ModelxChange Performance and Statistics
Annualized ReturnsAnnual ReturnsStatisticsGeneral
TypeManagerNameAs Of
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Return
1 Year
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3 Year
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5 Year
Return
2014
Return
2013
Return
2012
Return
2011
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2010
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2009
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3 Year
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Deviation*
5 Year
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Deviation*
3 Year
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Ratio*
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NameModel IDStyleProfileManagement FeeMinimum
Investment
Strategy_descEst. 12b1Est. SubTATotal Model Expense
ModelxChange3D Asset Management3D Global ETF 100100Aggressive 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. 0.6811
ModelxChange3D Asset Management3D Global ETF 20108Conservative 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.0.6911
ModelxChange3D Asset Management3D Global ETF 40109Moderate 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. 0.6886
ModelxChange3D Asset Management3D Global ETF 60110Moderate 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. 0.6861
ModelxChange3D Asset Management3D Global ETF 80112Aggressive 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. 0.6836
ModelxChange3D Asset Management3D Global ETF Fixed Income676Retirement 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.0.6936
ModelxChange3D Asset Management3D Target 2015 Aggressive6/30/2014 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.0.6866
ModelxChange3D Asset Management3D Target 2015 Balanced6/30/2014 12:00:00 AM3.40339.82413.40337.6199728Target 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. 0.6894
ModelxChange3D Asset Management3D Target 2015 Conservative6/30/2014 12:00:00 AM2.43826.18522.43821.7851737Target 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. 0.6920
ModelxChange3D Asset Management3D Target 2020 Aggressive6/30/2014 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. 0.6841
ModelxChange3D Asset Management3D Target 2020 Balanced6/30/2014 12:00:00 AM4.094212.59004.0942828Target 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. 0.6874
ModelxChange3D Asset Management3D Target 2020 Conservative6/30/2014 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. 0.6907
ModelxChange3D Asset Management3D Target 2025 Aggressive6/30/2014 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. 0.6826
ModelxChange3D Asset Management3D Target 2025 Balanced6/30/2014 12:00:00 AM4.620813.70244.620813.2106729Target 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. 0.6860
ModelxChange3D Asset Management3D Target 2025 Conservative6/30/2014 12:00:00 AM3.28203.2820738Target 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. 0.6894
ModelxChange3D Asset Management3D Target 2030 Aggressive6/30/2014 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. 0.6817
ModelxChange3D Asset Management3D Target 2030 Balanced6/30/2014 12:00:00 AM4.940615.64074.9406829Target 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. 0.6851
ModelxChange3D Asset Management3D Target 2030 Conservative6/30/2014 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. 0.6885
ModelxChange3D Asset Management3D Target 2035 Aggressive6/30/2014 12:00:00 AM6.170120.40136.1701726Target 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. 0.6813
ModelxChange3D Asset Management3D Target 2035 Balanced6/30/2014 12:00:00 AM5.106816.11725.106816.1398731Target 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. 0.6846
ModelxChange3D Asset Management3D Target 2035 Conservative6/30/2014 12:00:00 AM3.78343.7834740Target 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. 0.6879
ModelxChange3D Asset Management3D Target 2045 Aggressive6/30/2014 12:00:00 AM6.11096.1109727Target 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. 0.6811
ModelxChange3D Asset Management3D Target 2045 Balanced6/30/2014 12:00:00 AM5.250816.49495.250817.2865733Target 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. 0.6842
ModelxChange3D Asset Management3D Target 2045 Conservative6/30/2014 12:00:00 AM4.031811.98744.031811.0117741Target 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. 0.6874
ModelxChange3D Asset Management3D Target 2055 Aggressive6/30/2014 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. 0.6811
ModelxChange3D Asset Management3D Target 2055 Balanced6/30/2014 12:00:00 AM5.110916.68475.1109830Target 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. 0.6842
ModelxChange3D Asset Management3D Target 2055 Conservative6/30/2014 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. 0.6873
ModelxChange3D Asset Management3D/Newfound PrudentPath 20156/30/2014 12:00:00 AM1472Target 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.0.8866
ModelxChange3D Asset Management3D/Newfound PrudentPath 20206/30/2014 12:00:00 AM1473Target 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.0.8840
ModelxChange3D Asset Management3D/Newfound PrudentPath 20256/30/2014 12:00:00 AM1474Target 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.0.8826
ModelxChange3D Asset Management3D/Newfound PrudentPath 20306/30/2014 12:00:00 AM1475Target 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.0.8817
ModelxChange3D Asset Management3D/Newfound PrudentPath 20356/30/2014 12:00:00 AM1476Target 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.0.8814
ModelxChange3D Asset Management3D/Newfound PrudentPath 20456/30/2014 12:00:00 AM1477Target 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.0.8812
ModelxChange3D Asset Management3D/Newfound PrudentPath 20556/30/2014 12:00:00 AM1478Target 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.0.8812
ModelxChange7th Harvest InvestmentsLTWA Absolute Income951Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9510.00000The 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. 2.0580
ModelxChange7th Harvest InvestmentsLTWA All Asset949Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9490.00000The 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. 0.2655
ModelxChange7th Harvest InvestmentsLTWA All Bond6/30/2014 12:00:00 AM1099Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10990.00000The 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. 0.2760
ModelxChange7th Harvest InvestmentsLTWA Conservative Allocation6/30/2014 12:00:00 AM4.974512.74357.68914.974511.768510.53060.58958.110.95909Conservative 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 Moderate 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.0.0665
ModelxChange7th Harvest InvestmentsLTWA Growth Allocation6/30/2014 12:00:00 AM6.580421.321510.78766.580419.152014.7613-1.258112.20.9907Target Date 2021-2025https://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.0.0690
ModelxChange7th Harvest InvestmentsLTWA Moderate Allocation6/30/2014 12:00:00 AM6.160716.51368.68306.160713.610910.53060.58958.71908Moderate 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.0.0770
ModelxChangeAlpha Investment Management, Inc.Alpha / The Formula6/30/2014 12:00:00 AM1.55685.99828.75591.556816.484911.79401.442711.060.811186Moderate 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.0.6500
ModelxChangeAlpha Investment Management, Inc.Alpha Bonds Strategy6/30/2014 12:00:00 AM2.35957.48334.89722.35952.04419.54432.580810.03334.751.02215Conservative 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.0.7920
ModelxChangeAlpha Investment Management, Inc.Alpha Mid-Cap Power Index Managed Account6/30/2014 12:00:00 AM2.19619.064710.16872.196120.168514.0760-1.371220.40229.361.08216Moderate 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 Strategy6/30/2014 12:00:00 AM1.64398.12343.94856.45741.64397.199413.7044-5.999710.17129.068.020.470.81217Moderate 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. 0.6200
ModelxChangeAris CorporationSelectOne Faith - 100 Percent Bonds714Nontraditional Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7140.30000The 100% Bonds portfolio is appropriate for investors who are seeking income. It is designed for participants with longer time horizons who can also tolerate minimal price fluctuations. The portfolio generally has a long term average target of 95 to 100 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the suitable candidates for investments, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.10900.10251.0678
ModelxChangeAris CorporationSelectOne Faith - 100 Percent Equities6/30/2014 12:00:00 AM6.34936.3493707Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7070.30000The 100 Percent Equities portfolio is appropriate for investors seeking principal appreciation. It is designed for participants with longer time horizons who can also tolerate very high levels of price fluctuations. The portfolio generally has a long term average target of 95 to 100 percent in equity or equity alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the suitable candidates for investments, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in equities/equity alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.14070.06751.2593
ModelxChangeAris CorporationSelectOne Faith - Aggressive6/30/2014 12:00:00 AM5.173717.55175.173720.3285709Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7090.30000The Aggressive portfolio is appropriate for investors seeking capital appreciation. It is designed for participants with longer time horizons who can also tolerate high levels of price fluctuations. The portfolio has a long term average target of 75 percent in equity or equity alternatives and 25 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the suitable candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 75 percent equities/equity alternatives and 25 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.12230.06851.2052
ModelxChangeAris CorporationSelectOne Faith - Conservative6/30/2014 12:00:00 AM4.199512.78654.199512.6179711Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7110.30000The Conservative portfolio is for investors seeking a balance between capital appreciation and income. It is for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio has a long term average target of 50 percent in equity or equity alternatives and 50 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 50 percent equities/equity alternatives and 50 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.10860.07201.1771
ModelxChangeAris CorporationSelectOne Faith - Moderate6/30/2014 12:00:00 AM4.733215.62554.733217.3433710Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7100.30000The Moderate portfolio is appropriate for investors seeking capital appreciation with some income. It is designed for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio has a long term average target of 65 percent in equity or equity alternatives and 35 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 65 percent equities/equity alternatives and 35 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens.0.11530.07451.1965
ModelxChangeAris CorporationSelectOne Faith - Ultra Conservative6/30/2014 12:00:00 AM713Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7130.30000The Ultra Conservative portfolio is for investors seeking income and, to a lesser degree, some capital appreciation. It is for participants with longer time horizons who can also tolerate modest price fluctuations. The portfolio has a long term average target of 20 percent in equity or equity alternatives and 80 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment results, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 20 percent equities/equity alternatives and 80 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.09420.08201.0836
ModelxChangeAris CorporationSelectOne Faith - Very Aggressive6/30/2014 12:00:00 AM5.54335.5433708Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7080.30000The Very Aggressive portfolio is appropriate for investors seeking capital appreciation. It is designed for participants with longer time horizons who can also tolerate high levels of price fluctuations. The portfolio has a long term average target of 85 percent in equity or equity alternatives and 15 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the suitable candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 85 percent equities/equity alternatives and 15 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.13200.07101.2242
ModelxChangeAris CorporationSelectOne Faith - Very Conservative6/30/2014 12:00:00 AM712Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7120.30000The Very Conservative portfolio is appropriate for investors seeking income with some principal appreciation. It is for participants with longer time horizons who can also tolerate modest price fluctuations. The portfolio has a long term average target of 40 percent in equity or equity alternatives and 60 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion, is undertaken to more specifically match investments with the Faith portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 40 percent equities/equity alternatives and 60 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as abortion and unrestricted embryonic stem cell research, may be undertaken to more specifically match investments with the Faith portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.11090.07801.1646
ModelxChangeAris CorporationSelectOne Retirement Income6/30/2014 12:00:00 AM1526Retirement Incomehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15260.30000To provide for a participant already in retirement. The mix of asset classes within the underlying portfolio is a very conservative allocation since the investor is already in retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today. 0.19470.10351.0431
ModelxChangeAris CorporationSelectOne Social - 100 Percent Bonds6/30/2014 12:00:00 AM706Nontraditional Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7060.30000The 100 Percent Bonds portfolio is appropriate for investors who are seeking income. It is designed for participants with longer time horizons who can also tolerate minimal price fluctuations. The portfolio generally has a long term average target of 95 to 100 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the suitable candidates for investments, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.10900.10251.0678
ModelxChangeAris CorporationSelectOne Social - 100 Percent Equities699Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6990.30000The 100 Percent Equities portfolio is appropriate for investors seeking principal appreciation. It is designed for participants with longer time horizons who can also tolerate high levels of price fluctuations. The portfolio generally has a long term average target of 95 to 100 percent in equity or equity alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the suitable candidates for investments, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in equities/equity alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.05750.08301.1546
ModelxChangeAris CorporationSelectOne Social - Aggressive6/30/2014 12:00:00 AM5.006516.55845.0065701Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7010.30000The Aggressive portfolio is appropriate for investors seeking capital appreciation. It is designed for participants with longer time horizons who can also tolerate high levels of price fluctuations. The portfolio has a long term average target of 75 percent in equity or equity alternatives and 25 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the suitable candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 75 percent in equities/equity alternatives and 25 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.05850.08201.1260
ModelxChangeAris CorporationSelectOne Social - Conservative6/30/2014 12:00:00 AM4.484312.66994.4843703Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7030.30000The Conservative portfolio is for investors seeking a balance between capital appreciation and income. It is for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio has a long term average target of 50 percent in equity or equity alternatives and 50 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 50 percent in equities/equity alternatives and 50 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.06200.08351.1106
ModelxChangeAris CorporationSelectOne Social - Moderate6/30/2014 12:00:00 AM4.742214.97324.7422702Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7020.30000The Moderate portfolio is appropriate for investors seeking capital appreciation with some income. It is for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio has a long term average target of 65 percent in equity or equity alternatives and 35 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 65 percent in equities/equity alternatives and 35 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens.0.06150.08551.1196
ModelxChangeAris CorporationSelectOne Social - Ultra Conservative6/30/2014 12:00:00 AM2.99186.75142.9918705Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7050.30000The Ultra Conservative portfolio is for investors seeking income and, to a lesser degree, some capital appreciation. It is for participants with longer time horizons who can also tolerate modest price fluctuations. The portfolio has a long term average target of 20 percent in equity or equity alternatives and 80 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for returns, risk and fees. Preference is given to investments that have superior risk adjusted investment results, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 20 percent in equities/equity alternatives and 80 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.07700.08551.0679
ModelxChangeAris CorporationSelectOne Social - Very Aggressive6/30/2014 12:00:00 AM5.376618.65875.3766700Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7000.30000The Very Aggressive portfolio is appropriate for investors seeking principal appreciation. It is designed for participants with longer time horizons who can also tolerate high levels of price fluctuations. The portfolio has a long term average target of 85 percent in equity or equity alternatives and 15 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the candidates for investment, additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 85 percent in equities/equity alternatives and 15 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.06600.08551.1594
ModelxChangeAris CorporationSelectOne Social - Very Conservative6/30/2014 12:00:00 AM3.996211.05613.9962704Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7040.30000The Very Conservative portfolio is for investors seeking income with some capital appreciation. It is for participants with longer time horizons who can also tolerate modest price fluctuations. The portfolio has a long term average target of 40 percent in equity or equity alternatives and 60 percent in fixed income or fixed income alternatives. Investments within the portfolio are screened for performance, risk and fees. Preference is given to investments that have superior risk adjusted investment performance, taking into consideration how the investment has performed in differing market climates. Among the candidates for investments additional consideration is given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, is undertaken to more specifically match investments with the Social portfolio criteria. Aris’ portfolio construction is a combination of traditional strategic asset allocation analysis, fundamental research on investment opportunities, and a top down, valuation based analysis of the capital markets. The portfolio’s long term strategic asset allocation is expected to average 40 percent in equities/equity alternatives and 60 percent in fixed income/fixed income alternatives. At any given time, variations from the long term averages typically result from the valuation based outlook for the capital markets. Specific investments that populate the strategy are continuously screened for their risk adjusted performance. When more than one investment alternative satisfies the investment selection and portfolio fit criteria, additional consideration may be given to funds that screen out companies that generate significant revenues from the sale of tobacco, alcohol, gambling, pornography/adult entertainment and weapons of mass destruction. Further screening, such as all weapons, animal rights and environmental, may be undertaken to more specifically match investments with the Social portfolio criteria. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. The goal is to have these screened portfolios meet their specified values screening in addition to meeting all of the required risk adjusted performance screens. 0.07150.08851.1093
ModelxChangeAris CorporationSelectOne Target 20106/30/2014 12:00:00 AM1520Target Date 2000-2010https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15200.30000To prepare a participant for retirement at or around 2010. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today. 0.19280.09981.0369
ModelxChangeAris CorporationSelectOne Target 20156/30/2014 12:00:00 AM1521Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15210.30000To prepare a participant for retirement at or around 2015. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today. 0.19540.10031.0472
ModelxChangeAris CorporationSelectOne Target 20206/30/2014 12:00:00 AM1522Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15220.30000To prepare a participant for retirement at or around 2020. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today.0.19770.09951.0568
ModelxChangeAris CorporationSelectOne Target 20256/30/2014 12:00:00 AM1445Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14450.30000To prepare a participant for retirement at or around 2025. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today.0.20030.09951.0670
ModelxChangeAris CorporationSelectOne Target 20306/30/2014 12:00:00 AM1523Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15230.30000To prepare a participant for retirement at or around 2030. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today. 0.20440.10051.0818
ModelxChangeAris CorporationSelectOne Target 20356/30/2014 12:00:00 AM1524Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15240.30000To prepare a participant for retirement at or around 2035. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today. 0.20610.09901.0873
ModelxChangeAris CorporationSelectOne Target 20406/30/2014 12:00:00 AM1525Target Date 2036-2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15250.30000To prepare a participant for retirement at or around 2040. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today. 0.20560.09981.0878
ModelxChangeAris CorporationSelectOne Target 20456/30/2014 12:00:00 AM1527Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15270.30000To prepare a participant for retirement at or around 2045. The mix of asset classes within the underlying portfolio is shifted over time from a more aggressive allocation during an investor’s early years to a more conservative allocation as the investor approaches retirement. Target-date funds offer investors an all-in-one allocation strategy that is based on their expected retirement year (target-date). The broad asset allocation mix for each individual fund within the target-date fund series is based on an established glide path. The Aris SelectOne Target Date series glide path is based on an analysis of industry averages and industry leaders, as well as Aris' decades of experience working closely with retirement plan participants. The goal of the glide path utilized is to provide participants with the highest possible likelihood of retirement success, by weighing investment growth opportunities with investment risks. In addition, these models offer investors access to portfolios that incorporate Aris' focus on risk management, capital market research, and manager selection expertise. The underlying investments are non-proprietary and comprised of best-of-breed mutual funds that are identified through Aris' rigorous due diligence process. Aris believes this multi-manager approach provides superior access and diversification when compared to the single fund family approach most common in the retirement plan market today. 0.20560.10051.0914
ModelxChangeAssetMarkAssetMark / Eaton Vance Absolute Return6/30/2014 12:00:00 AM1.41741.39350.66701.4174-1.30412.82890.90111.720.36428Conservative 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.0.25390.25001.7055
ModelxChangeAssetMarkAssetMark / Eaton Vance Growth6/30/2014 12:00:00 AM3.69199.32594.66333.69197.70127.4869-0.66406.030.78427Aggressive 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.0.25460.25001.6999
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate6/30/2014 12:00:00 AM2.06473.17711.38492.06470.25363.68610.48452.730.5425Moderate 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.0.25770.25001.7386
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate Conservative6/30/2014 12:00:00 AM1.36571.45120.92241.3657-0.88613.20161.13972.090.42424Moderate 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.0.25510.25001.7031
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate Growth6/30/2014 12:00:00 AM28.492832.142410.768028.49283.69065.06790.107915.350.73426Moderate 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.0.25740.25001.7163
ModelxChangeAssetMarkAssetMark / F-Squared AlphaSector Allocation Series Growth6/30/2014 12:00:00 AM1.947413.92361.947417.64951023Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10230.90000The 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 exposure and market-like returns in rising markets while managing risk in down markets -- in an effort to minimize the maximum drawdown through the combination of multiple asset classes including equity, fixed income, alternatives, and cash equivalent ETFs. Using a quantitatively driven process, the philosophy uses prices and volatility trends to determine whether to be exposed to a specific asset class or sector, or to hold cash.1.2567
ModelxChangeAssetMarkAssetMark / F-Squared AlphaSector Allocation Series Moderate6/30/2014 12:00:00 AM3.794313.31123.794313.78911022Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10220.90000The profile is designed for an investor who seeks to balance downside risks to capital and capital appreciation. The strategy seeks to provide exposure and market-like returns in rising markets while managing risk in down markets -- in an effort to minimize the maximum drawdown through the combination of multiple asset classes including equity, fixed income, alternatives, and cash equivalent ETFs. Using a quantitatively driven process, the philosophy uses prices and volatility trends to determine whether to be exposed to a specific asset class or sector, or to hold cash. 1.2482
ModelxChangeAssetMarkAssetMark / JP Morgan Absolute Return Conservative6/30/2014 12:00:00 AM1.78805.93153.60963.91101.78805.59145.2037-0.71312.66843.473.161.021.21420Conservative 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.0.25000.25001.7280
ModelxChangeAssetMarkAssetMark / JP Morgan Conservative6/30/2014 12:00:00 AM3.96095.78505.19657.44163.96092.591510.20662.19098.955117.03664.834.641.061.56417Conservative 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.0.25000.25001.3721
ModelxChangeAssetMarkAssetMark / JP Morgan Growth6/30/2014 12:00:00 AM5.763621.760512.025015.87255.763624.570018.0628-5.681415.366133.332913.7514.390.891.1419Aggressive 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.0.25000.25001.7642
ModelxChangeAssetMarkAssetMark / JP Morgan Moderate6/30/2014 12:00:00 AM4.952911.85018.354512.07034.952912.463415.4874-2.821213.632926.066510.3910.490.821.14418Moderate 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.0.25000.25001.6195
ModelxChangeAssetMarkAssetMark / Litman Gregory Moderate (Third-Party Mutual Funds)6/30/2014 12:00:00 AM2.639810.40247.295911.04952.63989.942613.49980.992711.294627.58831430Moderate 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. 0.21810.07321.5800
ModelxChangeAssetMarkAssetMark / New Frontier Conservative6/30/2014 12:00:00 AM4.79497.69135.49026.88724.79492.09866.11956.86658.15056.02473.473.541.551.88401Conservative 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. 0.6563
ModelxChangeAssetMarkAssetMark / New Frontier Growth6/30/2014 12:00:00 AM6.363220.87229.400014.33926.363218.742714.9364-5.198315.740829.790513.3714.120.741.02416Aggressive 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. 0.6318
ModelxChangeAssetMarkAssetMark / New Frontier Moderate6/30/2014 12:00:00 AM6.441715.46389.074212.31966.441710.530311.98303.086613.620017.79228.368.981.081.34415Moderate 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. 0.6540
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Conservative6/30/2014 12:00:00 AM5.09217.74375.25517.15445.09210.91417.53027.11246.369813.33584.314.541.21.53421Conservative 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. 0.6500
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Growth6/30/2014 12:00:00 AM6.189720.780210.391314.85076.189718.123016.1837-2.820215.616731.179612.8713.740.831.08423Aggressive 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.0.6892
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Moderate6/30/2014 12:00:00 AM5.596515.12698.472911.74185.596510.902212.86261.494211.562624.28428.959.570.951.2422Moderate 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.0.6717
ModelxChangeAssetMarkGPS Accumulation Neutral Conservative6/30/2014 12:00:00 AM4.73496.19053.03094.73490.61874.25303.590.84450Conservative 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 GFWM, 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.1.1627
ModelxChangeAssetMarkGPS Accumulation Neutral Growth6/30/2014 12:00:00 AM6.113513.55105.10936.113511.20115.90148.440.63454Aggressive 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 GFWM, 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.1.3667
ModelxChangeAssetMarkGPS Accumulation Neutral Moderate6/30/2014 12:00:00 AM4.67709.06143.63524.67705.92084.60475.790.64452Moderate 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 GFWM, 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.1.3201
ModelxChangeAssetMarkGPS Accumulation Neutral Moderate Conservative6/30/2014 12:00:00 AM5.29607.99703.64185.29603.90723.89454.550.8451Conservative 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 GFWM, 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.1.2322
ModelxChangeAssetMarkGPS Accumulation Neutral Moderate Growth6/30/2014 12:00:00 AM5.724211.19394.15715.72427.16885.22506.740.63453Moderate 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 GFWM, 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.1.3451
ModelxChangeAssetMarkGPS Focused Absolute Return1431Conservative 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.1.1700
ModelxChangeAurum Wealth Management GroupAggressive Balanced6/30/2014 12:00:00 AM4.314614.19594.314613.967810.9646608Moderate 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. 0.03000.6186
ModelxChangeAurum Wealth Management GroupAggressive Growth6/30/2014 12:00:00 AM5.348318.61025.348319.121612.5957609Aggressive 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 21 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. 0.03000.5051
ModelxChangeAurum Wealth Management GroupConservative Balanced6/30/2014 12:00:00 AM3.40028.49543.40026.14278.1883606Conservative 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. 0.02330.6778
ModelxChangeAurum Wealth Management GroupConservative Income6/30/2014 12:00:00 AM2.930628.62282.930624.29226.6838604Conservative 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+. 0.01650.6977
ModelxChangeAurum Wealth Management GroupModerate Balanced6/30/2014 12:00:00 AM3.816010.32013.81609.07969.7734607Moderate 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. 0.02700.6511
ModelxChangeBeaumont Capital ManagementBCM AlphaDEX Diversified Equity6/30/2014 12:00:00 AM4.290419.32994.290421.08576.9319182Large 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. 1.1565
ModelxChangeBeaumont Capital ManagementBCM AlphaDEX Growth6/30/2014 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.1.0662
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. 0.9960
ModelxChangeBeaumont Capital ManagementBCM AlphaDEX U.S. Sector Rotation6/30/2014 12:00:00 AM7.235025.686014.58007.235031.688112.00639.141.54188Aggressive 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.1.1934
ModelxChangeBeaumont Capital ManagementBCM Decathlon Conservative Tactics6/30/2014 12:00:00 AM1.73372.19241.73372.1702409Conservative 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. 0.8680
ModelxChangeBeaumont Capital ManagementBCM Decathlon Growth Tactics6/30/2014 12:00:00 AM3.894716.02673.89478.9933411Aggressive 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. 0.8240
ModelxChangeBeaumont Capital ManagementBCM Decathlon Moderate Tactics6/30/2014 12:00:00 AM2.36049.81442.36046.6365410Moderate 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. 0.8970
ModelxChangeBeaumont Capital ManagementBCM Diversified Equity6/30/2014 12:00:00 AM5.689918.591810.53565.689915.36759.391914.016219.79817.621.3581Large 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.0.7995
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 Global Sector Rotation6/30/2014 12:00:00 AM1.651815.81478.51631.651820.506610.39144.30389.280.9286World 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 Growth6/30/2014 12:00:00 AM3.913615.03138.80283.913612.93698.51527.493815.77076.231.3882Large 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. 0.7810
ModelxChangeBeaumont Capital ManagementBCM Income6/30/2014 12:00:00 AM1.77753.1035-20.71891.7775-0.1415-51.49854.29323.871230.87-0.5187Short-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. 0.6463
ModelxChangeBeaumont Capital ManagementBCM International Sector Rotation6/30/2014 12:00:00 AM5.250017.31332.74535.25005.337010.506511.820.2885Foreign 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. 1.0000
ModelxChangeBeaumont Capital ManagementBCM Moderate Growth6/30/2014 12:00:00 AM3.135612.05132.71313.13569.1904-5.140310.596015.05839.350.3383Moderate 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.0.7650
ModelxChangeBeaumont Capital ManagementBCM U.S. Sector Rotation6/30/2014 12:00:00 AM7.064023.525813.41367.064030.100111.67809.121.4384Aggressive 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.0.7745
ModelxChangeBeaumont Capital ManagementBCM U.S. Small Cap Sector Rotation6/30/2014 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. 0.8173
ModelxChangeBell Rock Capital, LLCBRC Aggressive6/30/2014 12:00:00 AM5.544426.663515.440919.28965.544436.155416.4494-1.493818.714432.028513.6314.311.121.311411Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14110.40000The portfolio objective is to outperform the Morningstar Aggressive benchmark. This portfolio uses risk analysis and targets a balance between fixed income and diversified equity vehicles. This portfolio seeks growth 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 aggressive returns.0.7465
ModelxChangeBell Rock Capital, LLCBRC Conservative6/30/2014 12:00:00 AM2.861321.352211.829112.43112.861327.684713.28813.36595.622937.48708.9110.881.31.131400Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14000.40000The 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.0.6560
ModelxChangeBell Rock Capital, LLCBRC Moderate6/30/2014 12:00:00 AM4.421725.871114.418416.27974.421734.115416.14270.385811.829036.978011.4512.481.241.271410Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14100.40000The portfolio objective is to outperform the Morningstar Moderate benchmark. This portfolio uses risk analysis and targets a balance between fixed income and diversified equity vehicles. This portfolio seeks 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 moderate returns.0.7131
ModelxChangeBrinker CapitalAggressive6/30/2014 12:00:00 AM4.991118.518610.148313.70794.991121.360514.4914-4.236813.838732.011711.3812.150.91.1217Aggressive 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. 0.19270.13201.5397
ModelxChangeBrinker CapitalAggressive Equity6/30/2014 12:00:00 AM5.116021.789611.882115.63325.116026.963615.7759-5.015715.634534.405113.4214.180.91.118Aggressive 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. 0.18870.13901.4777
ModelxChangeBrinker CapitalAggressive Equity ETF6/30/2014 12:00:00 AM5.890021.526911.27425.890024.367713.633420.190.6335Aggressive 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. 0.00620.6033
ModelxChangeBrinker CapitalAggressive ETF6/30/2014 12:00:00 AM5.734819.03549.64185.734819.052514.138810.90.934Aggressive 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. 0.02010.6117
ModelxChangeBrinker CapitalConservative6/30/2014 12:00:00 AM4.15348.57635.34997.19234.15345.37159.2409-1.50958.417116.62914.65.081.151.3812Conservative 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.0.20280.07431.3149
ModelxChangeBrinker CapitalConservative Government Focus6/30/2014 12:00:00 AM1.09640.70550.40591.10371.0964-2.07391.21191.95702.24410.22601.411.440.250.7219Conservative 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.0.03880.02660.6872
ModelxChangeBrinker CapitalConservative ETF6/30/2014 12:00:00 AM3.85838.515212.41703.85834.238234.238914.210.8830Conservative 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. 0.04000.00600.5834
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. 0.19390.05821.3205
ModelxChangeBrinker CapitalDefensive ETF6/30/2014 12:00:00 AM2.88615.04322.85722.88610.58004.87072.691.0429Conservative 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.0.05560.00750.6128
ModelxChangeBrinker CapitalModerate6/30/2014 12:00:00 AM4.946015.18448.328811.49834.946015.247812.4683-3.005612.072227.12198.739.410.961.29Moderate 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. 0.19610.10991.4780
ModelxChangeBrinker CapitalModerate ETF6/30/2014 12:00:00 AM5.044214.86027.02965.044213.35779.75278.420.8432Moderate 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. 0.03390.00680.6313
ModelxChangeBrinker CapitalModerately Aggressive6/30/2014 12:00:00 AM5.064216.91298.894012.63695.064218.117913.1766-3.109612.995329.58099.9510.670.91.1714Aggressive 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. 0.19340.12101.5037
ModelxChangeBrinker CapitalModerately Aggressive ETF6/30/2014 12:00:00 AM5.356916.79543.27245.356916.317811.641012.830.3133Moderate 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. 0.03140.00530.6223
ModelxChangeBrinker CapitalModerately Conservative6/30/2014 12:00:00 AM4.465011.00596.74348.35364.46508.988210.4298-3.40289.535618.90025.926.721.121.2213Moderate 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. 0.20060.08841.3695
ModelxChangeBrinker CapitalModerately Conservative ETF6/30/2014 12:00:00 AM4.324610.73425.44924.32467.30858.65265.70.9531Moderate 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. 0.03750.00530.5712
ModelxChangeCapital Insight Partners, LLCBalanced6/30/2014 12:00:00 AM1115Moderate 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.0.7697
ModelxChangeCapital Insight Partners, LLCEquity Emphasis6/30/2014 12:00:00 AM6.63836.63831117Moderate 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. 0.7656
ModelxChangeCapital Insight Partners, LLCFixed Income Emphasis6/30/2014 12:00:00 AM1116Conservative 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.0.7687
ModelxChangeCapital Management Services, Inc.Aggressive Blend6/30/2014 12:00:00 AM4.454622.906715.342921.59804.454630.061216.37113.189823.444346.224610.0213.121.481.561113Aggressive 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. 0.9336
ModelxChangeCapital Management Services, Inc.Bull/Bear6/30/2014 12:00:00 AM6.074424.62607.578615.97776.074429.38938.3571-10.537324.972629.910912.9815.210.631.051108Moderate 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.0.7893
ModelxChangeCapital Management Services, Inc.Bull/Calendar6/30/2014 12:00:00 AM5.879423.272010.128817.62825.879428.21938.1408-2.768524.972638.719012.2414.790.851.171109Moderate 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.0.7563
ModelxChangeCapital Management Services, Inc.Calendar Effects6/30/2014 12:00:00 AM0.53411.66064.26685.88090.53413.93115.229417.075011.793810.51736.177.230.70.82718Conservative 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).0.6890
ModelxChangeCapital Management Services, Inc.Conservative Blend6/30/2014 12:00:00 AM4.616710.89777.619310.91734.616710.99116.61838.674312.915918.23284.756.41.561.651111Conservative 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. 0.7710
ModelxChangeCapital Management Services, Inc.Conservative/Moderate Blend6/30/2014 12:00:00 AM4.223212.285411.770614.09134.223213.754010.502314.223613.079823.60634.886.572.32.041043Moderate 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.0.8182
ModelxChangeCapital Management Services, Inc.Leveraged Sector Rotation6/30/2014 12:00:00 AM9.569534.604926.133630.46049.569542.95689.450032.459920.252336.610814.1316.911.721.671275Miscellaneous 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.1.4500
ModelxChangeCapital Management Services, Inc.Long/Cash6/30/2014 12:00:00 AM2.600518.440911.720017.70472.600523.769224.0547-9.823622.856649.278812.8214.660.931.19969Aggressive 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.0.7893
ModelxChangeCapital Management Services, Inc.Long/Short6/30/2014 12:00:00 AM-0.805811.83759.102915.5197-0.805818.613232.0107-17.563222.668659.046814.4316.060.670.981103Long/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. 0.7761
ModelxChangeCapital Management Services, Inc.Moderate/Aggressive Blend6/30/2014 12:00:00 AM3.477110.774411.204913.66233.477112.540212.332411.812913.154126.02014.736.422.272.021112Aggressive 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. 0.8182
ModelxChangeCapital Management Services, Inc.Moderate/Aggressive Blend - All Equity6/30/2014 12:00:00 AM3.245815.294411.043415.59913.245819.250211.14628.146019.189430.10867.219.41.491.591287Aggressive 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. 0.8070
ModelxChangeCapital Management Services, Inc.Multi-Sector Bond6/30/2014 12:00:00 AM4.57043.66718.28458.69194.5704-1.83915.630120.88111.108112.94585.525.871.461.44968Multisector 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.0.8335
ModelxChangeCapital Management Services, Inc.Risk-Managed High Equity6/30/2014 12:00:00 AM5.861820.445514.091317.27055.861823.83109.260410.418413.185226.98718.3110.881.631.52715Aggressive 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 2014, 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.0.7937
ModelxChangeCapital Management Services, Inc.Risk-Managed Low Equity6/30/2014 12:00:00 AM3.008514.41867.59529.27243.008510.75675.27847.63549.425712.84684.224.371.752.04717Conservative 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 2014, 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.0.8026
ModelxChangeCapital Management Services, Inc.Risk-Managed Medium Equity6/30/2014 12:00:00 AM4.451615.03419.853712.71344.451615.20046.24409.104511.508419.86335.517.151.731.71716Moderate 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 2014, 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.0.8070
ModelxChangeCapital Management Services, Inc.Sector Rotation6/30/2014 12:00:00 AM8.417025.581420.755422.43258.417029.20517.376428.628815.473721.52919.6311.262.021.86967Miscellaneous 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.0.9600
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. 0.04451.3809
ModelxChangeClark Capital Management GroupNavigator Fixed Income Total Return6/30/2014 12:00:00 AM4.50057.97899.739514.12834.50055.02549.583314.517814.871641.31224.596.172.042.17101High 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. 0.9416
ModelxChangeClark Capital Management GroupNavigator Global Balanced 20-80 Hedged106Conservative 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.1.1486
ModelxChangeClark Capital Management GroupNavigator Global Balanced 40-60 Hedged6/30/2014 12:00:00 AM3.39389.28784.74809.24413.39385.88087.2778-0.575312.461733.90295.9870.81.29105Moderate 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.1.3557
ModelxChangeClark Capital Management GroupNavigator Global Balanced 60-40 Hedged6/30/2014 12:00:00 AM3.20599.27052.96067.24363.20596.07924.4688-4.286511.261030.19146.677.560.460.95104Moderate 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.1.5627
ModelxChangeClark Capital Management GroupNavigator Global Balanced 80-20 Hedged6/30/2014 12:00:00 AM2.10219.73992.71696.20122.10219.68472.7461-6.758310.060226.47998.238.670.360.73103Aggressive 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.1.7698
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.0.9363
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.0.7901
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Aggressive (85-100)45Aggressive 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.0.40001.4287
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Conservative (30-44)61Conservative 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.0.31151.2325
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderate (60-74)59Moderate 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.0.37751.3756
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderately Aggressive (75-84)58Aggressive 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.0.38501.4063
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderately Conservative (45-59)60Conservative 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.0.35351.3310
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Conservative (45-54)64Conservative 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.0.33401.4087
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Moderate (65-75)62Moderate 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.0.37451.5076
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Moderately Conservative (55-64)63Conservative 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 some0.35801.4586
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Aggressive 100 (95-100)68Aggressive 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.0.4335
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Aggressive 90 (85-94)69Aggressive 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.0.4736
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Conservative 30 (30-34)75Conservative 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.0.6100
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderate 60 (55-64)72Moderate 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.0.5830
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderate 70 (65-74)71Moderate 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.0.5399
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderately Aggressive 80 (75-84)70Aggressive 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.0.5091
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderately Conservative 40 (35-44)74Conservative 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.0.6229
ModelxChangeCLS Investments, LLCCLS ETF Investment Strategy - Moderately Conservative 50 (45-54)73Conservative 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.0.6170
ModelxChangeEfficient Market Advisors, LLC11-19 Year Aggressive6/30/2014 12:00:00 AM5.078017.895510.236314.74915.078019.444313.7191-1.069715.597325.789610.911.950.951.21203Aggressive 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) 0.7593
ModelxChangeEfficient Market Advisors, LLC11-19 Year Conservative6/30/2014 12:00:00 AM4.573015.58879.657713.69614.573016.975112.94350.332615.096627.69939.3710.151.031.31201Moderate 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)0.7713
ModelxChangeEfficient Market Advisors, LLC11-19 Year Moderate6/30/2014 12:00:00 AM4.617216.41659.381913.80064.617217.682912.6542-0.895015.249626.740110.2511.020.921.23202Moderate 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) 0.7654
ModelxChangeEfficient Market Advisors, LLC2-5 Year Aggressive6/30/2014 12:00:00 AM3.998612.94487.547211.95713.998612.918911.2164-0.202113.864122.88118.569.310.891.26197Moderate 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)0.8109
ModelxChangeEfficient Market Advisors, LLC2-5 Year Conservative6/30/2014 12:00:00 AM3.29429.50936.09178.94263.29427.80719.71291.45899.814516.52466.096.480.991.35195Conservative 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)0.8172
ModelxChangeEfficient Market Advisors, LLC2-5 Year Moderate6/30/2014 12:00:00 AM4.170813.05717.278710.86174.170812.21978.14162.386612.067237.79467.497.980.971.33196Moderate 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)0.8101
ModelxChangeEfficient Market Advisors, LLC20+ Year Aggressive6/30/2014 12:00:00 AM5.281320.788011.285315.02515.281321.450416.0161-5.446317.464030.995112.8213.40.91.11206Aggressive 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)0.7294
ModelxChangeEfficient Market Advisors, LLC20+ Year Conservative6/30/2014 12:00:00 AM5.402718.555810.919815.25425.402719.246815.4737-0.501516.880626.302211.3812.050.971.24204Aggressive 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) 0.7546
ModelxChangeEfficient Market Advisors, LLC20+ Year Moderate6/30/2014 12:00:00 AM5.344119.549911.428715.85425.344122.620714.6340-1.212316.825227.756012.0812.90.951.21205Aggressive 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)0.7375
ModelxChangeEfficient Market Advisors, LLC6-10 Year Aggressive6/30/2014 12:00:00 AM4.571015.22097.843712.72124.571016.140911.5349-2.651115.333026.77808.9410.260.881.22200Moderate 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) 0.7758
ModelxChangeEfficient Market Advisors, LLC6-10 Year Conservative6/30/2014 12:00:00 AM4.521012.837411.165313.38314.521011.139222.76780.672012.008419.874310.559.731.051.34198Moderate 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)0.8071
ModelxChangeEfficient Market Advisors, LLC6-10 Year Moderate6/30/2014 12:00:00 AM4.305014.20957.591011.58364.305014.52149.5868-0.108712.592022.38388.949.770.861.17199Moderate 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)0.7849
ModelxChangeEfficient Market Advisors, LLCTaking Income Aggressive194Conservative 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)0.8573
ModelxChangeEfficient Market Advisors, LLCTaking Income Conservative6/30/2014 12:00:00 AM2.88266.53584.41286.75602.88264.80376.29022.58547.484411.44743.74.161.171.58192Conservative 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)0.8610
ModelxChangeEfficient Market Advisors, LLCTaking Income Moderate6/30/2014 12:00:00 AM2.97498.41056.31328.29992.97499.19618.02972.10858.252314.44304.534.91.361.64193Conservative 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) 0.8553
ModelxChangeETF Model Solutions, LLCETF-MS Global Equity Model6/30/2014 12:00:00 AM5.077618.83339.090514.84785.077618.631214.7188-4.992017.713839.166113.4614.150.711.051185World 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, as they are likely 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.0.6654
ModelxChangeETF Model Solutions, LLCETF-MS Global Fixed Income Model6/30/2014 12:00:00 AM3.01356.65726.60299.71483.01353.244613.58423.880911.149738.73825.745.691.141.651217World 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 will overweight core or satellite holdings during various stages of secular interest rate cycles.0.8240
ModelxChangeETF Model Solutions, LLCETF-MS Global Multi-Asset Income Model6/30/2014 12:00:00 AM6.74019.82977.140713.27206.74015.751415.4792-0.721117.208145.45319.610.180.761.271234Multisector 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. 1.5410
ModelxChangeETF Model Solutions, LLCETF-MS Hedge Fund of Funds Model6/30/2014 12:00:00 AM2.80777.78894.89987.26362.80777.73437.2699-1.41478.84824.665.331.041.331237Multialternativehttps://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.0.17950.09251.7703
ModelxChangeETF Model Solutions, LLCETF-MS Private Equity Model6/30/2014 12:00:00 AM2.554913.152610.824816.70682.554922.290018.0272-1.794920.103342.516711.5412.10.951.341236Aggressive 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.1.2926
ModelxChangeETF Model Solutions, LLCETF-MS Real Asset Model6/30/2014 12:00:00 AM7.45259.13224.993111.68437.45252.755511.9365-1.588916.549236.610410.5610.880.511.071235Inflation-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, etc. 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.0.01251.2093
ModelxChangeETF Model Solutions, LLCETF-MS Short Duration Fixed Income Model6/30/2014 12:00:00 AM2.61984.52623.30915.52332.6198-0.68197.25783.28796.713221.19913.263.2211.661218Short-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. 0.6900
ModelxChangeHighland Capital Management, LLCHighland Balanced Strategy (ETFs)6/30/2014 12:00:00 AM3.759112.11943.759112.45918.3992623Target Date 2016-2020https://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. 0.6844
ModelxChangeHighland Capital Management, LLCHighland Conservative Strategy (ETFs)6/30/2014 12:00:00 AM3.03357.55143.03356.34805.5223622Conservative 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. 0.6530
ModelxChangeHighland Capital Management, LLCHighland Growth Strategy (ETFs)6/30/2014 12:00:00 AM5.277617.41425.277617.606911.3073624Moderate Allocationhttps://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. 0.7338
ModelxChangeHighland Capital Management, LLCHighland International Balanced Strategy (ETFs)6/30/2014 12:00:00 AM3.97033.9703972Moderate 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. 0.9279
ModelxChangeHighland Capital Management, LLCHighland Tactical Income Strategy (ETFs)6/30/2014 12:00:00 AM6.342312.86246.3423790Short-Term Bondhttps://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. 0.8334
ModelxChangeHighland Capital Management, LLCHighland Ultra Aggressive Strategy (ETFs)6/30/2014 12:00:00 AM973World Stockhttps://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. 0.6791
ModelxChangeHighland Capital Management, LLCHighland Ultra Conservative Strategy (ETFs)6/30/2014 12:00:00 AM1.57231.5723971Short-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. 0.6568
ModelxChangeHighland Capital Management, LLCHighland US Focused Equity Strategy (ETFs)6/30/2014 12:00:00 AM6.39416.39411135Aggressive 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. 0.5826
ModelxChangeHorizon Investments, LLCHorizon ETF Conservation Plus6/30/2014 12:00:00 AM3.89087.54625.88238.09053.89085.32754.20498.47409.285313.73762.453.092.332.5151Conservative 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.0.7323
ModelxChangeHorizon Investments, LLCHorizon ETF Conservative6/30/2014 12:00:00 AM3.864210.19716.81799.90193.86429.84986.22075.801611.956418.47794.094.961.631.9250Conservative 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.0.7203
ModelxChangeHorizon Investments, LLCHorizon ETF Focused6/30/2014 12:00:00 AM3.691718.277411.555116.82343.691727.295510.91702.635317.894332.807812.0712.90.961.2746Aggressive 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.0.6844
ModelxChangeHorizon Investments, LLCHorizon ETF Focused with Risk Assist6/30/2014 12:00:00 AM3.283717.81827.589713.89833.283727.72094.9299-2.622115.749027.59949.1611.540.841.1852Aggressive 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.0.7844
ModelxChangeHorizon Investments, LLCHorizon ETF Growth6/30/2014 12:00:00 AM3.520115.80249.804414.73303.520122.94808.62632.924116.412529.33949.7210.711.011.3447Aggressive 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.0.6934
ModelxChangeHorizon Investments, LLCHorizon ETF Growth with Risk Assist6/30/2014 12:00:00 AM3.654316.16047.685112.99893.654322.72506.1466-0.616716.377822.88617.589.541.011.3353Aggressive 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.0.7934
ModelxChangeHorizon Investments, LLCHorizon ETF Moderate6/30/2014 12:00:00 AM3.567213.32639.762410.45093.567215.68916.02958.47409.285313.73764.984.51.892.2348Moderate 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.0.7053
ModelxChangeHorizon Investments, LLCHorizon ETF Moderate with Risk Assist6/30/2014 12:00:00 AM3.918713.61488.721912.07903.918717.22675.32626.652814.291117.44825.236.961.621.6754Moderate 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.0.8053
ModelxChangeInterServ, LLC2011-2020 Aggressive Portfolio-A155Target 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 of 0.25%. 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. 0.22890.08920.9125
ModelxChangeInterServ, LLC2011-2020 Aggressive Portfolio-Institutional6/30/2014 12:00:00 AM5.226315.973911.378115.52245.226315.548819.07010.617317.109390Target 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. 0.05110.5362
ModelxChangeInterServ, LLC2011-2020 Conservative Portfolio-A153Target 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. 0.22910.09511.0339
ModelxChangeInterServ, LLC2011-2020 Conservative Portfolio-Institutional6/30/2014 12:00:00 AM4.09389.14455.33807.36554.09384.19896.94363.72448.55823.613.781.451.8888Target 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. 0.04530.6668
ModelxChangeInterServ, LLC2011-2020 Moderate Portfolio-A6/30/2014 12:00:00 AM5.064611.91828.042210.56155.06469.32559.92213.892911.417121.01915.845.961.351.71154Target 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. 0.23020.09080.9677
ModelxChangeInterServ, LLC2011-2020 Moderate Portfolio-Institutional6/30/2014 12:00:00 AM4.973511.69845.72779.82864.97358.091710.1272-1.428012.65545.616.641.011.4489Target 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. 0.04600.5918
ModelxChangeInterServ, LLC2021-2030 Aggressive Portfolio-A6/30/2014 12:00:00 AM5.173916.819010.629615.24835.173918.261814.67580.310117.482730.584010.4911.051.011.34158Target 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. 0.22420.08190.8809
ModelxChangeInterServ, LLC2021-2030 Aggressive Portfolio-Institutional6/30/2014 12:00:00 AM5.684117.23959.887315.15705.684116.915114.1804-0.602817.939811.111.880.91.2593Target 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. 0.04830.4997
ModelxChangeInterServ, LLC2021-2030 Conservative Portfolio-A156Target 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. 0.22860.09331.0128
ModelxChangeInterServ, LLC2021-2030 Conservative Portfolio-Institutional6/30/2014 12:00:00 AM4.68868.58385.37507.96624.68864.05137.31293.42939.53934.434.671.191.6591Target 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. 0.04540.6244
ModelxChangeInterServ, LLC2021-2030 Moderate Portfolio-A6/30/2014 12:00:00 AM5.359514.16379.369812.66005.359512.823311.59283.228313.982925.39067.387.821.251.56157Target 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. 0.23020.08890.9240
ModelxChangeInterServ, LLC2021-2030 Moderate Portfolio-Institutional6/30/2014 12:00:00 AM5.355713.81926.471111.36525.355710.394212.0482-2.939514.85077.488.540.871.392Target 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. 0.04920.5468
ModelxChangeInterServ, LLC2031-2040 Aggressive Portfolio-A6/30/2014 12:00:00 AM5.667118.293411.239916.10115.667120.334515.4504-0.709318.284531.877611.6112.180.971.29161Target 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. 0.23850.07850.8741
ModelxChangeInterServ, LLC2031-2040 Aggressive Portfolio-Institutional6/30/2014 12:00:00 AM5.971720.314713.405217.78405.971720.307422.8401-1.349818.696696Target 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. 0.05430.4911
ModelxChangeInterServ, LLC2031-2040 Conservative Portfolio-A6/30/2014 12:00:00 AM5.119510.88477.07229.56245.11957.33848.93523.615010.669320.02045.185.31.341.74159Target 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. 0.22930.08870.9599
ModelxChangeInterServ, LLC2031-2040 Conservative Portfolio-Institutional6/30/2014 12:00:00 AM5.042710.43326.47179.63445.04276.20799.43572.644911.37405.886.21.091.5194Target 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. 0.04720.5795
ModelxChangeInterServ, LLC2031-2040 Moderate Portfolio-A6/30/2014 12:00:00 AM5.358915.868510.547914.44455.358915.684313.10973.148316.114728.36988.799.431.181.48160Target 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. 0.22510.08290.8873
ModelxChangeInterServ, LLC2031-2040 Moderate Portfolio-Institutional6/30/2014 12:00:00 AM5.551715.83779.002113.95175.551714.204413.4444-0.216616.86228.659.921.041.3795Target 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. 0.04870.5065
ModelxChangeInterServ, LLC2041-2050 Aggressive Portfolio-A6/30/2014 12:00:00 AM5.554218.896411.914016.81855.554223.003915.8688-1.179718.862532.369412.1112.770.991.28164Target 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. 0.24390.07950.8761
ModelxChangeInterServ, LLC2041-2050 Aggressive Portfolio-Institutional6/30/2014 12:00:00 AM5.718617.196110.037115.91625.718618.333214.9059-1.695319.191212.413.310.831.1899Target 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. 0.05800.4944
ModelxChangeInterServ, LLC2041-2050 Conservative Portfolio-A6/30/2014 12:00:00 AM5.472612.38957.935310.91305.47269.180910.60542.861912.248123.04876.466.611.211.59162Target 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. 0.22710.08820.8984
ModelxChangeInterServ, LLC2041-2050 Conservative Portfolio-Institutional6/30/2014 12:00:00 AM5.544112.10437.298610.83025.54418.190310.54121.991712.71777.177.461.011.4197Target 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. 0.05260.5311
ModelxChangeInterServ, LLC2041-2050 Moderate Portfolio-A6/30/2014 12:00:00 AM5.559216.731811.125915.44045.559217.125613.94632.876417.286930.27499.6210.41.141.43163Target 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. 0.23400.08260.8829
ModelxChangeInterServ, LLC2041-2050 Moderate Portfolio-Institutional6/30/2014 12:00:00 AM5.877216.77468.969114.38025.877215.624214.0319-2.136017.59739.1210.580.981.3298Target 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. 0.05360.5034
ModelxChangeInterServ, LLC2051-2060 Aggressive Portfolio-Institutional1358Target 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. 0.05910.5000
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. 0.05090.5223
ModelxChangeInterServ, LLC2051-2060 Moderate Portfolio-Institutional1357Target 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. 0.05420.4919
ModelxChangeiSectorsiSectors Capital Preservation Allocation6/30/2014 12:00:00 AM1.24793.54183.73891.24792.11894.96795.59003.97521.472.46176Short-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. 0.3875
ModelxChangeiSectorsiSectors Domestic Equity Allocation1442Aggressive 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. 0.5215
ModelxChangeiSectorsiSectors Endowment Allocation187Moderate 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. 0.05760.02101.3619
ModelxChangeiSectorsiSectors Global Balanced Allocation6/30/2014 12:00:00 AM4.225313.16517.987911.80244.225313.097312.4627-0.113112.60958.639.50.931.22181Moderate 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. 0.5682
ModelxChangeiSectorsiSectors Global Conservative Allocation6/30/2014 12:00:00 AM4.91068.753310.63753.508010.3989180Moderate 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. 0.5630
ModelxChangeiSectorsiSectors Global Equity Allocation6/30/2014 12:00:00 AM6.907121.636411.63816.907122.884214.2913-2.259317.092212.890.92185Aggressive 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. 0.5780
ModelxChangeiSectorsiSectors Global Fixed Income Allocation6/30/2014 12:00:00 AM2.35054.71912.93604.92782.3505-2.50996.32867.00015.85194.094.320.711.12186Conservative 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. 0.5584
ModelxChangeiSectorsiSectors Global Growth Allocation6/30/2014 12:00:00 AM5.119316.551610.38935.119317.574512.80041.681814.866510.470.99183Aggressive 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. 0.5734
ModelxChangeiSectorsiSectors Inflation Protection Allocation6/30/2014 12:00:00 AM5.84647.1128-0.53455.8464-8.09953.61220.903117.356510.02-0.01190Moderate 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.1.5780
ModelxChangeiSectorsiSectors Liquid Alternatives Allocation6/30/2014 12:00:00 AM4.398510.10781.60155.09834.39852.43415.3082-5.492210.05857.37.590.250.68189Moderate 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.0.09600.03501.8111
ModelxChangeiSectorsiSectors Post-MPT Growth Allocation1443Aggressive 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. 0.9320
ModelxChangeiSectorsiSectors Post-MPT Moderate Allocation6/30/2014 12:00:00 AM13.510321.447715.321814.724113.510315.28944.048113.59378.58203.71086.79.112.171.55346Moderate 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.0.7348
ModelxChangeiSectorsiSectors Precious Metals Allocation6/30/2014 12:00:00 AM12.404912.7006-5.824612.4049-23.74484.6837-2.346023.21-0.15179Commodities 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
ModelxChangeiSectorsiSectors Tactical Global Balanced Allocation6/30/2014 12:00:00 AM4.507813.82691.72534.50785.1844-2.18352.23967.430.26191Moderate 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. 0.5275
ModelxChangeiSectorsiSectors Tactical International Allocation958Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9580.30000The iSectors® Tactical International Allocation is designed to help investors diversify their portfolios into international markets and participate in worldwide economic growth. Although international and emerging markets can be volatile, iSectors believes these markets move in identifiable trends based upon the respective countries’ trade, fiscal, and monetary policies. The proprietary momentum-based algorithm is designed to position the model to profit from these trends. In an effort to reduce volatility and increase returns, the algorithm will allocate up to 100% to cash or short-term bonds during periods when international equity securities do not meet the momentum-based investment criteria. The model will allocate up to 10% of the overall portfolio to any single country, regional, or diversified international exchange-traded fund (ETF?) at any given time, subject to a maximum of 10 securities, at which point the model will be 100% invested (subject to a 2% cash position for liquidity purposes). The algorithm is applied with updated data and the model rebalanced accordingly on a monthly basis. 0.6440
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.0.10250.12401.3015
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.0.11750.15001.4000
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.0.10500.13801.3337
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 16/30/2014 12:00:00 AM1495Conservative 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.0.01250.07751.0860
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 26/30/2014 12:00:00 AM1496Moderate 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.0.12500.09251.2457
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 36/30/2014 12:00:00 AM1497Moderate 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.0.04500.14251.2145
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 46/30/2014 12:00:00 AM1498Moderate 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.0.06500.16751.2740
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 56/30/2014 12:00:00 AM1499Aggressive 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.0.13250.12001.4475
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.0.03500.05551.1675
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Conservative57World 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.0.9452
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.0.9528
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Income1537Conservative 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.0.9312
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Moderate56World 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.0.9512
ModelxChangeLoring Ward1. Loring Ward Global Defensive DFA1501Conservative 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.0.4675
ModelxChangeLoring Ward2. Loring Ward Global Conservative DFA1502Conservative 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.0.4874
ModelxChangeLoring Ward3. Loring Ward Global Balanced DFA1503Moderate 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.0.5032
ModelxChangeLoring Ward4. Loring Ward Global Moderate DFA1504Moderate 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.0.5224
ModelxChangeLoring Ward5. Loring Ward Global Moderate Growth DFA1505Moderate 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.0.5319
ModelxChangeLoring Ward6. Loring Ward Global Capital Appreciation DFA1506Aggressive 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.0.5455
ModelxChangeLoring Ward7. Loring Ward Global Equity DFA1507Aggressive 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. 0.5608
ModelxChangeLunt Capital Management, Inc.7Twelve Conservative Portfolio6/30/2014 12:00:00 AM2.48265.45312.4826853Conservative 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. 0.7795
ModelxChangeLunt Capital Management, Inc.7Twelve Moderate Portfolio6/30/2014 12:00:00 AM4.965313.10084.9653851Moderate 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.0.7917
ModelxChangeLunt Capital Management, Inc.7Twelve Moderately Aggressive Portfolio6/30/2014 12:00:00 AM5.602315.17785.6023852Aggressive 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.0.7940
ModelxChangeLunt Capital Management, Inc.7Twelve Tactical Portfolio6/30/2014 12:00:00 AM0.94230.9423284Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2840.50000Diversified Allocation, Tactical Approach; Moderate Risk The Lunt Capital 7Twelve Tactical 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, but a sophisticated relative strength methodology is used to rotate between various sectors and geographies within the portfolio. The 7Twelve Tactical looks to take advantage of disparities within these broader asset classes. 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.0.8508
ModelxChangeLunt Capital Management, Inc.All Markets Portfolio6/30/2014 12:00:00 AM3.96445.79173.96443.1079240Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2400.50000Diversified Allocation, Tactical Approach ; Moderate Risk Lunt Capital's All Markets Portfolio is a tactical ETF and ETN portfolio with strategic allocations across global equities, global fixed income, and alternative assets including commodities, currencies, and REITs. The portfolio utilizes three tactical rotation strategies. 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 strategy.0.9215
ModelxChangeLunt Capital Management, Inc.Alternatives Portfolio6/30/2014 12:00:00 AM4.34541.12934.3454-7.8569281Commodities Broad Baskethttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2810.50000Alternatives Allocation, Tactical approach; Moderate Risk The Lunt Capital Alternatives Portfolio is a tactical ETF and ETN portfolio with strategic allocations across commodities, currencies and REITs. The portfolio utilizes tactical strategies including rotations to strength, rotations long or cash, rotations long or short, and mean reversion strategies. This portfolio attempts to deliver risk-adjusted returns with lower correlations to traditional markets. 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. 1.0925
ModelxChangeLunt Capital Management, Inc.Currency & Commodity Portfolio6/30/2014 12:00:00 AM0.3709-2.09740.3709-7.5697285Commodities Broad Baskethttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2850.50000Alternatives Allocation, Tactical Approach; Moderate Aggressive Risk The Lunt Capital currency and commodity portfolio looks to provide diversification to a portfolio by providing tactical allocations to the diversifying assets of commodities and currencies. The tactical commodity allocations include an overlay of tactical strategies such as rotation to relative strength within individual commodities, and also long/short rotation to the broader commodity market. The currency allocation includes similar tactical rotations by rotating within individual developed and emerging market currencies. The portfolio also implements long/short rotation within currencies. 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.1.1855
ModelxChangeLunt Capital Management, Inc.Dynamic Aggressive Portfolio6/30/2014 12:00:00 AM1.735810.26231.73588.7860286Aggressive 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.0.7923
ModelxChangeLunt Capital Management, Inc.Dynamic Conservative Portfolio6/30/2014 12:00:00 AM1.72104.96021.72100.9223287Conservative 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. 0.7172
ModelxChangeLunt Capital Management, Inc.Dynamic Moderate Portfolio6/30/2014 12:00:00 AM1.47428.23981.47427.9949288Moderate 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.0.8576
ModelxChangeLunt Capital Management, Inc.Global Rotation Investment Portfolio6/30/2014 12:00:00 AM5.33089.03715.33082.4771283Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2830.50000Diversified Allocation, Tactical approach; Moderate Aggressive Risk Lunt Capital's Global Rotation Investment Portfolio is a tactical ETF & ETN portfolio with strategic allocations across global equities, global fixed income, and alternative assets. This portfolio stays invested at all times, but utilizes a tactical rotation strategy that rotates to relative strength within each portfolio allocation. This portfolio has a moderately aggressive profile. 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.0.8789
ModelxChangeLunt Capital Management, Inc.Global Sectors Portfolio6/30/2014 12:00:00 AM4.529715.23774.529722.5577756World 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 strategy0.8200
ModelxChangeLunt Capital Management, Inc.High Beta Low Volatility Rotation Portfolio755World 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 20156/30/2014 12:00:00 AM2.27443.85062.71055.98222.2744-1.24265.86455.45407.581314.91693.784.530.711.29495Target 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. 0.3441
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20206/30/2014 12:00:00 AM5.149810.11306.626110.05845.14984.752612.39612.569510.714620.05776.337.381.041.33496Target 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. 0.00800.3715
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20256/30/2014 12:00:00 AM6.023313.61407.389411.62516.02339.184911.89820.574012.722723.41598.799.790.851.17497Target 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.0.01130.3899
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20306/30/2014 12:00:00 AM6.440915.92129.959713.90586.440912.427418.0803-0.751713.986725.53089.5610.891.041.25498Target 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. 0.01350.4021
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20406/30/2014 12:00:00 AM6.986017.244810.572814.33246.986013.573218.6945-1.095414.184225.53089.8811.11.061.26499Target 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. 0.01440.4068
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget 20506/30/2014 12:00:00 AM6.755317.08048.691013.16056.755313.610612.9382-1.095414.184225.530810.711.570.831.12500Target 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.0.01440.4068
ModelxChangeLunt Capital Management, Inc.Lunt Capital OnTarget Current6/30/2014 12:00:00 AM1.39012.38922.40343.47091.3901-2.58784.03597.87803.80626.84702.842.860.831.18501Target 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. 0.3355
ModelxChangeLunt Capital Management, Inc.Tactical Bond Portfolio6/30/2014 12:00:00 AM1.63112.55301.6311-1.7591280Intermediate-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2800.50000Fixed Income Allocation, Tactical Approach; Moderate Conservative Risk Lunt Capital's Tactical Bond Portfolio provides diversified bond exposure across geographies, durations, credits, and currencies. This portfolio utilizes Lunt Capital's expertise in ETFs, ETNs, and Funds to offer a liquid and transparent solution that adapts as bond market conditions change. 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.0.8343
ModelxChangeLunt Capital Management, Inc.Tactical Growth Portfolio6/30/2014 12:00:00 AM2.25537.87662.25537.8871279Moderate 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 strategy0.8900
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 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.0.7647
ModelxChangeMeeder Investment ManagementMeeder Aggressive Growth Portfolio (Mutual Funds)333Large 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 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.0.24750.20001.7270
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.0.24850.20001.6386
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. 0.24900.20001.6024
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.0.7460
ModelxChangeMeeder Investment ManagementMeeder Balanced Portfolio (Mutual Funds)329Conservative 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.0.22950.20001.6726
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.0.7504
ModelxChangeMeeder Investment ManagementMeeder Conservative Portfolio (Mutual Funds)326Conservative 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.0.24800.20001.6286
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 at all times. 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.0.7436
ModelxChangeMeeder Investment ManagementMeeder Growth Portfolio (Mutual Funds)331Large 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 at all times. 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.0.24750.20001.7110
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.0.7482
ModelxChangeMeeder Investment ManagementMeeder Moderate Conservative Portfolio (Mutual Funds)330Moderate 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 portfolio0.24500.20001.6841
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.0.7426
ModelxChangeMeeder Investment ManagementMeeder Moderate Growth Portfolio (Mutual Funds)332Moderate 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.0.22250.20001.6705
ModelxChangeMesirow FinancialMesirow Active Risk Managed6/30/2014 12:00:00 AM1550Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15500.35000Description goes here0.7293
ModelxChangeMesirow FinancialMesirow Balanced Risk Managed1549Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15490.35000Description goes here0.6818
ModelxChangeMesirow FinancialMesirow Dynamic Momentum6/30/2014 12:00:00 AM1545World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15450.35000Description goes here0.6550
ModelxChangeMesirow FinancialMesirow Stable Performance6/30/2014 12:00:00 AM1551Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15510.35000Description goes here0.6684
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2005 Portfolio6/30/2014 12:00:00 AM1003Target Date 2000-2010https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10030.10000To prepare a participant for retirement at or around 2015 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times.0.3177
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2010 Portfolio6/30/2014 12:00:00 AM1004Target Date 2000-2010https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10040.10000To prepare a participant for retirement at or around 2020 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.3087
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2015 Portfolio6/30/2014 12:00:00 AM1005Target Date 2015-2029https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10050.10000To prepare a participant for retirement at or around 2025 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.2860
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2020 Portfolio6/30/2014 12:00:00 AM1006Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10060.10000To prepare a participant for retirement at or around 2030 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.3049
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2025 Portfolio6/30/2014 12:00:00 AM1007Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10070.10000To prepare a participant for retirement at or around 2035 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.3168
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2030 Portfolio6/30/2014 12:00:00 AM1008Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10080.10000To prepare a participant for retirement at or around 2040 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.3237
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2035 Portfolio6/30/2014 12:00:00 AM1009Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10090.10000To prepare a participant for retirement at or around 2045 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.3288
ModelxChangeMesirow FinancialPrecision ETF (All iShares) 2040+ Portfolio6/30/2014 12:00:00 AM1010Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10100.10000To prepare a participant for retirement at or around 2050 Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.3342
ModelxChangeMesirow FinancialPrecision ETF (All iShares) Aggressive Portfolio6/30/2014 12:00:00 AM798Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7980.10000The strategy attempts to outperform a blended benchmark consisting of 90% S&P 500 and 10% Barclays Aggregate. Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. Individual security weights may be as low as 2% and as high as 70%. The goal of this strategy is to remain fully invested at all times.0.3419
ModelxChangeMesirow FinancialPrecision ETF (All iShares) Conservative Portfolio6/30/2014 12:00:00 AM794Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7940.10000The strategy attempts to outperform a blended benchmark consisting of 20% S&P 500 and 80% Barclays Aggregate. Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. Individual security weights may be as low as 2% and as high as 70%. The goal of this strategy is to remain fully invested at all times.0.3081
ModelxChangeMesirow FinancialPrecision ETF (All iShares) Income Portfolio6/30/2014 12:00:00 AM1002Retirement Incomehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10020.10000To provide income during retirement. Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. The goal of this strategy is to remain fully invested at all times. 0.3164
ModelxChangeMesirow FinancialPrecision ETF (All iShares) Moderate Aggressive Portfolio6/30/2014 12:00:00 AM797Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7970.10000The strategy attempts to outperform a blended benchmark consisting of 75% S&P 500 and 25% Barclays Aggregate. Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. Individual security weights may be as low as 2% and as high as 70%. The goal of this strategy is to remain fully invested at all times.0.3141
ModelxChangeMesirow FinancialPrecision ETF (All iShares) Moderate Conservative Portfolio6/30/2014 12:00:00 AM795Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7950.10000The strategy attempts to outperform a blended benchmark consisting of 40% S&P 500 and 60% Barclays Aggregate. Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. Individual security weights may be as low as 2% and as high as 70%. The goal of this strategy is to remain fully invested at all times.0.3113
ModelxChangeMesirow FinancialPrecision ETF (All iShares) Moderate Portfolio796Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7960.10000The strategy attempts to outperform a blended benchmark consisting of 60% S&P 500 and 40% Barclays Aggregate. Mesirow Financial Investment Management will vary the weights of each asset class in the portfolio based on their overall conviction of the attractiveness of each position as well as their contribution to the portfolios overall risk and return. Individual security weights may be as low as 2% and as high as 70%. The goal of this strategy is to remain fully invested at all times.0.3152
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF GI6/30/2014 12:00:00 AM4.949914.70947.771110.56244.949910.613512.7933-0.830612.245919.71709.168.830.861.181202Aggressive 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.0.17610.8081
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF GMI6/30/2014 12:00:00 AM5.128616.85148.257911.70525.128613.066814.0640-2.701613.707023.338310.9310.650.781.091203Aggressive 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.0.19490.8986
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF IMG6/30/2014 12:00:00 AM4.602311.85466.97969.08064.60237.353511.39611.187810.245216.02656.966.6411.341204Aggressive 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.0.14470.6817
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF INC6/30/2014 12:00:00 AM3.88007.96985.85847.30603.88003.82259.53913.61987.85984.524.321.271.641205Aggressive 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.0.11870.5427
ModelxChangeNorthern Trust Investments, Inc.NFPP AC AF MG6/30/2014 12:00:00 AM5.271418.97008.662112.71175.271415.787715.0709-4.690415.088326.472812.8312.570.711.011206Aggressive 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.0.21741.0002
ModelxChangeNorthern Trust Investments, Inc.NFPP AP AF GI6/30/2014 12:00:00 AM5.247214.79768.328110.88355.247210.943913.0941-0.281712.189018.77158.788.680.951.231207Moderate 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 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.0.11980.6299
ModelxChangeNorthern Trust Investments, Inc.NFPP AP AF GMI6/30/2014 12:00:00 AM5.563217.08788.975112.12105.563213.436614.5264-2.074013.564322.310810.4910.520.871.141208Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12080.00000Our 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.0.13570.7100
ModelxChangeNorthern Trust Investments, Inc.NFPP AP AF IMG6/30/2014 12:00:00 AM4.730511.74867.31019.25794.73057.581211.44441.659110.247915.11316.66.461.11.41209Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12090.00000Our 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.0.09610.5293
ModelxChangeNorthern Trust Investments, Inc.NFPP AP AF INC6/30/2014 12:00:00 AM3.92337.77506.03947.28063.92333.94569.39774.10917.80134.184.131.411.711210Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12100.00000Our 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.0.07660.4116
ModelxChangeNorthern Trust Investments, Inc.NFPP AP AF MG6/30/2014 12:00:00 AM5.750019.24889.558013.26895.750016.225515.8585-3.966414.905425.331012.412.490.81.061211Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12110.00000Our 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.0.15130.7886
ModelxChangeNorthern Trust Investments, Inc.NFPP P AF GI6/30/2014 12:00:00 AM5.424614.89698.588510.84505.424611.162912.9164-0.141511.253519.00078.818.780.981.211212Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12120.00000Our 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.0.03240.2833
ModelxChangeNorthern Trust Investments, Inc.NFPP P AF GMI6/30/2014 12:00:00 AM5.971117.50259.583512.26485.971113.877514.4054-1.541312.527722.519810.4910.650.921.141213Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12130.00000Our 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.0.04090.3082
ModelxChangeNorthern Trust Investments, Inc.NFPP P AF IMG6/30/2014 12:00:00 AM4.763011.55537.25539.04954.76307.592810.96071.59519.542915.27836.556.481.11.361214Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12140.00000Our 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.0.02400.2539
ModelxChangeNorthern Trust Investments, Inc.NFPP P AF INC6/30/2014 12:00:00 AM3.68707.23715.65457.12063.68703.87568.44914.00617.55224.014.141.381.671215Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12150.00000Our 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.0.02560.2418
ModelxChangeNorthern Trust Investments, Inc.NFPP P AF MG6/30/2014 12:00:00 AM6.271119.882110.298713.41856.271116.831915.8522-3.597013.579726.480312.4112.650.851.061216Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12160.00000Our 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.0.03480.2981
ModelxChangeOBS Financial Services, Inc.DFA/EFS 100/0 Portfolio6/30/2014 12:00:00 AM6.729122.634011.603818.18786.729125.052518.4592-6.708522.133937.463515.3216.430.791.1137Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1370.25000The DFA/EFS 100/0% Portfolio is the most aggressive portfolio and offers full exposure to the stock market. The DFA/EFS 100/0% Portfolio is diversified between domestic and international stocks, with no exposure to the bond markets. The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances.0.6037
ModelxChangeOBS Financial Services, Inc.DFA/EFS 20/80 Portfolio6/30/2014 12:00:00 AM1.59654.26042.05834.46821.59653.56952.83310.51566.95869.42353.193.480.641.25129Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1290.25000The DFA/EFS 20/80% Portfolio provides investors with the opportunity to build wealth through a conservative risk managed approach. With 80% of the portfolio invested in fixed income assets, exposure to the stock market is limited, while the bond markets provide a consistent stream of income for the investor. To keep pace with inflation, the portfolio invests 20% into the stock market, which raises the growth potential over that of a portfolio void of stock exposure. The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. 0.4847
ModelxChangeOBS Financial Services, Inc.DFA/EFS 40/60 Portfolio6/30/2014 12:00:00 AM2.89489.30515.11518.34852.89489.41367.9258-1.292810.752616.43186.16.650.841.23130Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1300.25000The DFA/EFS 40/60% provides a balanced investment approach with a conservative emphasis. The portfolio has a healthy exposure to the stock market, with 40% of its assets diversified throughout, and is moderated by a strong bond presence. With 60% of the portfolio assets in the bond market, the investor can receive a consistent stream of income with protection from a volatile stock market. The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. 0.5145
ModelxChangeOBS Financial Services, Inc.DFA/EFS 50/50 Portfolio6/30/2014 12:00:00 AM3.643911.69078.006411.12563.643911.802215.3325-2.196412.651119.93667.28.021.11.35132Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1320.25000The DFA/EFS 50/50 Portfolio aims to provide a balance between capital preservation and capital appreciation. With a 50/50 exposure to equity and fixed income, the portfolio is designed for those who are most comfortable with a balanced approach and have a moderate tolerance for investment fluctuations. The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. 0.5294
ModelxChangeOBS Financial Services, Inc.DFA/EFS 60/40 Portfolio6/30/2014 12:00:00 AM3.381012.59746.626411.24543.381014.516910.1183-3.098314.547223.4432134Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1340.25000The DFA/EFS 60/40 Portfolio provides a fairly balanced investment approach with an emphasis on long-term growth. The portfolio is more resistant to inflation with an increased potential for larger returns. Its 40% bond presence provides income to the investor and helps dampen volatility during a stock market downturn The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. 0.5442
ModelxChangeOBS Financial Services, Inc.DFA/EFS 70/30 Portfolio6/30/2014 12:00:00 AM4.836815.72118.947113.66364.836816.852115.1131-3.999716.441826.948410.2711.320.881.19135Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1350.25000The DFA/EFS 70/30 Portfolio provides a sizeable exposure to the stock market, with a more aggressive approach towards increasing growth. There is a small exposure to fixed income, providing marginal income generation and downside protection. The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. 0.5591
ModelxChangeOBS Financial Services, Inc.DFA/EFS 80/20 Portfolio6/30/2014 12:00:00 AM5.480818.287710.483815.58765.480819.893317.9315-4.904218.338830.452011.712.880.911.19136Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1360.25000The DFA/EFS 80/20% Portfolio provides substantial exposure to the global stock market, with an aggressive approach towards growth. A small bond presence is maintained, but income generation and downside protection is limited. The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. 0.5740
ModelxChangeOBS Financial Services, Inc.DFA/EFS Income985Intermediate-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9850.25000The overall investment objective of the DFA/EFS Income Portfolio is to maximize total return by providing a steady stream of income to the investor. The portfolio has the ability to invest in a full range of investment grade bonds with extended maturities. The investor remains diversified by investing in various types of government and corporate issues of diverse quality, geographical region, and maturity. The DFA/EFS Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. 0.4720
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 0/1006/30/2014 12:00:00 AM1557Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15570.25000The overall investment objective of the DFA/EFS Retirement 0/100 portfolio is to maximize total return by providing a steady stream of income to the investor. The portfolio has the ability to invest in a full range of investment grade bonds with extended maturities. The investor remains diversified by investing in various types of government and corporate issues of diverse quality, geographical region, and maturity. 0.2500
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 20/80992Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9920.25000The DFA/EFS Retirement 20/80 Portfolio provides investors with an opportunity to build wealth through a conservative risk managed approach, while using a full core strategy to reduce expenses and trade costs. With 80% of the portfolio invested in fixed income assets, exposure to the stock market is limited, and the bond markets provide a consistent stream of income for the investor. To keep pace with inflation, the portfolio invests 20% into the stock market, which slightly raises the growth potential. The DFA/EFS Retirement Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. The models were constructed to align with the guidelines set forth by the DOL and ERISA, in order to qualify as a prudent retirement portfolio and a Qualified Default Investment Alternative (QDIA).0.4928
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 40/60991Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9910.25000The DFA/EFS Retirement 40/60 provides a balanced investment approach with a conservative emphasis, while using a full core strategy to reduce expenses and trade costs. The portfolio has a healthy exposure to the stock market, with 40% of its assets diversified throughout, and is moderated by a strong bond presence. With 60% of the portfolio assets in the bond market, the investor can receive a consistent stream of income with protection from a volatile stock market. The DFA/EFS Retirement Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. The models were constructed to align with the guidelines set forth by the DOL and ERISA, in order to qualify as a prudent retirement portfolio and a Qualified Default Investment Alternative (QDIA).0.5136
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 50/50990Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9900.25000The DFA/EFS Retirement 50/50 Portfolio aims to provide a balance between capital preservation and capital appreciation, while using a full core strategy to reduce expenses and trade costs. With a 50/50 exposure to equity and fixed income, the portfolio is designed for those who are most comfortable with a balanced approach and have a moderate tolerance for investment fluctuations. The DFA/EFS Retirement Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. The models were constructed to align with the guidelines set forth by the DOL and ERISA, in order to qualify as a prudent retirement portfolio and a Qualified Default Investment Alternative (QDIA).0.5235
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 60/40989Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9890.25000The DFA/EFS 60/40 Retirement Portfolio provides a fairly balanced investment approach with an emphasis on long-term growth, while using a full core strategy to reduce expenses and trade costs. The portfolio is more resistant to inflation with an increased potential for larger returns. Its 40% bond presence provides income to the investor and helps dampen volatility during a stock market downturn. The DFA/EFS Retirement Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. The models were constructed to align with the guidelines set forth by the DOL and ERISA, in order to qualify as a prudent retirement portfolio and a Qualified Default Investment Alternative (QDIA).0.5344
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 70/30988Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9880.25000The DFA/EFS 70/30 Retirement Portfolio provides a sizeable exposure to the stock market, with a more aggressive approach towards increasing long-term growth, while using a full core strategy to reduce expenses and trade costs. There is a small exposure to fixed income, providing marginal income generation and downside protection. The DFA/EFS Retirement Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. The models were constructed to align with the guidelines set forth by the DOL and ERISA, in order to qualify as a prudent retirement portfolio and a Qualified Default Investment Alternative (QDIA).0.5443
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 80/20987Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9870.25000The DFA/EFS Retirement 80/20 Portfolio provides substantial exposure to the global stock market, with an aggressive approach towards long-term growth, while using a full core strategy to reduce expenses and trade costs. A small bond presence is maintained, but income generation and downside protection is limited. The DFA/EFS Retirement Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. The models were constructed to align with the guidelines set forth by the DOL and ERISA, in order to qualify as a prudent retirement portfolio and a Qualified Default Investment Alternative (QDIA).0.5552
ModelxChangeOBS Financial Services, Inc.DFA/EFS Retirement 90/10986Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9860.25000The DFA/EFS Retirement 90/10 Portfolio is the most aggressive portfolio and offers the largest exposure to the stock market in an effort to promote long-term capital appreciation, while using a full core strategy to reduce expenses and trade costs. The DFA/EFS 90/10 Portfolio is diversified between domestic and international stocks, with minimal exposure to the bond markets. The DFA/EFS Retirement Model Portfolios are engineered to provide globally diversified portfolios at minimal costs, while providing consistent and tolerable exposure to premiums that exist in capital markets. Each model is designed to capture a specific risk/return profile that is suitable for a specific client’s investment needs and risk tolerances. The models were constructed to align with the guidelines set forth by the DOL and ERISA, in order to qualify as a prudent retirement portfolio and a Qualified Default Investment Alternative (QDIA).0.5651
ModelxChangeOptimal Capital Advisors LLCOptimal Growth TLC Strategy848Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8480.65000Provides a globally diversified solution with approximately 40% allocated to equities, 50% alternatives and 10% hard assets. This strategy is designed to replicate the risk of a 65% equity/35% bond portfolio, while achieving returns superior to the S&P 500 and maximum drawdown of 30%. •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 3 investment committee professionals possess over 80 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection.0.03951.9903
ModelxChangeOptimal Capital Advisors LLCOptimal Balanced TLC Strategy6/30/2014 12:00:00 AM2.73686.08184.45338.16062.73684.10768.43081.071711.244618.32275.326.050.841.32842Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8420.65000Provides a globally diversified solution with approximately 28% allocated to equities, 30% fixed income, 35% alternatives and 7% hard assets. This strategy is designed to replicate the risk of a 35% equity/65% bond portfolio, while achieving returns equal to the S&P 500 and maximum drawdown of 20%. •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 4 investment committee professionals possess over 100 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection.0.02000.03802.3592
ModelxChangeOptimal Capital Advisors LLCOptimal Completion TLC Strategy6/30/2014 12:00:00 AM1155Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11550.65000The objective is to provide a diversified absolute return solution with a strategic allocation to multiple hedge fund and managed futures portfolios. The strategy is designed to replicate the risk of the HFRX Global Hedge Fund Index while achieving returns in excess of that benchmark and a maximum drawdown of 10%. Permissible investments include; -Long/Short, Arbitrage, Global Macro, CTA, Multi Strategy •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 3 investment committee professionals possess over 80 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection.0.02500.04752.4767
ModelxChangeOptimal Capital Advisors LLCOptimal Conservative TLC Strategy6/30/2014 12:00:00 AM2.64744.85183.75746.54832.64740.88596.63843.99059.225713.00513.613.921.031.62849Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8490.65000Provides a globally diversified solution with approximately 16% allocated to equities, 60% fixed income, 20% alternatives and 4% hard assets. This strategy is designed to replicate the risk of a 20% stock/80% bond portfolio, while achieving high single digit returns and maximum drawdown of 10%. •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 3 investment committee professionals possess over 80 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection.0.03500.04151.9693
ModelxChangeOptimal Capital Advisors LLCOptimal NorthSTAR TLC Balanced6/30/2014 12:00:00 AM4.03487.31114.85498.41004.03484.00018.43081.071711.244618.32275.46.080.91.351152Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11520.65000The objective is to provide a globally diversified solution with a long term strategic allocation to 28% equities, 30% fixed income, 35% absolute return and 7% hard assets. This strategy is designed to replicate the risk of a 35% equity / 65% bond portfolio while achieving returns equal to the S&P 500 and maximum drawdown of 20%. Permissible investment include; -Global Stocks, Global Bonds, Absolute Return Strategies, Hard Assets The performance objective for the strategy shall be annualized returns between 8-16 percent over rolling 5-year periods, while experiencing approximately ½ the volatility of the S&P 500 index using standard deviation as a measure. •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 3 investment committee professionals possess over 80 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection.0.03151.1973
ModelxChangeOptimal Capital Advisors LLCOptimal NorthSTAR TLC Completion1151Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11510.65000The objective is to provide a diversified absolute return solution with a strategic allocation to multiple hedge fund and managed futures portfolios. The strategy is designed to replicate the risk of the HFRX Global Hedge Fund Index while achieving returns in excess of that benchmark and a maximum drawdown of 10%. Permissible investments include; -Long/Short, Arbitrage, Global Macro, CTA, Multi Strategy •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 3 investment committee professionals possess over 80 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection. 0.07001.6040
ModelxChangeOptimal Capital Advisors LLCOptimal NorthSTAR TLC Conservative6/30/2014 12:00:00 AM3.85475.96164.50717.00983.85471.89236.63843.99059.225713.00513.343.751.321.811154Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11540.65000The objective is to provide a globaly diversified solution with a long term strategic allocation to 16% equities, 60% fixed income, 20% absolute return and 4% hard assets. This strategy is designed to replicate the risk of a 100% bond portfolio while achieving high single digit returns and maximum drawdown of 10%. Permissible investments include; -Global Stocks, Global Bonds, Absolute Return Strategies, Hard Assets The performance objective for the strategy is annualized returns between 7-10 percent over rolling 3-year periods, while experiencing approximately 1/3 the volatility of the S&P 500 index using standard deviation as a measure. •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 3 investment committee professionals possess over 80 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection.0.02801.1566
ModelxChangeOptimal Capital Advisors LLCOptimal NorthSTAR TLC Growth6/30/2014 12:00:00 AM4.10809.16285.859110.15904.10808.368910.2285-1.856213.242223.47327.448.490.81.181153Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11530.65000The objective is to provide a globally diversified solution with a long term strategic allocation to 40% allocated to equities, 50% absolute return and 10% hard assets. This strategy is designed to replicate the risk of a 70% equity / 30% bond portfolio while achieving returns greater than the S&P 500 and maximum drawdown of 30%. Permissible investments include; -Global Stocks, Global Bonds, Absolute Return Strategies, Hard Assets The performance objective for the strategy shall be annualized returns between 10-20 percent over rolling 7-year periods, while experiencing approximately 2/3 the volatility of the S&P 500 index using standard deviation as a measure. •A globally diversified solution including a non-correlated mix of conventional and absolute return investment strategies for any market. •Our seasoned group of 4 investment committee professionals possess over 100 years of industry experience. The team is responsible for oversight of the investment strategies including active asset allocation, investment selection and managing cash flows. •Allocations are set within ranges based upon long-term valuation analysis with a contrarian bias. •Our primary focus on risk management seeks to add value through both asset allocation and manager selection.0.03851.2835
ModelxChangePGR Solutions, LLCPGRS Model 1 - Fixed Income6/30/2014 12:00:00 AM2.77392.83851.98172.47302.7739-1.06622.15063.63533.58151.64791.661.741.161.37770Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7700.15000The investment objective of this asset allocation model is to seek capital preservation and total returns consisting of current income. This investment portfolio allocates its assets into fixed income securities. Generally, 100% of initial and ongoing investments are made into underlying fixed income funds with no investment into equity funds. Due to varying market conditions, it is expected that the global allocation of this model may not maintain its balance among the underlying securities.0.3488
ModelxChangePGR Solutions, LLCPGRS Model 2 - Conservative6/30/2014 12:00:00 AM4.41307.66454.18566.17004.41303.13855.69851.87357.867811.98923.093.51.331.71773Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7730.15000The investment objective of this global asset allocation model is to seek total returns consisting of capital appreciation and current income. Generally, this model invests 20% initial and ongoing investments into underlying equity funds and 80% into fixed income funds, allocated mostly to a global mix of fixed income funds with a small allocation of each investment into equity funds, including domestic, international, emerging market, and real estate securities. Due to varying market conditions, it is expected that these investments may not maintain their balance to the underlying securities.0.3933
ModelxChangePGR Solutions, LLCPGRS Model 3 - Moderate6/30/2014 12:00:00 AM5.118611.99475.84979.05925.11868.22118.7359-1.067211.134221.45635.866.640.991.33771Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7710.15000The investment objective of this global asset allocation model is to seek total returns consisting of capital appreciation and current income. Generally, this model invests 40% of its initial and ongoing investments into underlying equity and 60% in fixed income funds, allocated mostly to a global mix of fixed income funds with a modest allocation of each investment into equity funds, including domestic, international, emerging market, and real estate securities. Due to varying market conditions, it is expected that these investments may not maintain their balance to the underlying securities. 0.4254
ModelxChangePGR Solutions, LLCPGRS Model 4 - Balanced6/30/2014 12:00:00 AM5.924815.90887.780312.16635.924812.763112.6919-3.121914.795929.35328.819.820.891.22775Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7750.15000The investment objective of this global asset allocation model is to seek total returns consisting of capital appreciation and current income. Generally, this model invests 60% of its initial and ongoing investments into underlying equity and 40% in fixed income funds, allocated mostly to equity funds, including domestic, international, emerging markets, and real estate securities, with a moderate allocation into a global mix of fixed income funds. Due to varying market conditions, it is expected that these investments may not maintain their balance to the underlying securities. 0.4641
ModelxChangePGR Solutions, LLCPGRS Model 5 - Aggressive6/30/2014 12:00:00 AM6.758920.17919.170414.50206.758917.733216.0973-6.792017.517436.264612.213.280.781.09772Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7720.15000The investment objective of this global asset allocation model is to seek total returns consisting of capital appreciation and current income. Generally, this model invests 80% of its initial and ongoing investments into underlying equity and 20% in fixed income funds, allocated mostly to equity funds, including domestic, international, emerging markets, and real estate securities, with a modest allocation into a global mix of fixed income funds. Due to varying market conditions, it is expected that these investments may not maintain their balance to the underlying securities. It is not the intention of this model to precisely maintain this allocation with respect to any account and the aggregate allocation of its total assets. We utilize Dimensional Fund Advisors (DFA) to implement our investment strategies.0.4988
ModelxChangePGR Solutions, LLCPGRS Model 6 - All Equity6/30/2014 12:00:00 AM7.499424.621110.556916.71497.499423.248419.5730-10.502820.084240.970915.8116.850.711774Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7740.15000The investment objective of this global asset allocation model is to seek total returns consisting of capital appreciation. This model allocates its assets into equity securities only. Generally, the model invests initial and ongoing investments into underlying equity funds, allocating 100% of each investment into equity funds, including domestic, international, emerging market, and real estate securities, and 0% to fixed income funds. 0.5363
ModelxChangeProvident Capital ManagementPCM Absolute Bond Index6/30/2014 12:00:00 AM-0.34641.24163.35424.9077-0.3464-3.44745.513911.11244.598011.20616.416.350.540.78383Intermediate-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3830.75000Preservation of Capital and Income through exposure including but not limited to Global, Treasury and Emerging Market Bond ETF's The Absolute Global Bond Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.2500
ModelxChangeProvident Capital ManagementPCM Alpha 16/30/2014 12:00:00 AM6.04732.65715.080216.07016.04732.72532.67876.091540.130661.06167.4211.540.71.351188World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11880.75000The objective of PCM’s Alpha 1 is total return regardless of market direction. The strategy seeks to achieve its objective by selecting investments from a multi-asset class basket of ETFs; including domestic and international equities, global bonds, major currencies, broad commodities, and precious metals. PCM’s Risk Management Overlay, by using inverse ETFs, may allow the capture of positive returns in periods of falling markets. Alpha 1 may rotate bi-monthly. The PCM Alpha 1 Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.0900
ModelxChangeProvident Capital ManagementPCM Global Macro 3 Index1163Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11630.00750Growth through exposure to but not limited to long and inverse global ETF's of bonds, equities, currencies and commodities with a more tactical approach driven by more frequent quantitative reallocation The PCM Global Macro 3 Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF.0.0075
ModelxChangeProvident Capital ManagementPCM Global Macro Index386Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3860.75000Growth through exposure to but not limited to long and inverse global ETF's of bonds, equities, currencies and commodities The PCM Global Macro Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.2589
ModelxChangeProvident Capital ManagementPCM Global Tactical Index387Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3870.75000Growth through exposure to but not limited to long and inverse global ETF's of bonds, equities, currencies and commodities with a more tactical approach driven by more frequent quantitative reallocation The PCM Global Tactical Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.1640
ModelxChangeProvident Capital ManagementPCM Managed TIPs Total Return Index445Inflation-Protected Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4450.75000Preservation of Capital and Income including exposure to TIPS and International Inflation Protected Bonds through ETF's The PCM Managed TIPS Total Return Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 0.9345
ModelxChangeProvident Capital ManagementPortfolio: Absolute Conservative6/30/2014 12:00:00 AM1.13413.29232.24787.19991.13410.37880.31608.236610.953526.59104.336.60.521.08391Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3910.75000Preservation of Capital, Total Return and Growth The Absolute Conservative Portfolio is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.1198
ModelxChangeProvident Capital ManagementPortfolio: Absolute Income392Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3920.75000Preservation of Capital and Income The Absolute Income Portfolio is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 0.9000
ModelxChangeProvident Capital ManagementPortfolio: Absolute Stable Growth393Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3930.75000Total Return and Growth The Absolute Stable Growth is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.1702
ModelxChangeProvident Capital ManagementPortfolio: Absolute Stable Growth Plus+6/30/2014 12:00:00 AM-0.89991.12513.51518.0529-0.89992.80133.31709.254410.165933.3812394Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3940.75000Preservation of Capital, Total Return and Growth The Absolute Stable Growth Plus is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.1314
ModelxChangeProvident Capital ManagementPortfolio: PCM Total Return444Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4440.75000Preservation of Capital, Total Return and Growth The PCM Total Return Portfolio is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 1.0954
ModelxChangeProvident Capital ManagementU.S. Bond Total Return Index398Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3980.75000Preservation of Capital and Income including exposure to TIPS, Treasuries and Corporates through ETF's The U. S. Bond Total Return Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 0.9625
ModelxChangeProvident Capital ManagementU.S. Industries Total Return Index6/30/2014 12:00:00 AM3.997118.942112.737715.00463.997126.51876.110014.86635.791430.08468.158.831.511.63397Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3970.75000Growth, Total Return and the ability to further diversify through exposure to 25 U. S. Industries including but not limited to Healthcare, Consumer Staples, Telecom, Technology and Aerospace ETF's The U. S. Industries Total Return Index is reallocated on a specified time period using a quantitative approach to select the top ETFs. The approach uses multiple price strength factors counter-weighted against a volatility component of each respective ETF. In addition to meeting the above criteria, inclusion in the active index also requires that the ETF's selected be above trend using a long term moving average. Should the ETFs chosen not meet the inclusion criteria, the Index will rotate into a cash equivalent ETF. 0.9700
ModelxChangePrudent Investor AdvisorsPIA Dimensions 0/100 Portfolio - Series II6/30/2014 12:00:00 AM1352Static Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13520.20000The PIA Dimensions 0/100 Portfolio - Series II is intended for investors with an ultra-conservative tolerance for risk. Comprised of 0% equity funds and 100% fixed income funds, the Portfolio seeks current income with minimal growth of capital over long time horizons. This portfolio will experience moderate short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.3851
ModelxChangePrudent Investor AdvisorsPIA Dimensions 100/0 Portfolio6/30/2014 12:00:00 AM6.632523.734111.216716.42936.632525.805316.5636-7.419218.456935.591014.7215.660.791.05441World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4410.20000The PIA Dimensions 100/00 Portfolio is intended for investors with an aggressive tolerance for risk. Comprised of 100% equity funds and 00% fixed income funds, the Portfolio seeks aggressive growth of capital over long time horizons. This portfolio will experience significant short-term volatility. The portfolio is monitored and automatically rebalanced on a quarterly basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss.0.5090
ModelxChangePrudent Investor AdvisorsPIA Dimensions 100/0 Portfolio - Series II6/30/2014 12:00:00 AM1337Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13370.20000The PIA Dimensions 100/0 Portfolio - Series II is intended for investors with an aggressive tolerance for risk. Comprised of 100% equity funds and 00% fixed income funds, the Portfolio seeks aggressive growth of capital over long time horizons. This portfolio will experience significant short-term volatility. The portfolio is monitored and automatically rebalanced on a quarterly basis or as needed. PIA Dimensions Portfolios The PIA Dimensions - Series II Portfolios, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions - Series II Portfolio holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions - Series II Portfolio replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Series II Portfolio represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Series II Portfolio holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.5296
ModelxChangePrudent Investor AdvisorsPIA Dimensions 20/80 Portfolio6/30/2014 12:00:00 AM3.01806.29483.79675.56573.01803.20565.13772.62386.91639.62563.013.261.231.66442World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4420.20000The PIA Dimensions 20/80 Portfolio is intended for investors with a Conservative tolerance for risk. Comprised of 20% equity funds and 80% fixed income funds, the Portfolio seeks conservative growth of capital over long time horizons. This portfolio will experience moderate short-term volatility. The portfolio is monitored and automatically rebalanced on a quarterly basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss.0.3758
ModelxChangePrudent Investor AdvisorsPIA Dimensions 20/80 Portfolio - Series II6/30/2014 12:00:00 AM1349World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13490.20000The PIA Dimensions 20/80 Portfolio - Series II is intended for investors with a conservative tolerance for risk. Comprised of 20% equity funds and 80% fixed income funds, the Portfolio seeks conservative growth of capital over long time horizons. This portfolio will experience moderate short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.2000
ModelxChangePrudent Investor AdvisorsPIA Dimensions 30/70 Portfolio - Series II6/30/2014 12:00:00 AM1351World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13510.20000The PIA Dimensions 30/70 Portfolio - Series II is intended for investors with a Moderate tolerance for risk. Comprised of 30% equity funds and 70% fixed income funds, the Portfolio seeks conservative growth of capital over long time horizons. This portfolio will experience large short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.4291
ModelxChangePrudent Investor AdvisorsPIA Dimensions 40/60 Portfolio - Series II6/30/2014 12:00:00 AM1348World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13480.20000The PIA Dimensions 40/60 Portfolio - Series II is intended for investors with a Moderate tolerance for risk. Comprised of 40% equity funds and 60% fixed income funds, the Portfolio seeks conservative growth of capital over long time horizons. This portfolio will experience large short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.2000
ModelxChangePrudent Investor AdvisorsPIA Dimensions 50/50 Portfolio - Series II6/30/2014 12:00:00 AM1347World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13470.20000The PIA Dimensions 50/50 Portfolio - Series II is intended for investors with a moderate tolerance for risk. Comprised of 50% equity funds and 50% fixed income funds, the portfolio seeks moderate growth of capital over long time horizons. This portfolio will experience large short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.2000
ModelxChangePrudent Investor AdvisorsPIA Dimensions 60/40 Portfolio6/30/2014 12:00:00 AM4.869214.72487.263010.99684.869213.929810.0573-2.424412.892922.87858.679.380.851.16440World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4400.20000The PIA Dimensions 60/40 Portfolio is intended for investors with a moderate tolerance for risk. Comprised of 60% equity funds and 40% fixed income funds, the Portfolio seeks moderate growth of capital over long time horizons. This portfolio will experience significant short-term volatility. The portfolio is monitored and automatically rebalanced on a quarterly basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss.0.4424
ModelxChangePrudent Investor AdvisorsPIA Dimensions 60/40 Portfolio - Series II6/30/2014 12:00:00 AM1346World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13460.20000The PIA Dimensions 60/40 Portfolio - Series II is intended for investors with a moderate tolerance for risk. Comprised of 60% equity funds and 40% fixed income funds, the portfolio seeks moderate growth of capital over long time horizons. This portfolio will experience large short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.2000
ModelxChangePrudent Investor AdvisorsPIA Dimensions 70/30 Portfolio - Series II6/30/2014 12:00:00 AM1345World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13450.20000The PIA Dimensions 70/30 Portfolio - Series II is intended for investors with an aggressive tolerance for risk. Comprised of 70% equity funds and 30% fixed income funds, the Portfolio seeks aggressive growth of capital over long time horizons. This portfolio will experience significant short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.2000
ModelxChangePrudent Investor AdvisorsPIA Dimensions 80/20 Portfolio - Series II6/30/2014 12:00:00 AM1344World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13440.20000The PIA Dimensions 80/20 Portfolio - Series II is intended for investors with an aggressive tolerance for risk. Comprised of 80% equity funds and 20% fixed income funds, the Portfolio seeks aggressive growth of capital over long time horizons. This portfolio will experience significant short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.2000
ModelxChangePrudent Investor AdvisorsPIA Dimensions 90/10 Portfolio - Series II6/30/2014 12:00:00 AM1350World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13500.20000The PIA Dimensions 90/10 Portfolio - Series II is intended for investors with an aggressive tolerance for risk. Comprised of 90% equity funds and 10% fixed income funds, the Portfolio seeks aggressive growth of capital over long time horizons. This portfolio will experience significant short-term volatility. The portfolio is monitored and is automatically rebalanced on an annual basis or as needed. PIA Dimensions Portfolios The PIA Dimensions Portfolios - Series II, created by Prudent Investor Advisors, LLC, comprise a series of 401(k) plan investment options. Each of these model portfolios was created on the basis of tenets of Modern Portfolio Theory as well as other principles of financial economics. This approach, grounded in academic research that has withstood rigorous open review for many years, does not rely on analysts’ forecasts or opinions about financial markets, but instead incorporates the key factors that drive the long-run performance of those markets. Compared to the broad-based market, each PIA Dimensions Portfolio - Series II holds a larger proportion of small company stocks and value stocks. This approach is the result of global evidence that such stocks have above-average expected returns and provide significant diversification benefits when combined with large company stocks and/or growth stocks in a portfolio. The approach also includes a disciplined and patient style of securities trading, which allows plan participants to reap the benefits of low costs and low fees. A plan participant that chooses a PIA Dimensions Portfolio - Series II replaces forecasting and guesswork with a disciplined, professional approach that incorporates the benefits of investment theory developed over the last four decades. Selecting a PIA Dimensions Portfolio - Series II represents a thoughtful and diversified approach for plan participants. Each PIA Dimensions Portfolio - Series II holds more than 12,000 securities from approximately forty-five countries. Worldwide diversification minimizes the potential negative short-term impact that any one company, asset class or country may have on a portfolio. This reduces overall portfolio risk, allows full exposure to the returns of world financial markets and limits style drift. Such broad and deep diversification of risk, however, does not eliminate the possibility of investment loss. 0.5167
ModelxChangeQ3 Asset ManagementQ3AM EA-6 Sector Conservative6/30/2014 12:00:00 AM5.216116.008611.411714.06795.216114.114611.12394.357117.129223.64266.398.441.721.61321Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13210.50000EA – 6 Sector allows an investor to participate in rising equity markets, and just as importantly, maintain the ability to preserve capital during adverse market conditions. The program attempts to provide the investor with superior returns and reduced volatility relative to a passively managed benchmark. EA-6 Sector improves upon a momentum investing approach by evaluating the general market conditions prior to investing or re-allocating a client’s account. During unfavorable market conditions the strategy will allocate one hundred percent of an investor’s portfolio to fixed income in an effort to preserve capital. During favorable market conditions the strategy identifies and ranks an assortment of available equity and bond funds based on recent performance using a proprietary momentum based algorithm. Client accounts are then re-allocated into the six top-ranked mutual funds in accordance with the investor’s risk tolerance. Our research has shown that that the program will be invested in the top-ranked funds approximately 75% of the time and invested entirely in fixed income approximately 25% of the time. 0.17171.1809
ModelxChangeQ3 Asset ManagementQ3AM EA-6 Sector Growth6/30/2014 12:00:00 AM8.640231.156919.129520.05978.640233.465112.5170-1.545521.694834.16609.87141.831.381319Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13190.50000EA – 6 Sector allows an investor to participate in rising equity markets, and just as importantly, maintain the ability to preserve capital during adverse market conditions. The program attempts to provide the investor with superior returns and reduced volatility relative to a passively managed benchmark. EA-6 Sector improves upon a momentum investing approach by evaluating the general market conditions prior to investing or re-allocating a client’s account. During unfavorable market conditions the strategy will allocate one hundred percent of an investor’s portfolio to fixed income in an effort to preserve capital. During favorable market conditions the strategy identifies and ranks an assortment of available equity and bond funds based on recent performance using a proprietary momentum based algorithm. Client accounts are then re-allocated into the six top-ranked mutual funds in accordance with the investor’s risk tolerance. Our research has shown that that the program will be invested in the top-ranked funds approximately 75% of the time and invested entirely in fixed income approximately 25% of the time.0.24501.3113
ModelxChangeQ3 Asset ManagementQ3AM EA-6 Sector Moderate6/30/2014 12:00:00 AM6.281621.115814.778417.26096.281622.188412.34854.745320.192625.07837.1410.111.971.631320Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13200.50000EA – 6 Sector allows an investor to participate in rising equity markets, and just as importantly, maintain the ability to preserve capital during adverse market conditions. The program attempts to provide the investor with superior returns and reduced volatility relative to a passively managed benchmark. EA-6 Sector improves upon a momentum investing approach by evaluating the general market conditions prior to investing or re-allocating a client’s account. During unfavorable market conditions the strategy will allocate one hundred percent of an investor’s portfolio to fixed income in an effort to preserve capital. During favorable market conditions the strategy identifies and ranks an assortment of available equity and bond funds based on recent performance using a proprietary momentum based algorithm. Client accounts are then re-allocated into the six top-ranked mutual funds in accordance with the investor’s risk tolerance. Our research has shown that that the program will be invested in the top-ranked funds approximately 75% of the time and invested entirely in fixed income approximately 25% of the time. 0.19611.2331
ModelxChangeQ3 Asset ManagementQ3AM SA- 6 Growth6/30/2014 12:00:00 AM2.795920.77526.649811.51742.795927.58576.6695-10.163615.685924.546310.1111.580.6811322Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13220.50000SA – 6 Sector allows an investor to participate in rising equity markets, and just as importantly, maintain the ability to reduce exposure to equities during bear markets. The program attempts to provide the investor with superior returns and reduced volatility relative to a passively managed benchmark. Q3 Asset Management’s Strategic Allocation – 6 (SA-6) strategy follows a systematic approach that can be thought of as an asset allocation model with the ability to adapt to changing market conditions. Drawing from years of academic & market research, the methodology embraces the concept of momentum investing which analyzes and ranks an assortment of mutual funds based on recent performance. The program invests in the highest ranked funds under the premise that they will continue to be strong performers for the next period. During adverse market conditions, income oriented investments may become a larger portion of the portfolio.0.8000
ModelxChangeQ3 Asset ManagementQ3AM SA-6 Conservative6/30/2014 12:00:00 AM2.173713.09635.491310.14952.173718.11926.1988-7.585814.828627.06117.118.640.781.161324Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13240.50000SA – 6 Sector allows an investor to participate in rising equity markets, and just as importantly, maintain the ability to reduce exposure to equities during bear markets. The program attempts to provide the investor with superior returns and reduced volatility relative to a passively managed benchmark. Q3 Asset Management’s Strategic Allocation – 6 (SA-6) strategy follows a systematic approach that can be thought of as an asset allocation model with the ability to adapt to changing market conditions. Drawing from years of academic & market research, the methodology embraces the concept of momentum investing which analyzes and ranks an assortment of mutual funds based on recent performance. The program invests in the highest ranked funds under the premise that they will continue to be strong performers for the next period. During adverse market conditions, income oriented investments may become a larger portion of the portfolio.0.8000
ModelxChangeQ3 Asset ManagementQ3AM SA-6 Moderate6/30/2014 12:00:00 AM2.363816.33275.797110.48142.363821.51597.6726-10.340413.846726.41088.519.840.71.061323Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13230.50000SA – 6 Sector allows an investor to participate in rising equity markets, and just as importantly, maintain the ability to reduce exposure to equities during bear markets. The program attempts to provide the investor with superior returns and reduced volatility relative to a passively managed benchmark. Q3 Asset Management’s Strategic Allocation – 6 (SA-6) strategy follows a systematic approach that can be thought of as an asset allocation model with the ability to adapt to changing market conditions. Drawing from years of academic & market research, the methodology embraces the concept of momentum investing which analyzes and ranks an assortment of mutual funds based on recent performance. The program invests in the highest ranked funds under the premise that they will continue to be strong performers for the next period. During adverse market conditions, income oriented investments may become a larger portion of the portfolio.0.8000
ModelxChangeSector Capital Management, LLCSCM Aggressive Balanced ETF Allocation Strategy1259Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12590.50000The objective of our risk-based models is to provide an optimal strategic asset allocation of equity and fixed income funds that meet a range of risk tolerances. We attempt to optimize our allocations to provide attractive risk-adjusted returns over time and in some cases that provide a high level of income. Through our mutual fund models our objective is to provide high quality actively managed solutions with consistency of returns. Through ETFs, our objective is to provide an attractive low-cost alternative utilizing index-based funds from top ETF providers. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.6973
ModelxChangeSector Capital Management, LLCSCM Aggressive Global Equity Only ETF Allocation Strategy1260Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12600.50000The objective of our risk-based models is to provide an optimal strategic asset allocation of equity and fixed income funds that meet a range of risk tolerances. We attempt to optimize our allocations to provide attractive risk-adjusted returns over time and in some cases that provide a high level of income. Through our mutual fund models our objective is to provide high quality actively managed solutions with consistency of returns. Through ETFs, our objective is to provide an attractive low-cost alternative utilizing index-based funds from top ETF providers. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.6287
ModelxChangeSector Capital Management, LLCSCM Conservative Balanced ETF Allocation Strategy1255Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12550.50000Conservative Model is designed to protect principal, while providing equity exposure to maintain portfolio growth over long periods. This strategy is invested 75% in fixed income (shorter duration ETFs) and 25% in mixed equity ETFs. Participants with a shorter retirement timeframe may consider this model to allow for some growth with a protected fixed income base. Designed for those who are risk averse with some equity growth that exhibits less volatility. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.6779
ModelxChangeSector Capital Management, LLCSCM Conservative Moderate Balanced ETF Allocation Strategy1256Retirement Incomehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12560.50000Income model seeks to mazimize income while retaining some capital growth. The strategy mix is 60% fixed income and 40% equity ETFs with a focus on income producing investments. This risk-based model was designed for participants who want income with some upside potential from capital appreciation. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.6830
ModelxChangeSector Capital Management, LLCSCM Growth Balanced ETF Allocation Strategy1258Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12580.50000The objective of our risk-based models is to provide an optimal strategic asset allocation of equity and fixed income funds that meet a range of risk tolerances. We attempt to optimize our allocations to provide attractive risk-adjusted returns over time and in some cases that provide a high level of income. Through our mutual fund models our objective is to provide high quality actively managed solutions with consistency of returns. Through ETFs, our objective is to provide an attractive low-cost alternative utilizing index-based funds from top ETF providers. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.7039
ModelxChangeSector Capital Management, LLCSCM Maximum Income Balanced ETF Allocation Strategy6/30/2014 12:00:00 AM1567Retirement Incomehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL15670.50000Maximum Income Balanced Strategy is a risk-based strategic asset allocation model designed for people looking to maximize income with some growth. It is a professionally managed moderate balanced strategy with an emphasis on income producing ETFs. It is designed to be approximately 50% to fixed income related ETFs and 50% to equity related ETFs. The equity allocation is moderate in nature but well diversified into both US and Non-US high dividend ETFs along with MLPs and REITs. The fixed income allocation has a heavier weighting to non-traditional and higher yielding bond ETFs. The recent average weighted expense ratio for this model is 0.31% and the weighted average trailing 12 month yield is 3.4%. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.8079
ModelxChangeSector Capital Management, LLCSCM Moderate Balanced ETF Allocation Strategy1257Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12570.50000The objective of our risk-based models is to provide an optimal strategic asset allocation of equity and fixed income funds that meet a range of risk tolerances. We attempt to optimize our allocations to provide attractive risk-adjusted returns over time and in some cases that provide a high level of income. Through our mutual fund models our objective is to provide high quality actively managed solutions with consistency of returns. Through ETFs, our objective is to provide an attractive low-cost alternative utilizing index-based funds from top ETF providers. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.6860
ModelxChangeSector Capital Management, LLCSCM Ultra Conservative ETF Allocation Strategy1254Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12540.50000The goal of the Ultra Conservative model is to portect principal, while avoiding the huge swings in the equity markets. The investment mix of the model is 10% equity and 90% fixed ETFs with a current focus on shorter dated investments with minimal interest rate volatillity. In time, as interest rates go back to historical norms this outlook may change. This strategy is appropriate for risk averse participants who want a protfolio that exhibits limited volatility. With mutual funds, Sector goes through a rigorous screening process to identify best-in-class third-party managers. We look for actively managed strategies that have disciplined and repeatable investment processes and that have consistency in performance and risk management over time. After we have identified asset class and style leaders, we optimize a range of risk-based portfolios from ultra conservative up to aggressive and equity only. For a low-cost alternative, Sector believes index-based Exchange Traded Funds (ETFs) are an attractive and inexpensive alternative. We identify index-based ETFs from the largest providers in the world that meet a series of criteria including liquidity, track-error, performance consistency, style consistency, and cost. Similarly to our mutual fund risk-based allocation models, once we have identified the most attractive equity and fixed income ETFs, we optimize a range of portfolios from low risk (ultra conservative) to high risk (aggressive and equity only). 0.6908
ModelxChangeStadion Money ManagementStadion Risk Based Balanced6/30/2014 12:00:00 AM808Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8080.55000The Fund’s objective is to achieve a balance between long-term capital appreciation and capital preservation. The Fund strives to capture roughly 60% of the market’s up moves while avoiding at least 40% of the market’s down moves relative to the S & P 500® over a full market cycle. The investment objective of the Stadion Risk Based Balanced Fund is to seek long-term capital appreciation while maintaining an equal emphasis on capital preservation. . The Fund invests primarily in exchange traded funds. The Fund consists of an equity allocation, a fixed income allocation and an actively managed flex position. The flex allocation will generally invest in equity markets or market sectors when the Advisor’s model suggests that those markets or market sectors have become or are becoming low risk and offer opportunities for growth. Likewise, the flex allocation generally will move out of these markets or market sectors when the model suggests these markets or market segments have or are becoming more risky. The Fund is actively managed and periodically weighted toward market sectors in an attempt to achieve the stated objective. Since the Fund’s assets can and will be allocated to cash or cash equivalent positions as a defensive measure to preserve capital, the Fund will generally tend to underperform as compared to the S & P 500 Index during periods of prolonged rising market prices, but generally outperform the S & P 500 Index during periods of prolonged declining market prices. 0.6835
ModelxChangeStadion Money ManagementStadion Risk Based Capital Preservation6/30/2014 12:00:00 AM810Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8100.55000The Fund’s objective is to achieve a balance between long-term capital appreciation and capital preservation. The Fund strives to capture roughly 50% of the market’s up moves while avoiding at least 80% of the market’s down moves relative to the S & P 500® over a full market cycle. The investment objective of the Stadion Risk Based Capital Preservation Fund is to maintain emphasis on capital preservation while seeking selective opportunities for long term capital appreciation. The Fund invests primarily in exchange traded funds. The Fund consists of an equity allocation, a fixed income allocation and an actively managed flex position. The flex allocation will generally invest in equity markets or market sectors when the Advisor’s model suggests that those markets or market sectors have become or are becoming low risk and offer opportunities for growth. Likewise, the flex allocation generally will move out of these markets or market sectors when the model suggests these markets or market segments have or are becoming more risky. The Fund is actively managed and periodically weighted toward market sectors in an attempt to achieve the stated objective. Since the Fund’s assets can and will be allocated to cash or cash equivalent positions as a defensive measure to preserve capital, the Fund will generally tend to underperform as compared to the S & P 500 Index during periods of prolonged rising market prices, but generally outperform the S & P 500 Index during periods of prolonged declining market prices. 0.6834
ModelxChangeStadion Money ManagementStadion Risk Based Conservative6/30/2014 12:00:00 AM809Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8090.55000The Fund’s objective is to achieve a balance between long-term capital appreciation and capital preservation. The Fund strives to capture roughly 50% of the market’s up moves while avoiding at least 60% of the market’s down moves relative to the S & P 500® over a full market cycle. The investment objective of the Stadion Risk Based Conservative Fund is to maintain emphasis on capital preservation while seeking selective opportunities for long-term capital appreciation. The Fund invests primarily in exchange traded funds. The Fund consists of an equity allocation, a fixed income allocation and an actively managed flex position. The flex allocation will generally invest in equity markets or market sectors when the Advisor’s model suggests that those markets or market sectors have become or are becoming low risk and offer opportunities for growth. Likewise, the flex allocation generally will move out of these markets or market sectors when the model suggests these markets or market segments have or are becoming more risky. The Fund is actively managed and periodically weighted toward market sectors in an attempt to achieve the stated objective. Since the Fund’s assets can and will be allocated to cash or cash equivalent positions as a defensive measure to preserve capital, the Fund will generally tend to underperform as compared to the S & P 500 Index during periods of prolonged rising market prices, but generally outperform the S & P 500 Index during periods of prolonged declining market prices. 0.6881
ModelxChangeStadion Money ManagementStadion Risk Based Growth6/30/2014 12:00:00 AM806Aggressive Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8060.55000The Fund’s objective is to achieve a balance between long-term capital appreciation and capital preservation. The Fund strives to capture roughly 70% of the market’s up moves while avoiding at least 20% of the market’s down moves relative to the S & P 500® over a full market cycle The investment objective of the Stadion Risk Based Growth Fund is to seek long-term capital appreciation while maintaining a secondary emphasis on capital preservation. The Fund invests primarily in exchange traded funds. The Fund consists of an equity allocation, a fixed income allocation and an actively managed flex position. The flex allocation will generally invest in equity markets or market sectors when the Advisor’s model suggests that those markets or market sectors have become or are becoming low risk and offer opportunities for growth. Likewise, the flex allocation generally will move out of these markets or market sectors when the model suggests these markets or market segments have or are becoming more risky. The Fund is actively managed and periodically weighted toward market sectors in an attempt to achieve the stated objective. Since the Fund’s assets can and will be allocated to cash or cash equivalent positions as a defensive measure to preserve capital, the Fund will generally tend to underperform as compared to the S & P 500 Index during periods of prolonged rising market prices, but generally outperform the S & P 500 Index during periods of prolonged declining market prices. 0.6983
ModelxChangeStadion Money ManagementStadion Risk Based Moderate6/30/2014 12:00:00 AM807Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8070.55000The Fund’s objective is to achieve a balance between long-term capital appreciation and capital preservation. The Fund strives to capture roughly 60% of the market’s up moves while avoiding at least 25% of the market’s down moves relative to the S & P 500® over a full market cycle. The investment objective of the Stadion Risk Based Moderate Fund is to seek long-term capital appreciation while maintaining a secondary emphasis on capital preservation. The Fund invests primarily in exchange traded funds. The Fund consists of an equity allocation, a fixed income allocation and an actively managed flex position. The flex allocation will generally invest in equity markets or market sectors when the Advisor’s model suggests that those markets or market sectors have become or are becoming low risk and offer opportunities for growth. Likewise, the flex allocation generally will move out of these markets or market sectors when the model suggests these markets or market segments have or are becoming more risky. The Fund is actively managed and periodically weighted toward market sectors in an attempt to achieve the stated objective. Since the Fund’s assets can and will be allocated to cash or cash equivalent positions as a defensive measure to preserve capital, the Fund will generally tend to underperform as compared to the S & P 500 Index during periods of prolonged rising market prices, but generally outperform the S & P 500 Index during periods of prolonged declining market prices. 0.6911
ModelxChangeStadion Money ManagementStadion Target Date 20106/30/2014 12:00:00 AM804Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8040.55000The Stadion Target Date Fund Series is designed to change the investment allocation as retirement nears. Depending on the proximity to its target date, each fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The Stadion Target Date Funds are made up of an equity portion, fixed income portion and a flex portion that are actively managed. As the retirement date nears, the equity allocation decreases, while the fixed income allocation increases automatically. Initially, the flex portion will be managed with an emphasis on aggressive market exposure resulting in the greatest amount of market risk for the potential of greater returns. Overtime, this portion will be managed with an increasingly conservative emphasis on market exposure. The Funds invest primarily in exchange-traded funds (“ETFs”) and cash positions. Generally the target date funds will be actively managed and periodically weighted toward market sector positions selected by the Advisor when the Advisor believes its asset allocation model indicates that the applicable market or sector is likely to appreciate. Likewise, the Funds will be weighted toward cash or cash equivalent positions when the Advisor believes the cash asset class offers the best performance potential in weak market environments. The target date funds may invest in any type of ETF, including index-based ETFs, sector-based ETFs, inverse ETFs, and fixed-income ETFs. The Funds may hold ETFs with portfolios comprised of domestic or foreign stocks or bonds or any combination thereof. 0.6906
ModelxChangeStadion Money ManagementStadion Target Date 20206/30/2014 12:00:00 AM803Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8030.55000The Stadion Target Date Fund Series is designed to change the investment allocation as retirement nears. Depending on the proximity to its target date, each fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The Stadion Target Date Funds are made up of an equity portion, fixed income portion and a flex portion that are actively managed. As the retirement date nears, the equity allocation decreases, while the fixed income allocation increases automatically. Initially, the flex portion will be managed with an emphasis on aggressive market exposure resulting in the greatest amount of market risk for the potential of greater returns. Overtime, this portion will be managed with an increasingly conservative emphasis on market exposure. The Funds invest primarily in exchange-traded funds (“ETFs”) and cash positions. Generally the target date funds will be actively managed and periodically weighted toward market sector positions selected by the Advisor when the Advisor believes its asset allocation model indicates that the applicable market or sector is likely to appreciate. Likewise, the Funds will be weighted toward cash or cash equivalent positions when the Advisor believes the cash asset class offers the best performance potential in weak market environments. The target date funds may invest in any type of ETF, including index-based ETFs, sector-based ETFs, inverse ETFs, and fixed-income ETFs. The Funds may hold ETFs with portfolios comprised of domestic or foreign stocks or bonds or any combination thereof. 0.6964
ModelxChangeStadion Money ManagementStadion Target Date 20306/30/2014 12:00:00 AM802Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8020.55000The Stadion Target Date Fund Series is designed to change the investment allocation as retirement nears. Depending on the proximity to its target date, each fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The Stadion Target Date Funds are made up of an equity portion, fixed income portion and a flex portion that are actively managed. As the retirement date nears, the equity allocation decreases, while the fixed income allocation increases automatically. Initially, the flex portion will be managed with an emphasis on aggressive market exposure resulting in the greatest amount of market risk for the potential of greater returns. Overtime, this portion will be managed with an increasingly conservative emphasis on market exposure. The Funds invest primarily in exchange-traded funds (“ETFs”) and cash positions. Generally the target date funds will be actively managed and periodically weighted toward market sector positions selected by the Advisor when the Advisor believes its asset allocation model indicates that the applicable market or sector is likely to appreciate. Likewise, the Funds will be weighted toward cash or cash equivalent positions when the Advisor believes the cash asset class offers the best performance potential in weak market environments. The target date funds may invest in any type of ETF, including index-based ETFs, sector-based ETFs, inverse ETFs, and fixed-income ETFs. The Funds may hold ETFs with portfolios comprised of domestic or foreign stocks or bonds or any combination thereof. 0.7005
ModelxChangeStadion Money ManagementStadion Target Date 20406/30/2014 12:00:00 AM801Target Date 2041-2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8010.55000The Stadion Target Date Fund Series is designed to change the investment allocation as retirement nears. Depending on the proximity to its target date, each fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The Stadion Target Date Funds are made up of an equity portion, fixed income portion and a flex portion that are actively managed. As the retirement date nears, the equity allocation decreases, while the fixed income allocation increases automatically. Initially, the flex portion will be managed with an emphasis on aggressive market exposure resulting in the greatest amount of market risk for the potential of greater returns. Overtime, this portion will be managed with an increasingly conservative emphasis on market exposure. The Funds invest primarily in exchange-traded funds (“ETFs”) and cash positions. Generally the target date funds will be actively managed and periodically weighted toward market sector positions selected by the Advisor when the Advisor believes its asset allocation model indicates that the applicable market or sector is likely to appreciate. Likewise, the Funds will be weighted toward cash or cash equivalent positions when the Advisor believes the cash asset class offers the best performance potential in weak market environments. The target date funds may invest in any type of ETF, including index-based ETFs, sector-based ETFs, inverse ETFs, and fixed-income ETFs. The Funds may hold ETFs with portfolios comprised of domestic or foreign stocks or bonds or any combination thereof. 0.7145
ModelxChangeStadion Money ManagementStadion Target Date 20506/30/2014 12:00:00 AM800Target Date 2050+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8000.55000The Stadion Target Date Fund Series is designed to change the investment allocation as retirement nears. Depending on the proximity to its target date, each fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The Stadion Target Date Funds are made up of an equity portion, fixed income portion and a flex portion that are actively managed. As the retirement date nears, the equity allocation decreases, while the fixed income allocation increases automatically. Initially, the flex portion will be managed with an emphasis on aggressive market exposure resulting in the greatest amount of market risk for the potential of greater returns. Overtime, this portion will be managed with an increasingly conservative emphasis on market exposure. The Funds invest primarily in exchange-traded funds (“ETFs”) and cash positions. Generally the target date funds will be actively managed and periodically weighted toward market sector positions selected by the Advisor when the Advisor believes its asset allocation model indicates that the applicable market or sector is likely to appreciate. Likewise, the Funds will be weighted toward cash or cash equivalent positions when the Advisor believes the cash asset class offers the best performance potential in weak market environments. The target date funds may invest in any type of ETF, including index-based ETFs, sector-based ETFs, inverse ETFs, and fixed-income ETFs. The Funds may hold ETFs with portfolios comprised of domestic or foreign stocks or bonds or any combination thereof. 0.7473
ModelxChangeStadion Money ManagementStadion Target Date Income6/30/2014 12:00:00 AM805Target Date 2000-2010https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8050.55000The Stadion Target Date Fund Series is designed to change the investment allocation as retirement nears. Depending on the proximity to its target date, each fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The Stadion Target Date Funds are made up of an equity portion, fixed income portion and a flex portion that are actively managed. As the retirement date nears, the equity allocation decreases, while the fixed income allocation increases automatically. Initially, the flex portion will be managed with an emphasis on aggressive market exposure resulting in the greatest amount of market risk for the potential of greater returns. Overtime, this portion will be managed with an increasingly conservative emphasis on market exposure. The Funds invest primarily in exchange-traded funds (“ETFs”) and cash positions. Generally the target date funds will be actively managed and periodically weighted toward market sector positions selected by the Advisor when the Advisor believes its asset allocation model indicates that the applicable market or sector is likely to appreciate. Likewise, the Funds will be weighted toward cash or cash equivalent positions when the Advisor believes the cash asset class offers the best performance potential in weak market environments. The target date funds may invest in any type of ETF, including index-based ETFs, sector-based ETFs, inverse ETFs, and fixed-income ETFs. The Funds may hold ETFs with portfolios comprised of domestic or foreign stocks or bonds or any combination thereof. 0.6955
ModelxChangeSterling Global StrategiesSterling Alternative Bond Strategy613Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6130.50000Investment Objective: Attempt to profit from a rising interest rate environment. SGS believes interest rates will rise significantly over the next 20 years and SALT was created to potentially take advantage of the coming cycle Investment Strategy: Re-evaluate our seven potential etf’s on the last trading day of each month. Overweight the best two asset classes based on our proprietary algorithm 50/50. Follow Institutional money flows to TIP’s, U.S. high yield and investment grade bonds, emerging market debt, sovereign debt, inverse 20 year U.S. treasuries, and cash through intermediate term trend analysis.0.8457
ModelxChangeSterling Global StrategiesSterling Emerging Markets Strategy614Diversified Emerging Mktshttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6140.50000Investment Objective: Attempt to reduce volatility within the emerging market sector by rotating between emerging market ETF’s as well as developed country ETF’s. Investment Strategy: Re-evaluate our six potential ETF’s on the last trading day of each month. Overweight the best two asset classes based on our proprietary algorithm 50/50. Follow Institutional money flows to Brazil, China, India, Germany, Australia, and cash through intermediate term trend analysis.1.1299
ModelxChangeSterling Global StrategiesSterling Global Allocation Strategy615World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6150.50000To attempt to benefit from the investment themes and performance of the Sterling Tactical Rotation Strategy, the Sterling Emerging Markets Strategy, and the Sterling Tactical Bond Strategy within one investment vehicle. Invest 50% of assets in the Sterling Tactical Rotation Strategy, 30% in the Sterling Emerging Markets Strategy, and 20% in the Sterling Tactical Bond Strategy. Investment Strategy: Re-evaluate our six potential etf’s on the last trading day of each month. Overweight the best two asset classes based on our proprietary algorithm 50/50. Follow Institutional money flows to commodities, REIT’s, U.S. equities, International equities, U.S. bonds, and cash through intermediate term trend analysis. Investment Strategy: Re-evaluate our six potential ETF’s on the last trading day of each month. Overweight the best two asset classes based on our proprietary algorithm 50/50. Follow Institutional money flows to Brazil, China, India, Germany, Australia, and cash through intermediate term trend analysis. Investment Strategy: Re-evaluate our seven potential ETF’s on the last trading day of each month. Overweight the best two asset classes based on our proprietary algorithm 50/50. Follow Institutional money flows to TIP’s, U.S. high yield and investment grade bonds, emerging market debt, sovereign debt, inverse 20 year U.S. treasuries, and cash through intermediate term trend analysis.0.8005
ModelxChangeSterling Global StrategiesSterling Tactical Bond Strategy612Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6120.50000Sterling Tactical Bond Strategy Investment Objective: To outperform during both rising and falling interest rate and inflationary cycles. Investment Strategy: Re-evaluate our six potential ETF’s on the last trading day of each month. Overweight the best two asset classes based on our proprietary algorithm 50/50. Follow Institutional money flows to TIP’s, U.S. high yield and investment grade bonds, emerging market debt, sovereign debt, and cash through intermediate term trend analysis.0.8457
ModelxChangeSterling Global StrategiesSterling Tactical Rotation Strategy602World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6020.50000Sterling Tactical Rotation Strategy Investment Objective: To post positive returns on a calendar year basis. Attempt to keep up with the broad equity indices during bull markets Investment Strategy: Re-evaluate our six potential ETF’s on the last trading day of each month. Overweight the best two asset classes based on our proprietary algorithm 50/50. Follow Institutional money flows to commodities, REIT’s, U.S. equities, International equities, U.S. bonds, and cash through intermediate term trend analysis. 0.5980
ModelxChangeThe Appleton Group, LLCAppleton Group All-Flex Target 20151416Target Date 2011-2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14160.50000This portfolio is designed for participants seeking to retire in or around 2015. The Appleton Group ALL-FLEX Target Series works to achieve sustainable and adequate growth for investors planning to retire by a certain date. Like traditional target date funds, The Appleton Group ALL-FLEX Target Series will automatically reduce exposure to equity securities and increase exposure to fixed income securities as the investor approaches retirement. Unlike traditional target date funds, The Appleton Group ALL-FLEX Target Series will also systematically adjust the portfolio toward “no-risk assets” when price trends deteriorate. This trend-following discipline works to minimize exposure to risk during declining market environments to improve an investor’s probability of retiring by the target retirement date by achieving more consistent returns over time. 0.7782
ModelxChangeThe Appleton Group, LLCAppleton Group All-Flex Target 20201417Target Date 2016-2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14170.50000This portfolio is designed for participants seeking to retire in or around 2020. The Appleton Group ALL-FLEX Target Series works to achieve sustainable and adequate growth for investors planning to retire by a certain date. Like traditional target date funds, The Appleton Group ALL-FLEX Target Series will automatically reduce exposure to equity securities and increase exposure to fixed income securities as the investor approaches retirement. Unlike traditional target date funds, The Appleton Group ALL-FLEX Target Series will also systematically adjust the portfolio toward “no-risk assets” when price trends deteriorate. This trend-following discipline works to minimize exposure to risk during declining market environments to improve an investor’s probability of retiring by the target retirement date by achieving more consistent returns over time. 0.7707
ModelxChangeThe Appleton Group, LLCAppleton Group All-Flex Target 20251418Target Date 2021-2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14180.50000This portfolio is designed for participants seeking to retire in or around 2025. The Appleton Group ALL-FLEX Target Series works to achieve sustainable and adequate growth for investors planning to retire by a certain date. Like traditional target date funds, The Appleton Group ALL-FLEX Target Series will automatically reduce exposure to equity securities and increase exposure to fixed income securities as the investor approaches retirement. Unlike traditional target date funds, The Appleton Group ALL-FLEX Target Series will also systematically adjust the portfolio toward “no-risk assets” when price trends deteriorate. This trend-following discipline works to minimize exposure to risk during declining market environments to improve an investor’s probability of retiring by the target retirement date by achieving more consistent returns over time. 0.7661
ModelxChangeThe Appleton Group, LLCAppleton Group All-Flex Target 20301419Target Date 2026-2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14190.50000This portfolio is designed for participants seeking to retire in or around 2030. The Appleton Group ALL-FLEX Target Series works to achieve sustainable and adequate growth for investors planning to retire by a certain date. Like traditional target date funds, The Appleton Group ALL-FLEX Target Series will automatically reduce exposure to equity securities and increase exposure to fixed income securities as the investor approaches retirement. Unlike traditional target date funds, The Appleton Group ALL-FLEX Target Series will also systematically adjust the portfolio toward “no-risk assets” when price trends deteriorate. This trend-following discipline works to minimize exposure to risk during declining market environments to improve an investor’s probability of retiring by the target retirement date by achieving more consistent returns over time. 0.7607
ModelxChangeThe Appleton Group, LLCAppleton Group All-Flex Target 20351420Target Date 2031-2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14200.50000This portfolio is designed for participants seeking to retire in or around 2035. The Appleton Group ALL-FLEX Target Series works to achieve sustainable and adequate growth for investors planning to retire by a certain date. Like traditional target date funds, The Appleton Group ALL-FLEX Target Series will automatically reduce exposure to equity securities and increase exposure to fixed income securities as the investor approaches retirement. Unlike traditional target date funds, The Appleton Group ALL-FLEX Target Series will also systematically adjust the portfolio toward “no-risk assets” when price trends deteriorate. This trend-following discipline works to minimize exposure to risk during declining market environments to improve an investor’s probability of retiring by the target retirement date by achieving more consistent returns over time. 0.7535
ModelxChangeThe Appleton Group, LLCAppleton Group Portfolio6/30/2014 12:00:00 AM5.885618.26429.164011.35745.885613.979812.75610.18357.834316.27336.778.21.331.35138Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1380.50000Total return (capital appreciation plus income) The Appleton Group Composite employs an ETF trendfollowing discipline designed to systematically adjust the portfolio as market conditions change. This strategy seeks to invest exclusively in ETFs whose current price trend is rising, while eliminating exposure to ETFs whose current price trend is falling.0.7331
ModelxChangeThe Appleton Group, LLCAppleton Group-Conservative6/30/2014 12:00:00 AM5.313515.52628.65559.83345.31359.857011.78782.61837.054614.07745.76.221.481.53139Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1390.50000Total return (capital appreciation plus income) The Appleton Group Portfolio - Conservative combines the Appleton Group Portfolio’s flexible, core investment strategy with a specific allocation to fixed income and/or money-market assets. 0.7533
ModelxChangeThe Appleton Group, LLCAppleton Group-Managed Income827Conservative Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8270.50000Total return (capital appreciation plus income) The clearTREND™ Managed Income Composite invests mainly in a variety of fixed income and dividend paying Exchange Traded Funds (ETFs). It employs an ETF trend-following discipline designed to systematically adjust the portfolio in real time as market conditions change. This strategy seeks to invest exclusively in our targeted ETFs whose optimal price trend is rising, while reducing and/or eliminating exposure to those ETFs whose optimal price trend is falling.0.8560
ModelxChangeThe Appleton Group, LLCAppleton Group-Moderate6/30/2014 12:00:00 AM5.750316.70767.45339.49885.750311.136912.7058-3.26177.750115.63477.717.730.971.21140Moderate Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1400.50000Total return (capital appreciation plus income) The Appleton Group Portfolio - Moderate combines the Appleton Group Portfolio’s flexible, core investment strategy with a specific allocation to fixed income and/or money-market assets. 0.7721
ModelxChangeTuttle Tactical ManagementTTM Momentum Absolute Return Strategy6/30/2014 12:00:00 AM-1.698011.52084.97712.9583-1.698019.13900.1736-1.37850.00000.00007.325.680.690.531341Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13410.45000The underlying premise of TIM's tactical approach is: markets move in recognizable short and intermediate­ term trends and countertrends. TTM's Momentum: Absolute Return Strategy uses momentum analysis with the goal of staying in harmony with intermediate-term trends. 0.9771
ModelxChangeTuttle Tactical ManagementTTM Momentum Core Strategy6/30/2014 12:00:00 AM-2.192915.02106.15383.6494-2.192923.1491-0.6011-0.07040.00000.00008.366.510.750.571342Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL13420.45000The underlying premise of TTM's tactical approach is: markets move in recognizable short and intermediate­ term trends and countertrends. TTM's Momentum: Core Strategy uses momentum analysis with the goal of staying in harmony with intermediate-term trends.