strategies and is diversified by asset class, time frame, and investment exposure. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument. ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. ETNs are not equities or index funds, but they do share several characteristics. Like an index fund, they are linked to the return of a benchmark index or strategy. There are risks involved with investing in ETFs/ETNs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements.0.7511
ModelxChangeLunt Capital Management, Inc.Global Sectors Portfolio6/30/2015 12:00:00 AM-1.4441-2.6245-1.44413.277922.5577756World Stockhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7560.50000Equity Allocation, Tactical Approach; Moderate Aggressive Risk Lunt Capital’s Global Sectors Portfolio is a tactical ETF portfolio with dynamic allocations to U.S. and international equity sectors. The portfolio utilizes tactical investment strategies such as rotation to strength and rotation long/cash. The portfolio is designed to adapt to changing market environments and provides tactical exposure to global equities. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument. There are risks involved with investing in ETFs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. Concentrated industry investments involve greater risks than more diversified investments. The value of the stocks in some of the underlying indexes may be more volatile than stocks of other issues. An investor should anticipate that the value of their shares will increase or decrease in value more or less in correlation with increases or decreases in value of the underlying indexes. Leveraged ETFs or ETNS may vary widely from benchmarks due to the impact of compounding. ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. They are designed to provide investors with a new way to access the returns of market benchmarks or strategies. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy0.7887
ModelxChangeLunt Capital Management, Inc.High Beta Low Volatility Rotation Portfolio6/30/2015 12:00:00 AM-5.3817-9.0426-5.38171.3330755World Stockhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7550.50000Equity Allocation, Tactical Approach; Aggressive Risk Lunt Capital’s High Beta Low Volatility Rotation Portfolio is a tactical ETF portfolio with dynamic allocations to high beta and low volatility segments for U.S., international developed, and emerging market equities. The portfolio rotates to strength among distinct investment opportunity sets and remains fully invested. The portfolio is designed to adapt to changing market environments and provides tactical exposure to global risk on/risk off. This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument.ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy. There are risks involved with investing in ETFs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements.0.7641
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20156/30/2015 12:00:00 AM0.5847-1.42740.61033.68190.58470.2285-1.24265.86455.45407.5813495Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4950.20000The investment objective of the BrightScope OnTarget 2015 model is to provide high probability that investors will arrive at their retirement date with contributions intact and adjusted for inflation. The secondary objective is to provide as much growth as possible without jeopardizing the primary objective. The Target Date 2015 Portfolio seeks to replicate, before fees and expenses, as closely as possible, the total return of the BrightScope On Target 2015 Index. To accomplish the above dual objective, the BrightScope OnTarget models are aggressive early in the glidepath when growth is important and worth the risk, and they become increasingly conservative as the target date approaches, when asset preservation is paramount and time is no longer on the investors’ side. The On Target Indexes employ a two-asset strategy. The primary growth engine is an index-based portfolio designed to replicate the world market basket of broadly diversified investable securities. This portfolio is offset by a preservation portfolio designed to minimize real losses as the target date nears. The schedule for shifting from growth to preservation is determined by calculating the probability of loss and using those calculations to allocate increasing amounts to preservation assets as the target date approaches and arrives. By the time the target date is reached the allocation of this model is expected to closely resemble the allocation of the BrightScope OnTarget Current model. 0.3319
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20206/30/2015 12:00:00 AM0.7078-1.46084.22827.24630.70782.88564.752612.39612.569510.71464.276.470.981.11496Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4960.20000The investment objective of the BrightScope OnTarget 2020 model is to provide high probability that investors will arrive at their retirement date with contributions intact and adjusted for inflation. The secondary objective is to provide as much growth as possible without jeopardizing the primary objective. The Target Date 2020 Portfolio seeks to replicate, before fees and expenses, as closely as possible, the total return of the BrightScope On Target 2020 Index. To accomplish the above dual objective, the BrightScope OnTarget models are aggressive early in the glidepath when growth is important and worth the risk, and they become increasingly conservative as the target date approaches, when asset preservation is paramount and time is no longer on the investors’ side. The On Target Indexes employ a two-asset strategy. The primary growth engine is an index-based portfolio designed to replicate the world market basket of broadly diversified investable securities. This portfolio is offset by a preservation portfolio designed to minimize real losses as the target date nears. The schedule for shifting from growth to preservation is determined by calculating the probability of loss and using those calculations to allocate increasing amounts to preservation assets as the target date approaches and arrives. By the time the target date is reached the allocation of this model is expected to closely resemble the allocation of the BrightScope OnTarget Current model. 0.00660.3624
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20256/30/2015 12:00:00 AM0.7696-1.31526.61358.54460.76963.82999.184911.89820.574012.72275.338.681.220.98497Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4970.20000The investment objective of the BrightScope OnTarget 2025 model is to provide high probability that investors will arrive at their retirement date with contributions intact and adjusted for inflation. The secondary objective is to provide as much growth as possible without jeopardizing the primary objective. The Target Date 2025 Portfolio seeks to replicate, before fees and expenses, as closely as possible, the total return of the BrightScope On Target 2025 Index. To accomplish the above dual objective, the BrightScope OnTarget models are aggressive early in the glidepath when growth is important and worth the risk, and they become increasingly conservative as the target date approaches, when asset preservation is paramount and time is no longer on the investors’ side. The On Target Indexes employ a two-asset strategy. The primary growth engine is an index-based portfolio designed to replicate the world market basket of broadly diversified investable securities. This portfolio is offset by a preservation portfolio designed to minimize real losses as the target date nears. The schedule for shifting from growth to preservation is determined by calculating the probability of loss and using those calculations to allocate increasing amounts to preservation assets as the target date approaches and arrives. By the time the target date is reached the allocation of this model is expected to closely resemble the allocation of the BrightScope OnTarget Current model.0.01050.3845
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20306/30/2015 12:00:00 AM0.4350-2.04457.660510.45790.43503.813112.427418.0803-0.751713.98676.159.641.231.08498Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4980.20000The investment objective of the BrightScope OnTarget 2030 model is to provide high probability that investors will arrive at their retirement date with contributions intact and adjusted for inflation. The secondary objective is to provide as much growth as possible without jeopardizing the primary objective. The Target Date 2030 Portfolio seeks to replicate, before fees and expenses, as closely as possible, the total return of the BrightScope On Target 2030 Index. To accomplish the above dual objective, the BrightScope OnTarget models are aggressive early in the glidepath when growth is important and worth the risk, and they become increasingly conservative as the target date approaches, when asset preservation is paramount and time is no longer on the investors’ side. The On Target Indexes employ a two-asset strategy. The primary growth engine is an index-based portfolio designed to replicate the world market basket of broadly diversified investable securities. This portfolio is offset by a preservation portfolio designed to minimize real losses as the target date nears. The schedule for shifting from growth to preservation is determined by calculating the probability of loss and using those calculations to allocate increasing amounts to preservation assets as the target date approaches and arrives. By the time the target date is reached the allocation of this model is expected to closely resemble the allocation of the BrightScope OnTarget Current model. 0.01300.3991
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20406/30/2015 12:00:00 AM0.7907-1.59308.467210.98650.79074.455913.573218.6945-1.095414.18426.449.941.291.1499Target Date 2036-2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4990.20000The investment objective of the BrightScope OnTarget 2040 model is to provide high probability that investors will arrive at their retirement date with contributions intact and adjusted for inflation. The secondary objective is to provide as much growth as possible without jeopardizing the primary objective. The Target Date 2040 Portfolio seeks to replicate, before fees and expenses, as closely as possible, the total return of the BrightScope On Target 2040 Index. To accomplish the above dual objective, the BrightScope OnTarget models are aggressive early in the glidepath when growth is important and worth the risk, and they become increasingly conservative as the target date approaches, when asset preservation is paramount and time is no longer on the investors’ side. The On Target Indexes employ a two-asset strategy. The primary growth engine is an index-based portfolio designed to replicate the world market basket of broadly diversified investable securities. This portfolio is offset by a preservation portfolio designed to minimize real losses as the target date nears. The schedule for shifting from growth to preservation is determined by calculating the probability of loss and using those calculations to allocate increasing amounts to preservation assets as the target date approaches and arrives. By the time the target date is reached the allocation of this model is expected to closely resemble the allocation of the BrightScope OnTarget Current model. 0.01440.4073
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20506/30/2015 12:00:00 AM0.8905-1.51918.34459.86530.89054.205713.610612.9382-1.095414.18426.510.431.260.95500Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5000.20000The investment objective of the BrightScope OnTarget 2050 model is to provide high probability that investors will arrive at their retirement date with contributions intact and adjusted for inflation. The secondary objective is to provide as much growth as possible without jeopardizing the primary objective. The Target Date 2050 Portfolio seeks to replicate, before fees and expenses, as closely as possible, the total return of the BrightScope On Target 2050 Index. To accomplish the above dual objective, the BrightScope OnTarget models are aggressive early in the glidepath when growth is important and worth the risk, and they become increasingly conservative as the target date approaches, when asset preservation is paramount and time is no longer on the investors’ side. The On Target Indexes employ a two-asset strategy. The primary growth engine is an index-based portfolio designed to replicate the world market basket of broadly diversified investable securities. This portfolio is offset by a preservation portfolio designed to minimize real losses as the target date nears. The schedule for shifting from growth to preservation is determined by calculating the probability of loss and using those calculations to allocate increasing amounts to preservation assets as the target date approaches and arrives. By the time the target date is reached the allocation of this model is expected to closely resemble the allocation of the BrightScope OnTarget Current model.0.01440.4073
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget Current6/30/2015 12:00:00 AM0.4374-1.4377-0.43382.02220.4374-0.5027-2.58784.03597.87803.80622.262.64-0.20.75501Target Date 2000-2010https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5010.20000The investment objective of the BrightScope OnTarget Current model is to provide a fund with a very high probability of preserving purchasing power while investors migrate to personalized strategies for their retirement portfolios. The Target Date Current Portfolio seeks to replicate, before fees and expenses, as closely as possible, the total return of the BrightScope On Target Current Index. To accomplish this objective, the BrightScope OnTarget Current model holds a combination of Treasury Inflation Protected Securities other, short-term treasury bills, and money market instruments. This strategy focuses on preservation of assets and as a consequence foregoes those strategies which focus on growth and which are of necessity also prone to large losses. The BrightScope OnTarget Current model is intended to provide safety and security. 0.3319
ModelxChangeLunt Capital Management, Inc.Tactical Growth Portfolio6/30/2015 12:00:00 AM1.3171-5.37401.3171-4.49777.8871279Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2790.50000Diversified Allocation, Tactical Approach; Moderate Aggressive Risk Lunt Capital’s Tactical Growth Portfolio is a tactical ETF and ETN portfolio with strategic allocations across global equities and alternative assets. The allocation of this portfolio is designed to provide deep diversification in growth asset classes. The portfolio utilizes tactical strategies including rotations to strength, rotations long or cash, and rotations long or inverse.This investment will use ETFs. Investors should consider these costs in light of the anticipated frequency and prospective invested dollar amounts when evaluating ETFs. ETFs may be suitable for long-term investment in the market represented in the relevant index and may also be used as an asset allocation tool or as a speculative trading instrument. There are risks involved with investing in ETFs including possible loss of money. Other risks include risks similar to stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. Concentrated industry investments involve greater risks than more diversified investments. The value of the stocks in some of the underlying indexes may be more volatile than stocks of other issues. An investor should anticipate that the value of their shares will increase or decrease in value more or less in correlation with increases or decreases in value of the underlying indexes. Leveraged ETFs or ETNS may vary widely from benchmarks due to the impact of compounding. ETNs are typically senior, unsecured, unsubordinated debt securities. Holders of ETNs are subject to the risks of the underlying firm that issues the securities. ETNs are not equities or index funds, but they do share several characteristics. For example, like equities, they trade on an exchange and can be shorted. Like an index fund, they are linked to the return of a benchmark index or strategy0.8950
ModelxChangeLunt Capital Management, Inc.US Large Cap Equity Rotation Portfolio6/30/2015 12:00:00 AM1842Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18420.50000The Lunt Capital US Large Cap Equity Rotation portfolio is an aggressive, dynamic portfolio that tactically rotates between high beta and low volatility sub-components of the S&P 500 index. Stays fully allocated to specific market segments at all times.0.7500
ModelxChangeMeeder Investment ManagementMeeder Age-Based 44 and Under6/30/2015 12:00:00 AM0.64253.94730.64251649Target Date 2046-2050 https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16490.00000The 44 and under Age-Based Portfolio is designed for investors aged 44 and under. This Portfolio will invest in a broad range of asset classes, including domestic and international equity funds, real estate funds and commodity funds. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. The following are the specific allocations in the asset classes and strategies listed above: 35% Defensive Growth, 20% Growth, 12% International, 10% Large-Cap, 8% Mid-Cap, 4% Small-Cap, 3% Real Estate, 3% Commodities, 3% Defensive Fixed-Income, 2% Bonds.0.22050.20001.6933
ModelxChangeMeeder Investment ManagementMeeder Age-Based 45-496/30/2015 12:00:00 AM0.56732.11130.56731650Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16500.00000The 45 - 49 Age-Based Portfolio is designed for investors between the ages of 45 and 49. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. The following are the specific allocations in the asset classes and strategies listed above: 33% Defensive Growth, 19% Growth, 11% International, 9% Large-Cap, 8% Mid-Cap, 5% Defensive Fixed-Income, 5% Bonds, 4% Small-Cap, 3% Real Estate, 3% Commodities.0.22480.20001.7137
ModelxChangeMeeder Investment ManagementMeeder Age-Based 50-546/30/2015 12:00:00 AM0.47391.55430.47391652Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16520.00000The 50 - 54 Age-Based Portfolio is designed for investors between the ages of 50 and 54. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. The following are the specific allocations in the asset classes and strategies listed above: 29% Defensive Growth, 17% Growth, 10% Defensive Fixed-Income, 10% Bonds, 10% International, 8% Large-Cap, 7% Mid-Cap, 3% Commodities, 3% Small-Cap, 3% Real Estate.0.23190.20001.7398
ModelxChangeMeeder Investment ManagementMeeder Age-Based 55-596/30/2015 12:00:00 AM0.46732.43020.46731653Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16530.00000The 55 - 59 Age-Based Portfolio is designed for investors between the ages of 55 and 59. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. The following are the specific allocations in the asset classes and strategies listed above: 25% Defensive Growth, 15% Defensive Fixed-Income, 15% Bonds, 15% Growth, 9% International, 8% Large-Cap, 6% Mid-Cap, 3% Small-Cap, 2% Real Estate, 2% Commodities.0.23550.20001.7493
ModelxChangeMeeder Investment ManagementMeeder Age-Based 60-626/30/2015 12:00:00 AM0.31550.79660.31551654Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16540.00000The 60 - 62 Age-Based Portfolio is designed for investors between the ages of 60 and 62. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. The following are the specific allocations in the asset classes and strategies listed above: 22% Defensive Growth, 20% Defensive Fixed-Income, 20% Bonds, 13% Growth, 7% International, 6% Large-Cap, 5% Mid-Cap, 3% Small-Cap, 2% Real Estate, 2% Commodities.0.23850.20001.7514
ModelxChangeMeeder Investment ManagementMeeder Age-Based 63-646/30/2015 12:00:00 AM0.33610.12990.33611655Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16550.00000The 63 - 64 Age-Based Portfolio is designed for investors between the ages of 63 and 64. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. The following are the specific allocations in the asset classes and strategies listed above: 30% Defensive Fixed-Income, 30% Bonds, 14% Defensive Growth, 9% Growth, 5% International, 4% Large-Cap, 4% Mid-Cap, 2% Small-Cap, 1% Real Estate, 1% Commodities.0.24220.20001.7454
ModelxChangeMeeder Investment ManagementMeeder Age-Based 65 and Over6/30/2015 12:00:00 AM0.3155-0.16160.31551656Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16560.00000The 65 and over Age-Based Portfolio is designed for investors aged 65 and over. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. This Portfolio will invest in a broad range of asset classes, including corporate and government bond funds, domestic and international equity funds, real estate funds and commodity funds. The following are the specific allocations in the asset classes and strategies listed above: 35% Defensive Fixed-Income, 35% Bonds, 11% Defensive Growth, 7% Growth, 4% International, 3% Large-Cap, 2% Mid-Cap, 1% Small-Cap, 1% Real Estate, 1% Commodities.0.24420.20001.7447
ModelxChangeMeeder Investment ManagementMeeder Aggressive Growth Portfolio (ETFs)764Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7640.50000This portfolio seeks growth of capital over a long-term time horizon with the goal of outperforming the broad stock market over a complete market cycle by remaining fully invested in equities under normal conditions with a concentrated mix of sectors, styles, and capitalization range Using our Aggressive Growth strategy, a constrained tactical strategy, this portfolio seeks growth of capital over a long-term time horizon with the goal of outperforming the broad stock market over a complete market cycle, while remaining fully invested in equities at all times. Our Aggressive Growth strategy shifts the portfolio between sectors, styles, global opportunities and capitalization ranges in a more concentrated manner than our Growth strategy. This portfolio is suitable for investors whose risk profile is such that they can tolerate volatility that is slightly greater than the stock market.0.7428
ModelxChangeMeeder Investment ManagementMeeder Aggressive Growth Portfolio (Mutual Funds)6/30/2015 12:00:00 AM0.43244.894916.082214.06860.432412.081430.573113.6269-6.279815.73049.3713.131.641.07333Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3330.00000This portfolio seeks growth of capital over a long-term time horizon with the goal of outperforming the broad stock market over a complete market cycle by remaining fully invested in equities under normal conditions with a concentrated mix of sectors, styles, and capitalization ranges. Using our Aggressive Growth strategy, a constrained tactical strategy, this portfolio seeks growth of capital over a long-term time horizon with the goal of outperforming the broad stock market over a complete market cycle, while remaining fully invested in equities at all times. Our Aggressive Growth strategy shifts the portfolio between sectors, styles, global opportunities and capitalization ranges in a more concentrated manner than our Growth strategy. This portfolio is suitable for investors whose risk profile is such that they can tolerate volatility that is slightly greater than the stock market.0.24300.20001.7193
ModelxChangeMeeder Investment ManagementMeeder Balanced Growth Portfolio (Mutual Funds)336Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3360.00000This portfolio seeks to provide investors with long-term growth of capital and current income. Using a blend of our Growth and Fixed Income strategies, our Balanced Growth Portfolio maintains a target allocation of 60% Equity securities and 40% Fixed Income securities. Our Growth strategy shifts the portfolio between sectors, styles, global opportunities and capitalization ranges while our Fixed Income strategy shifts the portfolio duration and credit quality.0.24580.20001.7081
ModelxChangeMeeder Investment ManagementMeeder Balanced Income Portfolio (Mutual Funds)335Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3350.00000This portfolio seeks to provide investors with current income and long-term growth of capital. Using a blend of our Growth and Fixed Income strategies, our Balanced Income Portfolio maintains a target allocation of 60% Fixed Income and 40% Equity securities. Our Growth strategy shifts the portfolio between sectors, styles, global opportunities and capitalization ranges while our Fixed Income strategy shifts the portfolio duration and credit quality. 0.24720.20001.7154
ModelxChangeMeeder Investment ManagementMeeder Balanced Portfolio (ETFs)760Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7600.50000This portfolio seeks both long-term capital growth and current income for investors who are conservative but have some tolerance for risk. Using a blend of our Defensive Growth and Fixed Income strategies, this portfolio seeks to provide investors with a primary objective of long-term growth of capital and a secondary objective of current income by having a maximum exposure of 70% to equity securities and a minimum exposure of 30% to fixed income securities. However, by utilizing our Defensive Investing strategy which seeks to determine the risk/reward relationships of the stock market, the portion of the portfolio that is allocated to our Defensive Growth strategy (70%), an unconstrained tactical strategy, may at times be invested in fixed income and/or money market securities, which will result in a fixed income allocation between 30% and 100% of the total portfolio.0.7328
ModelxChangeMeeder Investment ManagementMeeder Balanced Portfolio (Mutual Funds)6/30/2015 12:00:00 AM-0.04082.442810.69499.2538-0.04088.633920.87218.8433-4.028410.81196.958.491.491.08329Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3290.00000This portfolio seeks both long-term capital growth and current income for investors who are conservative but have some tolerance for risk. Using a blend of our Defensive Growth and Fixed Income strategies, this portfolio seeks to provide investors with a primary objective of long-term growth of capital and a secondary objective of current income by having a maximum exposure of 70% to equity securities and a minimum exposure of 30% to fixed income securities. However, by utilizing our Defensive Investing strategy which seeks to determine the risk/reward relationships of the stock market, the portion of the portfolio that is allocated to our Defensive Growth strategy (70%), an unconstrained tactical strategy, may at times be invested in fixed income and/or money market securities, which will result in a fixed income allocation between 30% and 100% of the total portfolio.0.23110.20001.6983
ModelxChangeMeeder Investment ManagementMeeder Conservative Portfolio (ETFs)759Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7590.50000This portfolio seeks to provide income from the bond market and investment gains from the stock market for investors who are risk-averse and prefer active portfolio management. Using a blend of our Defensive Growth and Fixed Income strategies, this portfolio seeks to provide risk averse investors with an asset mix that experiences lower volatility of returns by always having a minimum exposure of 70% to fixed income securities and a maximum exposure of 30% to equity securities. In addition, by utilizing our Defensive Investing strategy which seeks to determine the risk/reward relationships of the stock market, the portion of the portfolio that is allocated to our Defensive Growth strategy (30%), an unconstrained tactical strategy, may at times be invested in fixed income and/or money market securities, which will result in a fixed income allocation between 70% and 100% of the total portfolio.0.7364
ModelxChangeMeeder Investment ManagementMeeder Conservative Portfolio (Mutual Funds)6/30/2015 12:00:00 AM0.04900.27566.12665.71920.04904.79128.51179.1112-0.19318.13984.354.861.381.16326Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3260.00000This portfolio seeks to provide income from the bond market and investment gains from the stock market for investors who are risk-averse and prefer active portfolio management. Using a blend of our Defensive Growth and Fixed Income strategies, this portfolio seeks to provide risk averse investors with an asset mix that experiences lower volatility of returns by always having a minimum exposure of 70% to fixed income securities and a maximum exposure of 30% to equity securities. In addition, by utilizing our Defensive Investing strategy which seeks to determine the risk/reward relationships of the stock market, the portion of the portfolio that is allocated to our Defensive Growth strategy (30%), an unconstrained tactical strategy, may at times be invested in fixed income and/or money market securities, which will result in a fixed income allocation between 70% and 100% of the total portfolio.0.24880.20001.7594
ModelxChangeMeeder Investment ManagementMeeder Growth Portfolio (ETFs)762Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7620.50000This portfolio seeks growth of capital over a long-term time horizon with a goal to outperform the broad stock market over a complete market cycle while remaining fully invested in equities under normal conditions. Using our Growth strategy, a constrained tactical strategy, this portfolio seeks growth of capital over a long-term time horizon with a goal of outperforming the broad stock market over a complete market cycle, while remaining fully invested in equities at all times. Our Growth strategy shifts the portfolio between sectors, styles, global opportunities and capitalization ranges. This portfolio is suitable for investors whose risk profile is such that they can tolerate the volatility of the stock market.0.7302
ModelxChangeMeeder Investment ManagementMeeder Growth Portfolio (Mutual Funds)6/30/2015 12:00:00 AM0.017610.722518.145815.46030.017618.547730.806713.7205-5.767715.85148.9712.91.911.18331Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3310.00000This portfolio seeks growth of capital over a long-term time horizon with a goal to outperform the broad stock market over a complete market cycle while remaining fully invested in equities under normal conditions. Using our Growth strategy, a constrained tactical strategy, this portfolio seeks growth of capital over a long-term time horizon with a goal of outperforming the broad stock market over a complete market cycle, while remaining fully invested in equities at all times. Our Growth strategy shifts the portfolio between sectors, styles, global opportunities and capitalization ranges. This portfolio is suitable for investors whose risk profile is such that they can tolerate the volatility of the stock market.0.24300.20001.7014
ModelxChangeMeeder Investment ManagementMeeder Moderate Conservative Portfolio (ETFs)761Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7610.50000This portfolio seeks to provide income from the bond market and investment gains from the stock market for investors who are seeking income and long-term growth potential while minimizing volatility. Using a blend of our Defensive Growth and Fixed Income strategies, this portfolio seeks to provide investors with a combination of both income and growth by always having a minimum exposure of 50% to fixed income securities and a maximum exposure of 50% to equity securities. In addition, by utilizing our Defensive Investing strategy which seeks to determine the risk/reward relationships of the stock market, the portion of the portfolio that is allocated to our Defensive Growth strategy (50%), an unconstrained tactical strategy, may at times be invested in fixed income and/or money market securities, which will result in a fixed income allocation between 50% and 100% of the total portfolio.0.7346
ModelxChangeMeeder Investment ManagementMeeder Moderate Conservative Portfolio (Mutual Funds)6/30/2015 12:00:00 AM-0.84750.54388.29157.4008-0.84756.718814.31719.8886-2.04319.25945.66.561.451.12330Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3300.00000This portfolio seeks to provide income from the bond market and investment gains from the stock market for investors who are seeking income and long-term growth potential while minimizing volatility. Using a blend of our Defensive Growth and Fixed Income strategies, this portfolio seeks to provide investors with a combination of both income and growth by always having a minimum exposure of 50% to fixed income securities and a maximum exposure of 50% to equity securities. In addition, by utilizing our Defensive Investing strategy which seeks to determine the risk/reward relationships of the stock market, the portion of the portfolio that is allocated to our Defensive Growth strategy (50%), an unconstrained tactical strategy, may at times be invested in fixed income and/or money market securities, which will result in a fixed income allocation between 50% and 100% of the total portfolio0.24620.20001.7659
ModelxChangeMeeder Investment ManagementMeeder Moderate Growth Portfolio (ETFs)763Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7630.50000This portfolio seeks growth of capital for growth oriented investors looking to minimize volatility. Using our Defensive Growth strategy, an unconstrained tactical strategy, this portfolio seeks capital appreciation for growth oriented investors looking to minimize volatility. Our Defensive Investing discipline seeks out the best opportunities for returns in the financial markets while managing the inherent risks of investing by shifting assets from equities to fixed income and money market securities when our analysis determines the risk/reward relationship of the stock market is unfavorable.0.7302
ModelxChangeMeeder Investment ManagementMeeder Moderate Growth Portfolio (Mutual Funds)6/30/2015 12:00:00 AM0.14374.644715.606112.69730.143711.851430.875412.2035-7.265413.12629.311.691.611.08332Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3320.00000This portfolio seeks growth of capital for growth oriented investors looking to minimize volatility. Using our Defensive Growth strategy, an unconstrained tactical strategy, this portfolio seeks capital appreciation for growth oriented investors looking to minimize volatility. Our Defensive Investing discipline seeks out the best opportunities for returns in the financial markets while managing the inherent risks of investing by shifting assets from equities to fixed income and money market securities when our analysis determines the risk/reward relationship of the stock market is unfavorable.0.22250.20001.6290
ModelxChangeMesirow FinancialMesirow Active Risk Managed1550Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15500.35000The Mesirow Active Risk Managed Strategy seeks to achieve long-term growth of capital while protecting from significant market downfall through flexible adjustments to the asset allocation mix based on prevailing market conditions. This portfolio is best suited for investors near retirement that are seeking capital appreciation while mitigating downside risk in volatile markets. Using tactical asset allocation, the Mesirow Active Risk Managed strategy emphasizes growth when markets are stable by shifting to historically more volatile asset classes, such as equities and alternatives. It assesses expected volatility each month in order to keep portfolio volatility within a 6-12% range, with a long-term target of 10%. In high-risk market environments, the portfolio switches to the more conservative Mesirow Balanced Risk Managed strategy, which maintains balanced exposure to all systematic risk with the intent of generating consistent returns. 0.6634
ModelxChangeMesirow FinancialMesirow Balanced Risk Managed1549Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15490.35000The Mesirow Balanced Risk Managed portfolio is a protected growth strategy that seeks to produce more consistent returns over time. The strategy aims to deliver stable returns by focusing on structural risk factor diversification in the prevailing economic regime. While an investor may not participate fully in an up market, the strategy is designed to help avoid big losses in a down market. This risk mitigation approach helps protect assets during a market downturn and better positions investors when the market swings up again. This portfolio is best suited for investors in retirement that are seeking stable capital appreciation with strong downside risk protection. The strategy diversifies by balancing macroeconomic risk factors (e.g., equity risk, interest rate risk and inflation risk) so that every asset class is considered but no one asset class is given preference over another. The strategy maintains a balanced exposure across major asset allocation approaches with a moderate exposure to alternative investments. Typically the portfolio has a greater allocation to fixed income than to equity. However, in normal market environments, there is meaningful allocation to equity and exposure to alternative asset classes. 0.6704
ModelxChangeMesirow FinancialMesirow Dynamic Momentum1545World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15450.35000The Mesirow Dynamic Momentum strategy focuses on capital appreciation by responding to market conditions through opportunistic asset allocation combined with a systematic approach to mitigate downside risk in volatile markets. This portfolio is best suited for investors planning for retirement that are willing to participate in historically riskier asset allocation with the intent of receiving consistent alpha generation, while mitigating downside risk in volatile markets. The portfolio combines a flexible, diversified asset allocation designed for growth while managing risk by adjusting the asset allocation in response to high-risk market environments. The strategy employs a multi-level risk management system: 1. First, the strategy identifies downward trends in the returns of asset classes and then adjusts its exposure to those assets to better protect the portfolio from declining markets. 2. Secondly, the strategy is designed to respond to high risk market conditions by proportionally reducing all risky assets and move to safe heaven assets, such as cash and treasuries. 0.5471
ModelxChangeMesirow FinancialMesirow Stable Performance1551Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15510.35000Mesirow Stable Performance seeks to achieve a balance between long-term capital appreciation and capital preservation in any market environment through a multi-strategy approach. This portfolio is best suited for investors at or near retirement seeking stable performance regardless of the market environment that are willing to sacrifice some upside potential for greater downside protection. Using a core-satellite approach, Mesirow Stable Performance is a globally-diversified solution that includes a non-correlated mix of conventional and absolute return investment strategies suitable any market environment. The core of the portfolio will target diversified exposure across various asset classes in an effort to balance the impact of volatility and return from different economic regimes. The satellite portion of the portfolio will target strategies that offer the opportunity to add incremental return or reduce portfolio volatility. The strategy will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular interest rate, economic, and financial-market cycles. 0.6096
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCAllianceOne 20206/30/2015 12:00:00 AM2075Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20750.10000To provide growth and income through broad global diversification of equity and fixed income investments, increasing the fixed income exposure as participants near their target retirement date. AllianceOne 2020 (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2020 (the target year). The Portfolio follows a “retire to” strategy intended to reduce equity risk exposure during a time when retirement planning is being finalized and the tolerance for downside volatility tends to be lower. The Portfolio’s target date glidepath increases fixed income exposure commensurately with age so that under normal circumstances the model will have approximately a 35% equity and 65% fixed income allocation when the participant is 65 years old. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The AllianceOne Target Date portfolios may have a relatively higher small-cap and value weighting, additional factors that have historically demonstrated to add value over time. 0.00500.3200
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCAllianceOne 20306/30/2015 12:00:00 AM2077Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20770.10000To provide growth and income through broad global diversification of equity and fixed income investments, increasing the fixed income exposure as participants near their target retirement date. AllianceOne 2030 (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2030 (the target year). The Portfolio follows a “retire to” strategy intended to reduce equity risk exposure during a time when retirement planning is being finalized and the tolerance for downside volatility tends to be lower. The Portfolio’s target date glidepath increases fixed income exposure commensurately with age so that under normal circumstances the model will have approximately a 35% equity and 65% fixed income allocation when the participant is 65 years old. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The AllianceOne Target Date portfolios may have a relatively higher small-cap and value weighting, additional factors that have historically demonstrated to add value over time. 0.00500.3015
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCAllianceOne 20406/30/2015 12:00:00 AM2078Target Date 2036-2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20780.10000To provide growth and income through broad global diversification of equity and fixed income investments, increasing the fixed income exposure as participants near their target retirement date. AllianceOne 2040 (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2040 (the target year). The Portfolio follows a “retire to” strategy intended to reduce equity risk exposure during a time when retirement planning is being finalized and the tolerance for downside volatility tends to be lower. The Portfolio’s target date glidepath increases fixed income exposure commensurately with age so that under normal circumstances the model will have approximately a 35% equity and 65% fixed income allocation when the participant is 65 years old. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The AllianceOne Target Date portfolios may have a relatively higher small-cap and value weighting, additional factors that have historically demonstrated to add value over time. 0.00500.2990
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCAllianceOne 20506/30/2015 12:00:00 AM2079Target Date 2046-2050 https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20790.10000To provide growth and income through broad global diversification of equity and fixed income investments, increasing the fixed income exposure as participants near their target retirement date. AllianceOne 2050 (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2050 (the target year). The Portfolio follows a “retire to” strategy intended to reduce equity risk exposure during a time when retirement planning is being finalized and the tolerance for downside volatility tends to be lower. The Portfolio’s target date glidepath increases fixed income exposure commensurately with age so that under normal circumstances the model will have approximately a 35% equity and 65% fixed income allocation when the participant is 65 years old. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The AllianceOne Target Date portfolios may have a relatively higher small-cap and value weighting, additional factors that have historically demonstrated to add value over time. 0.00500.3090
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCAllianceOne 20606/30/2015 12:00:00 AM2080Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20800.10000To provide growth and income through broad global diversification of equity and fixed income investments, increasing the fixed income exposure as participants near their target retirement date. AllianceOne 2060 (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2060 (the target year). The Portfolio follows a “retire to” strategy intended to reduce equity risk exposure during a time when retirement planning is being finalized and the tolerance for downside volatility tends to be lower. The Portfolio’s target date glidepath increases fixed income exposure commensurately with age so that under normal circumstances the model will have approximately a 35% equity and 65% fixed income allocation when the participant is 65 years old. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The AllianceOne Target Date portfolios may have a relatively higher small-cap and value weighting, additional factors that have historically demonstrated to add value over time. 0.2810
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCMillenniuM Aggressive Portfolio6/30/2015 12:00:00 AM2128Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21280.25000The MillenniuM Aggressive Portfolio invests in domestic and foreign equity and fixed income investments according to an asset allocation strategy designed for investors primarily seeking long-term capital appreciation and, secondarily, low to moderate current income. The Model will typically allocate between 65% and 90% of its assets in equity investments and between 10% and 35% of its assets in fixed income investments. The MillenniuM Aggressive Portfolio (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors who seek capital appreciation and have a high tolerance for market volatility and willingness to accept the potential for extended periods of negative returns. Under normal circumstances, the Portfolio will allocate approximately 80% of its assets in U.S. and foreign equity mutual funds and 20% in U.S. and foreign fixed income mutual funds. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The Portfolio may have relatively higher small-cap and value weightings, additional factors that have historically demonstrated to add value over time. 0.01000.5757
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCMillenniuM Conservative Portfolio6/30/2015 12:00:00 AM2132Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21320.25000The MillenniuM Conservative Portfolio invests in domestic and foreign equity and fixed income investments according to an asset allocation strategy designed for investors primarily seeking current income and, secondarily, low to moderate long-term capital appreciation. The Portfolio will typically allocate between 15% and 40% of its assets in equity investments and between 60% and 85% of its assets in fixed income investments. The MillenniuM Conservative Portfolio (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors who seek current income and low to moderate long-term capital appreciation and have a limited tolerance for market volatility and willingness to accept the potential for moderate periods of negative returns. Under normal circumstances, the Portfolio will allocate approximately 30% of its assets in U.S. and foreign equity mutual funds and 70% in U.S. and foreign fixed income mutual funds. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The Portfolio may have relatively higher small-cap and value weightings, additional factors that have historically demonstrated to add value over time. 0.02000.6034
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCMillenniuM Moderate Portfolio6/30/2015 12:00:00 AM2130Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21300.25000The MillenniuM Moderate Portfolio invests in domestic and foreign equity and fixed income investments according to an asset allocation strategy designed for investors primarily seeking moderate long-term capital appreciation and, secondarily, current income. The Model will typically allocate between 45% and 70% of its assets in equity investments and between 30% and 55% of its assets in fixed income investments. The MillenniuM Moderate Portfolio (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors who seek moderate capital appreciation along with current income and have a tolerance for market volatility and willingness to accept the potential for extended periods of negative returns. Under normal circumstances, the Portfolio will allocate approximately 60% of its assets in U.S. and foreign equity mutual funds and 40% in U.S. and foreign fixed income mutual funds. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The Portfolio may have relatively higher small-cap and value weightings, additional factors that have historically demonstrated to add value over time. 0.01500.5870
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCMillenniuM Moderately Aggressive Portfolio6/30/2015 12:00:00 AM2129Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21290.25000The MillenniuM Moderately Aggressive Portfolio invests in domestic and foreign equity and fixed income investments according to an asset allocation strategy designed for investors primarily seeking long-term capital appreciation and, secondarily, low to moderate current income. The Model will typically allocate between 55% and 75% of its assets in equity investments and between 25% and 45% of its assets in fixed income investments. The MillenniuM Moderately Aggressive Portfolio (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors who seek capital appreciation and have a high tolerance for market volatility and willingness to accept the potential for extended periods of negative returns. Under normal circumstances, the Portfolio will allocate approximately 70% of its assets in U.S. and foreign equity mutual funds and 30% in U.S. and foreign fixed income mutual funds. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The Portfolio may have relatively higher small-cap and value weightings, additional factors that have historically demonstrated to add value over time. 0.01250.5891
ModelxChangeMillenniuM Investment & Retirement Advisors, LLCMillenniuM Moderately Conservative Portfolio6/30/2015 12:00:00 AM2131Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21310.25000The MillenniuM Moderately Conservative Portfolio invests in domestic and foreign equity and fixed income investments according to an asset allocation strategy designed for investors primarily seeking current income and, secondarily, moderate long-term capital appreciation. The Model will typically allocate between 30% and 50% of its assets in equity investments and between 50% and 70% of its assets in fixed income investments. The MillenniuM Moderately Conservative Portfolio (the “Portfolio”) invests in a broadly diversified portfolio of global equity and fixed income mutual funds according to an asset allocation strategy designed for investors who seek current income and moderate long-term capital appreciation and have a tolerance for market volatility and willingness to accept the potential for moderate periods of negative returns. Under normal circumstances, the Portfolio will allocate approximately 45% of its assets in U.S. and foreign equity mutual funds and 55% in U.S. and foreign fixed income mutual funds. The Portfolio’s underlying funds are selected based on a variety of factors that have demonstrated to add long-term value such as: relatively low expenses, low portfolio turnover, low standard deviation, high Sharpe, Treynor and Sortino ratios and favorable upside/downside capture ratios. The Portfolio may have relatively higher small-cap and value weightings, additional factors that have historically demonstrated to add value over time. 0.01750.6055
ModelxChangeNavellier & Associates, Inc.Navellier Libertas 106/30/2015 12:00:00 AM-0.97883.6430-0.97889.80912039Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20390.50000This is a growth strategy emphasizing capital preservation over investment return. Our goal is to outperform our benchmarks over complete market cycles, and to produce results that help advisors build stronger practices with their clients. This global balanced strategy is a tactical, defensive portfolio that has the potential to invest in domestic equity sector ETFs, international ETFs, fixed income ETFs, ETFs representing alternative investments, and takes defensive positions by investing in a cash equivalent, such as money market funds. The strategy can raise up to 100% cash when conditions warrant. All ETFs in the universe are ranked based on a weighted, quantitative multi-factor model relative to the S&P 500 and to cash to determine timing, allocation, positioning, and overall portfolio risk. Based on the model ranking, the strategy typically holds 8 to 10 ETFs. The strategy uses sine waves to measure the “wave heights” of the market. These sine waves produce signals that indicate when the portfolio should move in and out of ETFs and cash. This strategy is more conservative than other similar Libertas strategies and cash and cash equivalents will be approximately equal to VIX times 1.5.0.7539
ModelxChangeNavellier & Associates, Inc.Navellier Libertas 206/30/2015 12:00:00 AM-0.88633.9162-0.88632040Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20400.50000This is a growth strategy emphasizing capital preservation over investment return. Our goal is to outperform our benchmarks over complete market cycles, and to produce results that help advisors build stronger practices with their clients. This global balanced strategy is a tactical, defensive portfolio that has the potential to invest in domestic equity sector ETFs, international ETFs, fixed income ETFs, ETFs representing alternative investments, and takes defensive positions by investing in a cash equivalent, such as money market funds. The strategy can raise up to 100% cash when conditions warrant. All ETFs in the universe are ranked based on a weighted, quantitative multi-factor model relative to the S&P 500 and to cash to determine timing, allocation, positioning, and overall portfolio risk. Based on the model ranking, the strategy typically holds 8 to 10 ETFs. The strategy uses sine waves to measure the “wave heights” of the market. These sine waves produce signals that indicate when the portfolio should move in and out of ETFs and cash. This strategy is more moderate than other similar Libertas strategies and cash and cash equivalents will be approximately equal to VIX.0.7594
ModelxChangeNavellier & Associates, Inc.Navellier Libertas 306/30/2015 12:00:00 AM-0.96854.4724-0.968510.90442041Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20410.50000This is a growth strategy emphasizing capital preservation over investment return. Our goal is to outperform our benchmarks over complete market cycles, and to produce results that help advisors build stronger practices with their clients. This global balanced strategy is a tactical, defensive portfolio that has the potential to invest in domestic equity sector ETFs, international ETFs, fixed income ETFs, ETFs representing alternative investments, and takes defensive positions by investing in a cash equivalent, such as money market funds. The strategy can raise up to 100% cash when conditions warrant. All ETFs in the universe are ranked based on a weighted, quantitative multi-factor model relative to the S&P 500 and to cash to determine timing, allocation, positioning, and overall portfolio risk. Based on the model ranking, the strategy typically holds 8 to 10 ETFs. The strategy uses sine waves to measure the “wave heights” of the market. These sine waves produce signals that indicate when the portfolio should move in and out of ETFs and cash. This strategy is more aggressive than other similar Libertas strategies.0.7651
ModelxChangeNavellier & Associates, Inc.Navellier Tactical Global Allocation Plus6/30/2015 12:00:00 AM2.45654.52802.45652028Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20280.50000This is a growth strategy emphasizing capital preservation over investment return. Our goal is to outperform our benchmarks over complete market cycles, and to produce results that help advisors build stronger practices with their clients. This global strategy is a tactical, defensive portfolio that invests in nine equity sector ETFs, five international ETFs, five ETFs representing alternative investments, ten fixed income ETFs, and takes defensive positions by investing in an additional three bond ETFs staggered along the yield curve when conditions warrant. The strategy may invest in a cash equivalent, such as money market funds. The strategy uses sine waves to measure the “wave heights” of the market. These sine waves produce signals that indicate when the portfolio should move in and out of stock or bond ETFs. 0.8467
ModelxChangeNavellier & Associates, Inc.Navellier Tactical Global Allocation Plus featuring AlphaDEX6/30/2015 12:00:00 AM2.18973.26062.18977.05822029Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20290.50000This is a growth strategy emphasizing capital preservation over investment return. Our goal is to outperform our benchmarks over complete market cycles, and to produce results that help advisors build stronger practices with their clients. This global strategy is a tactical, defensive portfolio that invests in nine equity sector ETFs, five international ETFs, five ETFs representing alternative investments, ten fixed income ETFs, and takes defensive positions by investing in an additional three bond ETFs staggered along the yield curve when conditions warrant. The strategy may invest in a cash equivalent, such as money market funds. The strategy uses sine waves to measure the “wave heights” of the market. These sine waves produce signals that indicate when the portfolio should move in and out of stock or bond ETFs. 0.9758
ModelxChangeNavellier & Associates, Inc.Navellier Tactical U.S. Equity Sector Plus6/30/2015 12:00:00 AM3.688911.60513.688914.14062026Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20260.50000This is a growth strategy emphasizing capital preservation over investment return. Our goal is to outperform our benchmarks over complete market cycles, and to produce results that help advisors build stronger practices with their clients. The strategy is a tactical, defensive portfolio that invests in ten equity sector ETFs and takes defensive positions by investing in three bond ETFs staggered along the yield curve when conditions warrant. The strategy may invest in a cash equivalent, such as money market funds. The strategy uses sine waves to measure the “wave heights” of the market. These sine waves produce signals that indicate when the portfolio should move in and out of stock or bond ETFs. 0.9080
ModelxChangeNavellier & Associates, Inc.Navellier Tactical U.S. Equity Sector Plus featuring AlphaDEX6/30/2015 12:00:00 AM3.654610.61063.654615.30122027Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20270.50000This is a growth strategy emphasizing capital preservation over investment return. Our goal is to outperform our benchmarks over complete market cycles, and to produce results that help advisors build stronger practices with their clients. The strategy is a tactical, defensive portfolio that invests in ten equity sector ETFs and takes defensive positions by investing in three bond ETFs staggered along the yield curve when conditions warrant. The strategy may invest in a cash equivalent, such as money market funds. The strategy uses sine waves to measure the “wave heights” of the market. These sine waves produce signals that indicate when the portfolio should move in and out of stock or bond ETFs. 1.1664
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Balanced1173World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11730.25000The New Frontier ETF Global Balanced Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 60/40 stock/bond ratio. This portfolio is designed to provide current income and long term capital growth. The strategy invests in fifteen to twenty exchange traded funds. The New Frontier ETF Global Balanced Portfolio is a risk-targeted core investment optimized relative to a 60/40 stock/bond ratio. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. We choose quality ETFs that span investable global economic growth to construct the portfolios. 0.4817
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Balanced Growth1174World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11740.25000The New Frontier ETF Global Balanced Growth Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 75/25 stock/bond ratio. This portfolio is designed for long term capital growth with a secondary focus on current income. The strategy invests in fifteen to twenty exchange traded funds. The New Frontier ETF Global Balanced Growth Portfolio is a risk-targeted core investment optimized relative to a 75/25 stock/bond ratio. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. We choose quality ETFs that span investable global economic growth to construct the portfolios. 0.4795
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Balanced Growth Tax-Sensitive2015World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20150.25000The New Frontier ETF Global Balanced Growth Tax-Sensitive Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 75/25 stock/bond ratio. This portfolio is designed for long term capital growth with a secondary focus on current income in a taxable account. The strategy invests in fifteen to twenty-five exchange traded funds. New Frontier's tax-sensitive portfolios do not just replace treasuries with municipal bonds as most tax-sensitive strategies do. Taxes are considered at every step of our unique portfolio construction process. We structure our trade and rebalancing decisions to minimize tax effects. Going from broad to specific, this includes avoiding trading without benefit, minimizing turnover, offsetting positive with negative capital gains, favoring small capital losses to capital gains, and favoring long term capital gains to short term. Also, we use ETFs, which provide more tax efficiency than mutual funds.0.4822
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Balanced Income1172World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11720.25000The New Frontier ETF Global Balanced Income Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 40/60 stock/bond ratio. This portfolio is designed for investors seeking current income with the potential for long term capital growth. The strategy invests in fifteen to twenty exchange traded funds. The New Frontier ETF Global Balanced Income Portfolio is a risk-targeted core investment optimized relative to a 40/60 stock/bond ratio. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. We choose quality ETFs that span investable global economic growth to construct the portfolios. 0.4809
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Balanced Income Tax-Sensitive2013World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20130.25000The New Frontier ETF Global Balanced Income Tax-Sensitive Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 40/60 stock/bond ratio. This portfolio is designed for investors seeking current income and capital appreciation in a taxable account. The strategy invests in fifteen to twenty-five exchange traded funds. New Frontier's tax-sensitive portfolios do not just replace treasuries with municipal bonds as most tax-sensitive strategies do. Taxes are considered at every step of our unique portfolio construction process. We structure our trade and rebalancing decisions to minimize tax effects. Going from broad to specific, this includes avoiding trading without benefit, minimizing turnover, offsetting positive with negative capital gains, favoring small capital losses to capital gains, and favoring long term capital gains to short term. Also, we use ETFs, which provide more tax efficiency than mutual funds.0.4863
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Balanced Tax-Sensitive2014World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20140.25000The New Frontier ETF Global Balanced Tax-Sensitive Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 60/40 stock/bond ratio. This portfolio is designed to provide current income and long term capital growth in a taxable account. The strategy invests in fifteen to twenty-five exchange traded funds. New Frontier's tax-sensitive portfolios do not just replace treasuries with municipal bonds as most tax-sensitive strategies do. Taxes are considered at every step of our unique portfolio construction process. We structure our trade and rebalancing decisions to minimize tax effects. Going from broad to specific, this includes avoiding trading without benefit, minimizing turnover, offsetting positive with negative capital gains, favoring small capital losses to capital gains, and favoring long term capital gains to short term. Also, we use ETFs, which provide more tax efficiency than mutual funds.0.4867
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Equity1176World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11760.25000The New Frontier ETF Global Equity Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 100/0 stock/bond ratio. The all equity portfolio is designed to capture the growth of global equity markets over the long term. The strategy invests in ten to twenty exchange traded funds. The New Frontier ETF Global Equity Portfolio is a risk-targeted core investment optimized for all equity. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. We choose quality ETFs that span investable global economic growth to construct the portfolios. 0.4656
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Equity Tax-Sensitive Portfolio2017World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20170.25000The New Frontier ETF Global Equity Tax-Sensitive Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 100/0 stock/bond ratio. The all equity portfolio is designed to capture the growth of global equity markets over the long term in a taxable account. The strategy invests in ten to twenty-five exchange traded funds. New Frontier's tax-sensitive portfolios do not just replace treasuries with municipal bonds as most tax-sensitive strategies do. Taxes are considered at every step of our unique portfolio construction process. We structure our trade and rebalancing decisions to minimize tax effects. Going from broad to specific, this includes avoiding trading without benefit, minimizing turnover, offsetting positive with negative capital gains, favoring small capital losses to capital gains, and favoring long term capital gains to short term. Also, we use ETFs, which provide more tax efficiency than mutual funds.0.4687
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Growth1175World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11750.25000The New Frontier ETF Global Growth Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 90/10 stock/bond ratio. This portfolio is designed for long term capital growth. The strategy invests in fifteen to twenty exchanged traded funds. The New Frontier ETF Global Growth Portfolio is a risk-targeted core investment optimized relative to a 90/10 stock/bond ratio. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. We choose quality ETFs that span investable global economic growth to construct the portfolios. 0.4697
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Growth Tax-Sensitive2016World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20160.25000The New Frontier ETF Global Growth Tax-Sensitive Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 90/10 stock/bond ratio. This portfolio is designed for long term capital growth in a taxable account. The strategy invests in fifteen to twenty-five exchange traded funds. New Frontier's tax-sensitive portfolios do not just replace treasuries with municipal bonds as most tax-sensitive strategies do. Taxes are considered at every step of our unique portfolio construction process. We structure our trade and rebalancing decisions to minimize tax effects. Going from broad to specific, this includes avoiding trading without benefit, minimizing turnover, offsetting positive with negative capital gains, favoring small capital losses to capital gains, and favoring long term capital gains to short term. Also, we use ETFs, which provide more tax efficiency than mutual funds.0.4749
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Income1165World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11650.25000The New Frontier ETF Global Income Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 20/80 stock/bond ratio. This portfolio is designed for long term investors seeking current income. The strategy invests in fifteen to twenty exchange traded funds. The New Frontier ETF Global Income Portfolio is a risk-targeted core investment optimized relative to a 20/80 stock/bond ratio. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. We choose quality ETFs that span investable global economic growth to construct the portfolios. 0.4687
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Global Income Tax-Sensitive2012World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20120.25000The New Frontier ETF Global Income Tax-Sensitive Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a 20/80 stock/bond ratio. This portfolio is designed for investors seeking current income in a taxable account. The strategy invests in fifteen to twenty exchange traded funds. New Frontier's tax-sensitive portfolios do not just replace treasuries with municipal bonds as most tax-sensitive strategies do. Taxes are considered at every step of our unique portfolio construction process. We structure our trade and rebalancing decisions to minimize tax effects. Going from broad to specific, this includes avoiding trading without benefit, minimizing turnover, offsetting positive with negative capital gains, favoring small capital losses to capital gains, and favoring long term capital gains to short term. Also, we use ETFs, which provide more tax efficiency than mutual funds. 0.4740
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Matrix Fund A1941World Allocation0.35000The New Frontier ETF Matrix Fund A is a risk-targeted core investment, where the risk-target decreases over time. The portfolio is one of a family of funds designed to flexibly meet the needs of many investors while consistently decreasing their risk exposure over time. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. The portfolio consists of approximately 25 exchange traded funds optimized to a stock/bond ratio to invest in global and domestic markets. The ratio begins at 30/70 in 2015 and decreases by 2% equities per year until reaching a minimum ratio of 20/80, at which point the fund is transitioned to a static risk-target. 0.3500
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Matrix Fund B1946World Allocation0.35000The New Frontier ETF Matrix Fund B is a risk-targeted core investment, where the risk-target decreases over time. The portfolio is one of a family of funds designed to flexibly meet the needs of many investors while consistently decreasing their risk exposure over time. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. The portfolio consists of approximately 25 exchange traded funds optimized to a stock/bond ratio to invest in global and domestic markets. The ratio begins at 40/60 in 2015 and decreases by 2% equities per year until reaching a minimum ratio of 20/80, at which point the fund is transitioned to a static risk-target. 0.3500
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Matrix Fund C1947World Allocation0.35000The New Frontier ETF Matrix Fund C is a risk-targeted core investment, where the risk-target decreases over time. The portfolio is one of a family of funds designed to flexibly meet the needs of many investors while consistently decreasing their risk exposure over time. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. The portfolio consists of approximately 25 exchange traded funds optimized to a stock/bond ratio to invest in global and domestic markets. The ratio begins at 50/50 in 2015 and decreases by 2% equities per year until reaching a minimum ratio of 20/80, at which point the fund is transitioned to a static risk-target. 0.3500
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Matrix Fund D1948World Allocation0.35000The New Frontier ETF Matrix Fund D is a risk-targeted core investment, where the risk-target decreases over time. The portfolio is one of a family of funds designed to flexibly meet the needs of many investors while consistently decreasing their risk exposure over time. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. The portfolio consists of approximately 25 exchange traded funds optimized to a stock/bond ratio to invest in global and domestic markets. The ratio begins at 60/40 in 2015 and decreases by 2% equities per year until reaching a minimum ratio of 20/80, at which point the fund is transitioned to a static risk-target. 0.3500
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Matrix Fund E1949World Allocation0.35000The New Frontier ETF Matrix Fund E is a risk-targeted core investment, where the risk-target decreases over time. The portfolio is one of a family of funds designed to flexibly meet the needs of many investors while consistently decreasing their risk exposure over time. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. The portfolio consists of approximately 25 exchange traded funds optimized to a stock/bond ratio to invest in global and domestic markets. The ratio begins at 70/30 in 2015 and decreases by 2% equities per year until reaching a minimum ratio of 20/80, at which point the fund is transitioned to a static risk-target. 0.3500
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Matrix Fund F1950World Allocation0.35000The New Frontier ETF Matrix Fund F is a risk-targeted core investment, where the risk-target decreases over time. The portfolio is one of a family of funds designed to flexibly meet the needs of many investors while consistently decreasing their risk exposure over time. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. The portfolio consists of approximately 25 exchange traded funds optimized to a stock/bond ratio to invest in global and domestic markets. The ratio begins at 80/20 in 2015 and decreases by 2% equities per year until reaching a minimum ratio of 20/80, at which point the fund is transitioned to a static risk-target. 0.3500
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Matrix Fund G1951World Allocation0.35000The New Frontier ETF Matrix Fund G is a risk-targeted core investment, where the risk-target decreases over time. The portfolio is one of a family of funds designed to flexibly meet the needs of many investors while consistently decreasing their risk exposure over time. New Frontier employs our patented Michaud optimization and Michaud-Esch rebalancing test to structure and monitor the asset allocation. The portfolio consists of approximately 25 exchange traded funds optimized to a stock/bond ratio to invest in global and domestic markets. The ratio begins at 90/10 in 2015 and decreases by 2% equities per year until reaching a minimum ratio of 20/80, at which point the fund is transitioned to a static risk-target. 0.3500
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Multi Asset Income Balanced2004World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20040.35000The New Frontier ETF Multi Asset Income Balanced Portfolio is a global strategic core ETF portfolio optimized relative to a 60/40 stock/bond ratio. The portfolio is designed to meet the needs of investors who desire sustainable income over extended investment horizons with balanced risk. New Frontier’s Multi-Asset Income portfolios are global strategic core ETF model portfolios designed for investors who want both long-term performance and consistent income. New Frontier creates and maintains the portfolios at three strategic risk levels with a multi-patented, quantitative investment process. Since the portfolios aim for both market returns and income, they contain dividend-income-oriented ETFs as well as ETFs that offer significant diversification and risk management benefits. The resulting portfolios provide the opportunity to benefit from long-term price appreciation and enhanced income.0.6902
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Multi Asset Income Conservative2003World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20030.35000The New Frontier ETF Multi Asset Income Conservative Portfolio is a global strategic core ETF portfolio optimized relative to a 40/60 stock/bond ratio. The portfolio is designed to meet the needs of investors who desire sustainable income over extended investment horizons with minimal risk. New Frontier’s Multi-Asset Income portfolios are global strategic core ETF model portfolios designed for investors who want both long-term performance and consistent income. New Frontier creates and maintains the portfolios at three strategic risk levels with a multi-patented, quantitative investment process. Since the portfolios aim for both market returns and income, they contain dividend-income-oriented ETFs as well as ETFs that offer significant diversification and risk management benefits. The resulting portfolios provide the opportunity to benefit from long-term price appreciation and enhanced income. 0.6584
ModelxChangeNew Frontier AdvisorsNew Frontier ETF Multi Asset Income Growth2005World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20050.35000The New Frontier ETF Multi Asset Income Growth Portfolio is a global strategic core ETF portfolio optimized relative to a 75/25 stock/bond ratio. The portfolio is designed to meet the needs of investors who desire sustainable income over extended investment horizons. New Frontier’s Multi-Asset Income portfolios are global strategic core ETF model portfolios designed for investors who want both long-term performance and consistent income. New Frontier creates and maintains the portfolios at three strategic risk levels with a multi-patented, quantitative investment process. Since the portfolios aim for both market returns and income, they contain dividend-income-oriented ETFs as well as ETFs that offer significant diversification and risk management benefits. The resulting portfolios provide the opportunity to benefit from long-term price appreciation and enhanced income.0.7169
ModelxChangeNiemann Capital Management, Inc.NCM Dynamic6/30/2015 12:00:00 AM8.828510.996319.181715.80358.82854.984840.744416.8308-7.30298.872813.4413.271.381.171928Mid-Cap Growthhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19280.30000The objective of the NCM Dynamic strategy is to exploit intermediate trends in domestic markets by being fully invested in domestic-equity ETFs. NCM Dynamic takes an aggressive approach that seeks to outperform domestic benchmarks over complete market cycles. NCM Dynamic is typically diversified in a broad universe of domestic equity ETFs. NCM Dynamic is an aggressive growth strategy that emphasizes investment return over capital preservation. The NCM Dynamic strategy is a US-equity ETF Managed Portfolio that invests in ETF indexes, industries, sectors and alternatives. The strategy uses a rotational approach with tactical allocation, trend following and relative strength disciplines. Our ETF selection process includes our proprietary Risk-Balanced Opportunity™ calculation, which is similar to risk-adjusted return. The objective of the Dynamic strategy is to exploit intermediate-term trends in the US stock market with a fully invested approach in domestic-equity ETFs. Dynamic is an aggressive growth strategy that emphasizes investment return over capital preservation.0.7536
ModelxChangeNiemann Capital Management, Inc.NCM Global Opportunity6/30/2015 12:00:00 AM3.78426.012811.54655.18723.78422.964329.97703.6685-16.8930-2.05429.910.091.150.551929World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19290.30000The objective of NCM Global Opportunity (GO) is to exploit intermediate-term trends in both domestic and international markets while seeking to limit risk. GO is typically invested in positions from a broad universe of domestic and international equity, bond and alternative ETFs. The strategy will employ money market/cash positions during adverse market conditions to preserve assets. GO can be fully invested, partially in cash, completely in cash, or even utilize inverse ETFs as a hedge against existing long positions. This strategy cannot be net short. GO often will not follow U.S. stock market trends. GO is a growth strategy that employs multiple asset-class options worldwide, and emphasizes capital preservation over investment return. The NCM Global Opportunity strategy is a global multi-asset class ETF Managed Portfolio that invests in equity and fixed-income countries, industries and sectors. Our ETF selection process includes our proprietary Risk-Balanced Opportunity™ calculation, which is similar to risk-adjusted return. The objective of the Global Opportunity strategy is to exploit intermediate-term trends in domestic and international markets while seeking to limit risk. Global Opportunity is a growth strategy that employs multiple asset-class options worldwide, and emphasizes capital preservation over investment return.0.7620
ModelxChangeNiemann Capital Management, Inc.NCM Risk Managed6/30/2015 12:00:00 AM8.373912.959118.271010.35158.37398.176643.55683.6186-13.2096-1.219811.5311.181.520.931930Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19300.30000The objective of the NCM Risk Managed (RM) strategy is to exploit intermediate-term trends in the US equity market while seeking to limit risk. RM is typically invested in a broad universe of domestic equity ETFs, and will employ money market/cash positions during adverse market conditions to preserve assets. RM can be fully invested, partially in cash, completely in cash, or utilize inverse ETFs as a hedge against existing positions. This strategy cannot be net short. While RM may limit the overall losses suffered during major declines, it may also limit returns in advancing markets. However, the strategy seeks to outperform the S&P 500 TR Index over complete market cycles. RM is a growth strategy emphasizing capital preservation over investment return. The NCM Risk Managed strategy is a US-equity ETF Managed Portfolio that invests in domestic ETF indexes, industries, sectors and alternatives. The strategy uses a rotational approach with tactical allocation, trend following, relative strength and strict risk-management disciplines. Our ETF selection process includes our proprietary Risk-Balanced Opportunity™ calculation, which is similar to risk-adjusted return. The objective of the Risk Managed strategy is to exploit intermediate-term trends in the US stock market while seeking to limit risk. Risk Managed is a growth strategy emphasizing capital preservation over investment return.0.7224
ModelxChangeNiemann Capital Management, Inc.NCM Tactical Global Bond6/30/2015 12:00:00 AM-2.38441.53952.7590-2.38448.5405-3.37908.25718.05561931Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19310.30000The objective of NCM Tactical Global Bond (TGB) is to exploit intermediate-term trends in both domestic and international markets while seeking to limit risk. NCM Tactical Global Bond (TGB) is typically invested in positions from a broad universe of domestic and international fixed-income ETFs. The strategy will employ money market/cash positions during adverse market conditions to preserve assets. TGB can be fully invested, partially in cash or completely in cash. TGB often will not follow U.S. fixed-income market trends. TGB is most suitable for investors who seek capital appreciation in all market conditions. TGB is a moderate risk strategy that provides some income and the potential for moderate growth of principal.0.7210
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF GI6/30/2015 12:00:00 AM1.5168-0.92757.20708.04871.51682.422910.613512.7933-0.830612.24595.758.351.230.971202Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12020.00000Our goal is to create a portfolio that maximizes returns per unit of risk. To achieve that objective, we offer active, passive and blended solutions utilizing a robust portfolio construction process. We combine proprietary beta solutions with best-in-class external investment strategies in ways that seek to amplify their strengths and minimize portfolio risks to the inevitable shifts in market sentiment. Northern Focused Portfolios are designed to automatically diversify holdings across a selection of asset classes and investment styles. This disciplined blending emphasizes return potential while attempting to manage risk and help provide more consistent returns. A cross section of investment mandates are offered through an asset allocation of Northern Funds and Northern ETFs.0.18170.7805
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF GMI6/30/2015 12:00:00 AM1.9450-1.31528.18698.88831.94501.766613.066814.0640-2.701613.70706.9110.041.170.891203Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12030.00000Our goal is to create a portfolio that maximizes returns per unit of risk. To achieve that objective, we offer active, passive and blended solutions utilizing a robust portfolio construction process. We combine proprietary beta solutions with best-in-class external investment strategies in ways that seek to amplify their strengths and minimize portfolio risks to the inevitable shifts in market sentiment. Northern Focused Portfolios are designed to automatically diversify holdings across a selection of asset classes and investment styles. This disciplined blending emphasizes return potential while attempting to manage risk and help provide more consistent returns. A cross section of investment mandates are offered through an asset allocation of Northern Funds and Northern ETFs.0.20960.9150
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF IMG6/30/2015 12:00:00 AM1.0190-0.44025.84956.89251.01903.09157.353511.39611.187810.24524.516.31.271.081204Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12040.00000Our goal is to create a portfolio that maximizes returns per unit of risk. To achieve that objective, we offer active, passive and blended solutions utilizing a robust portfolio construction process. We combine proprietary beta solutions with best-in-class external investment strategies in ways that seek to amplify their strengths and minimize portfolio risks to the inevitable shifts in market sentiment. Northern Focused Portfolios are designed to automatically diversify holdings across a selection of asset classes and investment styles. This disciplined blending emphasizes return potential while attempting to manage risk and help provide more consistent returns. A cross section of investment mandates are offered through an asset allocation of Northern Funds and Northern ETFs.0.14920.6465
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF INC6/30/2015 12:00:00 AM0.53480.31844.29785.56940.53483.65643.82259.53913.61987.85983.224.121.311.331205Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12050.00000Our goal is to create a portfolio that maximizes returns per unit of risk. To achieve that objective, we offer active, passive and blended solutions utilizing a robust portfolio construction process. We combine proprietary beta solutions with best-in-class external investment strategies in ways that seek to amplify their strengths and minimize portfolio risks to the inevitable shifts in market sentiment. Northern Focused Portfolios are designed to automatically diversify holdings across a selection of asset classes and investment styles. This disciplined blending emphasizes return potential while attempting to manage risk and help provide more consistent returns. A cross section of investment mandates are offered through an asset allocation of Northern Funds and Northern ETFs.0.11420.5061
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF MG6/30/2015 12:00:00 AM2.2248-1.35599.35629.75322.22481.574015.787715.0709-4.690415.08837.9611.831.160.841206Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12060.00000Our goal is to create a portfolio that maximizes returns per unit of risk. To achieve that objective, we offer active, passive and blended solutions utilizing a robust portfolio construction process. We combine proprietary beta solutions with best-in-class external investment strategies in ways that seek to amplify their strengths and minimize portfolio risks to the inevitable shifts in market sentiment. Northern Focused Portfolios are designed to automatically diversify holdings across a selection of asset classes and investment styles. This disciplined blending emphasizes return potential while attempting to manage risk and help provide more consistent returns. A cross section of investment mandates are offered through an asset allocation of Northern Funds and Northern ETFs.0.23031.0069
ModelxChangeNorthern Trust Investments, Inc.NFPP AP AF GI6/30/2015 12:00:00 AM1.1056-0.93107.37018.31261.10563.127110.943913.0941-0.281712.18905.738.111.261.021207Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12070.00000Our goal is to create a portfolio that maximizes returns per unit of risk. To achieve that objective, we offer active, passive and blended solutions utilizing a robust portfolio construction process. We combine proprietary beta solutions with best-in-class external investment strategies in ways that seek to amplify their strengths and minimize portfolio risks to the inevitable shifts in market sentiment. Northern Focused Portfolios are designed