ModelxChange Performance and Statistics
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NameModel IDStyleProfileManagement FeeMinimum
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Strategy_descEst. 12b1Est. SubTATotal Model Expense
ModelxChange3D Asset Management3D Global ETF 1001/31/2019 12:00:00 AM8.6253-8.062610.89826.92378.6253-11.537521.879211.1453-1.93086.149110.610.660.920.62100Allocation--85%+ Equityhttps://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. 0.7790
ModelxChange3D Asset Management3D Global ETF 201/31/2019 12:00:00 AM3.4871-1.68524.81683.13283.4871-4.49614.809510.1752-0.77892.72714.854.320.760.57108Allocation--30% to 50% Equityhttps://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.0.7116
ModelxChange3D Asset Management3D Global ETF 20 - Tax Sensitive1/31/2019 12:00:00 AM1.8900-0.18523.57902.75181.8900-1.81138.67341.70580.54042.81563.583.180.680.642147Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21470.40000The investment objective of the Portfolio is to earn an expected average annualized return of 5.50% to 6.50% over time, consisting of capital appreciation and tax-sensitive yield The Portfolio’s target allocation is 20% equity funds and 80% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.5638
ModelxChange3D Asset Management3D Global ETF 301/31/2019 12:00:00 AM3.9700-2.01125.71063.76193.9700-4.697310.31026.5459-0.49403.25004.654.510.970.682136Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21360.40000The investment objective of the Portfolio is to earn an expected average annualized return of 6% to 7% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 30% equity funds and 70% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7201
ModelxChange3D Asset Management3D Global ETF 30 - Tax Sensitive1/31/2019 12:00:00 AM2.5900-1.35694.19392.5900-3.433811.11391.87130.68574.550.672140Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21400.40000The investment objective of the Portfolio is to earn an expected average annualized return of 6% to 7% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 30% equity funds and 70% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.5907
ModelxChange3D Asset Management3D Global ETF 401/31/2019 12:00:00 AM4.7231-3.00396.11453.98414.7231-5.885411.08396.9853-0.86553.64825.435.330.910.63109Allocation--50% to 70% Equityhttps://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. 0.7284
ModelxChange3D Asset Management3D Global ETF 40 - Tax Sensitive1/31/2019 12:00:00 AM3.5800-1.51425.91354.22743.5800-3.691512.11734.5558-0.34514.67544.94.770.960.742141Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21410.40000The investment objective of the Portfolio is to earn an expected average annualized return of 6.50% to 7.50% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 40% equity funds and 60% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6176
ModelxChange3D Asset Management3D Global ETF 501/31/2019 12:00:00 AM5.0287-5.13836.45263.99615.0287-8.263412.93588.0433-1.89384.07466.346.320.840.542137Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21370.40000The investment objective of the Portfolio is to earn an expected average annualized return of 7% to 8% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 50% equity funds and 50% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7369
ModelxChange3D Asset Management3D Global ETF 50 - Tax Sensitive1/31/2019 12:00:00 AM4.3700-5.21935.18943.62474.3700-7.526012.50545.2863-1.29654.69286.095.880.670.512142Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21420.40000The investment objective of the Portfolio is to earn an expected average annualized return of 7% to 8% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 50% equity funds and 50% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6445
ModelxChange3D Asset Management3D Global ETF 601/31/2019 12:00:00 AM6.0480-4.69877.48585.18566.0480-7.814514.16478.14370.37574.47927.146.880.890.67110Allocation--50% to 70% Equityhttps://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. 0.7453
ModelxChange3D Asset Management3D Global ETF 60 - Tax Sensitive1/31/2019 12:00:00 AM5.4300-3.34443.75342.70345.4300-6.33302.24267.5789-1.58115.14578.77.890.330.292143Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21430.40000The investment objective of the Portfolio is to earn an expected average annualized return of 7.50% to 8.50% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 60% equity funds and 40% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6714
ModelxChange3D Asset Management3D Global ETF 701/31/2019 12:00:00 AM6.2470-6.75877.86095.09256.2470-10.015616.40859.1078-1.52545.02767.998.010.840.572138Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21380.40000The investment objective of the Portfolio is to earn an expected average annualized return of 8% to 9% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 70% equity funds and 30% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7537
ModelxChange3D Asset Management3D Global ETF 70 - Tax Sensitive1/31/2019 12:00:00 AM5.9700-3.80348.58025.46175.9700-6.753714.37609.6793-2.21905.67667.617.540.970.652144Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21440.40000The investment objective of the Portfolio is to earn an expected average annualized return of 8% to 9% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 70% equity funds and 30% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.6983
ModelxChange3D Asset Management3D Global ETF 801/31/2019 12:00:00 AM7.2901-6.54858.97285.81277.2901-9.857217.139110.0525-1.48735.42238.798.810.890.6112Allocation--70% to 85% Equityhttps://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. 0.7621
ModelxChange3D Asset Management3D Global ETF 80 - Tax Sensitive1/31/2019 12:00:00 AM6.9100-5.55659.62806.27336.9100-8.789716.445111.3268-1.59486.24538.888.80.950.662145Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21450.40000The investment objective of the Portfolio is to earn an expected average annualized return of 8.50% to 9.50% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 80% equity funds and 20% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes.0.7252
ModelxChange3D Asset Management3D Global ETF 901/31/2019 12:00:00 AM7.9500-7.57747.9500-10.882120.45552139Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21390.40000The investment objective of the Portfolio is to earn an expected average annualized return of 9% to 10% over time, consisting of capital appreciation and dividend yield. The Portfolio’s target allocation is 90% equity funds and 10% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, bond markets, and certain alternative assets, such as REITs and commodity indexes.0.7705
ModelxChange3D Asset Management3D Global ETF 90 - Tax Sensitive1/31/2019 12:00:00 AM8.18008.18002146Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21460.40000The investment objective of the Portfolio is to earn an expected average annualized return of 9% to 10% over time, consisting of capital appreciation and tax-sensitive yield. The Portfolio’s target allocation is 90% equity funds and 10% fixed income funds. The portfolio seeks to achieve diversification and cost control by investing in ETFs that track both domestic and international equity markets, municipal bond markets, and certain alternative assets, such as REITs and commodity indexes. 0.7521
ModelxChange3D Asset Management3D Global ETF Fixed Income1/31/2019 12:00:00 AM2.41930.87093.37082.35122.4193-1.96884.93594.68850.39711.86523.042.560.720.64676Multisector Bondhttps://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.0.6948
ModelxChange3D Asset Management3D/Newfound PrudentPath 20151/31/2019 12:00:00 AM5.4582-4.02305.83145.4582-7.074711.25025.1820-2.36825.940.791472Target-Date 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.0.9186
ModelxChange3D Asset Management3D/Newfound PrudentPath 20201/31/2019 12:00:00 AM4.2679-5.62907.42284.2679-6.944716.14166.2261-5.50766.181.011473Target-Date 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.0.9186
ModelxChange3D Asset Management3D/Newfound PrudentPath 20251/31/2019 12:00:00 AM4.2329-7.17097.53064.2329-7.808016.76296.9665-5.34367.030.911474Target-Date 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.0.9186
ModelxChange3D Asset Management3D/Newfound PrudentPath 20301/31/2019 12:00:00 AM4.2207-7.75068.34924.2207-7.916819.80936.9159-5.61587.490.961475Target-Date 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.0.9186
ModelxChange3D Asset Management3D/Newfound PrudentPath 20351/31/2019 12:00:00 AM4.1390-8.43358.39324.1390-8.387920.46517.2652-6.08477.710.941476Target-Date 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.0.9186
ModelxChange3D Asset Management3D/Newfound PrudentPath 20451/31/2019 12:00:00 AM4.2502-8.52948.91164.2502-8.321922.59537.1951-5.92297.930.971477Target-Date 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.0.9186
ModelxChange3D Asset Management3D/Newfound PrudentPath 20551/31/2019 12:00:00 AM5.1762-7.80549.34425.1762-8.447723.05237.5861-4.58108.210.991478Target-Date 2055https://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.0.9313
ModelxChange7th Harvest Investments7th Harvest Income1/31/2019 12:00:00 AM1099Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL10991.00000The 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. 1.0764
ModelxChange7th Harvest Investments7th Harvest Income I1/31/2019 12:00:00 AM3225Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL32250.15000The 7th Harvest Income strategy is a short duration fixed income portfolio that invests in target maturity funds. It seeks to provide income and total return consistent with the risk that income focused investors may be willing to accept. The strategy is composed of a combination of various maturities and yields with income generation as its primary objective. 0.2264
ModelxChange7th Harvest Investments7th Harvest Target Retirement - 20301763Target-Date 2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17631.00000The 7th Harvest Retirement 2025-2030 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 7th Harvest Retirement 2025-2030 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.1.0000
ModelxChange7th Harvest Investments7th Harvest Target Retirement - 20401764Target-Date 2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17641.00000The 7th Harvest Retirement 2035-2040 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 allocation 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.1.0000
ModelxChange7th Harvest Investments7th Harvest Target Retirement - 20503043Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30431.00000The 7th Harvest Retirement 2045-2050 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 7th Harvest Retirement 2045-2050 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.1.0000
ModelxChange7th Harvest InvestmentsHarvestBuilder Conservative Allocation1/31/2019 12:00:00 AM3.97465.86567.35565.27203.97469.11263.9783-0.79146.2314909Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9091.00000The HarvestBuilder 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 HarvestBuilder Conservative Allocation fund seeks an efficient combination of asset classes for investors with a conservative risk-return profile, and focuses on underlying investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the model is strategically adjusted to optimize its target allocation and manage risk at a desired level.1.0445
ModelxChange7th Harvest InvestmentsHarvestBuilder Conservative Allocation I3224Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL32240.15000The Harvest Builder Conservative Allocation is an allocation strategy that invests in U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. The strategy seeks to provide maximum total return consistent with the risk that conservative investors may be willing to accept. The strategy targets a 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 strategy is rebalanced back to the target allocation mix in an ongoing effort to manage risk at the desired level.0.1945
ModelxChange7th Harvest InvestmentsHarvestBuilder Growth Allocation1/31/2019 12:00:00 AM8.8874-6.85694.17633.07998.8874-11.091419.5284-8.2317-1.77948.262513.6312.490.280.25907Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9071.00000The HarvestBuilder 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 HarvestBuilder 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.1.0470
ModelxChange7th Harvest InvestmentsHarvestBuilder Growth Allocation I3222Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL32220.15000The Harvest Builder Growth Allocation is an etf allocation strategy that invests U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. The strategy seeks to provide maximum total return consistent with the risk that growth investors may be willing to accept. The strategy seeks an exposure from a combination of asset classes for investors with a growth risk/return profile, and focuses on investments that are long-term and passive in nature. Through time, as investment markets fluctuate, the portfolio is rebalanced back to its target allocation in an ongoing effort to manage risk at the desired level. 0.1975
ModelxChange7th Harvest InvestmentsHarvestBuilder Moderate Allocation1/31/2019 12:00:00 AM6.4319-2.76277.42144.76646.4319-5.652114.43793.5349-2.21816.49957.837.760.810.55908Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9081.00000The HarvestBuilder 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 allocation 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.1.0469
ModelxChange7th Harvest InvestmentsHarvestBuilder Moderate Allocation I3223Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL32230.15000The Harvest Builder Moderate Allocation is an asset allocation strategy that invests in U.S. and foreign stocks, bonds and cash equivalents through funds and money market accounts. The strategy seeks to provide maximum total return consistent with the risk that moderate investors may be willing to accept. The strategy targets a 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 strategy is rebalanced back to the target allocation mix in an ongoing effort to manage risk at the desired level.0.1969
ModelxChangeAlpha Investment Management, Inc.Alpha / The Formula1/31/2019 12:00:00 AM8.1476-9.67806.86014.92118.1476-14.40306.475816.77462.18775.274611.7511.840.530.41186Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11860.25000The Formula™ is an asset allocation 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 equity exposure in the stock market to well-defined time periods when the odds of positive returns are significantly higher than average (“power zone”) and avoid equity exposure during time periods when the market climate is risky and the odds of a market decline increase substantially (“dead zone”). The Formula’s™ long-term effectiveness as an investment strategy hinges on the assumption that the stock market exhibits cyclical regularities which “skew” the distribution of returns into clearly identifiable time-periods which can be exploited for profit. The Formula™ is an asset allocation strategy based on the annual forecasting cycle and the four-year presidential election cycle. The strategy determines, in advance, when to be invested in equities and when to be invested in bonds. Each year, The Formula™ holds an S&P MidCap 400 Index fund/ETF from November to the end of May and then invests in an Intermediate Treasury Index fund/ETF for the remaining months of the year. The only exception is the 15-month period that extends from the beginning of the fourth quarter of the mid-term year (year two) to the end of the pre-election year (year three) of the four-year presidential election cycle. During this period, the strategy holds an allocation of 50% S&P 500 index fund/ETF and 50% NASDAQ 100 index fund/ETF. 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.0.3973
ModelxChangeAlpha Investment Management, Inc.Alpha Bonds Strategy1/31/2019 12:00:00 AM1.13074.46190.81622.01411.13072.34290.5676-1.01921.58246.74354.54.38-0.060.31215Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2150.25000The Alpha Bonds Strategy is an asset allocation strategy designed for investors who seek income, low volatility and an ongoing exposure to the bond market without attempting to time swings in interest rates, and without some of the price and credit risks associated with long-term and/or lower grade bonds. This strategy combines the performance of conservative bond funds with Alpha’s unique seasonal trading protocol to create a solution to the conservative investor’s dilemma: how to safely invest for income while increasing the asset base at a rate greater than inflation after taxes. The Alpha Bonds Strategy seeks to supplement the natural returns of select intermediate and short-term bonds with a limited exposure to equities in the fourth quarter of the year. Each year, from January 1 until late-October, the strategy holds a position of 70% intermediate-term bond funds/ETFs and 30% short-term bond funds/ETFs. Then in late-October, 40% of the portfolio remains in an intermediate-term bond fund/ETF while 60% of the portfolio is devoted to three “power period” trades invested in a Russell 2000 Index fund leveraged by 50%. While not invested in the three fourth quarter trades, 60% of the funds are allocated to cash/money market fund.0.4350
ModelxChangeAlpha Investment Management, Inc.Alpha Mid-Cap Power Index Managed Account1/31/2019 12:00:00 AM10.03181.826610.79567.515510.0318-5.34444.966716.94832.27497.538212.6311.170.790.64216Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2160.25000The Alpha Mid-Cap Power Index Managed Account is an asset allocation strategy which seeks to exploit two seasonal influences on the stock market. These seasonal forces have historically “skewed” returns into certain months of the year and specific sub-periods in the final three months of the year. In general, the long-term returns of the stock market tend to be skewed into a six to seven month period beginning in late-October, which we refer to as the “power zone”. The bulk of bear markets and other market corrections tend to occur in the five to six month period from May to November, which we refer to as the “dead zone”. For long-term investors seeking to control risk, the prudent course of action is to avoid equity market exposure during the “dead zone” and sit it out in conservative bonds. The Alpha Mid-Cap Power Index Managed Account strategy represents a simple seasonal approach to investing which has a successful long-term discipline that seeks to reduce risk and enhances returns. Each year, the strategy holds a S&P MidCap 400 Index fund/ETF from late-October to the end of May and then invests in an Intermediate Treasury Index fund/ETF for the remaining months of the year. As a result, equity exposure is constrained to 60% of the available trading days each year. During the fourth quarter of each year, the strategy raises the beta of the mid-cap index fund by 50% during three “power period” trades totaling 20 days. These three sub-periods are influenced by end-of-month and holiday seasonal forces which are particularly robust in small and mid-cap stocks.0.4900
ModelxChangeAlpha Investment Management, Inc.Alpha Seasonal Strategy1/31/2019 12:00:00 AM7.86007.70452.91392.18517.86001.93280.8295-4.2218-3.27867.13478.919.620.230.2217Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL2170.25000The Alpha Seasonal Strategy is an asset allocation strategy designed for investors seeking a long-term, systematic approach to risk management. The two main objectives of this strategy are to avoid large losses, which can cost investors years of compounding, and to achieve gains every year, which, over time, will be high enough to offset the effects of inflation and taxes, providing a meaningful real rate of return. The Alpha Seasonal 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 in the stock market 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 bonds from January to April, then shifts to 100% conservative bonds until late-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 strategy is invested in a money market fund. 0.3973
ModelxChangeAMP Wealth ManagementAggressive 100% Equity1/31/2019 12:00:00 AM6.3344-4.580410.05386.48396.3344-6.486717.05478.4669-0.91297.443110.0310.10.890.63174Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL31740.50000This portfolio is for the investor who seeks aggressive growth. With a 100% allocation to equities, this portfolio offers the potential of a meaningful return but also bears a higher level of risk. There are times when this portfolio may be less than 100% invested in equities due to market conditions. This portfolio is comprised primarily of Mutual Fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 100 percent to equity securities but may reduce this amount based on the market cycle0.5940
ModelxChangeAMP Wealth ManagementBalanced 60-40 Quantfolio1/31/2019 12:00:00 AM4.9312-2.33596.72214.24254.9312-4.055910.43415.6984-1.57335.22756.676.740.840.541682Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16820.50000This portfolio is for the investor who seeks moderate growth. With a 60% allocation to equities, this portfolio bears a moderate amount of risk with the potential for modest appreciation. The 40% fixed income portion may reduce the impact of the stock market volatility. There are times when this portfolio may be less than 60% invested in equities due to market conditions. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 60 percent to equity securities but may reduce this amount based on the market cycle. 0.5912
ModelxChangeAMP Wealth ManagementConservative 20-80 Quantfolio1/31/2019 12:00:00 AM2.89721.14945.28153.41512.8972-0.88666.08486.5607-1.53804.51113.273.561.240.761684Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16840.50000This portfolio is for the investor whose seeks to protect their capital and is willing to forgo potentially higher returns in order to avoid risk. The 80% allocation to fixed income provides for preservation of assets. The small allocation to equities reduces the investment risk and provides modest capital appreciation. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 20 percent to equity securities but may reduce this amount based on the market cycle. 0.5894
ModelxChangeAMP Wealth ManagementGrowth 80/20 Quantfolio1/31/2019 12:00:00 AM5.4577-3.27928.12505.15435.4577-4.579012.83936.4368-1.37556.27148.248.390.850.561680Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16800.50000The growth portfolio is for the aggressive investor who seeks growth with some reduction in risk. With an 80% allocation to equities, this portfolio bears a moderately high level of risk with the potential for meaningful appreciation. The 20% fixed income portion helps to dampen the risk. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 80 percent to equity securities but may reduce this amount based on the market cycle.0.5936
ModelxChangeAMP Wealth ManagementGrowth and Income 70-30 Quantfolio1/31/2019 12:00:00 AM4.9791-3.43877.13594.61324.9791-4.808111.60495.9979-1.52236.24957.537.580.80.541681Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16810.50000This portfolio is for the moderately aggressive investor who seeks reasonable growth with some reduction in risk. With a 70% allocation to equities, this portfolio bears a moderately high level of risk with the potential for meaningful appreciation. The 30% fixed income portion helps to dampen the risk. There are times when this portfolio may be less than 70% invested in equities due to market conditions. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 70 percent to equity securities but may reduce this amount based on the market cycle. 0.5978
ModelxChangeAMP Wealth ManagementModerately Conservative 50-50 Quantfolio1/31/2019 12:00:00 AM4.0503-1.37337.31644.82544.0503-2.961611.40426.6816-2.91008.13025.655.941.080.71683Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16830.50000This portfolio is for the investor who seeks relative investment stability with modest increase in their portfolio value. A 50% allocation to fixed income may reduce the impact of market volatility. The 50% allocation to equities provides for some modest returns and growth. There are times when this portfolio may be less than 50% invested in equities due to market conditions. This portfolio is comprised primarily of mutual fund and ETF asset classes such as large, mid, and small capitalization U.S. equity, foreign, real-estate, and fixed income. Purchase considerations are based on fundamental/quantitative analysis and qualitative evaluation. Sell criteria are based on long term evaluation of; changes in fundamentals, or significant sector/asset class changes. The proceeds may be invested in a higher ranked security or held in cash. The fund generally allocates 50 percent to equity securities but may reduce this amount based on the market cycle. 0.5958
ModelxChangeAMP Wealth ManagementTandem All Equity Growth1/31/2019 12:00:00 AM4.7339-2.92339.54897.41444.7339-3.929018.75178.5977-4.358111.19699.819.580.860.722668Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26680.00000The Tandem All Equity Growth Model is an allocation to the Rising Dividend Strategy with a target allocation of 100% Rising Dividend Strategy. In times of economic recessions, it is possible for the portfolios to deviate from the standard allocation process, reduce overall market exposure and move to more defensive allocations in an attempt to limit the negative effects of the exposure to down markets. The Rising Dividend strategy is a managed portfolio constructed of 30-35 individual securities, equally weighted to provide a better diversification with less exposure to sector volatility. Dividend investing is not a subset of traditional investment styles, it is a strategic style unto itself as dividend companies typically have significant economic moats and market domination with the value of the stocks relating to positive corporate dividend policies and payout reliability. Our security selection focuses on fundamentals with security specific emphasis on long term track records of increasing, earnings and dividends. 0.7400
ModelxChangeAMP Wealth ManagementTandem Balanced1/31/2019 12:00:00 AM3.7923-1.74107.13515.73153.7923-3.880113.44048.1227-3.327511.41416.416.110.930.832669Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26690.00000The Tandem Balanced Model is a blend of the Rising Dividend Strategy and the Income Generating Strategy with a target allocation of 60% Rising Dividend Strategy and 40% Income Generating Strategy. In times of economic recessions, it is possible for the portfolios to deviate from the standard allocation process, reduce overall market exposure and move to more defensive allocations in an attempt to limit the negative effects of the exposure to down markets. The Rising Dividend strategy is a managed portfolio constructed of 30-35 individual securities, equally weighted to provide a better diversification with less exposure to sector volatility. Dividend investing is not a subset of traditional investment styles, it is a strategic style unto itself as dividend companies typically have significant economic moats and market domination with the value of the stocks relating to positive corporate dividend policies and payout reliability. Our security selection focuses on fundamentals with security specific emphasis on long term track records of increasing, earnings and dividends. The Income Generating strategy is designed to produce income and is invested in a diverse selection of bonds complemented with trust preferred securities, income mutual funds, and a few dividend equities to achieve the desired investment goal. 0.7880
ModelxChangeAMP Wealth ManagementTandem Conservative1/31/2019 12:00:00 AM2.4025-0.34233.60473.42142.4025-4.27046.02647.0445-2.784311.46473.653.710.670.732672Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26720.00000The Tandem Conservative Model is an allocation to the Income Generating Strategy with a target allocation of 100% Income Generating Strategy. In times of economic recessions, it is possible for the portfolios to deviate from the standard allocation process, reduce overall market exposure and move to more defensive allocations in an attempt to limit the negative effects of the exposure to down markets. The Income Generating strategy is designed to produce income and is invested in a diverse selection of bonds complemented with trust preferred securities, income mutual funds, and a few dividend equities to achieve the desired investment goal. 0.8600
ModelxChangeAMP Wealth ManagementTandem Growth1/31/2019 12:00:00 AM4.2738-2.32708.29416.59614.2738-3.914915.82738.3105-3.986111.28858.198.10.880.742666Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26660.00000The Tandem Growth Model is a blend of the Rising Dividend Strategy and the Income Generating Strategy with a target allocation of 80% Rising Dividend Strategy and 20% Income Generating Strategy. In times of economic recessions, it is possible for the portfolios to deviate from the standard allocation process, reduce overall market exposure and move to more defensive allocations in an attempt to limit the negative effects of the exposure to down markets. The Rising Dividend strategy is a managed portfolio constructed of 30-35 individual securities, equally weighted to provide a better diversification with less exposure to sector volatility. Dividend investing is not a subset of traditional investment styles, it is a strategic style unto itself as dividend companies typically have significant economic moats and market domination with the value of the stocks relating to positive corporate dividend policies and payout reliability. Our security selection focuses on fundamentals with security specific emphasis on long term track records of increasing, earnings and dividends. The Income Generating strategy is designed to produce income and is invested in a diverse selection of bonds complemented with trust preferred securities, income mutual funds, and a few dividend equities to achieve the desired investment goal. 0.7640
ModelxChangeAMP Wealth ManagementTandem Growth & Income1/31/2019 12:00:00 AM4.0134-2.08447.67546.09894.0134-3.891814.61298.2793-3.481411.38987.066.730.920.812667Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26670.00000The Tandem Growth Model is a blend of the Rising Dividend Strategy and the Income Generating Strategy with a target allocation of 70% Rising Dividend Strategy and 30% Income Generating Strategy. In times of economic recessions, it is possible for the portfolios to deviate from the standard allocation process, reduce overall market exposure and move to more defensive allocations in an attempt to limit the negative effects of the exposure to down markets. The Rising Dividend strategy is a managed portfolio constructed of 30-35 individual securities, equally weighted to provide a better diversification with less exposure to sector volatility. Dividend investing is not a subset of traditional investment styles, it is a strategic style unto itself as dividend companies typically have significant economic moats and market domination with the value of the stocks relating to positive corporate dividend policies and payout reliability. Our security selection focuses on fundamentals with security specific emphasis on long term track records of increasing, earnings and dividends. The Income Generating strategy is designed to produce income and is invested in a diverse selection of bonds complemented with trust preferred securities, income mutual funds, and a few dividend equities to achieve the desired investment goal. 0.7760
ModelxChangeAMP Wealth ManagementTandem Moderate1/31/2019 12:00:00 AM3.5606-1.54646.13875.09113.5606-3.955710.95067.9632-3.180811.43375.635.420.880.812670Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26700.00000The Tandem Moderate Model is a blend of the Rising Dividend Strategy and the Income Generating Strategy with a target allocation of 50% Rising Dividend Strategy and 50% Income Generating Strategy. In times of economic recessions, it is possible for the portfolios to deviate from the standard allocation process, reduce overall market exposure and move to more defensive allocations in an attempt to limit the negative effects of the exposure to down markets. The Rising Dividend strategy is a managed portfolio constructed of 30-35 individual securities, equally weighted to provide a better diversification with less exposure to sector volatility. Dividend investing is not a subset of traditional investment styles, it is a strategic style unto itself as dividend companies typically have significant economic moats and market domination with the value of the stocks relating to positive corporate dividend policies and payout reliability. Our security selection focuses on fundamentals with security specific emphasis on long term track records of increasing, earnings and dividends. The Income Generating strategy is designed to produce income and is invested in a diverse selection of bonds complemented with trust preferred securities, income mutual funds, and a few dividend equities to achieve the desired investment goal. 0.8000
ModelxChangeAMP Wealth ManagementTandem Moderately Conservative1/31/2019 12:00:00 AM2.8581-0.74704.86624.28232.8581-4.05128.57727.3785-3.041411.44874.194.360.880.822671Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26710.00000The Tandem Moderately Conservative Model is a blend of the Rising Dividend Strategy and the Income Generating Strategy with a target allocation of 20% Rising Dividend Strategy and 80% Income Generating Strategy. In times of economic recessions, it is possible for the portfolios to deviate from the standard allocation process, reduce overall market exposure and move to more defensive allocations in an attempt to limit the negative effects of the exposure to down markets. The Rising Dividend strategy is a managed portfolio constructed of 30-35 individual securities, equally weighted to provide a better diversification with less exposure to sector volatility. Dividend investing is not a subset of traditional investment styles, it is a strategic style unto itself as dividend companies typically have significant economic moats and market domination with the value of the stocks relating to positive corporate dividend policies and payout reliability. Our security selection focuses on fundamentals with security specific emphasis on long term track records of increasing, earnings and dividends. The Income Generating strategy is designed to produce income and is invested in a diverse selection of bonds complemented with trust preferred securities, income mutual funds, and a few dividend equities to achieve the desired investment goal. 0.8360
ModelxChangeAppleton Group, LLCAggregate Bond Model1/31/2019 12:00:00 AM1.09682.14611.69672.23261.0968-0.12403.26642.16610.37836.24752.842.680.20.573017Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30170.00000Risk-Managed Current Income The Model’s goal is to track as closely as possible, before fees and expenses, the total return of the BBgBarc US Agg Bond TR Index. 0.0400
ModelxChangeAppleton Group, LLCAppleton Group Age-Based 18-291/31/2019 12:00:00 AM5.5545-4.037211.19067.11855.5545-5.382418.99299.4243-1.42417.35489.339.511.060.72502Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25020.35000Age-Based Asset Allocation Appleton Group’s Age-Based portfolios are built to help our clients balance potential risks and rewards over a lifetime of investing. Each uses a specific combination of risk-accepting, risk-managed and risk-free strategies, depending on the investor’s targeted age. 0.4549
ModelxChangeAppleton Group, LLCAppleton Group Age-Based 30-391/31/2019 12:00:00 AM7.0491-3.076212.35487.95567.0491-5.889919.064811.5732-1.26208.345110.1810.291.090.732503Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25030.35000Age-Based Asset Allocation Appleton Group’s Age-Based portfolios are built to help our clients balance potential risks and rewards over a lifetime of investing. Each uses a specific combination of risk-accepting, risk-managed and risk-free strategies, depending on the investor’s targeted age. 0.4459
ModelxChangeAppleton Group, LLCAppleton Group Age-Based 40-491/31/2019 12:00:00 AM6.2462-3.533411.55067.45456.2462-5.589219.09799.9042-1.73628.44019.619.741.070.722504Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25040.35000Age-Based Asset Allocation Appleton Group’s Age-Based portfolios are built to help our clients balance potential risks and rewards over a lifetime of investing. Each uses a specific combination of risk-accepting, risk-managed and risk-free strategies, depending on the investor’s targeted age. 0.4539
ModelxChangeAppleton Group, LLCAppleton Group Age-Based 50-591/31/2019 12:00:00 AM4.0583-3.64478.61325.68034.0583-4.419215.46317.1226-1.45246.87657.267.391.020.692505Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25050.35000Age-Based Asset Allocation Appleton Group’s Age-Based portfolios are built to help our clients balance potential risks and rewards over a lifetime of investing. Each uses a specific combination of risk-accepting, risk-managed and risk-free strategies, depending on the investor’s targeted age. 0.4611
ModelxChangeAppleton Group, LLCAppleton Group Age-Based 60+1/31/2019 12:00:00 AM2.4159-3.55037.18014.86762.4159-3.062514.48704.9974-1.11575.91425.815.951.030.712506Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25060.35000Age-Based Asset Allocation Appleton Group’s Age-Based portfolios are built to help our clients balance potential risks and rewards over a lifetime of investing. Each uses a specific combination of risk-accepting, risk-managed and risk-free strategies, depending on the investor’s targeted age. 0.4648
ModelxChangeAppleton Group, LLCAppleton Group Portfolio1/31/2019 12:00:00 AM1.3329-6.31507.53614.75231.3329-3.725417.29054.1346-1.25795.17716.977.050.910.59138Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1380.35000Risk Managed Growth The Appleton Group Portfolio employs an ETF trend-following 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.0.5142
ModelxChangeAppleton Group, LLCAppleton Group-Conservative1/31/2019 12:00:00 AM1.5136-4.54426.66424.30051.5136-2.915814.66263.9392-0.84514.32435.755.790.950.63139Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1390.35000Risk Managed, Conservative Growth & Income The Appleton Group Portfolio - Conservative employs an ETF trend-following 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. 0.5337
ModelxChangeAppleton Group, LLCAppleton Group-Managed Income1/31/2019 12:00:00 AM2.6417-0.17245.31433.69042.6417-2.35867.72397.8040-0.28385.18173.623.491.130.85827Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8270.35000Risk Managed, Current Income The Appleton Group Managed Income Portfolio 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 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. 0.6495
ModelxChangeAppleton Group, LLCAppleton Group-Moderate1/31/2019 12:00:00 AM1.5742-5.65007.46664.69641.5742-3.841416.24675.3572-1.27604.63036.496.550.970.63140Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1400.35000Risk Managed, Moderate Growth & Income The Appleton Group Portfolio - Moderate employs an ETF trend-following 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. 0.5516
ModelxChangeAppleton Group, LLCEmerging Markets Model3016Diversified Emerging Mktshttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30160.00000Total Return The Model’s goal is to track as closely as possible, before fees and expenses, the total return of the FTSE Emerging Index.0.1300
ModelxChangeAppleton Group, LLCInternational Model1/31/2019 12:00:00 AM7.0214-12.14278.07372.86547.0214-13.933525.90742.9773-2.5334-5.728111.0811.460.650.243015Foreign Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30150.00000Total Return The Model’s goal is to track as closely as possible, before fees and expenses, the total return of the FTSE Developed ex US Index.0.0600
ModelxChangeAppleton Group, LLCLarge Cap Blend Model1/31/2019 12:00:00 AM7.8899-2.284014.092910.69027.8899-4.421421.898511.83431.003413.292310.9411.111.160.913010Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30100.00000Total Return The Model's goal is to track as closely as possible, before fees and expenses, the total return of the S&P 500 TR USD Index.0.0300
ModelxChangeAppleton Group, LLCLarge Cap Growth Model1/31/2019 12:00:00 AM8.80010.214416.444812.44138.8001-1.296328.05256.77943.192115.783212.1112.271.230.963011Large Growthhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30110.00000Total Return The Model’s goal is to track as closely as possible, before fees and expenses, the total return of the Morningstar US Large Cap Growth TR Index. 0.0400
ModelxChangeAppleton Group, LLCLarge Cap Value Model1/31/2019 12:00:00 AM7.0497-4.659411.95399.05217.0497-7.268616.551516.4887-1.188410.915010.6210.731.010.83012Large Valuehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30120.00000Total Return The Model’s goal is to track as closely as possible, before fees and expenses, the total return of the Morningstar US Large Cap Value TR Index. 0.0400
ModelxChangeAppleton Group, LLCMid Cap Blend Model1/31/2019 12:00:00 AM10.8789-2.066214.21569.242110.8789-8.654319.587214.4569-0.064010.245113.2313.040.990.693013Mid-Cap Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30130.00000Total Return The Model’s goal is to track as closely as possible, before fees and expenses, the total return of the Morningstar US Mid Cap Core TR Index.0.0500
ModelxChangeAppleton Group, LLCSmall Cap Blend Model1/31/2019 12:00:00 AM11.7386-3.484614.06067.326111.7386-11.317714.929119.9173-4.20766.512415.3815.10.860.53014Small Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30140.00000Total Return The Model’s goal is to track as closely as possible, before fees and expenses, the total return of the Morningstar US Small Cap Core Market Index.0.0500
ModelxChangeARIA Wealth Management, Inc.ARIA Plus Aggressive1/31/2019 12:00:00 AM3.4914-0.57023.4914-2.4324-5.20812051Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20510.40000This model is for investors who typically have substantial tolerance for day-to-day uncertainty, understand that markets work in extended, often unpredictable cycles, are not troubled by daily financial news, and may have either reliable income from other sources, or don not require access to their capital for 5 years or more. The Aggressive model targets enhanced returns through equity-focused holdings. 0.5884
ModelxChangeARIA Wealth Management, Inc.ARIA Plus Conservative1/31/2019 12:00:00 AM2.97160.32162.9716-3.56172049Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20490.40000This model is for investors who want to preserve investment value and have low tolerance for more volatile investments. In exchange, a low risk of daily market swings and possibility of moderate drawdowns is expected. The prospect of stability is preferred to the risks associated with higher levels of capital gains. This may be either due to the investor's personal risk aversion, income requirements, or a potential need to access portions of capital within a time-frame of 3-5 years. The Conservative model seeks to keep pace with inflation, minimally preserving the real value of investment.0.5576
ModelxChangeARIA Wealth Management, Inc.ARIA Plus Defensive1/31/2019 12:00:00 AM2048Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20480.40000The Defensive model is designed for the investor unable to wait years to recoup short-term losses. This may be either due to investor's personal risk aversion, income requirements, or a potential need to access large portions of capital within a relatively short or even unpredictable time-frame. This model targets stable income and capital preservation over the prospect of growth. Short-term fixed income or cash alternatives outside the scope of the programs may also be an option for these investors.0.5636
ModelxChangeARIA Wealth Management, Inc.ARIA Plus Moderate1/31/2019 12:00:00 AM2.95932.95932050Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20500.40000The Moderate model is for the investor who is comfortable with daily market swings and the possibility of occasional extended drawdowns, and is familiar with market cycles. The investor has alternative sources of income, is not concerned with accessing the majority of their investable assets for at least a five year period, and can wait to recover from short-term losses. The moderate targets diversified exposure to all major asset classes, attempting to achieve portfolio returns in excess of inflation. 0.6019
ModelxChangeARIA Wealth Management, Inc.ARIA Plus Speculative1/31/2019 12:00:00 AM3.8308-3.99453.83082574Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25740.40000This model is for investors who seek maximum returns through concentrated exposure and are generally more seasoned to more aggressive investment strategies. This investor has a high tolerance for day-to-day volatility, have income from outside sources and do not require access to their capital for 5 or more years.0.5318
ModelxChangeARIA Wealth Management, Inc.ARIA Tactical Balanced1/31/2019 12:00:00 AM2.29073.6003-6.4855-4.77322.29072.9894-13.0018-11.0502-10.02016.06075.216.35-1.48-0.85902Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9020.0000050% Seasonal Equity Program and 50% Bond Sector Program This model is invested according to the LRIM Cycle Equity Program (CEP) and the LRIM Bond Sector Program (BSP). Under normal conditions, the model allocations are 60% Cycle Equity Program and 40% Bond Sector Program The CEP assets are typically invested in growth managed funds or ETFs during the period which have historically been more productive while producing less negative periods. These assets are moved from equity to cash, bonds, commodities, or alternative for the remaining calendar year. This fund can have up to 100% cash during negative cycle periods. The BSP assets are allocated between cash, bonds, interest rate sensitive mutual funds and ETFS. Additionally, it may allocate up to 20% inverse positions.0.02501.0335
ModelxChangeARIA Wealth Management, Inc.ARIA Tactical Conservative1/31/2019 12:00:00 AM0.8646-0.09360.7878-0.19510.8646-1.180010.4657-8.1756-4.69563.55933.934.61-0.08-0.18904Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9040.00000100% Bond Sector Program All of the money in this model is invested according to the LRIM Bond Sector Program (BSP) while cycles are positive. When cycles are negative the model may add cash, alternative mutual funds or ETF's. The primary goal of the BSP is to preserve capital. The secondary objective is to earn a high rate of interest. The portfolio may be invested from 0%-100%. 0.3795
ModelxChangeARIA Wealth Management, Inc.ARIA Tactical Growth1/31/2019 12:00:00 AM0.88047.2917-6.0654-4.51760.88046.6471-11.1028-13.5653-3.2133-1.89387.858.95-0.91-0.55901Trading-Miscellaneoushttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9010.00000100% Seasonal Equity Program This model is invested according to the LRIM Cycle Equity Program. The assets are typically invested in growth managed funds or ETFs during the period which have historically been more productive while producing less negative periods. The assets are moved from equity to cash, bonds, commodities, or alternative for the remaining calendar year. This fund can have up to 100% cash during negative cycle periods. Additionally, it may allocate into inverse equity positions and leverage funds.0.6860
ModelxChangeARIA Wealth Management, Inc.ARIA Tactical Moderate1/31/2019 12:00:00 AM0.95701.60890.1029-0.47130.9570-0.18617.4509-8.9090-3.85933.64337.446.61-0.11-0.15903Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9030.0000025% Seasonal Equity Program and 75% Bond Sector Program This model is invested according to the LRIM Cycle Equity Program (CEP) and the LRIM Bond Sector Program (BSP). Under normal conditions, the model allocations are 25% Cycle Equity Program and 75% Bond Sector Program The CEP assets are typically invested in growth managed funds or ETFs during periods which have historically been more productive. These assets are moved from equity to cash, bonds, commodities, or alternative for the remaining calendar year. This fund can have up to 100% cash during negative cycle periods. The BSP assets are allocated between cash, bonds, interest rate sensitive mutual funds and ETFS. Additionally, it may allocate up to 20% inverse equity positions. 0.5360
ModelxChangeARIA Wealth Management, Inc.ARIA Tactical Speculative1/31/2019 12:00:00 AM0.92590.8566-11.1433-9.27730.92590.1124-20.2078-16.8975-1.5092-7.225112.1614.38-1-0.66850Trading-Miscellaneoushttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL8500.0000030% Long Equities and 70% Seasonal Equity Program This model has approximately 70% of the assets invested according to the LRIM Cycle Equity Program. The remaining 30% is invested and aggressively allocated for the entire year, which may include alternatives and commodity funds. When the Cycle Equity Program is in a negative rating, the model may invest in cash, alternative funds or ETFs. Additionally, this model may include inverse market positions. This fund is speculative in nature and may take concentrated positions.1.2330
ModelxChangeAssetMarkAssetMark / American Funds Conservative Growth and Income Ret, Profile 21/31/2019 12:00:00 AM3.7575-1.82847.84465.57023.7575-3.226411.821510.4262-2.26226.91175.715.951.150.823069Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30690.00000The American Funds Conservative Growth & Income, Profile 2 Portfolio is designed for long term investors seeking current income with the potential for long term capital growth. This portfolio invests in a combination of equity and fixed income funds. American Funds Portfolio Oversight Committee (POC), a group of senior investment professionals with decades of industry experience, is responsible for management of the strategy. An objective-based process, which includes rigorous analysis of the underlying funds, is used to created goal specific portfolios. The underlying funds are broadly diversified across a variety of investment styles and approaches and rely on multiple portfolio counselors for fundamentally driven security selection decisions. Taking more of a strategic and objective focused approach, most asset allocation changes result from bottom-up security selection rather than top-down macro views.0.2940
ModelxChangeAssetMarkAssetMark / American Funds Growth and Income Ret, Profile 41/31/2019 12:00:00 AM5.9480-4.590510.25787.15565.9480-5.610519.46318.3502-0.62267.31648.498.751.060.753071Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30710.00000The American Funds Growth & Income, Profile 4 Portfolio is designed for long term investors seeking long term capital growth along with current income through dividend paying equities and fixed income securities. This portfolio invests in a combination of equity and fixed income funds. American Funds Portfolio Oversight Committee (POC), a group of senior investment professionals with decades of industry experience, is responsible for management of the strategy. An objective-based process, which includes rigorous analysis of the underlying funds, is used to created goal specific portfolios. The underlying funds are broadly diversified across a variety of investment styles and approaches and rely on multiple portfolio counselors for fundamentally driven security selection decisions. Taking more of a strategic and objective focused approach, most asset allocation changes result from bottom-up security selection rather than top-down macro views.0.3335
ModelxChangeAssetMarkAssetMark / American Funds Growth Ret, Profile 61/31/2019 12:00:00 AM8.0776-4.953013.50658.78888.0776-6.245525.49017.85151.79536.115011.0211.21.110.753072Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30720.00000The American Funds Growth, Profile 6 Portfolio is designed for long term investors seeking long term capital growth. This portfolio mainly invests in equity funds. American Funds Portfolio Oversight Committee (POC), a group of senior investment professionals with decades of industry experience, is responsible for management of the strategy. An objective-based process, which includes rigorous analysis of the underlying funds, is used to created goal specific portfolios. The underlying funds are broadly diversified across a variety of investment styles and approaches and rely on multiple portfolio counselors for fundamentally driven security selection decisions. Taking more of a strategic and objective focused approach, most asset allocation changes result from bottom-up security selection rather than top-down macro views.0.3865
ModelxChangeAssetMarkAssetMark / American Funds Moderate Growth and Income Ret, Profile 31/31/2019 12:00:00 AM5.1036-2.99788.82746.59915.1036-4.285217.04886.33670.82066.91396.87.041.110.843070Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30700.00000The American Funds Moderate Growth & Income, Profile 3 Portfolio is designed for long term investors seeking current income and long term capital growth. This portfolio invests in a combination of equity and fixed income funds. American Funds Portfolio Oversight Committee (POC), a group of senior investment professionals with decades of industry experience, is responsible for management of the strategy. An objective-based process, which includes rigorous analysis of the underlying funds, is used to created goal specific portfolios. The underlying funds are broadly diversified across a variety of investment styles and approaches and rely on multiple portfolio counselors for fundamentally driven security selection decisions. Taking more of a strategic and objective focused approach, most asset allocation changes result from bottom-up security selection rather than top-down macro views.0.3790
ModelxChangeAssetMarkAssetMark / American Funds Moderate Growth, Ret. Profile 51/31/2019 12:00:00 AM6.9416-4.68006.9416-5.66453073Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30730.00000The American Funds Moderate Growth, Profile 5 Portfolio is designed for long term investors seeking long term capital growth. This portfolio invests in a combination of equity and fixed income funds. American Funds Portfolio Oversight Committee (POC), a group of senior investment professionals with decades of industry experience, is responsible for management of the strategy. An objective-based process, which includes rigorous analysis of the underlying funds, is used to created goal specific portfolios. The underlying funds are broadly diversified across a variety of investment styles and approaches and rely on multiple portfolio counselors for fundamentally driven security selection decisions. Taking more of a strategic and objective focused approach, most asset allocation changes result from bottom-up security selection rather than top-down macro views.0.3560
ModelxChangeAssetMarkAssetMark / American Funds Preservation Ret, Profile 11/31/2019 12:00:00 AM0.51022.32661.32281.44430.51021.27421.34341.64750.82702.35421.431.410.110.513052Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30520.00000The American Funds Preservation, Profile 1 Portfolio is designed for long term investors seeking capital preservation and current income. This portfolio invests mainly in fixed income funds with low correlation to equities. American Funds Portfolio Oversight Committee (POC), a group of senior investment professionals with decades of industry experience, is responsible for management of the strategy. An objective-based process, which includes rigorous analysis of the underlying funds, is used to created goal specific portfolios. The underlying funds are broadly diversified across a variety of investment styles and approaches and rely on multiple portfolio counselors for fundamentally driven security selection decisions. Taking more of a strategic and objective focused approach, most asset allocation changes result from bottom-up security selection rather than top-down macro views.0.2960
ModelxChangeAssetMarkAssetMark / Aris Active Instl - 100% Bonds1/31/2019 12:00:00 AM1.47562.10981.47560.14503053Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30530.00000The 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.00500.2767
ModelxChangeAssetMarkAssetMark / Aris Active Instl - 100% Equities1/31/2019 12:00:00 AM8.2599-6.40998.2599-8.30593060Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30600.00000The 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in equity or equity alternatives. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.3899
ModelxChangeAssetMarkAssetMark / Aris Active Instl - Aggressive1/31/2019 12:00:00 AM6.2105-5.30366.2105-6.64153058Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30580.00000The 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 generally 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 75 equities and 25 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.3722
ModelxChangeAssetMarkAssetMark / Aris Active Instl - Conservative1/31/2019 12:00:00 AM4.7429-3.02544.7429-4.44443056Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30560.00000The Conservative portfolio is appropriate for investors seeking a balance between principal appreciation and income. It is designed for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio generally 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 50 equities and 50 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.3382
ModelxChangeAssetMarkAssetMark / Aris Active Instl - Moderate1/31/2019 12:00:00 AM5.4224-3.62325.4224-5.12333057Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30570.00000The Moderate portfolio is appropriate for investors seeking principal appreciation with some income. It is designed for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio generally has a long-term average target of 60 percent in equity or equity alternatives and 40 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 60 equities and 40 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.3519
ModelxChangeAssetMarkAssetMark / Aris Active Instl - Ultra Conservative1/31/2019 12:00:00 AM2.7473-0.71202.7473-2.03623054Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30540.00000The Ultra Conservative portfolio is appropriate for investors who are primarily seeking income and, to a lesser degree, some principal appreciation. It is designed for participants with longer time horizons who can also tolerate modest price fluctuations. The portfolio generally 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 performance, taking into consideration how the investment has performed in differing market climates. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 20 equities and 80 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.3029
ModelxChangeAssetMarkAssetMark / Aris Active Instl - Very Aggressive1/31/2019 12:00:00 AM7.1757-5.46627.1757-7.17123059Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30590.00000The Very Aggressive 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 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 85 equities and 15 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.3771
ModelxChangeAssetMarkAssetMark / Aris Active Instl - Very Conservative1/31/2019 12:00:00 AM3.7373-1.83273.7373-3.28173055Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30550.00000The Very Conservative portfolio is appropriate for investors seeking income with some principal appreciation. It is designed for participants with longer time horizons who can also tolerate moderate price fluctuations. The portfolio generally has a long-term average target of 35 percent in equity or equity alternatives and 65 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 35 equities and 65 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.3216
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl - 100% Equities1/31/2019 12:00:00 AM8.0820-7.12178.0820-9.31553068Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30680.00000The 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in equity or equity alternatives. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0623
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl - Aggressive1/31/2019 12:00:00 AM6.3050-5.20576.3050-7.07113066Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30660.00000The 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 generally 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 75 equities and 25 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0697
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl - Conservative1/31/2019 12:00:00 AM4.6126-3.25014.6126-4.91523064Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30640.00000The Conservative portfolio is appropriate for investors seeking a balance between principal appreciation and income. It is designed for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio generally 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 50 equities and 50 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0768
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl - Moderate1/31/2019 12:00:00 AM5.2818-4.01355.2818-5.76133065Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30650.00000The Moderate portfolio is appropriate for investors seeking principal appreciation with some income. It is designed for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio generally has a long-term average target of 60 percent in equity or equity alternatives and 40 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 60 equities and 40 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0739
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl - Ultra Conservative1/31/2019 12:00:00 AM2.6546-0.71862.6546-2.23913062Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30620.00000The Ultra Conservative portfolio is appropriate for investors who are primarily seeking income and, to a lesser degree, some principal appreciation. It is designed for participants with longer time horizons who can also tolerate modest price fluctuations. The portfolio generally 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 performance, taking into consideration how the investment has performed in differing market climates. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 20 equities and 80 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0854
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl - Very Aggressive1/31/2019 12:00:00 AM7.0093-5.98157.0093-7.97313067Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30670.00000The Very Aggressive 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 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 85 equities and 15 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0668
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl - Very Conservative1/31/2019 12:00:00 AM3.6185-1.95793.6185-3.57383063Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30630.00000The Very Conservative portfolio is appropriate for investors seeking income with some principal appreciation. It is designed for participants with longer time horizons who can also tolerate moderate price fluctuations. The portfolio generally has a long-term average target of 35 percent in equity or equity alternatives and 65 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 35 equities and 65 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0812
ModelxChangeAssetMarkAssetMark / Aris Enhanced Index Instl- 100% Bonds1/31/2019 12:00:00 AM1.40572.28831.40570.14603061Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30610.00000The 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. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments with lower fees and cost of operation.0.0914
ModelxChangeAssetMarkAssetMark / Aris Social Instl - 100% Equities1/31/2019 12:00:00 AM7.7515-7.16997.7515-9.36993087Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30870.00000The 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 Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in equity or equity alternatives. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund.0.04380.4700
ModelxChangeAssetMarkAssetMark / Aris Social Instl - Aggressive1/31/2019 12:00:00 AM6.0860-4.91396.0860-7.06513085Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30850.00000The 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 generally 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. Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 75 equities and 25 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund.0.04440.5142
ModelxChangeAssetMarkAssetMark / Aris Social Instl - Conservative1/31/2019 12:00:00 AM4.6576-2.07264.6576-4.32483083Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30830.00000The Conservative portfolio is appropriate for investors seeking a balance between principal appreciation and income. It is designed for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio generally 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. Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 50 equities and 50 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund.0.04520.5575
ModelxChangeAssetMarkAssetMark / Aris Social Instl - Moderate1/31/2019 12:00:00 AM5.1024-3.47325.1024-5.55773084Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30840.00000The Moderate portfolio is appropriate for investors seeking principal appreciation with some income. It is designed for participants with longer time horizons who can also tolerate significant price fluctuations. The portfolio generally has a long-term average target of 60 percent in equity or equity alternatives and 40 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. Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 60 equities and 40 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund.0.04530.5387
ModelxChangeAssetMarkAssetMark / Aris Social Instl - Ultra Conservative1/31/2019 12:00:00 AM2.59700.28552.5970-1.71723081Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30810.00000The Ultra Conservative portfolio is appropriate for investors who are primarily seeking income and, to a lesser degree, some principal appreciation. It is designed for participants with longer time horizons who can also tolerate modest price fluctuations. The portfolio generally 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 performance, taking into consideration how the investment has performed in differing market climates. Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 20 equities and 80 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund.0.04620.6132
ModelxChangeAssetMarkAssetMark / Aris Social Instl - Very Aggressive1/31/2019 12:00:00 AM6.7283-5.84786.7283-8.02503086Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30860.00000The Very Aggressive 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 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. Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 85 equities and 15 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund.0.04400.4947
ModelxChangeAssetMarkAssetMark / Aris Social Instl - Very Conservative1/31/2019 12:00:00 AM3.5117-1.11753.5117-3.13573082Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30820.00000The Very Conservative portfolio is appropriate for investors seeking income with some principal appreciation. It is designed for participants with longer time horizons who can also tolerate moderate price fluctuations. The portfolio generally has a long-term average target of 35 percent in equity or equity alternatives and 65 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. Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 35 equities and 65 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund. 0.04570.5842
ModelxChangeAssetMarkAssetMark / Aris Social Instl- 100% Bonds1/31/2019 12:00:00 AM1.37632.27101.37630.31813080Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30800.00000The 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. Furthermore, preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Aris constructs globally diverse portfolios. The portfolio construction process is based on a traditional strategic asset allocation framework. That is, the portfolio’s long term strategic asset allocation is expected to average 95 to 100 percent in fixed income. However, at any given time, long term strategic asset class weights may be tilted according to an assessment of relative valuations (e.g. towards those asset classes that are relatively inexpensive), relative momentum (e.g. towards those asset classes with the strongest year-over-year returns) and the overall fundamental/economic/quantitative characteristics of the market itself. Specific investments that populate the strategy are continuously monitored for their risk adjusted performance. Preference is given to investments that minimize exposure to certain business activities (i.e. - tobacco, alcohol, gambling, pornography/adult entertainment and weapons) and that integrate Environmental, Social and Governance (ESG) data into their investment process. Additionally, preference is given to investments with lower fees and cost of operation. Due to the strict financial criteria, there occasionally may need to be the substitution of an appropriate unscreened index fund.0.04700.6474
ModelxChangeAssetMarkAssetMark / Eaton Vance Absolute Return1/31/2019 12:00:00 AM1.8300-0.26222.09521.64151.8300-1.85872.76273.51420.55451.6394428Allocation--30% to 50% Equityhttps://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.0.25630.21051.4653
ModelxChangeAssetMarkAssetMark / Eaton Vance Growth1/31/2019 12:00:00 AM4.5243-3.43735.95873.88074.5243-5.650511.15816.3369-1.01743.04935.575.720.860.57427Allocation--70% to 85% Equityhttps://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.0.25660.24491.5021
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate1/31/2019 12:00:00 AM3.2600-1.63263.36062.43463.2600-3.95615.55034.7644-0.06722.49343.33.180.670.55425Allocation--50% to 70% Equityhttps://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.0.25660.22201.4790
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate Conservative1/31/2019 12:00:00 AM2.6900-0.70242.67341.91892.6900-2.94133.80774.24430.31301.58612.522.380.60.51424Allocation--50% to 70% Equityhttps://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.0.25620.20901.4668
ModelxChangeAssetMarkAssetMark / Eaton Vance Moderate Growth1/31/2019 12:00:00 AM3.8300-2.32154.63643.15113.8300-4.64478.02025.6513-0.25712.63334.254.280.820.58426Allocation--50% to 70% Equityhttps://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.0.25660.24491.4891
ModelxChangeAssetMarkAssetMark / Global Market Blend, Profile 1, Conservative1/31/2019 12:00:00 AM3.08003.08003968Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL39680.00000The Profile 1 Portfolio is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to minimize downside risk. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio is strategically allocated across global equity and fixed income markets through use of mainly broad market ETFs. The strategy seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. By representing the global capital markets approximately 50% of the exposure is in international markets. International fixed income exposure is all currency hedged to the US dollar. The strategy complements core market exposures with satellite asset classes like international small cap in equities and high yield, TIPS and emerging market bonds in fixed income. In seeking to have low turnover and low cost the strategy can be diversified across ETF providers.0.0902
ModelxChangeAssetMarkAssetMark / Global Market Blend, Profile 2, Moderate Conservative1/31/2019 12:00:00 AM4.0200-1.14776.14254.0200-3.390510.92515.96264.651.063969Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL39690.00000The Profile 2 Portfolio is designed for an investor who seeks to preserve capital but wishes to assume moderate downside risk in order to earn a return sufficient to preserve purchasing power. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio is strategically allocated across global equity and fixed income markets through use of mainly broad market ETFs. The strategy seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. By representing the global capital markets approximately 50% of the exposure is in international markets. International fixed income exposure is all currency hedged to the US dollar. The strategy complements core market exposures with satellite asset classes like international small cap in equities and high yield, TIPS and emerging market bonds in fixed income. In seeking to have low turnover and low cost the strategy can be diversified across ETF providers.0.0877
ModelxChangeAssetMarkAssetMark / Global Market Blend, Profile 3, Moderate1/31/2019 12:00:00 AM5.6000-3.69538.24475.80025.6000-5.957015.96046.9409-1.15806.97216.947.151.010.733970Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL39700.00000The Profile 3 Portfolio is designed for an investor who seeks to balance risk of loss to capital with capital appreciation. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio is strategically allocated across global equity and fixed income markets through use of mainly broad market ETFs. The strategy seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. By representing the global capital markets approximately 50% of the exposure is in international markets. International fixed income exposure is all currency hedged to the US dollar. The strategy complements core market exposures with satellite asset classes like international small cap in equities and high yield, TIPS and emerging market bonds in fixed income. In seeking to have low turnover and low cost the strategy can be diversified across ETF providers.0.0841
ModelxChangeAssetMarkAssetMark / Global Market Blend, Profile 4, Moderate Growth1/31/2019 12:00:00 AM6.54006.54003971Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL39710.00000The Profile 4 Portfolio is designed for an investor who seeks enhanced capital appreciation and is willing to accept greater risk of downside loss and volatility of returns. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio is strategically allocated across global equity and fixed income markets through use of mainly broad market ETFs. The strategy seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. By representing the global capital markets approximately 50% of the exposure is in international markets. International fixed income exposure is all currency hedged to the US dollar. The strategy complements core market exposures with satellite asset classes like international small cap in equities and high yield, TIPS and emerging market bonds in fixed income. In seeking to have low turnover and low cost the strategy can be diversified across ETF providers.0.0814
ModelxChangeAssetMarkAssetMark / Global Market Blend, Profile 5, Growth1/31/2019 12:00:00 AM6.9000-5.66229.95426.48376.9000-7.991920.17907.7210-1.52806.06068.889.060.990.663972Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL39720.00000The Profile 5 Portfolio 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. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio is strategically allocated across global equity and fixed income markets through use of mainly broad market ETFs. The strategy seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. By representing the global capital markets approximately 50% of the exposure is in international markets. International fixed income exposure is all currency hedged to the US dollar. The strategy complements core market exposures with satellite asset classes like international small cap in equities and high yield, TIPS and emerging market bonds in fixed income. In seeking to have low turnover and low cost the strategy can be diversified across ETF providers.0.0805
ModelxChangeAssetMarkAssetMark / Global Market Blend, Profile 6, Maximum Growth1/31/2019 12:00:00 AM8.0500-7.552611.51358.0500-9.939724.03488.522510.740.963973Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL39730.00000The Profile 6 Portfolio is designed for an investor who seeks the highest level of capital appreciation and is willing to accept the correspondingly greater risk of loss and volatility of returns. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio is strategically allocated across global equity and fixed income markets through use of mainly broad market ETFs. The strategy seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. By representing the global capital markets approximately 50% of the exposure is in international markets. International fixed income exposure is all currency hedged to the US dollar. The strategy complements core market exposures with satellite asset classes like international small cap in equities and high yield, TIPS and emerging market bonds in fixed income. In seeking to have low turnover and low cost the strategy can be diversified across ETF providers.0.0783
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Conservative1/31/2019 12:00:00 AM1.6404-0.59444.50042.94841.64040.701312.74800.1350-3.60853.45015.584.860.610.47450Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4500.00000The profile is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to avoid downside risk. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.0.7167
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Growth1/31/2019 12:00:00 AM6.2627-7.67497.91854.29596.2627-0.539014.00803.7100-6.59692.767613.2811.50.550.36454Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4540.00000The profile is designed for an investor who seeks significant capital appreciation and is tolerant of the risk of downside loss and volatility of returns. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.0.6720
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Moderate1/31/2019 12:00:00 AM4.3859-6.80416.49763.72164.3859-1.747115.71412.1595-5.66083.191410.198.690.550.38452Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4520.00000The profile is designed for an investor who seeks to balance downside risks to capital and capital appreciation. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.0.6902
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Moderate Conservative1/31/2019 12:00:00 AM2.9834-4.93244.94873.00582.9834-1.467113.12071.3608-4.49593.37527.66.480.520.38451Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4510.00000The profile is designed for an investor who seeks to preserve capital but wishes to earn a return sufficient to preserve purchasing power. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.0.7027
ModelxChangeAssetMarkAssetMark / GPS Accumulation Neutral Moderate Growth1/31/2019 12:00:00 AM5.0033-7.35427.13024.02595.0033-1.222414.25493.7315-5.86133.036111.419.860.560.38453Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4530.00000The profile is designed for an investor who seeks enhanced capital appreciation but is willing to accept greater risk of downside loss and volatility of returns. The strategy seeks to provide diversified exposure across varying asset allocation approaches in an effort to balance the impact of volatility and return. The strategy maintains a balanced exposure across four asset allocation approaches with a moderate exposure to alternative investments. Strategic and Tactical Constrained asset allocation approaches aim to provide consistent participation in the capital markets. Tactical Unconstrained and Absolute Return asset allocation approaches are designed to lessen the impact of market volatility on portfolios. Similarly, alternative investments provide additional diversification opportunities, with the goal of further moderating exposure to the downside of difficult markets. The underlying vehicles are managed by AssetMark, leveraging research from the portfolio strategists within the four asset allocation approaches and alternatives, and seek to achieve exposure to the collective asset allocation decisions of the portfolio strategists.0.6944
ModelxChangeAssetMarkAssetMark / GPS Focused Absolute Return1/31/2019 12:00:00 AM1.99510.65544.09412.70181.99510.68005.30436.9931-3.76682.73243.163.440.920.581431Allocation--30% to 50% Equityhttps://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.0.5778
ModelxChangeAssetMarkAssetMark / JP Morgan Absolute Return Conservative1/31/2019 12:00:00 AM2.4930-1.60542.86821.69512.4930-2.87784.24243.7297-1.76962.33083.052.90.560.35420Allocation--30% to 50% Equityhttps://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.0.25000.21611.3486
ModelxChangeAssetMarkAssetMark / JP Morgan Conservative1/31/2019 12:00:00 AM2.5000-1.22834.40833.29662.5000-2.54878.39404.6072-0.98614.70223.53.450.920.75417Allocation--30% to 50% Equityhttps://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.0.25000.24131.2897
ModelxChangeAssetMarkAssetMark / JP Morgan Growth1/31/2019 12:00:00 AM7.1644-7.697010.67356.04617.1644-9.442323.06926.5264-5.19107.142810.1610.090.940.56419Allocation--70% to 85% Equityhttps://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.0.25000.22191.5729
ModelxChangeAssetMarkAssetMark / JP Morgan Moderate1/31/2019 12:00:00 AM5.3300-5.17228.03425.33655.3300-6.554516.55475.6262-0.57214.99617.347.470.930.64418Allocation--50% to 70% Equityhttps://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.0.25000.22751.4602
ModelxChangeAssetMarkAssetMark / Litman Gregory Moderate (Third-Party Mutual Funds)1/31/2019 12:00:00 AM5.0300-5.77855.67452.63755.0300-6.756311.88092.9766-3.28462.81921430Allocation--50% to 70% Equityhttps://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. 0.20560.11421.5784
ModelxChangeAssetMarkAssetMark / MarketDimensions Profile 11/31/2019 12:00:00 AM2.64002.64004118Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL41180.00000The Profile 1 Portfolio is designed for an investor who wants to focus on preservation of capital as a primary goal and wishes to minimize downside risk. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio incorporates the underlying investment philosophy of Dimensional Fund Advisors which is based on years of rigorous academic research. The strategy is implemented with DFA funds and seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. While globally diversified, international exposure is typically around 30% of total equity exposure. International fixed income exposure is all currency hedged to the US dollar. The strategy emphasizes Dimensional’s focus on market size, value and profitability within equities and credit and term structure within fixed income. 0.2275
ModelxChangeAssetMarkAssetMark / MarketDimensions Profile 21/31/2019 12:00:00 AM3.79003.79004119Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL41190.00000The Profile 2 Portfolio is designed for an investor who seeks to preserve capital but wishes to assume moderate downside risk in order to earn a return sufficient to preserve purchasing power. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio incorporates the underlying investment philosophy of Dimensional Fund Advisors which is based on years of rigorous academic research. The strategy is implemented with DFA funds and seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. While globally diversified, international exposure is typically around 30% of total equity exposure. International fixed income exposure is all currency hedged to the US dollar. The strategy emphasizes Dimensional’s focus on market size, value and profitability within equities and credit and term structure within fixed income. 0.2311
ModelxChangeAssetMarkAssetMark / MarketDimensions Profile 31/31/2019 12:00:00 AM5.71005.71004120Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL41200.00000The Profile 3 Portfolio is designed for an investor who seeks to balance risk of loss to capital with capital appreciation. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio incorporates the underlying investment philosophy of Dimensional Fund Advisors which is based on years of rigorous academic research. The strategy is implemented with DFA funds and seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. While globally diversified, international exposure is typically around 30% of total equity exposure. International fixed income exposure is all currency hedged to the US dollar. The strategy emphasizes Dimensional’s focus on market size, value and profitability within equities and credit and term structure within fixed income. 0.2374
ModelxChangeAssetMarkAssetMark / MarketDimensions Profile 41/31/2019 12:00:00 AM6.86006.86004121Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL41210.00000The Profile 4 Portfolio is designed for an investor who seeks enhanced capital appreciation and is willing to accept greater risk of downside loss and volatility of returns. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio incorporates the underlying investment philosophy of Dimensional Fund Advisors which is based on years of rigorous academic research. The strategy is implemented with DFA funds and seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. While globally diversified, international exposure is typically around 30% of total equity exposure. International fixed income exposure is all currency hedged to the US dollar. The strategy emphasizes Dimensional’s focus on market size, value and profitability within equities and credit and term structure within fixed income. 0.2416
ModelxChangeAssetMarkAssetMark / MarketDimensions Profile 51/31/2019 12:00:00 AM7.62007.62004122Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL41220.00000The Profile 5 Portfolio 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. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio incorporates the underlying investment philosophy of Dimensional Fund Advisors which is based on years of rigorous academic research. The strategy is implemented with DFA funds and seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. While globally diversified, international exposure is typically around 30% of total equity exposure. International fixed income exposure is all currency hedged to the US dollar. The strategy emphasizes Dimensional’s focus on market size, value and profitability within equities and credit and term structure within fixed income. 0.2445
ModelxChangeAssetMarkAssetMark / MarketDimensions Profile 61/31/2019 12:00:00 AM8.61008.61004123Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL41230.00000The Profile 6 Portfolio is designed for an investor who seeks the highest level of capital appreciation and is willing to accept the correspondingly greater risk of loss and volatility of returns. AssetMark takes a systematic approach in representing the global capital markets in a risk efficient manner. Focused on the longer term the portfolio incorporates the underlying investment philosophy of Dimensional Fund Advisors which is based on years of rigorous academic research. The strategy is implemented with DFA funds and seeks to meet the long-term risk of a blended global equity and fixed income benchmark while enhancing return potential. While globally diversified, international exposure is typically around 30% of total equity exposure. International fixed income exposure is all currency hedged to the US dollar. The strategy emphasizes Dimensional’s focus on market size, value and profitability within equities and credit and term structure within fixed income. 0.2477
ModelxChangeAssetMarkAssetMark / New Frontier Conservative1/31/2019 12:00:00 AM2.50640.28433.78393.23322.5064-1.82466.54574.2768-0.41186.05273.213.250.810.77401Allocation--30% to 50% Equityhttps://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. 0.6217
ModelxChangeAssetMarkAssetMark / New Frontier ETF, Profile 1, Conservative1/31/2019 12:00:00 AM2.53000.82394.19883.48692.5300-1.25097.17874.2768-0.38146.05253.193.240.940.853074Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30740.00000The New Frontier ETF, Profile 1 Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a benchmark of 20% equities and 80% bonds. This portfolio is designed for long term investors seeking current income. The strategy invests in fifteen to thirty exchange traded funds. The strategy uses patented quantitative methodologies to create global risk-targeted portfolios implemented with ETFs. Portfolios are globally diversified by design and include both core and satellite asset classes. The strategic asset allocation process consists of four stages including investment vehicle research, risk-return estimation, portfolio construction/optimization, and portfolio rebalancing and monitoring.0.1717
ModelxChangeAssetMarkAssetMark / New Frontier ETF, Profile 2, Moderate Conservative1/31/2019 12:00:00 AM4.2800-1.16966.38045.01454.2800-3.946512.36915.7697-0.82668.20085.365.340.970.813075Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30750.00000The New Frontier ETF, Profile 2 Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a benchmark of 35% equities and 65% bonds. This portfolio is designed for investors seeking current income with the potential for long term capital growth. The strategy invests in fifteen to thirty exchange traded funds. The strategy uses patented quantitative methodologies to create global risk-targeted portfolios implemented with ETFs. Portfolios are globally diversified by design and include both core and satellite asset classes. The strategic asset allocation process consists of four stages including investment vehicle research, risk-return estimation, portfolio construction/optimization, and portfolio rebalancing and monitoring.0.1695
ModelxChangeAssetMarkAssetMark / New Frontier ETF, Profile 3, Moderate1/31/2019 12:00:00 AM5.9000-3.06798.41316.09145.9000-6.125116.66756.9860-1.09278.21277.277.250.990.753076Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30760.00000The New Frontier ETF, Profile 3 Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a benchmark of 60% equities and 40% bonds. This portfolio is designed for investors seeking current income and long term capital growth. The strategy invests in fifteen to thirty exchange traded funds. The strategy uses patented quantitative methodologies to create global risk-targeted portfolios implemented with ETFs. Portfolios are globally diversified by design and include both core and satellite asset classes. The strategic asset allocation process consists of four stages including investment vehicle research, risk-return estimation, portfolio construction/optimization, and portfolio rebalancing and monitoring.0.1588
ModelxChangeAssetMarkAssetMark / New Frontier ETF, Profile 4, Moderate Growth1/31/2019 12:00:00 AM6.9724-4.41639.75966.58216.9724-7.545919.50507.5977-1.31367.23208.628.650.990.73077Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30770.00000The New Frontier ETF, Profile 4 Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a benchmark of 75% equities and 25% bonds. This portfolio is designed for investors seeking long term capital growth with a secondary focus on current income. The strategy invests in fifteen to thirty exchange traded funds. The strategy uses patented quantitative methodologies to create global risk-targeted portfolios implemented with ETFs. Portfolios are globally diversified by design and include both core and satellite asset classes. The strategic asset allocation process consists of four stages including investment vehicle research, risk-return estimation, portfolio construction/optimization, and portfolio rebalancing and monitoring.0.1510
ModelxChangeAssetMarkAssetMark / New Frontier ETF, Profile 5, Growth1/31/2019 12:00:00 AM7.9963-6.140911.22566.97117.9963-9.127322.68218.3170-1.66475.602610.1310.260.990.643078Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30780.00000The New Frontier ETF, Profile 5 Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a benchmark of 85% equities and 15% bonds. This portfolio is designed for investors seeking long term capital growth. The strategy invests in fifteen to thirty exchange traded funds. The strategy uses patented quantitative methodologies to create global risk-targeted portfolios implemented with ETFs. Portfolios are globally diversified by design and include both core and satellite asset classes. The strategic asset allocation process consists of four stages including investment vehicle research, risk-return estimation, portfolio construction/optimization, and portfolio rebalancing and monitoring.0.1335
ModelxChangeAssetMarkAssetMark / New Frontier ETF, Profile 6, Maximum Growth1/31/2019 12:00:00 AM8.8104-6.440712.06987.08518.8104-9.708524.09338.6276-2.03544.462510.9911.170.990.613079Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30790.00000The New Frontier ETF, Profile 6 Portfolio is a risk-targeted core investment, consisting of ETF funds optimized relative to a benchmark of 100% equities. This portfolio is designed for investors seeking long term capital growth. The strategy invests in fifteen to thirty exchange traded funds. The strategy uses patented quantitative methodologies to create global risk-targeted portfolios implemented with ETFs. Portfolios are globally diversified by design and include both core and satellite asset classes. The strategic asset allocation process consists of four stages including investment vehicle research, risk-return estimation, portfolio construction/optimization, and portfolio rebalancing and monitoring.0.1230
ModelxChangeAssetMarkAssetMark / New Frontier Growth1/31/2019 12:00:00 AM8.0200-6.197411.20336.88978.0200-9.202022.68218.3170-1.97935.602610.1610.280.990.63416Allocation--70% to 85% Equityhttps://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. 0.5835
ModelxChangeAssetMarkAssetMark / New Frontier Moderate1/31/2019 12:00:00 AM5.9000-3.06797.94415.68965.9000-6.125115.43236.4458-1.40708.2021415Allocation--50% to 70% Equityhttps://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. 0.6088
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Conservative1/31/2019 12:00:00 AM2.9600-0.38873.70473.31602.9600-2.54487.80912.6057-0.78046.98583.833.920.670.67421Allocation--30% to 50% Equityhttps://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. 0.5518
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Growth1/31/2019 12:00:00 AM7.9079-6.30909.68586.42537.9079-9.132120.15566.4682-0.97166.125110.0310.140.860.6423Allocation--70% to 85% Equityhttps://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.0.5857
ModelxChangeAssetMarkAssetMark / State Street Global Advisors Moderate1/31/2019 12:00:00 AM5.8800-3.05698.03774.73715.8800-5.583516.09903.4938-3.81966.91747.327.320.940.57422Allocation--50% to 70% Equityhttps://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.0.5701
ModelxChangeAthenaInvest Advisors LLCAthena Global Tactical ETFs1/31/2019 12:00:00 AM5.9911-1.060913.804212.43595.9911-1.099326.13636.55420.535219.907011.2713.181.110.93107Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL31070.50000The Athena Global Tactical ETFs portfolio seeks to generate long-term growth. The portfolio utilizes patented behavioral market indicators to gauge and select broad market-exposure ETFs among various equity markets, market capitalization or cash each month. The portfolio invests in long or leveraged positions within US small, US large or international equities when market indicators are strong. In certain circumstances the position may be leveraged up to twice the market to enhance returns. During weak conditions, the fund can hold up to 100% in cash.0.8100
ModelxChangeAurum Wealth Management GroupAggressive Balanced1/31/2019 12:00:00 AM6.1036-6.16307.78274.03346.1036-8.059016.31286.8749-1.76560.30047.567.440.880.47608Allocation--50% to 70% Equityhttps://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. 0.02000.5581
ModelxChangeAurum Wealth Management GroupAggressive Growth1/31/2019 12:00:00 AM6.9298-7.81599.58645.05716.9298-9.434520.42738.0349-2.29031.03129.29.260.920.5609Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6090.00000Seeks to maximize long-term capital appreciation. The portfolio invests mainly in U.S. and International equities with small allocations to fixed income and alternative strategies. Due to high equity exposure, investors should expect similar volatility to broad global equity markets subject to significant principal fluctuations. Strategic Asset Allocation: 70% Stocks, 19% Alternatives, 10% Bonds, 1% Cash. The Strategic Asset Allocation serves as the long-term target for each asset class. At times, Aurum Wealth Management Group LLC may perceive short or medium-term opportunities and become tactically underweight or overweight certain asset classes, which will cause variance from the Strategic Asset Allocation. The Tactical Asset Allocation reflects those views and indicates the actual allocation to each asset class and fund. This portfolio is suitable for investors who have at least 25 years until retirement and are looking to maximize long-term growth. The target default age bracket for the Aurum Aggressive Growth Framework is investors age 18 to 39. By defaulting into one of the Aurum Asset Allocation Frameworks, your portfolio will remain in that framework until either you make a change in your investment allocation or you reach one the various age brackets at 40, 50, 60, or 70 years of age, respectively. In the year you turn age 40, you will move from the Aggressive Growth Framework to the Aggressive Balanced Framework. In the year you turn age 50, you will move from the Aggressive Balanced Framework to the Moderate Balanced Framework. In the year you turn age 60, you will move the Moderate Balanced Framework to the Conservative Balanced Framework. In the year you turn age 70, you will move from the Conservative Balanced Framework to the Conservative Income Framework. The change to the new Framework will occur on the first trading day of the year you reach age 40, 50, 60, or 70, respectively. 0.02320.4675
ModelxChangeAurum Wealth Management GroupConservative Balanced1/31/2019 12:00:00 AM3.7432-3.20585.16623.07203.7432-4.715910.34775.3296-0.87201.82734.434.230.90.57606Allocation--30% to 50% Equityhttps://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. 0.01390.5226
ModelxChangeAurum Wealth Management GroupConservative Income1/31/2019 12:00:00 AM1.6294-0.59503.36752.30651.6294-1.50305.86234.34040.18801.93922.092.051.040.77604Allocation--30% to 50% Equityhttps://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+. 0.00910.4759
ModelxChangeAurum Wealth Management GroupModerate Balanced1/31/2019 12:00:00 AM4.5626-5.03556.32573.54394.5626-6.370713.20576.0942-1.30491.39575.885.750.880.51607Allocation--50% to 70% Equityhttps://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. 0.01670.5325
ModelxChangeBeacon Capital Management, Inc.Vantage 2.0 Aggressive - Unmanaged*1793Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17930.40000The Vantage 2.0 models are total return portfolios with a primary investment objective of risk management/principle protection and with a secondary objective of generating more consistent returns in the midst of market volatility and throughout various market cycles. Note as total return portfolios, the Vantage 2.0 models are not designed to outperform a specific benchmark or to generate a target rate of return. The Vantage 2.0 models are for investors seeking more consistent results. These portfolios are designed to avoid significant losses while attempting to enhance long-term returns. Investors are willing to sacrifice the highest possible returns in the market for a higher level of risk control. 0.5018
ModelxChangeBeacon Capital Management, Inc.Vantage 2.0 Balanced - Unmanaged*1871Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18710.40000The Vantage 2.0 models are total return portfolios with a primary investment objective of risk management/principle protection and with a secondary objective of generating more consistent returns in the midst of market volatility and throughout various market cycles. Note as total return portfolios, the Vantage 2.0 models are not designed to outperform a specific benchmark or to generate a target rate of return. The Vantage 2.0 models are for investors seeking more consistent results. These portfolios are designed to avoid significant losses while attempting to enhance long-term returns. Investors are willing to sacrifice the highest possible returns in the market for a higher level of risk control. 0.4930
ModelxChangeBeacon Capital Management, Inc.Vantage 2.0 Conservative - Unmanaged*1872Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18720.40000The Vantage 2.0 models are total return portfolios with a primary investment objective of risk management/principle protection and with a secondary objective of generating more consistent returns in the midst of market volatility and throughout various market cycles. Note as total return portfolios, the Vantage 2.0 models are not designed to outperform a specific benchmark or to generate a target rate of return. The Vantage 2.0 models are for investors seeking more consistent results. These portfolios are designed to avoid significant losses while attempting to enhance long-term returns. Investors are willing to sacrifice the highest possible returns in the market for a higher level of risk control. 0.4834
ModelxChangeBeacon Capital Management, Inc.Vantage 3.0 Aggressive - Unmanaged*2582Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25820.40000The Vantage 3.0 Aggressive, Balanced and Conservative portfolios seek to minimize losses while striving to participate in the market's upside by monitoring each of the 11 Vanguard Sector ETFs individually and as each sector falls below its sell point, a loss reduction trade is triggered and the equity assets represented by that sector only are shifted to our bond portfolio. Holdings in the Alternative and Bond portfolios follow the same mechanical loss reduction strategy (alternative positions move to bonds and bond positions move to a short-term bond fund when they cross their "bear" trading trend-line). Conversely, when a sector/holding which has been shifted from its normal allocation then crosses its "bull" trading trend-line, the allocation portion represented by that holding is liquidated from its defensive position and reallocated back to its normal allocation. The standard investment allocation is the Normal Allocation that is used the majority of the time. The Normal Allocation consists of equities, bonds, and cash. The equity allocation is equally divided among the 11 Vanguard sector ETFs. The bond allocation is equally divided among four Vanguard bond ETFs that provide exposure to extended, long, intermediate, and inflation-protected bonds. Each allocation also includes a cash position. As an equity sector shows weakness and enters, what is believed to be, a bear trend, those funds are moved to the bond allocation. As a bond sector shows weakness and enters, what is believed to be, a bear trend, those funds are moved to a further defensive short-term bond position. Each sector is monitored daily with a specific benchmark index. When a benchmark index falls below the bear trend line, the sector is sold and the funds are reallocated to the Vantage 3.0 Bond portfolio. When a benchmark index moves above the bull trend line, funds are moved from the Vantage 3.0 Bond portfolio and used to buy the sector once again. The Vantage 3.0 strategy creates the bull and bear trend lines based upon a proprietary blend of five moving averages. These moving averages attempt to provide a guide to the long-term trend of each sector.0.4891
ModelxChangeBeacon Capital Management, Inc.Vantage 3.0 Alternative - Unmanaged*2586Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25860.40000The Vantage 3.0 Alternative Portfolio seeks to minimize losses while striving to participate in the market's upside by monitoring each of the 3 PowerShares Alternative ETFs individually and as each alternative sector falls below its sell point ("bear" trading trend-line), a loss reduction trade is triggered and the assets represented by that alternative holding only are shifted to our bond portfolio. Conversely, when an alternative holding which has been shifted from its normal allocation then crosses its "bull" trading trend-line, the allocation portion represented by that holding is liquidated from its defensive position and reallocated back to its normal allocation. The standard investment allocation is the Normal Allocation that is used the majority of the time. The Normal Allocation consists of alternative equities, bonds, and cash. The alternative equity allocation is equally divided among the 3 PowerShares Alternative ETFs. The bond allocation is equally divided among four Vanguard bond ETFs that provide exposure to extended, long, intermediate, and inflation-protected bonds. Each allocation also includes a cash position. As an alternative holding shows weakness and enters, what is believed to be, a bear trend, those funds are moved to the bond allocation. As a bond sector shows weakness and enters, what is believed to be, a bear trend, those funds are moved to a further defensive short-term bond position. Each alternative holding is monitored daily with a specific benchmark index. When a benchmark index falls below the bear trend line, the sector is sold and the funds are reallocated to the Vantage 3.0 Bond portfolio. When a benchmark index moves above the bull trend line, funds are moved from the Vantage 3.0 Bond portfolio and used to buy the alternative equity holding once again. The Vantage 3.0 strategies creates the bull and bear trend lines based upon a proprietary blend of five moving averages. These moving averages attempt to provide a guide to the long-term trend of each sector. 1.4766
ModelxChangeBeacon Capital Management, Inc.Vantage 3.0 Balanced - Unmanaged*2583Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25830.40000The Vantage 3.0 Aggressive, Balanced and Conservative portfolios seek to minimize losses while striving to participate in the market's upside by monitoring each of the 11 Vanguard Sector ETFs individually and as each sector falls below its sell point, a loss reduction trade is triggered and the equity assets represented by that sector only are shifted to our bond portfolio. Holdings in the Alternative and Bond portfolios follow the same mechanical loss reduction strategy (alternative positions move to bonds and bond positions move to a short-term bond fund when they cross their "bear" trading trend-line). Conversely, when a sector/holding which has been shifted from its normal allocation then crosses its "bull" trading trend-line, the allocation portion represented by that holding is liquidated from its defensive position and reallocated back to its normal allocation. The standard investment allocation is the Normal Allocation that is used the majority of the time. The Normal Allocation consists of equities, bonds, and cash. The equity allocation is equally divided among the 11 Vanguard sector ETFs. The bond allocation is equally divided among four Vanguard bond ETFs that provide exposure to extended, long, intermediate, and inflation-protected bonds. Each allocation also includes a cash position. As an equity sector shows weakness and enters, what is believed to be, a bear trend, those funds are moved to the bond allocation. As a bond sector shows weakness and enters, what is believed to be, a bear trend, those funds are moved to a further defensive short-term bond position. Each sector is monitored daily with a specific benchmark index. When a benchmark index falls below the bear trend line, the sector is sold and the funds are reallocated to the Vantage 3.0 Bond portfolio. When a benchmark index moves above the bull trend line, funds are moved from the Vantage 3.0 Bond portfolio and used to buy the sector once again. The Vantage 3.0 strategy creates the bull and bear trend lines based upon a proprietary blend of five moving averages. These moving averages attempt to provide a guide to the long-term trend of each sector.0.4838
ModelxChangeBeacon Capital Management, Inc.Vantage 3.0 Bond - Unmanaged*2585Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25850.40000The Vantage 3.0 Bond Portfolio seeks to minimize losses while striving to participate in the fixed income market's upside by monitoring each of the 4 Vanguard Sector/Bond ETFs individually and as each bond position falls below its sell point ("bear" trading trend-line), a loss reduction trade is triggered and the assets represented by that bond sector only are shifted to a short-term bond holding. Conversely, when a bond sector/holding which has been shifted from its normal allocation then crosses its "bull" trading trend-line, the allocation portion represented by that holding is liquidated from its defensive position and reallocated back to its normal allocation. The standard investment allocation is the Normal Allocation that is used the majority of the time. The Normal Allocation consists of bonds and cash. The bond allocation is equally divided among four Vanguard bond ETFs that provide exposure to extended, long, intermediate, and inflation-protected bonds. Each allocation also includes a cash position. As an bond holding shows weakness and enters, what is believed to be, a bear trend, those funds are moved to a short-term bond position. Each Vantage 3.0 Bond holding is monitored daily with a specific bond benchmark index. When a bond benchmark index falls below its bear trading trend line, the bond holding is sold and the funds are reallocated to a short-term fixed income position. When a bond benchmark index moves above the bull trading trend line, funds represented by the bond holding are moved from the short-term investment back into the its normal bond position. The Vantage 3.0 Bond strategy creates the bull and bear trend lines based upon a proprietary blend of five moving averages. These moving averages attempt to provide a guide to the long-term trend of each sector. 0.4700
ModelxChangeBeacon Capital Management, Inc.Vantage 3.0 Conservative - Unmanaged*2584Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25840.40000The Vantage 3.0 Aggressive, Balanced and Conservative portfolios seek to minimize losses while striving to participate in the market's upside by monitoring each of the 11 Vanguard Sector ETFs individually and as each sector falls below its sell point, a loss reduction trade is triggered and the equity assets represented by that sector only are shifted to our bond portfolio. Holdings in the Alternative and Bond portfolios follow the same mechanical loss reduction strategy (alternative positions move to bonds and bond positions move to a short-term bond fund when they cross their "bear" trading trend-line). Conversely, when a sector/holding which has been shifted from its normal allocation then crosses its "bull" trading trend-line, the allocation portion represented by that holding is liquidated from its defensive position and reallocated back to its normal allocation. The standard investment allocation is the Normal Allocation that is used the majority of the time. The Normal Allocation consists of equities, bonds, and cash. The equity allocation is equally divided among the 11 Vanguard sector ETFs. The bond allocation is equally divided among four Vanguard bond ETFs that provide exposure to extended, long, intermediate, and inflation-protected bonds. Each allocation also includes a cash position. As an equity sector shows weakness and enters, what is believed to be, a bear trend, those funds are moved to the bond allocation. As a bond sector shows weakness and enters, what is believed to be, a bear trend, those funds are moved to a further defensive short-term bond position. Each sector is monitored daily with a specific benchmark index. When a benchmark index falls below the bear trend line, the sector is sold and the funds are reallocated to the Vantage 3.0 Bond portfolio. When a benchmark index moves above the bull trend line, funds are moved from the Vantage 3.0 Bond portfolio and used to buy the sector once again. The Vantage 3.0 strategy creates the bull and bear trend lines based upon a proprietary blend of five moving averages. These moving averages attempt to provide a guide to the long-term trend of each sector.0.4781
ModelxChangeBeaumont Capital ManagementBCM Decathlon Conservative Tactics1/31/2019 12:00:00 AM0.7000-2.67977.22423.40310.70000.354915.35733.5073-0.7587-0.35655.514.761.090.58409Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4090.50000The strategy is a global, tactical strategy. This quantitative, ETF-based growth strategy focuses on reducing volatility and maximum drawdown by seeking to adhere to a 7% maximum target for each as well as an 80% maximum allowable equity allocation. The strategy seeks to help investors participate in healthy markets, while avoiding asset classes or specific markets undergoing periods of failure. The strategy is opportunistic, selecting from a carefully managed investment universe of ETFs representing virtually every investable asset class, and does not have specific asset allocation restrictions (other than the 80% maximum equity allocation for the Conservative portfolio). Typically every 25 trading days, the strategy invests in 10 ETFs in 10% equal weights. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The investment universe is a defined, managed investment pool of approximately 110 ETFs, across virtually all global asset classes – Global equity that includes sector, country and other types of equity ETFs; Global fixed income including a range of credit qualities, durations, and types; and alternative investments including REITs, Currencies and Commodities. The universe typically reviewed every 12 months for the purpose of adding or removing ETFs, considering primarily liquidity, specific tax ramifications such as producing a K-1, specific and diverse investment attributes, and overall appropriateness. The strategy uses pattern recognition technology (PRT) seeking to invest in what are predicted to be the best performing asset classes at all times while being optimized to adhere to specific maximum volatility and maximum drawdown targets of 7% as well as an 80% maximum allowable equity allocation. The quantitative models are built using at least 10 years of return and volatility data. The PRT continuously analyzes the historical data of each ETF in the pool seeking to identify desirable, repeating patterns. Once the patterns have been identified, the algorithms then rank each ETF in the pool based on the most desirable patterns over the next 25 trading days. The algorithms de-select those ETFs that come with volatility or drawdown characteristics that are too high for the specified targets. Next, the top 10 ranked ETFs that meet the risk parameters set by the strategy will typically be included in the portfolio in equal weighted positions of 10%. The portfolio manager (PM) maintains full discretion over the portfolios that may be exercised for reasons including avoiding wash sales, liquidity and best trade execution, or capital preservation. Additionally, occasionally patterns are broken by exogenous events or there may be a black swan event. In these circumstances, the PM may respond by trading earlier than scheduled.0.6790
ModelxChangeBeaumont Capital ManagementBCM Decathlon Growth Tactics1/31/2019 12:00:00 AM4.4219-6.681311.55086.95564.4219-4.952929.52600.5896-0.64297.107211.4310.960.920.6411Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4110.50000The strategy is a global, tactical, absolute-return oriented strategy. This quantitative, ETF-based growth strategy focuses on reducing volatility and maximum drawdown by seeking to adhere to a 16% maximum target for each. The strategy seeks to help investors participate in healthy markets, while avoiding asset classes or specific markets undergoing periods of failure. The strategy is opportunistic, selecting from a carefully managed investment universe of ETFs representing virtually every investable asset class, and does not have specific asset allocation restrictions. Typically every 25 trading days, the strategy invests in 10 ETFs in 10% equal weights. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The investment universe is a defined, managed investment pool of approximately 110 ETFs, across virtually all global asset classes – Global equity that includes sector, country and other types of equity ETFs; Global fixed income including a range of credit qualities, durations, and types; and alternative investments including REITs, Currencies and Commodities. The universe typically reviewed every 12 months for the purpose of adding or removing ETFs, considering primarily liquidity, specific tax ramifications such as producing a K-1, specific and diverse investment attributes, and overall appropriateness. The strategy uses pattern recognition technology (PRT) seeking to invest in what are predicted to be the best performing asset classes at all times while being optimized to adhere to specific maximum volatility and maximum drawdown targets of 16%. The quantitative models are built using at least 10 years of return and volatility data. The PRT continuously analyzes the historical data of each ETF in the pool seeking to identify desirable, repeating patterns. Once the patterns have been identified, the algorithms then rank each ETF in the pool based on the most desirable patterns over the next 25 trading days. The algorithms de-select those ETFs that come with volatility or drawdown characteristics that are too high for the specified targets. Next, the top 10 ranked ETFs that meet the risk parameters set by the strategy will typically be included in the portfolio in equal weighted positions of 10%. The strategy is reviewed and typically trades every 25 trading days. The portfolio manager (PM) maintains full discretion over the portfolios that may be exercised for reasons including avoiding wash sales, liquidity and best trade execution, or capital preservation. Additionally, occasionally patterns are broken by exogenous events or there may be a black swan event. In these circumstances, the PM may respond by trading earlier than scheduled. 0.8670
ModelxChangeBeaumont Capital ManagementBCM Decathlon Moderate Tactics1/31/2019 12:00:00 AM1.1200-8.42438.44574.73821.1200-3.855423.80061.5147-3.70546.42678.828.420.830.51410Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL4100.50000The strategy is a global, tactical, absolute-return oriented strategy. This quantitative, ETF-based growth strategy focuses on reducing volatility and maximum drawdown by seeking to adhere to a 12% maximum target for each. The strategy seeks to help investors participate in healthy markets, while avoiding asset classes or specific markets undergoing periods of failure. The strategy is opportunistic, selecting from a carefully managed investment universe of ETFs representing virtually every investable asset class, and does not have specific asset allocation restrictions. Typically every 25 trading days, the strategy invests in 10 ETFs in 10% equal weights. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The investment universe is a defined, managed investment pool of approximately 110 ETFs, across virtually all global asset classes – Global equity that includes sector, country and other types of equity ETFs; Global fixed income including a range of credit qualities, durations, and types; and alternative investments including REITs, Currencies and Commodities. The universe typically reviewed every 12 months for the purpose of adding or removing ETFs, considering primarily liquidity, specific tax ramifications such as producing a K-1, specific and diverse investment attributes, and overall appropriateness. The strategy uses pattern recognition technology (PRT) seeking to invest in what are predicted to be the best performing asset classes at all times while being optimized to adhere to specific maximum volatility and maximum drawdown targets of 12%. The quantitative models are built using at least 10 years of return and volatility data. The PRT continuously analyzes the historical data of each ETF in the pool seeking to identify desirable, repeating patterns. Once the patterns have been identified, the algorithms then rank each ETF in the pool based on the most desirable patterns over the next 25 trading days. The algorithms de-select those ETFs that come with volatility or drawdown characteristics that are too high for the specified targets. Next, the top 10 ranked ETFs that meet the risk parameters set by the strategy will typically be included in the portfolio in equal weighted positions of 10%. The strategy is reviewed and typically trades every 25 trading days. The portfolio manager (PM) maintains full discretion over the portfolios that may be exercised for reasons including avoiding wash sales, liquidity and best trade execution, or capital preservation. Additionally, occasionally patterns are broken by exogenous events or there may be a black swan event. In these circumstances, the PM may respond by trading earlier than scheduled. 0.7200
ModelxChangeBeaumont Capital ManagementBCM Diversified Equity1/31/2019 12:00:00 AM3.0052-10.33007.34594.68323.0052-9.482219.91935.8221-4.12607.20568.88.910.720.4881Large Growthhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL810.50000BCM Diversified Equity is a tactical, rules-based investment strategy. The portfolio is a global, equity growth strategy designed to meet or beat a blended benchmark – 70% S&P 500® Index / 15% MSCI World ex-U.S. Index / 15% MSCI World Index – over time while reducing portfolio volatility and drawdowns. The quantitatively-researched, ETF-based strategy seeks to help investors participate when markets are healthy and avoid large market losses in times of market failure. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating, risky factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The strategy’s target allocation is 70% U.S. Core Equity (U.S. Sector Rotation model), 15% International Equity and 15% Global Macro Equity. The U.S. core equity allocation uses a quantitatively-researched process that analyzes 10 sectors of the S&P 500 on a weekly basis to establish which sectors have positive momentum. The allocation owns the ETFs representing those sectors with positive momentum, in equal weights, and sells those that have negative momentum. If three or fewer sectors are owned, the allocation starts to raise cash (or substitutes) and can go to 100% cash if conditions warrant. The international equity allocation is quantitatively driven with a fundamental overlay. The allocation will typically allocate 50% to developed markets and 50% to emerging markets in normal market conditions. If the quantitative system determines broad international markets do not have positive momentum, the portfolio manager may select ETFs that target specific regions or countries. The global macro equity allocation invests based on long-term themes of the Beaumont investment committees. The positions within this allocation typically target 10+ year themes such as clean water, high dividend ETFs, internet related ETFs or precious metals, etc. The strategy invests solely in long-only ETFs, and do not use ETFs that actively employ margin, leverage, inverse or other complicating factors. The strategy primarily invests in the SSgA SPDR Sector ETFs. 0.7094
ModelxChangeBeaumont Capital ManagementBCM Dynamic 50%/50% Target Allocation1/31/2019 12:00:00 AM1.9853-4.14803.64291.9853-5.06438.63965.3816-1.67654.80.533040Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30400.22000The BCM Dynamic 50%/50% Target Allocation portfolio is constructed using a combination of tactical and strategic allocations in both equity and fixed income. The portfolio seeks to achieve balanced capital appreciation by investing 50% in equity ETFs and 50% in fixed income ETFs. BCM’s investment philosophy is based on the belief that emotions drive investor actions, and that investors are not risk averse, they are loss averse. BCM incorporates this into each of our investment processes, while still focusing on the primary goal of any investment strategy – growth. 43% of the portfolio invests in a tactical, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index in equal weights. The strategy has the ability to remove individual sectors that are struggling despite an overall bull market, to raise cash if invested in fewer than 4 sectors, and to move 100% into a money-market if conditions warrant. This tactical portion of the strategy seeks to stay invested in healthy and even sideways markets to provide growth, but provides significant downside protection in weak markets. 47% of the portfolio invests in a tactical, fundamentally driven fixed income allocation that invests in a combination of high quality fixed income, high yield fixed income and equity income ETFs. This allocation is designed to help reduce overall portfolio volatility and has the ability to invest 100% in ultra-short term bond ETFs and/or cash if bonds enter a bear market. The remaining 10% of the portfolio is a strategic allocation to a broad fixed income ETF. The strategic allocation is static and will remain invested in the specified allocations to help achieve overall portfolio objectives with the exception of periodic rebalancing. The strategy seeks to participate in healthy markets, while using tactical allocations and fixed income to help reduce risk and protect against large losses in market downturns in equities and/or bonds. The portfolio invests in long-only ETFs and will not actively use margin, leverage, shorting or other complicating factors. The portfolio manager maintains full discretion over the portfolio. The portfolio will typically have 10-20 ETFs. 0.4074
ModelxChangeBeaumont Capital ManagementBCM Dynamic 60%/40% Target Allocation1/31/2019 12:00:00 AM2.6122-5.29754.87162.6122-6.223310.87286.4996-1.89025.870.643039Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30390.22000The BCM Dynamic 60%/40% Target Allocation portfolio is constructed using a combination of tactical and strategic allocations in both equity and fixed income. The portfolio seeks to achieve moderate capital appreciation by investing 60% in equity ETFs, and to balance risk, invests 40% in fixed income ETFs. BCM’s investment philosophy is based on the belief that emotions drive investor actions, and that investors are not risk averse, they are loss averse. BCM incorporates this into each of our investment processes, while still focusing on the primary goal of any investment strategy – growth. 45% of the portfolio invests in a tactical, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index in equal weights. The strategy has the ability to remove individual sectors that are struggling despite an overall bull market, to raise cash if invested in fewer than 4 sectors, and to move 100% into a money-market if conditions warrant. This tactical portion of the strategy seeks to stay invested in healthy and even sideways markets to provide growth, but provides significant downside protection in weak markets. 35% of the portfolio invests in a tactical, fundamentally driven fixed income allocation that invests in a combination of high quality fixed income, high yield fixed income and equity income ETFs. This allocation is designed to help reduce overall portfolio volatility and has the ability to invest 100% in ultra-short term bond ETFs and/or cash if bonds enter a bear market. The remaining 20% of the portfolio is strategically allocated 10% to global large-, mid- and small-cap equity ETFs and 10% to a broad fixed income ETF. The strategic allocations are static and will remain invested in the specified allocations to help achieve overall portfolio objectives with the exception of periodic rebalancing. The strategy seeks to participate in healthy markets, while using tactical allocations and fixed income to help reduce risk and protect against large losses in market downturns in equities and/or bonds. The portfolio invests in long-only ETFs and will not actively use margin, leverage, shorting or other complicating factors. The portfolio manager maintains full discretion over the portfolio. The portfolio will typically have 10-20 ETFs. 0.3913
ModelxChangeBeaumont Capital ManagementBCM Dynamic 70%/30% Target Allocation1/31/2019 12:00:00 AM3.3573-6.40685.90933.3573-7.475813.15226.8263-2.30026.960.693038Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30380.22000The BCM Dynamic 70%/30% Target Allocation portfolio is constructed using a combination of tactical and strategic allocations in both equity and fixed income. The portfolio seeks to achieve capital appreciation by investing 70% in equity ETFs, and to help offset equity market volatility, invests 30% in fixed income ETFs. BCM’s investment philosophy is based on the belief that emotions drive investor actions, and that investors are not risk averse, they are loss averse. BCM incorporates this into each of our investment processes, while still focusing on the primary goal of any investment strategy – growth. 46% of the portfolio invests in a tactical, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index in equal weights. The strategy has the ability to remove individual sectors that are struggling despite an overall bull market, to raise cash if invested in fewer than 4 sectors, and to move 100% into a money-market if conditions warrant. This tactical portion of the strategy seeks to stay invested in healthy and even sideways markets to provide growth, but provides significant downside protection in weak markets. 29% of the portfolio invests in a tactical, fundamentally driven fixed income allocation that invests in a combination of high quality fixed income, high yield fixed income and equity income ETFs. This allocation is designed to help reduce overall portfolio volatility and has the ability to invest 100% in ultra-short term bond ETFs and/or cash if bonds enter a bear market. The remaining 25% of the portfolio is strategically allocated 20% to global large-, mid- and small-cap equity ETFs and 5% to a broad fixed income ETF. The strategic allocations are static and will remain invested in the specified allocations to help achieve overall portfolio objectives with the exception of periodic rebalancing. The strategy seeks to provide strong participation in healthy markets, while using tactical allocations and strategic fixed income to help protect against large losses in market downturns. The portfolio invests in long-only ETFs and will not actively use margin, leverage, shorting or other complicating factors. The portfolio manager maintains full discretion over the portfolio. The portfolio will typically have 10-20 ETFs. 0.3858
ModelxChangeBeaumont Capital ManagementBCM Dynamic 85%/15% Target Allocation1/31/2019 12:00:00 AM4.1491-8.11837.20074.1491-9.160915.85938.1689-3.03428.510.733037Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30370.22000The BCM Dynamic 85%/15% Target Allocation portfolio is constructed using a combination of tactical and strategic allocations in both equity and fixed income. The portfolio seeks to achieve capital appreciation by investing 85% in equity ETFs, and to help offset equity market volatility, invests 15% in fixed income ETFs. BCM’s investment philosophy is based on the belief that emotions drive investor actions, and that investors are not risk averse, they are loss averse. BCM incorporates this into each of our investment processes, while still focusing on the primary goal of any investment strategy – growth. 53% of the portfolio invests in a tactical, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index in equal weights. The strategy has the ability to remove individual sectors that are struggling despite an overall bull market, to raise cash if invested in fewer than 4 sectors, and to move 100% into a money-market if conditions warrant. This tactical portion of the strategy seeks to stay invested in healthy and even sideways markets to provide growth, but provides significant downside protection in weak markets. 12% of the portfolio invests in a tactical, fundamentally driven fixed income allocation that invests in a combination of high quality fixed income, high yield fixed income and equity income ETFs. This allocation is designed to help reduce overall portfolio volatility and has the ability to invest 100% in ultra-short term bond ETFs and/or cash if bonds enter a bear market. The remaining 35% of the portfolio is strategically allocated 30% to global large-, mid- and small-cap equity ETFs and 5% to a broad fixed income ETF. The strategic allocations are static and will remain invested in the specified allocations to help achieve overall portfolio objectives with the exception of periodic rebalancing. The strategy seeks to provide robust participation in healthy markets and uses tactical equity allocations to help protect against large losses in market downturns. The portfolio construct will include long-only ETFs and will not actively use margin, leverage, shorting, inverse or other complicating factors. The portfolio manager maintains full discretion over the portfolio. The portfolio will typically have 10-20 ETFs. 0.3655
ModelxChangeBeaumont Capital ManagementBCM Dynamic 95%/5% Target Allocation1/31/2019 12:00:00 AM4.8258-9.23318.50874.8258-10.333518.63629.4295-3.38269.710.773036Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30360.22000The BCM Dynamic 95%/5% Target Allocation portfolio is constructed using a combination of tactical and strategic equity allocations. The portfolio seeks to achieve significant capital appreciation by investing 95% in equity ETFs with 5% in a broad bond ETF. BCM’s investment philosophy is based on the belief that emotions drive investor actions, and that investors are not risk averse, they are loss averse. BCM incorporates this into each of our investment processes, while still focusing on the primary goal of any investment strategy – growth. 55% of the strategy is invested in a tactical, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index in equal weights. This portion of the portfolio has the ability to remove individual sectors that are struggling despite an overall bull market, to raise cash if invested in fewer than 4 sectors, and to move 100% into a money-market if conditions warrant. This tactical equity portion of the strategy seeks to stay invested in healthy and even sideways markets to provide growth, but provides significant downside protection in weak markets. The remaining 45% of the portfolio is strategically allocated 40% to global large-, mid- and small-cap equity ETFs and 5% to a broad fixed income ETF. The strategic allocations are static and will remain invested in the specified allocations to help achieve overall portfolio objectives with the exception of periodic rebalancing. The strategy seeks to provide robust participation in healthy markets and uses tactical equity allocations to help protect against large losses in market downturns. The portfolio construct will include long-only ETFs. The strategy and the ETFs used will not actively use margin, leverage, shorting, inverse or other complicating factors. The portfolio manager maintains full discretion over the portfolio. The portfolio will typically have 10-20 ETFs. The strategy is designed for investors who have the ability to withstand substantial risk and want to maximize growth over the long-term, but are still seeking a degree of downside protection. 0.3494
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Aggressive Growth (QDIA)1/31/2019 12:00:00 AM4.8107-9.17758.51754.8107-10.331218.67929.4295-3.38269.580.781830Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18300.22000BCM DynamicBelay Aggressive Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve significant capital appreciation by investing 95% in equity ETFs. The strategy seeks to provide robust participation in healthy markets and uses tactical equity and fixed income allocations to help protect against large losses in market downturns. The strategy is designed for investors ages 29 years and younger, who have the ability to withstand substantial risk and want to maximize growth over time. The strategy is constructed using a combination of tactical and strategic allocations. 55% of the strategy is “tactically unconstrained”. This allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The remaining 45% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs, and diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth.0.3494
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Balanced Growth (QDIA)1/31/2019 12:00:00 AM1.9904-4.16223.60671.9904-5.16598.63655.3816-1.67654.770.521844Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18440.22000BCM DynamicBelay Balanced Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve steady growth by investing 50% in equity ETFs and to help offset equity market volatility, invests 50% fixed income ETFs. The strategy uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in market downturns while seeking to provide participation in favorable markets. The strategy is designed for investors 60 and older, who are nearing retirement and are seeking balanced growth until retirement. The BCM DynamicBelay Balanced Growth strategy is constructed using a combination of tactical and strategic allocations. 90% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 10% of the portfolio is allocated to strategic, diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth.0.4074
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Conservative Growth (QDIA)1/31/2019 12:00:00 AM2.5947-5.21314.90312.5947-6.167710.92586.4996-2.15745.810.651843Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18430.22000BCM DynamicBelay Conservative Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve moderate growth by investing 60% in equity ETFs and to help offset equity market volatility, invests 40% in fixed income ETFs. The strategy uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in equity market downturns while seeking to provide participation in favorable market conditions. The strategy is designed for investors 50-59, who have a lower risk tolerance and are seeking to achieve more modest growth as they approach retirement. The BCM DynamicBelay Conservative Growth strategy is constructed using a combination of tactical and strategic allocations. 80% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 20% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs, and diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth. 0.3913
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Growth (QDIA)1/31/2019 12:00:00 AM4.1187-7.94787.25854.1187-9.038415.92478.1689-3.03428.430.741831Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18310.22000BCM DynamicBelay Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve growth by investing 85% in equity ETFs and to help offset equity market volatility, invests 15% in fixed income ETFs. The strategy seeks to provide robust participation in healthy markets; and uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in market downturns. The strategy is designed for investors ages 30-39, who have a moderately aggressive risk tolerance and substantial growth as their primary long-term objective. The BCM DynamicBelay Growth strategy is constructed using a combination of tactical and strategic allocations. 65% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the ten sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 35% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs and to diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth. 0.3655
ModelxChangeBeaumont Capital ManagementBCM DynamicBelay Moderate Growth (QDIA)1/31/2019 12:00:00 AM3.3431-6.48495.87843.3431-7.576013.19136.8263-2.30026.910.71832Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL18320.22000BCM DynamicBelay Moderate Growth is a QDIA eligible strategy for 401(k) plans that seeks to achieve steady growth by investing 70% in equity ETFs and to help offset equity market volatility, invests 30% in fixed income ETFs. The strategy seeks to provide participation in healthy markets; and uses tactical equity and fixed income, and static fixed income allocations to help protect against large losses in market downturns. The strategy is designed for investors ages 40-49 who have a moderate risk tolerance and steady long-term growth as their primary objective. The BCM DynamicBelay Moderate Growth strategy is constructed using a combination of tactical and strategic allocations. 75% of the strategy is “tactically unconstrained” investing in both equity and fixed income. The tactical equity allocation uses a quantitative, momentum-based sector rotation process to invest in ETFs representing the nine sectors of the S&P 500® Index and can move to 100% “cash” as the quantitative models dictate. This tactical portion of the strategy seeks to stay invested in favorable markets to provide growth, but provide significant downside protection in weak markets by raising cash. The tactical fixed income allocation is fundamentally managed and invests in a combination of high quality fixed income, high yield fixed income and equity income. This allocation is designed to complement the equity allocation, seeking to reduce overall portfolio volatility and has the ability to invest 100% is ultra-short term bond ETFs and/or cash if conditions warrant. The remaining 25% of the portfolio is strategically allocated to large, mid and small cap global equity ETFs and diverse fixed income ETFs. The strategic allocations are static and will remain invested in the specified allocations at all times to help achieve overall portfolio growth. 0.3858
ModelxChangeBeaumont Capital ManagementBCM Global Sector Rotation1/31/2019 12:00:00 AM1.3404-10.01787.06162.19891.3404-7.494719.74362.6282-6.33140.13418.649.110.70.2186World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL860.50000BCM Global Sector Rotation is a tactical, rules-based investment strategy. The portfolio is a global, equity growth strategy designed to meet or beat the S&P Global 1200 Index over time while reducing portfolio volatility and drawdowns. The quantitatively-researched, ETF-based strategy seeks to help investors participate when markets are healthy and avoid large market losses in times of market failure. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating, risky factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The strategy’s target allocation is 100% Global Sector Equity ETFs. The strategy uses a quantitatively-researched process that analyzes 11 sectors of the S&P 500 on a weekly basis to establish which sectors have positive momentum. The strategy owns the ETFs representing those sectors with positive momentum, in equal weights, and sells those that have negative momentum. If three or fewer sectors are owned, the portfolio starts to raise cash in 25% increments and can go to 100% cash if conditions warrant. The strategy invests solely in long-only ETFs, and do not use ETFs that actively employ margin, leverage, inverse or other complicating factors. The strategy primarily invests in the SSgA SPDR Sector ETFs. 0.7275
ModelxChangeBeaumont Capital ManagementBCM Growth1/31/2019 12:00:00 AM2.7837-7.81916.19373.85932.7837-7.592816.45774.6577-3.37545.21727.117.150.720.4782Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL820.50000BCM Growth is a tactical, rules-based investment strategy. The portfolio is a global, equity growth strategy designed to meet or beat a blended benchmark – 55% S&P 500® Index / 13% MSCI World ex-U.S. Index / 12% MSCI World Index / 20% Barclays Aggregate Bond Index – over time while reducing portfolio volatility and drawdowns. The quantitatively-researched, ETF-based strategy seeks to help investors participate when markets are healthy and avoid large market losses in times of market failure. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating, risky factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The strategy’s target allocation is 55% U.S. Core Equity (U.S. Sector Rotation model), 13% International Equity, 12% Global Macro Equity and 20% High Quality Fixed Income. The U.S. core equity allocation uses a quantitatively-researched process that analyzes 10 sectors of the S&P 500 on a weekly basis to establish which sectors have positive momentum. The allocation owns the ETFs representing those sectors with positive momentum, in equal weights, and sells those that have negative momentum. If three or fewer sectors are owned, the allocation starts to raise cash (or substitutes) and can go to 100% cash if conditions warrant. The international equity allocation is quantitatively driven with a fundamental overlay. The allocation will typically allocate 50% to developed markets and 50% to emerging markets in normal market conditions. If the quantitative system determines broad international markets do not have positive momentum, the portfolio manager may select ETFs that target specific regions or countries. The global macro equity allocation invests based on long-term themes of the Beaumont investment committees. The positions within this allocation typically target 10+ year themes such as clean water, high dividend ETFs, internet related ETFs or precious metals, etc. The high quality fixed income allocation is typically managed to duration to lower the overall volatility of the overall strategy. It will typically hold investment grade or government-backed bond ETFs. The strategy invests solely in long-only ETFs, and do not use ETFs that actively employ margin, leverage, inverse or other complicating factors. The strategy primarily invests in the SSgA SPDR Sector ETFs. 0.7442
ModelxChangeBeaumont Capital ManagementBCM Income1/31/2019 12:00:00 AM1.65001.54071.33051.30571.6500-0.32282.04661.3318-0.61782.28162.412.250.080.2787Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL870.35000BCM Income is a tactical, fundamentally managed investment strategy that invests according to long-term themes of the Beaumont investment committees. The portfolio is managed primarily to duration. The strategy is designed to participate when markets are healthy, but seeks to avoid failing markets by shortening duration and/or raising cash. The strategy serves as an active income component seeking to lower overall portfolio volatility. The strategy solely invest in long-only ETFs or money market funds, and avoid leverage, options, inverse and other complicating, risky factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The strategy’s target allocation is at least 70% High Quality Fixed Income, up to 15% High Yield Fixed Income and up to 15% Equity Income. The high quality fixed income allocation is typically fundamentally managed to duration to lower the overall volatility of the portfolio in which this allocation is included. It will typically hold investment grade or government-backed bond ETFs. The high yield fixed income allocation is a discretionary allocation that can invest in non-investment grade debt if the investment committee determines the risk-reward profile meets our standards. If the investment committees determine an unattractive scenario for high yield fixed income, the allocation can invest in high quality fixed income or raise cash. The equity income allocation is a discretionary allocation that seeks income in equity instruments. Equity income can come in many forms. The goal of this allocation is to enhance the income of strategy above normal bond coupon rates. Possible exposure could include high dividend yielding equities, REITs, preferred stock and MLPs. This is based on long-term themes of Beaumont’s investment committee. If the committee determine there are no attractive investments that fit into this allocation, it can also invest in high quality fixed income or raise cash. The strategy invests solely in long-only ETFs, and do not use ETFs that actively employ margin, leverage, inverse or other complicating factors. 0.5935
ModelxChangeBeaumont Capital ManagementBCM Moderate Growth1/31/2019 12:00:00 AM2.3515-6.23965.42543.31512.3515-6.283613.93554.2707-3.04764.23185.855.920.740.4683Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL830.50000BCM Moderate Growth is a tactical, rules-based investment strategy. The portfolio is a global, equity growth strategy designed to meet or beat a blended benchmark – 45% S&P 500® Index / 10% MSCI World ex-U.S. Index / 10% MSCI World Index / 35% Barclays Aggregate Bond Index – over time while reducing portfolio volatility and drawdowns. The quantitatively-researched, ETF-based strategy seeks to help investors participate when markets are healthy and avoid large market losses in times of market failure. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating, risky factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The strategy’s target allocation is 45% U.S. Core Equity (U.S. Sector Rotation model), 10% International Equity, 10% Global Macro Equity and 35% High Quality Fixed Income. The U.S. core equity allocation uses a quantitatively-researched process that analyzes 10 sectors of the S&P 500 on a weekly basis to establish which sectors have positive momentum. The allocation owns the ETFs representing those sectors with positive momentum, in equal weights, and sells those that have negative momentum. If three or fewer sectors are owned, the allocation starts to raise cash (or substitutes) and can go to 100% cash if conditions warrant. The international equity allocation is quantitatively driven with a fundamental overlay. The allocation will typically allocate 50% to developed markets and 50% to emerging markets in normal market conditions. If the quantitative system determines broad international markets do not have positive momentum, the portfolio manager may select ETFs that target specific regions or countries. The global macro equity allocation invests based on long-term themes of the Beaumont investment committees. The positions within this allocation typically target 10+ year themes such as clean water, high dividend ETFs, internet related ETFs or precious metals, etc. The high quality fixed income allocation is typically managed to duration to lower the overall volatility of the overall strategy. It will typically hold investment grade or government-backed bond ETFs. The strategy invests solely in long-only ETFs, and do not use ETFs that actively employ margin, leverage, inverse or other complicating factors. The strategy primarily invests in the SSgA SPDR Sector ETFs. 0.7676
ModelxChangeBeaumont Capital ManagementBCM Paradigm U.S. Factor Selection1/31/2019 12:00:00 AM3.9000-5.971311.80643.9000-5.383021.211812.64719.491.112719Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27190.50000The BCM Paradigm Tactical Factor Selection strategy is a long-only, quantitatively-driven, tactical strategy that seeks to outperform the S&P 500® Total Return Index by investing primarily in U.S. factor-focused exchange traded funds (ETFs). This includes ETFs currently focused on the factors of size, value, low volatility, quality, dividend, and momentum. The BCM Paradigm strategies are a set of quantitatively-driven, tactical approaches that essentially entails two key aspects to portfolio construction. The first is to determine each ETF candidate's investment paradigm, either normal or volatile. If normal, it will typically be included in the portfolio; if volatile, it will be left out or sold from the portfolio. Therefore, the strategy may be fully invested, fully in cash, or anywhere in between as an output of the perceived level of risk for each candidate investment. The second aspect of this approach is to tactically allocate to those investments in the normal paradigm according to risk-levels. Specifically, each factor ETF owned has a base weight of 10-20% based on historical factors. The system then adjusts the portfolio weights up or down based on the relative risk/reward of each ETF. There are minimum and maximum buy allocations of 3% and 30%, respectively. The system is run daily and is reviewed for a rebalance on a weekly basis to reflect and react to the current level of risk. The portfolio manager maintains full discretion on the strategy including the timing of the trading each week. 0.7755
ModelxChangeBeaumont Capital ManagementBCM U.S. Sector Rotation1/31/2019 12:00:00 AM2.5882-10.35747.33495.49892.5882-9.509317.93748.3857-4.350411.01959.699.810.660.5284Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL840.50000BCM U.S. Sector Rotation is a tactical, rules-based investment strategy. The portfolio is a U.S. large cap equity growth strategy designed to meet or beat the S&P 500® Index over time while reducing portfolio volatility and drawdowns. The quantitatively-researched, ETF-based strategy seeks to help investors participate when markets are healthy and avoid large market losses in times of market failure. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating, risky factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The strategy’s target allocation is 100% U.S. Sector Equity ETFs. The strategy uses a quantitatively-researched process that analyzes 10 sectors of the S&P 500 on a weekly basis to establish which sectors have positive momentum. The strategy owns the ETFs representing those sectors with positive momentum, in equal weights, and sells those that have negative momentum. If three or fewer sectors are owned, the portfolio starts to raise cash in 25% increments and can go to 100% cash if conditions warrant. The strategy invests solely in long-only ETFs, and do not use ETFs that actively employ margin, leverage, inverse or other complicating factors. The strategy primarily invests in the SSgA SPDR Sector ETFs. 0.6925
ModelxChangeBeaumont Capital ManagementBCM U.S. Smart Beta Sector Rotation1/31/2019 12:00:00 AM3.0800-14.54405.34242.72263.0800-14.704814.77048.4770-6.57018.331210.6710.850.430.24188Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1880.50000BCM AlphaDEX U.S. Sector Rotation is a tactical, rules-based investment strategy. The portfolio is a U.S. large cap equity growth strategy designed to meet or beat the S&P 500® Index over time while reducing portfolio volatility and drawdowns. The quantitatively-researched, ETF-based strategy seeks to help investors participate when markets are healthy and avoid large market losses in times of market failure. The strategy solely invests in long-only ETFs or money market funds, and avoids leverage, options, inverse and other complicating, risky factors. All eligible BCM strategies are GIPS® verified annually by an independent third party. The strategy’s target allocation is 100% U.S. Sector Equity ETFs. The strategy uses a quantitatively-researched process that analyzes 10 sectors of the S&P 500 on a weekly basis to establish which sectors have positive momentum. The allocation owns the ETFs representing those sectors with positive momentum, in equal weights, and sells those that have negative momentum. If three or fewer sectors are owned, the allocation starts to raise cash (or substitutes) and can go to 100% cash if conditions warrant. The strategy invests solely in long-only ETFs, and do not use ETFs that actively employ margin, leverage, inverse or other complicating factors. The strategy primarily invests in the First Trust AlphaDEX Sector ETFs. 0.8160
ModelxChangeBell Rock Capital, LLCBRC Absolute Return1/31/2019 12:00:00 AM4.2223-2.37905.24513.14244.2223-4.56159.08535.7121-3.18853.67254.995.170.820.491963Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19630.35000The portfolio objective for the BRC Absolute Return strategy is to consistently generate moderate capital appreciation and moderate income for investors with low to intermediate tolerance for short term volatility. The portfolio complements core positions of indexed equities and investment grade fixed income with targeted exposure to a diversified selection of actively managed strategies and alternative asset classes. Investments are selected based on their potential for delivering uncorrelated returns or desired risk profiles in discreet market conditions. Target weights are tactically determined to reflect the probability of risk scenarios. Relative to other BRC strategies, the AR model incorporates a higher levels of unhedged exposure to assets denominated in foreign currencies, dollar denominated commodity assets and unconstrained fixed income strategies. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.7538
ModelxChangeBell Rock Capital, LLCBRC Aggressive1/31/2019 12:00:00 AM8.9866-3.54789.93326.11618.9866-8.962514.53419.54301.11944.435011.2111.310.80.521411Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14110.35000The portfolio objective for the BRC Aggressive strategy is to generate capital appreciation over time for investors with long term investment horizons, a tolerance for risk and the ability to remain invested through periods of elevated volatility. The strategies benchmark is the Morningstar Aggressive Moderate benchmark. The portfolio primarily targets diversified exposure to global equities with an emphasis on geographically or sector focused investments. These investments are selected for their potential to outperform the broader markets in terms of capital appreciation over time. Based on historical information, examples of industry specific investments might include Biotech, New Media, or Technology. Thematically driven research may be utilized throughout the business cycle to evaluate the addition or subtraction of mature industries or geographical / emerging market exposure. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.4614
ModelxChangeBell Rock Capital, LLCBRC Balanced1/31/2019 12:00:00 AM5.7214-1.88416.78824.21285.7214-5.369211.18696.84861.05665.48096.766.30.840.571647Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16470.35000The 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. 0.4600
ModelxChangeBell Rock Capital, LLCBRC Capital Preservation1/31/2019 12:00:00 AM2.79470.77604.12632.55182.7947-1.38675.30664.9431-1.49284.21952.882.81.020.661648Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16480.35000The 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. 0.4669
ModelxChangeBell Rock Capital, LLCBRC Conservative1/31/2019 12:00:00 AM3.9784-0.43346.19524.05353.9784-2.95878.23967.0185-0.67283.43494.85.321.040.641400Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14000.35000The portfolio objective for the BRC Conservative strategy is to provide balanced exposure to income producing assets and a selection of broadly diversified global equities for investors with short to intermediate investment horizons and a low to moderate tolerance for risk. The strategies benchmark is the Morningstar Conservative benchmark. The portfolio is designed with the objective of providing stable growth with a lower degree of volatility than other strategies. The fixed income portion of the portfolio incorporates investment instruments with staggered durations with the potential for reducing sensitivity to fluctuations in rates. This is complemented by broadly diversified exposure to the global equity markets that targets growth and value. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.4731
ModelxChangeBell Rock Capital, LLCBRC Low Volatility1/31/2019 12:00:00 AM3.1370-0.26525.44095.48983.1370-1.81208.93035.61870.92689.39224.334.50.981.052603Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26030.28000The portfolio objective is to outperform the very 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 with the objective of providing conservative stable growth with a low degree of volatility. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. This disciplined blend emphasizes return potential while attempting to manage risk and help provide consistent conservative returns. 0.5500
ModelxChangeBell Rock Capital, LLCBRC Moderate1/31/2019 12:00:00 AM7.6728-1.84398.87425.30827.6728-6.322013.10677.40050.47743.07839.369.310.830.531410Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14100.35000The portfolio objective for the BRC Moderate strategy is to generate growth and income across market cycles for investors with Long to Intermediate investment horizons and a moderate tolerance for risk. The strategies benchmark is the Morningstar Moderate benchmark. The portfolio is designed to provide exposure to a weighted blend of asset classes that has historically mitigated risk in periods of dislocation or volatility in the equity markets and delivering long term price appreciation. The fixed income portion of the strategy incorporates investments in instruments with staggered durations with the intention of reducing sensitivity to fluctuations in rates. This is complemented by broadly diversified exposure to the global equity markets and targeted weightings in sector or geographically focused instruments. The Portfolio Manager assigns risk based target weights to the underlying investments as a percentage of the overall portfolio value. Through systematic rebalancing and ongoing monitoring of the underlying assets, profits may be captured and redeployed in order to mitigate concentration risk.0.4539
ModelxChangeBox Financial Advisors, LLCAll Bond1/31/2019 12:00:00 AM0.70881.92451.49260.70881.09391.51531.60530.960.341697Intermediate-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16970.35000Seek a high level of income consistent with a portfolio of various fixed income securities. To invest in bond mutual funds and/or ETFs, designed to seek a high level of income. The portfolio will normally maintain the underlying assets in bond mutual funds and/or bond ETFs. Assets may be allocated in cash and/or short term cash equivalent mutual funds and/or ETFs. The mixture of investments represents various areas of the fixed income and debt securities markets, including investment-grade, high yield, international, and emerging market asset classes.0.4698
ModelxChangeBox Financial Advisors, LLCAll Cash1/31/2019 12:00:00 AM0.16641.61060.86870.16641.53500.75870.15020.18-1.651698Money Market-Taxablehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16980.00000Seek a high level of income consistent with preservation of capital and liquidity. To invest in U.S. denominated money market fund(s). 0.2000
ModelxChangeBox Financial Advisors, LLCAll Stock1/31/2019 12:00:00 AM8.6033-5.569511.12928.6033-9.853717.654612.569511.220.91705World Large Stockhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17050.45000Seek a high total return by allocating across various asset classes to generate capital appreciation. To invest in stock ETF’s, consisting of various asset classes for diversification. The fund can invest at least 5% of underlying assets in money market or other short-term cash equivalents. Up to 100% of assets may be allocated in stock mutual funds and/or ETF's.0.5928
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Aggressive1/31/2019 12:00:00 AM7.2975-4.53185.87687.2975-8.196413.31033.82008.630.571704Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17040.45000Seek a high total return by allocating across various asset classes to generate some income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 85% in stock and 15% bond assets.0.5905
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Balanced1/31/2019 12:00:00 AM4.6648-2.07004.14724.6648-4.71158.02873.47825.350.571700Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17000.40000Seek a high total return by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 50% in stock, 40% bond, and 10% in short-term or cash equivalents. 0.5345
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Conservative1/31/2019 12:00:00 AM2.6937-0.18502.6937-1.84845.05851699Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16990.35000Seek a high level of income and some capital appreciation for growth to offset inflation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 25% in stock, 50% bond, and 25% in short-term or cash equivalents.0.4832
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Growth1/31/2019 12:00:00 AM6.2404-3.62245.15346.2404-6.991311.15933.60207.320.571702Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17020.45000Seek a high total return by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 70% in stock and 30% bond assets. 0.5884
ModelxChangeBox Financial Advisors, LLCRisk Tolerance - Moderate1/31/2019 12:00:00 AM5.2126-2.99634.28995.2126-5.82568.40853.90906.140.531701Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17010.40000Seek a high total return by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification. The portfolio will normally maintain a neutral mix of 60% in stock, 35% bond, and 5% in short-term or cash equivalents. 0.5357
ModelxChangeBox Financial Advisors, LLCTarget Date 20201/31/2019 12:00:00 AM3.7347-1.35954.00423.7347-3.46046.71313.53284.310.661706Target Date 2015-2029https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17060.35000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.4830
ModelxChangeBox Financial Advisors, LLCTarget Date 20251/31/2019 12:00:00 AM6.2104-3.49045.17556.2104-6.719611.10373.58507.360.571707Target Date 2015-2029https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17070.40000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.5378
ModelxChangeBox Financial Advisors, LLCTarget Date 20301/31/2019 12:00:00 AM6.6226-3.97465.35616.6226-7.415511.60104.00467.780.561741Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17410.45000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETF’s, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, in which the fund will replicate the Risk Tolerance – Conservative model mix.0.5889
ModelxChangeBox Financial Advisors, LLCTarget Date 20351/31/2019 12:00:00 AM6.9349-4.32624.75266.9349-7.844510.32973.38468.110.471742Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17420.45000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.5895
ModelxChangeBox Financial Advisors, LLCTarget Date 20401/31/2019 12:00:00 AM7.5680-4.83147.5680-8.729912.83011743Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17430.45000Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.5905
ModelxChangeBox Financial Advisors, LLCTarget Date 20451/31/2019 12:00:00 AM7.7042-4.48206.20577.7042-8.387313.93033.832490.591744Target-Date 2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17440.04500Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.1856
ModelxChangeBox Financial Advisors, LLCTarget Date 2050+1/31/2019 12:00:00 AM7.7590-5.13746.19647.7590-9.027914.36304.24119.230.571745Target-Date 2055https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17450.04500Seek a high total return until the target retirement year is reached, by allocating across various asset classes to generate income and capital appreciation. To invest in stock, bond, and other ETFs, consisting of various asset classes for diversification in order to achieve proper growth given the relative time frame. The portfolio mix will change over time until after the retirement date, at which time the fund will replicate the Risk Tolerance – Conservative model mix.0.1859
ModelxChangeBrinker CapitalBrinker Capital Destinations ETFh Moderate1/31/2019 12:00:00 AM5.3109-3.57747.80675.41955.3109-5.870913.95977.3459-0.65446.05136.976.960.950.6932Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL320.35000The Brinker Capital Destinations ETFh Moderate 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. 0.01350.6274
ModelxChangeBrinker CapitalBrinker Capital Destinations Aggressive1/31/2019 12:00:00 AM8.5476-4.72389.69815.92538.5476-7.882816.31097.5131-0.41075.03849.959.720.870.5717Allocation--70% to 85% Equityhttps://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. 0.18490.12971.4098
ModelxChangeBrinker CapitalBrinker Capital Destinations Aggressive Equity1/31/2019 12:00:00 AM9.0774-5.851111.05117.12189.0774-8.851920.07487.29310.52816.559011.2411.180.890.6118Allocation--70% to 85% Equityhttps://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. 0.18760.15471.3949
ModelxChangeBrinker CapitalBrinker Capital Destinations Conservative1/31/2019 12:00:00 AM4.4906-1.02944.78143.08674.4906-3.45606.93705.1817-0.88743.87054.534.260.80.5712Allocation--30% to 50% Equityhttps://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.0.20300.06351.2300
ModelxChangeBrinker CapitalBrinker Capital Destinations Defensive1/31/2019 12:00:00 AM2.87651.16233.47952.8765-0.85163.80022.580.8927Allocation--30% to 50% Equityhttps://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. 0.18590.03561.2623
ModelxChangeBrinker CapitalBrinker Capital Destinations ETFh Aggressive1/31/2019 12:00:00 AM7.1931-4.853710.09696.79577.1931-7.715218.11769.0279-0.86326.86309.249.220.970.6834Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL340.35000The Brinker Capital Destinations ETFh Aggressive 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. 0.01060.6042
ModelxChangeBrinker CapitalBrinker Capital Destinations ETFh Aggressive Equity1/31/2019 12:00:00 AM8.3457-5.692011.23997.44168.3457-8.758019.76909.8951-0.89877.034910.8110.760.940.6635Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL350.35000The Brinker Capital Destinations ETFh Aggressive Equity 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. 0.00730.5576
ModelxChangeBrinker CapitalBrinker Capital Destinations ETFh Conservative1/31/2019 12:00:00 AM3.2145-1.07874.45643.45903.2145-3.23427.70394.8658-0.03934.84773.823.720.860.7430Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL300.35000The Brinker Capital Destinations ETFh Conservative 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. 0.01520.6331
ModelxChangeBrinker CapitalBrinker Capital Destinations ETFh Defensive1/31/2019 12:00:00 AM1.66510.62722.67612.52611.6651-1.16484.52293.06700.51714.69862.162.150.70.8429Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL290.35000The Brinker Capital Destinations ETFh Defensive 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.0.01460.6262
ModelxChangeBrinker CapitalBrinker Capital Destinations ETFh Moderately Aggressive1/31/2019 12:00:00 AM6.3475-3.95739.30516.37486.3475-6.571416.23088.6691-0.66556.61508.188.150.990.7133Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL330.35000The Brinker Capital Destinations ETFh Moderately Aggressive 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. 0.01180.6098
ModelxChangeBrinker CapitalBrinker Capital Destinations ETFh Moderately Conservative1/31/2019 12:00:00 AM3.9410-2.57035.57284.16463.9410-4.71939.87606.2508-0.12945.36514.914.810.90.7231Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL310.35000The Brinker Capital Destinations ETFh Moderately Conservative 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. 0.01470.6227
ModelxChangeBrinker CapitalBrinker Capital Destinations Moderate1/31/2019 12:00:00 AM7.0312-3.20747.76354.84377.0312-6.158112.41826.6847-0.60574.66537.847.550.850.579Allocation--50% to 70% Equityhttps://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. 0.19010.10431.3680
ModelxChangeBrinker CapitalBrinker Capital Destinations Moderately Aggressive1/31/2019 12:00:00 AM7.7948-4.05128.69275.39187.7948-7.117814.37437.0472-0.42914.94548.928.660.850.5714Allocation--70% to 85% Equityhttps://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. 0.18610.11711.3896
ModelxChangeBrinker CapitalBrinker Capital Destinations Moderately Conservative1/31/2019 12:00:00 AM5.8154-1.37915.87643.75175.8154-4.38178.70335.5879-0.74324.13145.725.420.830.5813Allocation--50% to 70% Equityhttps://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. 0.20300.07841.2818
ModelxChangeBrookstone Capital ManagementAlpha Seeker3049Volatilityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30490.75000The Kaizen AlphaSeeker Strategy seeks uncorrelated capital appreciation using a rules-based trading system on Exchange-Traded Products (ETPs) that track VIX futures, either long or short. The system varies exposure on a discretionary basis and uses no options or leverage.0.7500
ModelxChangeBrookstone Capital ManagementBCM Aggressive Strategist Model3154Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL31540.00000The Strategist Portfolios are inspired by different portfolio asset allocation mixes. The portfolios offer a simple, straightforward and well-researched portfolio strategy designed for the long-term. The portfolios are implemented with low-cost ETFs and are systematically re-balanced. The benefits of the portfolios are that they are conceptually sound, comprehensible and risk adjusted.0.1655
ModelxChangeBrookstone Capital ManagementBCM Conservative Strategist model3152Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL31520.00000The Strategist Portfolios are inspired by different portfolio asset allocation mixes. The portfolios offer a simple, straightforward and well-researched portfolio strategy designed for the long-term. The portfolios are implemented with low-cost ETFs and are systematically re-balanced. The benefits of the portfolios are that they are conceptually sound, comprehensible and risk adjusted.0.1305
ModelxChangeBrookstone Capital ManagementBCM Moderate Strategist Model3153Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL31530.00000The Strategist Portfolios are inspired by different portfolio asset allocation mixes. The portfolios offer a simple. straightforward and well-researched portfolio strategy designed for the long-term. The portfolios are implemented with low-cost ETFs and are systematically re-balanced. The benefits of the portfolios are that they are conceptually sound, comprehensible and risk adjusted.0.2069
ModelxChangeBrookstone Capital ManagementBCM Smart Beta Aggressive3561Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35610.00000Smart Beta models offer an innovative minimum volatility approach to both stock and bond investing relative to traditional market indexes.0.2004
ModelxChangeBrookstone Capital ManagementBCM Smart Beta Conservative3557Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35570.00000Smart Beta models offer an innovative minimum volatility approach to both stock and bond investing relative to traditional market indexes.0.1254
ModelxChangeBrookstone Capital ManagementBCM Smart Beta Moderate3559Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35590.00000Smart Beta models offer an innovative minimum volatility approach to both stock and bond investing relative to traditional market indexes.0.1634
ModelxChangeBrookstone Capital ManagementBCM Smart Beta Moderately Aggressive3560Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35600.00000Smart Beta models offer an innovative minimum volatility approach to both stock and bond investing relative to traditional market indexes.0.0000
ModelxChangeBrookstone Capital ManagementBCM Smart Beta Moderately Conservative3558Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35580.00000Smart Beta models offer an innovative minimum volatility approach to both stock and bond investing relative to traditional market indexes.0.1444
ModelxChangeBrookstone Capital ManagementBCM STAR Aggressive3566Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35660.00000STAR models are both passive and active blended portfolios that provide diversified exposure to the strengths of both approaches.0.02800.3098
ModelxChangeBrookstone Capital ManagementBCM STAR Conservative3563Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35630.00000STAR models are both passive and active blended portfolios that provide diversified exposure to the strengths of both approaches.0.02500.05500.3814
ModelxChangeBrookstone Capital ManagementBCM STAR Moderate3564Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35640.00000STAR models are both passive and active blended portfolios that provide diversified exposure to the strengths of both approaches.0.01000.04200.3436
ModelxChangeBrookstone Capital ManagementBCM STAR Moderately Aggressive3565Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35650.00000STAR models are both passive and active blended portfolios that provide diversified exposure to the strengths of both approaches.0.01000.04200.3395
ModelxChangeBrookstone Capital ManagementBCM STAR Moderately Conservative3562Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35620.00000STAR models are both passive and active blended portfolios that provide diversified exposure to the strengths of both approaches.0.02000.04600.3740
ModelxChangeCAAS, LLCWealthMark II Aggressive1/31/2019 12:00:00 AM7.9622-10.18447.9622-12.982718.39342419Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24190.25000A diversified portfolio of Mutual Funds and ETFs representing multiple asset classes for an aggressive investor. 0.05260.9840
ModelxChangeCAAS, LLCWealthMark Moderate1/31/2019 12:00:00 AM5.5887-6.54715.5887-9.07532376Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL23760.25000A diversified portfolio of Mutual Funds and ETFs representing multiple asset classes for a moderate investor.0.05770.9991
ModelxChangeCAAS, LLCWealthMark Principal Preservation1/31/2019 12:00:00 AM1.80681.18562.73572.62151.80685.14641.53091.17654.66422187Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21870.00000The fund seeks to preserve principal while seeking to provide some income and minimal growth. The fund seeks to meet its objective by using a strategic investment approach made up of a diversified allocation of investments designed to meet a conservative income risk profile. The fund allocation will primarily include but is not limited to mutual funds, exchange traded funds and guaranteed insurance/investment contracts. The fund may use inverse funds to add non-correlated asset classes in small percentages for risk mitigation to preserve principal in adverse market conditions.0.01250.4385
ModelxChangeCabana LLC d/b/a Cabana Asset ManagementAggressive Core Tactical1/31/2019 12:00:00 AM11.574911.57493491Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34910.35000The objective of the Aggressive Portfolio is to achieve a limited volatility range ("drawdown" or the maximum amount an investment can be expected to fall during a specific period) of twenty percent (20%) from peak to trough. The portfolio is significantly weighted toward higher beta growth assets throughout the economic cycle. However, inversely and non-correlated assets may be allocated as a hedge against the most severe market conditions. The portfolio is based on the notion that over time investments in growth assets, such as equities, will likely outperform other asset classes. This portfolio is designed to accommodate this maxim, while striving to protect against catastrophic losses. All Cabana Portfolios are considered core all asset tactical and provide a viable option for most long-term investors. Find more information about Cabanas portfolios at www.cabanaportfolio.com. 0.7100
ModelxChangeCabana LLC d/b/a Cabana Asset ManagementAlpha Income Core Tactical1/31/2019 12:00:00 AM3492Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34920.35000The objective of the Alpha Income Portfolio is to achieve a limited volatility range ("drawdown" or the maximum amount an investment can be expected to fall during a specific period) of five percent (5%) from peak to trough. This portfolio seeks to leverage the intrinsic value found in income-producing mutual funds (3-5 star rated by Morningstar) with Cabanas proprietary algorithm. By merging the experience of money managers with the efficiencies of our allocation software, the portfolio is designed to provide investors access to a regular stream of income, along with the confidence that comes with diversification, liquidity and a tested model. All Cabana Portfolios are considered core all asset tactical and provide a viable option for most long-term investors. Find more information about Cabanas portfolios at www.cabanaportfolio.com. 0.04900.07750.7650
ModelxChangeCabana LLC d/b/a Cabana Asset ManagementBalanced Core Tactical1/31/2019 12:00:00 AM7.27027.27023489Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34890.35000The objective of the Balanced Portfolio is to achieve a limited volatility range ("drawdown" or the maximum amount an investment can be expected to fall during a specific period) of thirteen percent (13%) from peak to trough. The portfolio is comprised of various assets, based on each phase of the economic cycle. Allocation allows for potential capital appreciation of growth assets during times of favorable conditions, while maintaining relative stability through exposure to inversely or non-correlated assets during periods of less favorable market conditions. All Cabana Portfolios are considered core all asset tactical and provide a viable option for most long-term investors. Find more information about Cabanas portfolios at www.cabanaportfolio.com. 0.7370
ModelxChangeCabana LLC d/b/a Cabana Asset ManagementCabana Conservative Core Tactical1/31/2019 12:00:00 AM5.08195.08193482Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34820.35000The objective of the Conservative Portfolio is to achieve a limited volatility range ("drawdown" or the maximum amount an investment can be expected to fall during a specific period) of seven percent (7%) from peak to trough. The asset allocation is inherently weighted toward low beta asset classes, such as corporate grade bonds, treasuries,and dividend-paying equities. This portfolio seeks to emphasize stability throughout the economic cycle, protection of capital, as well as accumulation of bond interest and equity dividends. All Cabana Portfolios are considered core all asset tactical and provide a viable option for most long-term investors. Find more information about Cabanas portfolios at www.cabanaportfolio.com/portfolios 0.6450
ModelxChangeCabana LLC d/b/a Cabana Asset ManagementGrowth Core Tactical1/31/2019 12:00:00 AM9.17659.17653487Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34870.35000The objective of the Growth Portfolio is to achieve a limited volatility range ("drawdown" or the maximum amount an investment can be expected to fall during a specific period) of sixteen percent (16%) from peak to trough. The portfolio is weighted toward higher beta growth assets during all but the most unfavorable of market conditions. It is designed to capture appreciation in growth assets, such as small cap equities, emerging markets, and commodities during periods of economic expansion, while remaining resistant to severe market downturn. All Cabana Portfolios are considered core all asset tactical and provide a viable option for most long-term investors. Find more information about Cabanas portfolios at www.cabanaportfolio.com/portfolios.0.7100
ModelxChangeCabana LLC d/b/a Cabana Asset ManagementModerate Core Tactical1/31/2019 12:00:00 AM5.95925.95923490Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34900.35000The objective of the Moderate Portfolio is to achieve limited volatility range ("drawdown" or the maximum amount an investment can be expected to fall during a specific period) of ten percent (10%) from peak to trough. The asset allocation is primarily distributed among major asset classes with a sensitivity to market downturn. This portfolio may contain inversely and non-correlated assets throughout the economic cycle, and in each corresponding tactical allocation. Additional stability is sought through the accumulation of bond interest and equity dividends. The Moderate Portfolio is the original of Cabanas portfolios. All Cabana Portfolios are considered core all asset tactial and provide a viable option for most long-term investors. Find more information about Cabanas portfolios at www.cabanaportfolio.com.0.7210
ModelxChangeCanterbury Investment ManagementCanterbury Portfolio Thermostat1/31/2019 12:00:00 AM4.9400-7.04325.26184.04754.9400-7.273513.96436.4759-5.13445.25668.347.980.520.452833Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL28330.50000The objective of the Portfolio Thermostat is twofold: The strategy is built to stabilize and protect the portfolio during high risk and irrational periods for the broader stock markets. The strategy is also built to participate in stock market returns during low risk and efficiently traded periods. The Portfolio Thermostat is a tactical asset allocation portfolio utilizing exchange traded funds (ETFs). The Portfolio Thermostat attempts to create the most efficient portfolio for the current market environment. In low risk environments for stocks the Portfolio Thermostat will "warm" up the portfolio and increase the allocation to stock ETFs. In a high risk and irrational environment for stocks the portfolio will "cool" down its allocation to stock ETFs and increase the allocation to alternative asset classes that are experiencing a low amount of risk but with the potential for upside performance. The portfolio is monitored on a daily basis because markets have the ability to change on a daily basis. 0.8792
ModelxChangeCapital Insight Partners, LLCBalanced1/31/2019 12:00:00 AM5.9350-1.75588.52265.9350-5.124714.10938.3127-3.73887.061.031115Allocation--50% to 70% Equityhttps://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.0.4938
ModelxChangeCapital Insight Partners, LLCEquity1/31/2019 12:00:00 AM7.78897.78893581Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35810.40000This portfolio is majority invested in global stocks. While other assets classes are incorporated, the allocation will be focused on stocks. It is appropriate for those with a higher tolerance for risk. This portfolio generally invests the majority of its assets in global stocks. It seeks growth through capital appreciation.0.4809
ModelxChangeCapital Insight Partners, LLCEquity Emphasis1/31/2019 12:00:00 AM6.5141-2.88939.48665.12216.5141-6.355315.78699.2385-4.53213.49698.168.761.010.531117Allocation--50% to 70% Equityhttps://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 an above average tolerance to risk. This portfolio generally invests the majority of its assets in global stocks. It seeks growth through capital appreciation. 0.4895
ModelxChangeCapital Insight Partners, LLCFixed Income1/31/2019 12:00:00 AM2.78352.78353582World Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35820.40000This portfolio is majority invested in global bonds and alternative assets. While other assets classes are incorporated, the allocation to bonds and alternative assests will generally be the highest. It is appropriate for those with a low tolerance for risk. This portfolio generally invests the majority of its assets in global bonds and alternative assets. It seeks less variance and income generation rather than capital appreciation.0.5153
ModelxChangeCapital Insight Partners, LLCFixed Income Emphasis1/31/2019 12:00:00 AM3.98650.27265.12323.9865-3.27249.06004.6081-2.38445.080.781116Allocation--30% to 50% Equityhttps://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.0.5067
ModelxChangeCapital Management Services, Inc.All Terrain Growth Model 2.0 Hybrid1/31/2019 12:00:00 AM7.9126-11.82767.9126-15.23286.97542576Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25760.5000050% -- Harmony Model • Positive uses Buy/Replace • Neutral uses Multi-Sector Bond • Negative uses Long/Short 50% -- Max STAR (0% Min / 100% Max) • non-equity position is the aggregate bond index or cash0.6280
ModelxChangeCapital Management Services, Inc.All Terrain Growth Model 2.0 Launch2375Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL23750.50000The All Terrain Growth Model 2.0 Launch utilizes a blend of the updated Harmony Model from The Sherman Sheet. It utilizes the SPY when Harmony is positive. Agg when Harmony is in Neutral mode, and a combo of 50% cash and 50% short when the Harmony model is in negative mode.1.1750
ModelxChangeCapital Management Services, Inc.CMS Aggressive Blend1/31/2019 12:00:00 AM5.0245-14.85822.20512.73575.0245-14.64136.842113.4543-4.46826.067111.9110.840.150.241113Allocation--70% to 85% Equityhttps://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. 0.6274
ModelxChangeCapital Management Services, Inc.CMS Bull/Bear1/31/2019 12:00:00 AM9.0074-7.76527.50665.34439.0074-12.029316.31923.6745-1.588910.211212.1911.910.560.441108Allocation--50% to 70% Equityhttps://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.0.6390
ModelxChangeCapital Management Services, Inc.CMS Bull/Calendar1/31/2019 12:00:00 AM6.5188-8.76385.20573.50066.5188-10.916514.07130.4264-4.464810.350911.3911.130.40.31109Allocation--50% to 70% Equityhttps://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.0.6390
ModelxChangeCapital Management Services, Inc.CMS Calendar Effects1/31/2019 12:00:00 AM2.2436-1.12622.04062.37712.2436-1.76374.49101.51652.76131.34817.417.390.150.26718Allocation--30% to 50% Equityhttps://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).0.6304
ModelxChangeCapital Management Services, Inc.CMS Conservative Blend1/31/2019 12:00:00 AM3.8758-3.60974.41163.06743.8758-5.19359.27973.2069-3.57397.85865.895.560.570.441111Allocation--30% to 50% Equityhttps://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. 0.6245
ModelxChangeCapital Management Services, Inc.CMS Conservative/Moderate Blend1/31/2019 12:00:00 AM2.4030-5.70222.70342.19872.4030-5.16433.61958.0662-3.50875.07876.535.770.260.281043Allocation--50% to 70% Equityhttps://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.0.6193
ModelxChangeCapital Management Services, Inc.CMS Harmony Aggressive1/31/2019 12:00:00 AM4088Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40880.50000The Harmony model uses a highly-accurate identification of the current Market Condition (Positive, Neutral, Negative). Pre-selected Sherman Sheet model choices are automatically applied to each Market Condition for each of four client profile types: Conservative, Moderate, Aggressive and Aggressive+.The Market Condition is determined by the number of Sherman timeframe indicators that are positive. The three timeframe indicators are the Shermanator (shorter-term), the Quarterly Trend Indicator (intermediate-term), and the Bull/Bear indicator (longer-term). When all 3 are positive, the Market Condition is Positive, when all 3 are negative, the Market Condition is Negative, and when0.5000
ModelxChangeCapital Management Services, Inc.CMS Harmony Aggressive Plus1/31/2019 12:00:00 AM4089Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40890.50000The Harmony model uses a highly-accurate identification of the current Market Condition (Positive, Neutral, Negative). Pre-selected Sherman Sheet model choices are automatically applied to each Market Condition for each of four client profile types: Conservative, Moderate, Aggressive and Aggressive+.The Market Condition is determined by the number of Sherman timeframe indicators that are positive. The three timeframe indicators are the Shermanator (shorter-term), the Quarterly Trend Indicator (intermediate-term), and the Bull/Bear indicator (longer-term). When all 3 are positive, the Market Condition is Positive, when all 3 are negative, the Market Condition is Negative, and when0.5000
ModelxChangeCapital Management Services, Inc.CMS Harmony Conservative1/31/2019 12:00:00 AM4086Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40860.50000The Harmony model uses a highly-accurate identification of the current Market Condition (Positive, Neutral, Negative). Pre-selected Sherman Sheet model choices are automatically applied to each Market Condition for each of four client profile types: Conservative, Moderate, Aggressive and Aggressive+.The Market Condition is determined by the number of Sherman timeframe indicators that are positive. The three timeframe indicators are the Shermanator (shorter-term), the Quarterly Trend Indicator (intermediate-term), and the Bull/Bear indicator (longer-term). When all 3 are positive, the Market Condition is Positive, when all 3 are negative, the Market Condition is Negative, and when0.6038
ModelxChangeCapital Management Services, Inc.CMS Harmony Moderate1/31/2019 12:00:00 AM4087Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40870.50000The Harmony model uses a highly-accurate identification of the current Market Condition (Positive, Neutral, Negative). Pre-selected Sherman Sheet model choices are automatically applied to each Market Condition for each of four client profile types: Conservative, Moderate, Aggressive and Aggressive+.The Market Condition is determined by the number of Sherman timeframe indicators that are positive. The three timeframe indicators are the Shermanator (shorter-term), the Quarterly Trend Indicator (intermediate-term), and the Bull/Bear indicator (longer-term). When all 3 are positive, the Market Condition is Positive, when all 3 are negative, the Market Condition is Negative, and when0.6304
ModelxChangeCapital Management Services, Inc.CMS Harmony Quartet1/31/2019 12:00:00 AM4090Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40900.50000The Harmony model uses a highly-accurate identification of the current Market Condition (Positive, Neutral, Negative). Pre-selected Sherman Sheet model choices are automatically applied to each Market Condition for each of four client profile types: Conservative, Moderate, Aggressive and Aggressive+.The Market Condition is determined by the number of Sherman timeframe indicators that are positive. The three timeframe indicators are the Shermanator (shorter-term), the Quarterly Trend Indicator (intermediate-term), and the Bull/Bear indicator (longer-term). When all 3 are positive, the Market Condition is Positive, when all 3 are negative, the Market Condition is Negative, and when0.5260
ModelxChangeCapital Management Services, Inc.CMS Leveraged Sector Rotation1/31/2019 12:00:00 AM-2.3608-27.1146-5.5286-1.4417-2.3608-19.5992-2.932410.8800-10.651915.746716.6314.99-0.33-0.071275Miscellaneous 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.0.6038
ModelxChangeCapital Management Services, Inc.CMS Long/Cash1/31/2019 12:00:00 AM8.5655-8.89873.23103.56638.5655-12.75681.498116.90410.77101.758711.7910.610.230.32969Allocation--70% to 85% Equityhttps://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.0.6390
ModelxChangeCapital Management Services, Inc.CMS Long/Short1/31/2019 12:00:00 AM8.5655-11.0744-2.2625-0.61238.5655-14.8403-9.532122.6910-0.0708-8.170712.9213.49-0.2-0.031103Long-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. 0.6390
ModelxChangeCapital Management Services, Inc.CMS LongSector/Short1/31/2019 12:00:00 AM-1.9372-15.8729-8.5512-4.8683-1.9372-9.8693-9.38672.2801-3.6637-4.085010.7812.38-0.88-0.41775Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL17750.50000The objective of the LongSector/Short Model is to achieve above-average returns by investing in high-performing US Sector ETFs during intermediate-term (weeks to months) uptrends in the US market, and by investing in an inverse S&P500 ETF during intermediate-term declines. The LongSector/Short Model exits all equity positions and invests 100% in an inverse S&P 500 ETF 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 LongSector/Short Model uses US Sector positions. Selections are made from low-cost ETFs, and are based on momentum, relative strength and other performance measurements. Monthly reallocations are performed when the LongSector/Short Model is Long the market.0.6038
ModelxChangeCapital Management Services, Inc.CMS Moderate/Aggressive Blend1/31/2019 12:00:00 AM2.0748-5.89622.14232.00972.0748-5.07453.61568.4911-3.65524.23096.436.010.180.241112Allocation--70% to 85% Equityhttps://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. 0.6193
ModelxChangeCapital Management Services, Inc.CMS Moderate/Aggressive Blend - All Equity1/31/2019 12:00:00 AM4.5513-7.88143.51553.31794.5513-8.61505.978111.1514-2.92234.69628.838.030.30.361287Allocation--70% to 85% Equityhttps://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. 0.6281
ModelxChangeCapital Management Services, Inc.CMS Multi-Sector Bond1/31/2019 12:00:00 AM0.2936-3.31783.47053.14160.2936-3.01195.63608.1570-1.77997.01024.034.050.580.61968Multisector 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.0.6038
ModelxChangeCapital Management Services, Inc.CMS Risk-Managed Gold or Bull/Calendar Model1/31/2019 12:00:00 AM8.3297-19.93238.3297-23.92334.91842374Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL23740.50000The Risk-Managed Gold Model is a longer-term low-activity Model whose goal is to identify and invest in longer-term uptrends in Gold, while managing the risk of investing in this highly volatile commodity by identifying and avoiding its longer-term downtrends. Trends are identified by the proprietary Gold Trend Strength Indicator. When gold is in a downtrend, funds are invested productively in the CMS Bull/Calendar model. When the Risk-Managed Gold Model's Trend Strength Indicator is positive (above zero), 100% of funds are invested in shares of GLD, the leading gold-holding ETF. When the Gold Trend Strength Indicator is negative (below zero), 100% of funds are invested in the Bull/Calendar Model (an all-equity model).0.6390
ModelxChangeCapital Management Services, Inc.CMS Risk-Managed High Equity1/31/2019 12:00:00 AM1.7644-14.91024.67354.03081.7644-13.502714.684313.5277-6.06919.665710.299.40.380.39715Allocation--85%+ Equityhttps://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 each year since 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.0.5589
ModelxChangeCapital Management Services, Inc.CMS Risk-Managed Low Equity1/31/2019 12:00:00 AM1.7644-4.09892.49192.14241.7644-5.42106.46155.4594-2.98924.93193.853.790.360.39717Allocation--30% to 50% Equityhttps://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 annually since 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.0.5589
ModelxChangeCapital Management Services, Inc.CMS Risk-Managed Medium Equity1/31/2019 12:00:00 AM1.7644-9.37103.90003.23201.7644-9.252910.565010.0772-4.79087.32176.736.270.430.42716Allocation--50% to 70% Equityhttps://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 each year since 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.0.5589
ModelxChangeCapital Management Services, Inc.CMS Sector Rotation1/31/2019 12:00:00 AM-1.4072-15.95852.96054.2336-1.4072-10.185112.56389.8110-4.029914.333210.699.910.220.4967Miscellaneous 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.0.6038
ModelxChangeCapital Management Services, Inc.CMS STAR Min/Max 0/1001/31/2019 12:00:00 AM-0.2678-19.20052.28232.5067-0.2678-16.058614.861112.3976-8.233010.316210.8910.10.160.232252Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL22520.50000The objective of the STAR Min/Max 0/100 Model is to provide a 100% exposure to the equity markets when the model's risk management indicators favor equities, and seeks to manage risk by exiting equity positions altogether when the model's risk-management indicators sense the risk of a severe market declines This Model may be suitable for investors with an aggressive risk profile and/or a longer-term investing horizon. The STAR Min/Max 0/100 Model employs a full 100% Equity exposure during favorable, lower-risk market conditions, and a 0% Equity/100% Fixed Income exposure during unfavorable, higher-risk market conditions. Favorable or unfavorable conditions are determined quarterly using proprietary market supply and demand measurements and trend analysis. 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. 0.5500
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. 0.04901.4926
ModelxChangeClark Capital Management GroupNavigator Fixed Income Total Return1/31/2019 12:00:00 AM1.21690.37646.47623.35071.2169-0.87075.318616.7828-2.5236-1.49643.44.361.530.61101High 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. 0.02101.2826
ModelxChangeClark Capital Management GroupNavigator Global Balanced 20-80 Hedged1/31/2019 12:00:00 AM1.6107-1.75256.09613.48801.6107-2.56976.417514.5374-3.01691.40793.714.251.310.66106Allocation--30% to 50% Equityhttps://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.0.01681.4056
ModelxChangeClark Capital Management GroupNavigator Global Balanced 40-60 Hedged1/31/2019 12:00:00 AM2.1669-4.07615.70732.79182.1669-4.63487.882712.2144-4.32061.03304.554.760.990.45105Allocation--50% to 70% Equityhttps://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.0.01261.5286
ModelxChangeClark Capital Management GroupNavigator Global Balanced 60-40 Hedged1/31/2019 12:00:00 AM2.7572-5.92325.62705.66622.7572-6.29209.80459.971610.75801.07225.68.710.80.59104Allocation--50% to 70% Equityhttps://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.0.00841.6515
ModelxChangeClark Capital Management GroupNavigator Global Balanced 80-20 Hedged1/31/2019 12:00:00 AM3.3190-8.49014.56031.78743.3190-8.65129.76037.5162-4.67460.53706.846.660.520.19103Allocation--70% to 85% Equityhttps://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.1.7745
ModelxChangeClark Capital Management GroupNavigator Global Equity ETF28World Large 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.0.6253
ModelxChangeClark Capital Management GroupNavigator Global Opportunity102Allocation--50% to 70% Equityhttps://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.0.8710
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Aggressive (85-100)45Allocation--70% to 85% Equityhttps://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.0.40001.5716
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Conservative (30-44)61Allocation--30% to 50% Equityhttps://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.0.31601.2821
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderate (60-74)59Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL590.00000CLS’s proprietary funds generally use ETFs for a large part of their allocation, but also invest in individual securities. Multiple CLS-managed proprietary funds are used to build the AdvisorOne portfolios. This strategy uses risk budgeting and targets a risk level similar to a 70 percent allocation to a diversified equity benchmark. Moderate Model (suggested score range: 60-74; suggested age range: 39-50) The Moderate allocation pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept moderate short-term price fluctuations in exchange for potentially higher returns over time.0.37151.4640
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderately Aggressive (75-84)58Allocation--70% to 85% Equityhttps://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.0.38801.5193
ModelxChangeCLS Investments, LLCCLS AdvisorOne Investment Strategy - Moderately Conservative (45-59)60Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL600.00000CLS’s proprietary funds generally use ETFs for a large part of their allocation, but also invest in individual securities. Multiple CLS-managed proprietary funds are used to build the AdvisorOne portfolios. This strategy uses risk budgeting and targets a risk level similar to a 60 percent allocation to a diversified equity benchmark. Moderately Conservative Model (suggested score range: 45-59; suggested age range: 51-64) The Moderately Conservative allocation pursues its objective by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - primarily seek income from their investment; - have a shorter investment time horizon; and - are willing to accept some short-term price fluctuations in exchange for potentially higher income and growth.0.34901.3923
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Conservative (45-54)64Allocation--30% to 50% Equityhttps://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.0.33401.4912
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Moderate (65-75)62Allocation--50% to 70% Equityhttps://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.0.37001.5974
ModelxChangeCLS Investments, LLCCLS AdvisorOne Protection Investment Strategy - Moderately Conservative (55-64)63Allocation--30% to 50% Equityhttps://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 some0.35651.5528
ModelxChangeCLS Investments, LLCCLS ETF Strategy Aggressive 100 (95-100)68Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL680.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 100% allocation to a globally 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.0.6253
ModelxChangeCLS Investments, LLCCLS ETF Strategy Aggressive 90 (85-94)69Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL690.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 90% allocation to a globally 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.0.6551
ModelxChangeCLS Investments, LLCCLS ETF Strategy Conservative 30 (30-34)75Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL750.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 20% allocation to a globally 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.0.7222
ModelxChangeCLS Investments, LLCCLS ETF Strategy Moderate Growth 60 (55-64)72Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL720.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 55% allocation to a globally diversified equity benchmark. ETF Portfolio Moderate Growth 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.0.7042
ModelxChangeCLS Investments, LLCCLS ETF Strategy Moderate Growth 70 (65-74)71Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL710.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 65% allocation to a globally 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.0.6796
ModelxChangeCLS Investments, LLCCLS ETF Strategy Moderately Aggressive 80 (75-84)70Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL700.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 75% allocation to a globally 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.0.6668
ModelxChangeCLS Investments, LLCCLS ETF Strategy Moderately Conservative 40 (35-44)74Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL740.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 30% allocation to a globally 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.0.7182
ModelxChangeCLS Investments, LLCCLS ETF Strategy Moderately Conservative 50 (45-54)73Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL730.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 40% allocation to a globally diversified equity benchmark. ETF Portfolio Moderately Conservative 50 (Suggested score range: 54-45) The Moderately Conservative 50 allocation approximates 50% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - primarily seek income from their investment; and - are willing to accept some short-term price fluctuations in exchange for potentially higher income and growth.0.7049
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20151/31/2019 12:00:00 AM4.9439-3.84286.08794.9439-5.587410.66356.2429-2.97245.70.861672Target-Date 2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16720.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 55% allocation to a globally diversified equity benchmark. The Target Date 2015 approximates 55% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking income and, secondarily, long-term growth of capital. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - primarily seek income from their investment; and - are willing to accept some short-term price fluctuations in exchange for potentially higher income and growth. 0.7084
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20201/31/2019 12:00:00 AM5.7115-4.82916.79455.7115-6.730012.72966.2448-2.97156.710.841671Target-Date 2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16710.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 65% allocation to a globally diversified equity benchmark. The Target Date 2020 approximates 65% of the risk of a diversified equity portfolio and pursues its objective by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - have a relatively short investment time horizon; and - seek both growth and income from their investment. 0.6982
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20251/31/2019 12:00:00 AM6.2900-5.93377.86266.2900-7.854115.22557.0320-3.77507.670.881670Target-Date 2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16700.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 75% allocation to a globally diversified equity benchmark. The Target Date 2025 approximates 75% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept substantive short-term price fluctuations in exchange for potentially higher returns over time. 0.6703
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20301/31/2019 12:00:00 AM6.7041-6.27448.37516.7041-8.219216.06967.4095-4.13368.170.891669Target-Date 2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16690.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 80% allocation to a globally diversified equity benchmark. The Target Date 2030 approximates 80% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept substantive short-term price fluctuations in exchange for potentially higher returns over time. 0.6668
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20351/31/2019 12:00:00 AM7.0555-6.82388.77287.0555-8.778117.36997.6733-4.92728.650.881668Target-Date 2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16680.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 85% allocation to a globally diversified equity benchmark. The Target Date 2035 approximates 85% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking both growth of capital, as well as income. This allocation may be appropriate for investors who: - have a lower tolerance for risk than more aggressive investors; - seek both growth and income from their investment; and - are willing to accept substantive short-term price fluctuations in exchange for potentially higher returns over time. 0.6649
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20401/31/2019 12:00:00 AM7.4290-7.30269.24927.4290-9.156818.50897.6543-5.34629.220.881667Target-Date 2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16670.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 90% allocation to a globally diversified equity benchmark. The Target Date 2040 allocation approximates 90% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses. 0.6551
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20451/31/2019 12:00:00 AM7.6067-8.31959.11567.6067-10.174118.88207.8533-5.28949.440.851666Target-Date 2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16660.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 92% allocation to a globally diversified equity benchmark. The Target Date 2045 allocation approximates 92% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses. 0.6562
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20501/31/2019 12:00:00 AM7.6591-7.60339.38047.6591-9.499218.75217.8028-5.42279.530.871665Target-Date 2050https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16650.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 93% allocation to a globally diversified equity benchmark. The Target Date 2050 allocation approximates 93% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even long-term losses. 0.6570
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20551/31/2019 12:00:00 AM7.7549-7.75019.66397.7549-9.492219.39707.8729-5.43639.690.881664Target-Date 2055https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16640.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 95% allocation to a globally diversified equity benchmark. The Target Date 2055 allocation approximates 95% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with significant investment risk; - have a long investment time horizon; - seek additional diversification; and - seek to maximize long-term returns while accepting the possibility of short-term or even 0.6598
ModelxChangeCLS Investments, LLCCLS ETF Target Date 20601/31/2019 12:00:00 AM8.1425-8.161110.24018.1425-9.861721.38517.5097-5.602910.280.891663Target-Date 2055https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL16630.25000CLS Investments (CLS) uses ETFs in an active manner and targets a risk level similar to a 100% allocation to a globally diversified equity benchmark. The Target Date 2060 allocation approximates 100% of the risk of a diversified equity portfolio and pursues its objective primarily by seeking growth of capital. This allocation may be appropriate for investors who: - are comfortable with substantial investment risk; - have a long investment time horizon; and - seek to maximize long-term returns while accepting the possibility of significant short-term or even long-term losses. 0.6253
ModelxChangeDorsey, Wright & AssociatesDWA Tactical Tilt Aggressive2244Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL22440.30000• Wealth preservation in high risk market environments through overweighting of defensive asset classes. • Wealth accumulation during positive performance trends for an asset class, overweighting offensive options. • Sector rotation within each major asset class exploits leadership trends and mitigates laggard exposure. • Long-term investment returns in excess of strategic asset allocation programs, through timely tactical “tilts” between offense and defense over time. Asset class weightings are applied through sector rotation strategies for each investment category, resulting in portfolios of approximately 15-25 ETFs. The investment range for each strategy is shown below. US Sector and Style - 10% to 80% Intl. Country Rotation - 10% to 30% Tactical Fixed Income - 10% to 40% Tactical Alternative - 0% to 40% Tactical Cash - 1% to 30% 0.8356
ModelxChangeDorsey, Wright & AssociatesDWA Tactical Tilt Conservative2243Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL22430.30000• Wealth preservation in high risk market environments through overweighting of defensive asset classes. • Wealth accumulation during positive performance trends for an asset class, overweighting offensive options. • Sector rotation within each major asset class exploits leadership trends and mitigates laggard exposure. • Long-term investment returns in excess of strategic asset allocation programs, through timely tactical “tilts” between offense and defense over time. Asset class weightings are applied through sector rotation strategies for each investment category, resulting in portfolios of approximately 15-25 ETFs. The investment range for each strategy is shown below. US Sector and Style - 0% to 40% Intl. Country Rotation - 0% to 20% Tactical Fixed Income - 40% to 80% Tactical Alternative - 0% to 20% Tactical Cash - 1% to 50% 0.8009
ModelxChangeDorsey, Wright & AssociatesDWA Tactical Tilt Moderate1196Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11960.30000• Wealth preservation in high risk market environments through overweighting of defensive asset classes. • Wealth accumulation during positive performance trends for an asset class, overweighting offensive options. • Sector rotation within each major asset class exploits leadership trends and mitigates laggard exposure. • Long-term investment returns in excess of strategic asset allocation programs, through timely tactical “tilts” between offense and defense over time. Asset class weightings are applied through sector rotation strategies for each investment category, resulting in portfolios of approximately 15-25 ETFs. The investment range for each strategy is shown below: US Sector and Style - 20% to 75% Intl. Country Rotation - 5% to 25% Tactical Fixed Income - 20% to 60% Tactical Alternative - 0% to 20% Tactical Cash - 1% to 33%0.8029
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors11-19 Year Aggressive1/31/2019 12:00:00 AM6.6700-7.62837.34483.96176.6700-10.416712.69669.3319-3.24583.68908.929.010.710.4203Allocation--70% to 85% Equityhttps://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) 0.5752
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors11-19 Year Conservative1/31/2019 12:00:00 AM6.1600-6.98636.90453.53286.1600-9.535911.59069.0883-3.09682.78858.248.150.710.38201Allocation--50% to 70% Equityhttps://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)0.5797
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors11-19 Year Moderate1/31/2019 12:00:00 AM6.3100-7.34677.11763.71826.3100-9.935111.88719.5522-3.47703.31448.558.580.710.38202Allocation--50% to 70% Equityhttps://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) 0.5771
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors2-5 Year Aggressive1/31/2019 12:00:00 AM3.6200-3.17584.69672.18883.6200-5.11015.73896.8749-3.41411.79324.865.670.730.28197Allocation--50% to 70% Equityhttps://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)0.6022
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors2-5 Year Conservative1/31/2019 12:00:00 AM3.3900-3.03694.23651.91583.3900-4.96895.23846.7400-2.71170.93034.424.880.70.27195Allocation--30% to 50% Equityhttps://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)0.6041
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors2-5 Year Moderate1/31/2019 12:00:00 AM3.5400-3.05464.76472.36963.5400-5.01155.65687.3041-2.72851.73834.745.480.760.32196Allocation--50% to 70% Equityhttps://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)0.6026
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors20+ Year Aggressive1/31/2019 12:00:00 AM7.2500-8.66977.88674.57957.2500-11.496914.34159.8943-3.19754.85419.739.890.710.43206Allocation--70% to 85% Equityhttps://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)0.5693
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors20+ Year Conservative1/31/2019 12:00:00 AM6.6100-7.95857.70594.38396.6100-10.514013.46439.7239-3.21704.89199.149.280.730.43204Allocation--70% to 85% Equityhttps://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) 0.5734
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors20+ Year Moderate1/31/2019 12:00:00 AM6.9100-8.32777.77814.47476.9100-10.994513.79649.8950-3.37445.02179.399.60.720.43205Allocation--70% to 85% Equityhttps://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)0.5720
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors6-10 Year Aggressive1/31/2019 12:00:00 AM5.0800-5.16366.11633.19865.0800-7.51018.95778.2791-3.22483.25696.827.190.740.37200Allocation--50% to 70% Equityhttps://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) 0.5887
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors6-10 Year Conservative1/31/2019 12:00:00 AM4.7500-4.97795.73503.06984.7500-7.19138.62148.1650-2.58272.59056.36.560.730.38198Allocation--50% to 70% Equityhttps://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)0.5919
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment Advisors6-10 Year Moderate1/31/2019 12:00:00 AM-4.8900-13.79472.58261.0899-4.8900-7.17818.72818.1954-3.14792.93696.766.930.240.09199Allocation--50% to 70% Equityhttps://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)0.5898
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsESG 11-19 Years1/31/2019 12:00:00 AM4097Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40970.50000Moderate Growth & Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMAs 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) 0.5000
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsESG 2-5 Years1/31/2019 12:00:00 AM0.00000.00004095Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40950.50000Moderate Income & Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMAs 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) 0.5000
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsESG 20 Plus Years1/31/2019 12:00:00 AM4098Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40980.50000Moderate Growth Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMAs 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) 0.5000
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsESG 6-10 Years1/31/2019 12:00:00 AM0.00000.00004096Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40960.50000Moderate Balanced Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMAs 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) 0.5000
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsESG Taking Income1/31/2019 12:00:00 AM4094Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40940.50000Income Active asset allocation and passive security selection. We believe the primary determinant of a portfolios return is asset allocation. EMAs 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) 0.5000
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsTaking Income Aggressive1/31/2019 12:00:00 AM3.3300-1.89583.94251.97313.3300-4.03204.31955.9744-2.01451.781544.410.70.3194Allocation--30% to 50% Equityhttps://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)0.6082
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsTaking Income Conservative1/31/2019 12:00:00 AM2.9900-1.43803.92041.78242.9900-3.39033.80856.4725-2.06211.03663.63.770.760.3192Allocation--30% to 50% Equityhttps://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)0.6095
ModelxChangeEfficient Market Advisors, a Business of Cantor Fitzgerald Investment AdvisorsTaking Income Moderate1/31/2019 12:00:00 AM2.5200-2.55343.51241.42322.5200-4.05523.90616.0439-2.57020.93193.74.030.640.19193Allocation--30% to 50% Equityhttps://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) 0.6089
ModelxChangeETF Model Solutions, LLCEndowment Aggressive Allocation1/31/2019 12:00:00 AM6.9324-7.06038.67006.9324-9.402818.18756.18628.750.862090Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20900.35000The Endowment Aggressive Allocation seeks to provide long term capital appreciation through a strategic allocation to stocks, bonds, and liquid alternatives. This model seeks capital appreciation and growth while reducing overall portfolio volatility by diversifying across three primary asset classes (equity, fixed income, and liquid alternatives) utilizing a wide range of asset classes based upon the Endowment Investment Philosophy™. The manager intends to modify the weights of positions from the Endowment Index™, placing greater emphasis on the equity holdings within the portfolio while lessening the bond and alternatives allocations, seeking to maintain a portfolio with an aggressive growth risk-based profile. The manager intends to primarily utilize exchange traded funds ("ETFs") to implement the strategy. 0.8053
ModelxChangeETF Model Solutions, LLCEndowment Conservative Allocation1/31/2019 12:00:00 AM4.6878-2.97375.77174.6878-5.643810.65415.66505.380.862089Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20890.35000The Endowment Conservative Allocation seeks to provide both long term capital appreciation and income through a strategic asset allocation to bonds, stocks, and liquid alternatives while maintaining a conservative risk profile. This model seeks to minimize risk and maximize return by diversifying across three primary asset classes (equity, fixed income, and liquid alternatives) utilizing a wide range of sub-asset classes based upon the Endowment Investment Philosophy™. The manager intends to modify the weights of positions within the Endowment Index™, placing greater emphasis on the cash and fixed income holdings within the portfolio while reducing the allocations to equity and alternatives in an effort to dampen overall portfolio volatility and maintain a portfolio with a conservative risk-based profile. The model employs exchange-traded funds ("ETFs") to implement the strategy.0.8172
ModelxChangeETF Model Solutions, LLCEndowment Moderate Allocation1/31/2019 12:00:00 AM6.9361-7.11957.96636.9361-9.621516.58046.02458.580.82170Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21700.35000Capital appreciation and growth The Endowment Moderate allocation applies an indexed approach seeking to provide an asset allocation that mirrors the holdings and target allocation of the Endowment Index™. The index applies a rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions that collectively manage over $500 billion in total assets. There are over 30,000 underlying securities contained within the 19 sub-indexes within the portfolio. The portfolio is comprised solely of exchange-traded funds ("ETFs"). Most investment strategies are two dimensional portfolios comprised of stocks and bonds. The Endowment Moderate Allocation expands its portfolio to include a third dimension by using alternative investments. The primary goal of using alternative investments in a portfolio is to augment the risk-adjusted returns provided by a two dimensional stock-bond portfolio. Growth: This segment of the portfolio includes allocations to global equities, including domestic, international developed, and emerging markets through broad-based ETFs. Fixed Income: This segment includes allocations to fixed income securities that can provide a steady source of income and are intended to assist in the reduction of overall portfolio volatility. The manager utilizes ETFs to fulfill the fixed income allocation. Risk Managed: This segment includes allocations to alternative investments like hedge funds, private equity, and real assets. This portion of the portfolio seeks to mitigate overall portfolio volatility (reduce drawdowns), assist in hedging inflation, and provide additional sources of return. The 2018 target allocation is 36% Equity/52% Alternatives/8% Fixed Income/4% Liquidity. 0.9734
ModelxChangeETF Model Solutions, LLCETFMS Global Equity Model1185World Large 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 and emerging market stocks, and 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 becomes more critical in a low return environment and offers the opportunity to contribute a higher percentage of overall equity returns. Hence, the manager will have a tendency to overweight to higher dividend-producing equities in an effort to generate improved returns.0.7374
ModelxChangeETF Model Solutions, LLCETFMS Global Fixed Income Model1217World Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12170.35000The objective of this model is to generate income by creating a globally-diversified portfolio of exchange-traded funds that invest in fixed income securities. This model offers a strategic allocation of fixed income securities utilizing a Core-Satellite passive investment approach. The core of the portfolio will target low cost, market capitalization weighted domestic fixed income ETFs. The satellite portion of the portfolio will target alternative fixed income indices or actively managed fixed income strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include international or emerging market bonds (both sovereign and corporates that may be denominated in local or domestic currency), global high yield bonds, senior bank loans, floating rate notes, municipal bonds and others. The manager will utilize an active-passive approach that may overweight core or satellite holdings during various stages of secular interest rate cycles.0.8271
ModelxChangeETF Model Solutions, LLCETFMS Global Multi-Asset Income Model1234Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12340.35000The objective of this model is to generate income and long-term capital appreciation by creating a globally diversified portfolio of exchange-traded funds that invest in equity, fixed income, REITs, and other income generating or hybrid securities. The model will strive to maintain a balance between equity, fixed income, and hybrid securities in an effort to optimize risk-adjusted returns to meet its objectives. This model offers a strategic allocation of fixed income, equity, and hybrid securities utilizing a Core-Satellite passive investment approach. The core of the portfolio will target low-cost, primarily market capitalization weighted ETFs across four main segments of the market: 1) Global High Income Equities; 2) Global Real Estate Investment Trusts/Master Limited Partnerships; 3) Business Development Companies/Closed End Funds; and 4) High Yield Fixed Income/Preferred Securities. The satellite portion of the portfolio will target indices or actively managed strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include sector/thematic ETFs, mortgage REITs, MLPs, closed end funds, high yield municipal securities, emerging market corporate bonds and short duration high yield bonds, and other securities. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular interest rate, economic, and financial market cycles. 1.0605
ModelxChangeETF Model Solutions, LLCETFMS Hedge Fund of Funds Model1237Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12370.35000The objective of this model is to hold liquid alternative funds (primarily mutual funds) that provide a lower cost and a more liquid way to access exposure to hedge fund strategies. Hedge Fund of Funds have generally been illiquid and available only to institutions and accredited investors at a 3% management fee & 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 than the "3&30" cost structure. The goal is 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 available only to institutions and accredited investors at a 3% management fee & 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 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.0.16750.06501.9040
ModelxChangeETF Model Solutions, LLCETFMS Private Equity Model1236Allocation--70% to 85% Equityhttps://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 entry 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.1.3561
ModelxChangeETF Model Solutions, LLCETFMS Real Asset Model1235Inflation-Protected Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12350.35000The objective of this model is to hold securities that have a higher correlation to inflation and/or own tangible/hard assets. The model seeks to be broadly diversified and has a bias to income producing hard assets. This portfolio is intended to be used as an inflation hedge within an overall portfolio by seeking to produce positive real returns in a higher inflationary environment. This model offers a strategic allocation of securities expected to provide a broad exposure to real assets by using a Core-Satellite passive investment approach. The core of the portfolio will target low-cost, primarily market capitalization weighted ETFs across four main segments of the market: 1) real estate investment trusts; 2) infrastructure/master limited partnerships; 3) commodities & precious metals; and 4) inflation-linked fixed income. The satellite portion of the portfolio will target alternative indices or actively managed strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include dividend weighted ETFs, sector/thematic ETFs, long/flat commodity indices, fixed duration inflation indexed ETFs, actively-managed senior bank loan ETFs, and others. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular interest rate, inflation, economic, and financial market cycles.0.8082
ModelxChangeETF Model Solutions, LLCETFMS Short Duration Fixed Income Model1218Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL12180.35000The objective of this model is to provide an investment alternative that can provide a greater return than can be earned in money market securities, while reducing the volatility that can sometimes be experienced in bonds by limiting the average overall portfolio duration to approximately 3 or less. The manager seeks to maintain an average overall investment grade rating for the entire portfolio. This model offers a diversified, strategic allocation of exchange-traded funds that invest in fixed income securities. The portfolio manager utilizes a Core-Satellite passive investment approach. The core of the portfolio will target low cost, market capitalization weighted domestic fixed income ETFs. The satellite portion of the portfolio will target alternative fixed income indices or actively managed fixed income strategies that offer the opportunity to add incremental return or reduce portfolio volatility. Satellite strategies may include international or emerging market bonds (both sovereign and corporates that may be denominated in local or domestic currency), short-term domestic and global high yield bonds, senior bank loans, floating rate notes, municipal bonds, and others. The manager will utilize an active-passive approach that will overweight core or satellite holdings during various stages of secular interest rate cycles or have a bias towards taking credit risk in low-interest rate/low default rate environments. 0.7288
ModelxChangeGeaSphere LLCGeaSphere Core ETF 10-901/31/2019 12:00:00 AM2.36932.05232.65542.36934.7930-0.65808.85142648Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26480.50000Stable with Income Conservative Stable Income using Tactical Asset Allocation of Stocks 10% and Bonds 90%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5826
ModelxChangeGeaSphere LLCGeaSphere Core ETF 1001/31/2019 12:00:00 AM8.7459-6.60888.46315.85688.7459-10.937518.3423-1.00317.88282640Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26400.50000GeaSphere Core ETF 100 – Extremely Aggressive Growth Aggressive Growth portfolio using Tactical Asset Allocation of Stocks 100% and Bonds 0%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns.0.5703
ModelxChangeGeaSphere LLCGeaSphere Core ETF 20-801/31/2019 12:00:00 AM3.49682.65582.97743.49685.8552-0.56478.58582647Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26470.50000Conservative Stable with Income and Growth Conservative Stable Income and Growth using Tactical Asset Allocation of Stocks 20% and Bonds 80%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5829
ModelxChangeGeaSphere LLCGeaSphere Core ETF 30-701/31/2019 12:00:00 AM4.28283.79373.70284.28286.8964-0.40838.83602646Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26460.50000Moderate Income and Growth Conservative Income and Growth using Tactical Asset Allocation of Stocks 30% and Bonds 70%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns0.5957
ModelxChangeGeaSphere LLCGeaSphere Core ETF 40-601/31/2019 12:00:00 AM5.37782.69792.89055.37789.3155-0.58907.80272645Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26450.50000Balanced with Income and Growth Balanced Income and Growth using Tactical Asset Allocation of Stocks 40% and Bonds 60%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5680
ModelxChangeGeaSphere LLCGeaSphere Core ETF 50-501/31/2019 12:00:00 AM6.5766-2.66546.46835.21566.5766-7.197711.4425-1.04739.31722644Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26440.50000Balanced with Growth And Income Balanced Growth and Income using Tactical Asset Allocation of Stocks 50% and Bonds 50%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5656
ModelxChangeGeaSphere LLCGeaSphere Core ETF 60-401/31/2019 12:00:00 AM7.2040-3.68617.23655.42007.2040-7.794112.5631-0.53047.15222643Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26430.50000Moderately Aggressive Growth and Income Moderate Growth and Income using Tactical Asset Allocation of Stocks 60% and Bonds 40%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5716
ModelxChangeGeaSphere LLCGeaSphere Core ETF 70-301/31/2019 12:00:00 AM7.3609-3.09234.24383.55297.360912.8471-0.50696.66752642Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26420.50000Aggressive Growth with Moderate Income Moderate Aggressive Growth with some Income using Tactical Asset Allocation of Stocks 70% and Bonds 30%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5703
ModelxChangeGeaSphere LLCGeaSphere Core ETF 80-201/31/2019 12:00:00 AM7.9904-4.23635.91434.50747.9904-8.888115.0592-0.74477.27142641Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26410.50000Aggressive Growth with little income Aggressive Growth using Tactical Asset Allocation of Stocks 80% and Bonds 20%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5702
ModelxChangeGeaSphere LLCGeaSphere Core ETF 90-101/31/2019 12:00:00 AM8.7115-5.77547.56175.75208.7115-10.434918.1688-0.91069.50022639Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26390.50000Very Aggressive Growth Very Aggressive Growth using Tactical Asset Allocation of Stocks 90% and Bonds 10%. Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets held in various categories to take advantage of market pricing anomalies or strong market sectors. This strategy allows our portfolio managers to create extra value by taking advantage of sector rotations in the marketplace. It is a moderately active strategy since managers return to the portfolio's original strategic asset mix when desired short-term profits are achieved on a Semi-annual basis. GeaSphere offers 10 Core ETF model portfolios for every risk tolerance and time horizon. All models are constructed with our rules based allocation, adjusted for market conditions. We continuously review and adjust the weightings of each asset class within each portfolio to reflect leading sectors for maximum efficiency and returns. 0.5663
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - (A) Conservative1/31/2019 12:00:00 AM3.7870-0.12783.7870-2.58666.43392.6706585Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5850.00000For the conservative investor. The portfolio's target allocation is 15% equity, 65% fixed income and 20% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.2302
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - (B) Moderately Conservative1/31/2019 12:00:00 AM4.7048-0.95816.37874.7048-3.26348.49747.58795.121.01656Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6560.00000For the moderately conservative investor. The portfolio's target allocation is 30% equity, 50% fixed income and 20% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.2185
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - (C) Moderate1/31/2019 12:00:00 AM5.5932-2.41247.45105.5932-5.448010.54649.19986.350.98586Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5860.00000For the moderate investor. The portfolio's target allocation is 45% equity, 30% fixed income and 25% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.2215
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - (D) Moderate Growth1/31/2019 12:00:00 AM6.4462-4.84428.62916.4462-7.348913.443810.37637.790.96657Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6570.00000For the moderate growth oriented investor. The portfolio's target allocation is 60% equity, 15% fixed income and 25% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, bond markets, and alternative asset classes. 0.1975
ModelxChangeGradient Investments, LLCGradient Endowment Series (ETF) Program - (E) Growth1/31/2019 12:00:00 AM7.6779-5.448710.32897.6779-8.339116.170712.22619.340.98587Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL5870.00000For the growth-oriented investor The portfolio's target allocation is 70% equity and 30% alternative investments. The portfolio seeks to achieve further diversification by investing in ETFs that track both domestic and international equity markets, and alternative asset classes. 0.2142
ModelxChangeHarvest Investment Services, LLCAlphaSolutions 13/50 MA Crossover1/31/2019 12:00:00 AM0.7786-6.45680.7786-2.57082716Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27160.50000Primary: Seeks long term growth by investing in major equity indices when they are trended in or are advancing. Secondary: Seeks to reduce market volatility by reducing or eliminating investments when major indices are trended out. We employ a technical investment strategy based on a set of rules that analyze the trend of five major domestic indices to determine if a risk on or risk off approach should be taken. Risk on or risk off is determined by examining the trend of each index independently. The technical trend is the assessment of where the short term moving average is, relative to the long term moving average for each index. Specifically, when the short term thirteen-day exponential moving average is crosses over or is above the longer term fifty-day exponential moving average then that index is trended in and we would invest in that index by utilizing an Exchange Traded Fund (ETF). The trend for each of the five indices is evaluated independently and twenty percent is invested in each index that is trended in. There will be times when the strategy will be fully invested, while other times, especially, when markets become more volatile, there will be positions that trend out and the strategy would not be fully invested. Risk Control Measure We utilize an active approach to minimize downside risk, unlike a traditional buy and hold approach that stays fully invested regardless of market volatility or losses. The AlphaSolutions 13/50 Strategy would minimize risk by taking a risk off approach by liquidating equity holdings that are not trended in. As previously mentioned when the thirteen-day moving average is above the fifty-day moving average that position is trended in and we would invest in that positon, conversely, when the thirteen-day moving average crosses below the fifty-day moving average we would consider that position trended out and we would liquidate that position and invest in cash until that index trends back in.0.6744
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Blended Bull/Calendar1952Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19520.50000Primary: Seeks long term growth of capital by investing in high ranked equity classes during bull markets. Secondary: Seeks to reduce volatility during a bear markets by utilizing risk control measures. We analyze a number of technical indicators to determine if the equity market is in a bull or bear market. During a bull market as measured by our bull-bear indicator, we will be fully invested in equity holdings. After the determination that the equity market is in a bull market, we then evaluate numerous equity classes and select the ones that are ranked highly, relative to other equity classes and invest in them for that quarter. During a continued bull market we examine the relative strength of numerous equity classes and reallocate the holdings on a quarterly basis. We evaluate the bull-bear indicator weekly to assess if we are to maintain our equity exposure or if the market has entered a bear market and risk control measures should be taken instead. We utilize an active approach to manage risk. We employ numerous strategies to evaluate and determine on a weekly basis if the market has entered a bear market. Specifically, when the bull-bear indicator determines that the equity market has entered a bear market we reallocate the equity positions into cash and bond holdings and then examine calendar dates that coincide with the current bear market to determine what dates have historically been profitable to invest in. Generally, there are a total of 12-14 identified periods per year, which typically range from 6-8 market days long that have historically been characterized with the highest probability of profitable. During these identified periods we will invest in the equity market, which comes out to approximately 28% of the bear market period. 0.7091
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Momentum - High Equity1/31/2019 12:00:00 AM3.2234-13.10225.32644.44893.2234-12.969713.569413.8772-5.20219.53961954Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19540.50000Primary: Seeks long term growth of capital by investing in high ranked Global Equity Classes. Secondary: Seeks to reduce volatility during bear markets by decreasing equity exposure and increasing cash and bond positions. We employ a maximum/minimum investment allocation to equities that is dependent on market trends. There are three Momentum models which differ based upon the equity exposure during both bull (maximum) and bear (minimum) markets. The specific Momentum model (allocation towards equities) utilized is predetermined based on risk profile, financial goals or discussions with an investment advisor. Technical trending strategies are used to evaluate and determine if the maximum or the minimum allocation in equities should be invested for that quarter. After the determination to invest in equity positions has been made, we then select highly-ranked asset classes to invest in for the quarter. The following quarter we reevaluate the technical trend of the equity markets to determine if the max or the min equity exposure is to be utilized and reallocate to highly ranked asset classes. We utilize an active approach to manage risk. We employ technical trending strategies to evaluate and determine on a quarterly basis if the portfolio will invest the maximum or the minimum equity exposure for that quarter. If our technical analysis determines that we are to minimize risk then the minimum equity allocation will be employed for that quarter; low exposure - 10%, medium exposure - 20% or high exposure - 30%. During the low equity quarters we will have a high percentage of investments in more conservative cash and bond positions. We will reevaluate the trend for the coming quarter to determine if we should invest the maximum or the minimum amount in the equity market. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets due to our minimize equity and maximum bond allocation during these times. Bond positions historically have lower volatility and higher dividend payouts than equity holdings. 0.6192
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Momentum - Low Equity1/31/2019 12:00:00 AM1.5552-3.58283.16622.79881.5552-4.71736.43167.4254-1.78994.62473.873.710.530.571956Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19560.50000Primary: Seeks long term growth of capital by investing in high ranked Global Equity Classes. Secondary: Seeks to reduce volatility during bear markets by decreasing equity exposure and increasing cash and bond positions. We employ a maximum/minimum investment allocation to equities that is dependent on market trends. There are three Momentum models which differ based upon the equity exposure during both bull (maximum) and bear (minimum) markets. The specific Momentum model (allocation towards equities) utilized is predetermined based on risk profile, financial goals or discussions with an investment advisor. Technical trending strategies are used to evaluate and determine if the maximum or the minimum allocation in equities should be invested for that quarter. After the determination to invest in equity positions has been made, we then select highly-ranked asset classes to invest in for the quarter. The following quarter we reevaluate the technical trend of the equity markets to determine if the max or the min equity exposure is to be utilized and reallocate to highly ranked asset classes. We utilize an active approach to manage risk. We employ technical trending strategies to evaluate and determine on a quarterly basis if the portfolio will invest the maximum or the minimum equity exposure for that quarter. If our technical analysis determines that we are to minimize risk then the minimum equity allocation will be employed for that quarter; low exposure - 10%, medium exposure - 20% or high exposure - 30%. During the low equity quarters we will have a high percentage of investments in more conservative cash and bond positions. We will reevaluate the trend for the coming quarter to determine if we should invest the maximum or the minimum amount in the equity market. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets due to our minimize equity and maximum bond allocation during these times. Bond positions historically have lower volatility and higher dividend payouts than equity holdings.0.5663
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Momentum - Medium Equity1/31/2019 12:00:00 AM2.4021-8.16883.92003.46482.4021-8.64099.95679.2072-3.41427.13281955Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19550.50000Primary: Seeks long term growth of capital by investing in high ranked Global Equity Classes. Secondary: Seeks to reduce volatility during bear markets by decreasing equity exposure and increasing cash and bond positions. We employ a maximum/minimum investment allocation to equities that is dependent on market trends. There are three Momentum models which differ based upon the equity exposure during both bull (maximum) and bear (minimum) markets. The specific Momentum model (allocation towards equities) utilized is predetermined based on risk profile, financial goals or discussions with an investment advisor. Technical trending strategies are used to evaluate and determine if the maximum or the minimum allocation in equities should be invested for that quarter. After the determination to invest in equity positions has been made, we then select highly-ranked asset classes to invest in for the quarter. The following quarter we reevaluate the technical trend of the equity markets to determine if the max or the min equity exposure is to be utilized and reallocate to highly ranked asset classes. We utilize an active approach to manage risk. We employ technical trending strategies to evaluate and determine on a quarterly basis if the portfolio will invest the maximum or the minimum equity exposure for that quarter. If our technical analysis determines that we are to minimize risk then the minimum equity allocation will be employed for that quarter; low exposure - 10%, medium exposure - 20% or high exposure - 30%. During the low equity quarters we will have a high percentage of investments in more conservative cash and bond positions. We will reevaluate the trend for the coming quarter to determine if we should invest the maximum or the minimum amount in the equity market. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets due to our minimize equity and maximum bond allocation during these times. Bond positions historically have lower volatility and higher dividend payouts than equity holdings. 0.5803
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Multi-Sector Fixed Income1/31/2019 12:00:00 AM0.5365-3.30592.72932.76960.5365-3.45273.19308.4813-1.39927.11823.984.040.40.522399Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL23990.40000Primary: Seeks to invest in high-ranked sectors within the fixed income market to achieve long term positive returns and to minimize fixed income risk by rotating out of weaker sectors Secondary: Seeks income from interest and dividends We employ technical trending strategies that utilize relative strength to evaluate and invest in high ranking fixed income sectors. We rank each sector daily according to our trending strategies and at the start of each quarter we invest in three of the four highest ranking fixed income sectors. We eliminate the highest ranked sector due to the likelihood of mean reversion and invest in the following three sectors. Each quarter we repeat the process of ranking the fixed income sectors and then investing in those that meet the criteria. This type of investing is typically characterized as momentum investing. The economic cycle is cyclical and as the economy goes through periods of expansion and periods of weakness, during these periods various sectors within the fixed income market behave and perform very differently therefore continually investing in highly ranked sectors may improve total return.0.4972
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Reduced Volatility Bull-Bear1/31/2019 12:00:00 AM8.9825-7.08096.61864.83858.9825-11.412614.80611.7977-1.588810.31651945Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19450.50000Primary: Seeks long term growth of capital by investing in high ranked equity classes during bull markets. Secondary: Seeks to reduce volatility during bear markets by having no equity positions and being fully invested in cash and bond positions We analyze a number of technical indicators to determine if the equity market is in a bull or bear market. During a bull market as measured by our bull-bear indicator, we will be fully invested in equity holdings. After the determination that the equity market is in a bull market, we then evaluate numerous equity classes and select the ones that are ranked highly, relative to other equity classes and invest in them for that quarter. During a continued bull market we examine the relative strength of numerous equity classes and reallocate the holdings on a quarterly basis. We evaluate the bull-bear indicator weekly to assess if we should maintain our equity exposure or if the market has entered a bear market and we should take risk control measures. We utilize an active approach to manage risk. We employ numerous trending strategies, referred to as the bull-bear indicator, to evaluate and determine on a weekly basis if the market has entered a bear market. When the bull-bear indicator determines that the equity market has entered a bear market we then reallocate the equity positions into cash and bond holdings. We examine the bull-bear indicator throughout the quarter to determine if we are to maintain a defensive position by investing in cash and bonds. Our trend evaluation helps to minimize or avoid losses during precipitous bear markets by removing equity allocation and maximizing bond allocation during bear markets. Bond positions historically have lower volatility and higher dividend payouts than equity holdings.0.7091
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Sector Rotation1/31/2019 12:00:00 AM-1.1222-15.16882.24093.1674-1.1222-9.649912.57626.5182-7.222013.09701940Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19400.50000Primary: Seeks long term growth of capital by investing in high ranked U.S. Equity Sectors of the market. Secondary: Seeks to reduce volatility during bear markets by investing in cash and bond sectors. Harvest Investment Services, employs a risk on/risk off strategy. Quarterly technical trending strategies are used to evaluate and to determine if the portfolio will invest in equity positions for that quarter. After the determination to invest in equity positions for that quarter has been made, we then select highly-ranked U.S. equity sectors for that month. The following month we reevaluate the relative strength of the U.S. equity sectors and determine which highly ranked U.S. equity sectors should be invested in. We evaluate the relative strength of the different sectors of the market each month for that quarter and invest accordingly. This type of investing is typically characterized as momentum investing. 0.6833
ModelxChangeHarvest Investment Services, LLCAlphaSolutions Tactical Response1/31/2019 12:00:00 AM4.91194.91193229Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL32290.50000Description We employ a technical investment strategy based on a set of rules that analyze the trend of five major domestic indices to determine if a risk on or risk off approach should be taken. Risk on or risk off is determined by examining the trend of each index independently. The technical indicators are based upon the assessment of midterm indicators, midterm crossovers and other factors. When our indicators provide us with a buy signal and we would invest in that index by utilizing an Exchange Traded Fund (ETF). The trend for each of the five indices is evaluated independently and twenty percent is invested in each index that is trended in. There will be times when the strategy will be fully invested, while other times, especially, when markets become more volatile, there will be positions that trend out and the strategy would not be fully invested. Risk Control Measure The AlphaSolutions Response Strategy utilizes an active approach to minimize downside risk, unlike a traditional buy and hold approach that stays fully invested regardless of market volatility or losses, by We would minimize risk by taking a risk off approach by liquidating equity holdings that are trend out. After we liquidate a position we would keep the proceeds in cash until that position trends back in.0.6735
ModelxChangeHighland Capital Management, LLCHighland Balanced Strategy (ETFs)1/31/2019 12:00:00 AM4.5752-1.88926.91724.59304.5752-4.005111.11356.7767-0.78234.31765.675.771.010.68623Target-Date 2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6230.35000The 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. 0.4465
ModelxChangeHighland Capital Management, LLCHighland Conservative Strategy (ETFs)1/31/2019 12:00:00 AM2.64300.23064.14643.25252.6430-1.64206.02964.74770.18864.15083.143.140.940.81622Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6220.35000The 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. 0.4610
ModelxChangeHighland Capital Management, LLCHighland Growth & Income Strategy (ETFs)1/31/2019 12:00:00 AM7.0464-4.26489.35775.06147.0464-7.428515.49019.0612-3.50253.48428.828.970.930.52624Large Blendhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL6240.35000The 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. 0.4571
ModelxChangeHighland Capital Management, LLCHighland International Balanced Strategy (ETFs)1/31/2019 12:00:00 AM4.4700-7.56126.33742.25774.4700-8.002018.83593.0901-3.7485-3.93547.617.390.690.24972Volatilityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9720.35000The 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. 0.5304
ModelxChangeHighland Capital Management, LLCHighland Tactical Income Strategy (ETFs)1/31/2019 12:00:00 AM4.7868-0.23755.87883.88444.7868-4.60538.81628.2029-2.87855.57755.245.280.90.61790Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL7900.35000The 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. 0.6104
ModelxChangeHighland Capital Management, LLCHighland Ultra Aggressive Strategy (ETFs)1/31/2019 12:00:00 AM7.9235-8.823411.23975.91647.9235-10.810825.69257.6898-2.710510.8110.910.940.52973World Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9730.35000The 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. 0.4770
ModelxChangeHighland Capital Management, LLCHighland Ultra Conservative Strategy (ETFs)1/31/2019 12:00:00 AM0.41961.54630.76830.90130.41960.59170.68471.27750.10942.12761.341.39-0.290.14971Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL9710.35000The 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. 0.4803
ModelxChangeHighland Capital Management, LLCHighland US Focused Equity Strategy (ETFs)1/31/2019 12:00:00 AM8.7072-2.879613.33949.34838.7072-6.173219.941712.2481-0.462810.746711.4911.441.050.781135Target-Date 2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL11350.35000The 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. 0.3993
ModelxChangeHorizon Investments, LLCHorizon ETF Conservation Plus1/31/2019 12:00:00 AM3.7014-1.45642.87322.39163.7014-4.65168.29831.2303-0.85745.41084.333.820.410.4551Allocation--30% to 50% Equityhttps://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.0.9245
ModelxChangeHorizon Investments, LLCHorizon ETF Conservative1/31/2019 12:00:00 AM4.9087-2.20644.94883.50064.9087-5.216811.73692.3681-1.50885.82515.665.290.680.5450Allocation--30% to 50% Equityhttps://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.0.8600
ModelxChangeHorizon Investments, LLCHorizon ETF Focused1/31/2019 12:00:00 AM8.6380-5.613410.71426.67858.6380-8.290822.38415.5546-3.11077.527510.9711.050.880.5846Allocation--70% to 85% Equityhttps://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.0.6665
ModelxChangeHorizon Investments, LLCHorizon ETF Focused with Risk Assist1/31/2019 12:00:00 AM4.0948-9.96478.18374.78734.0948-8.895822.14664.0557-4.25415.81599.7410.090.740.4452Allocation--70% to 85% Equityhttps://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.0.7599
ModelxChangeHorizon Investments, LLCHorizon ETF Growth1/31/2019 12:00:00 AM7.6701-4.69489.27835.86707.6701-7.421719.58914.8401-3.00966.85439.579.510.860.5747Allocation--70% to 85% Equityhttps://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.0.7149
ModelxChangeHorizon Investments, LLCHorizon ETF Growth with Risk Assist1/31/2019 12:00:00 AM3.7074-8.00127.05804.56903.7074-7.389919.47522.9800-4.19767.57578.158.420.740.4953Allocation--70% to 85% Equityhttps://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.0.7889
ModelxChangeHorizon Investments, LLCHorizon ETF Moderate1/31/2019 12:00:00 AM6.4152-3.62867.42494.86536.4152-6.485216.35573.7731-2.39706.37537.767.560.810.5748Allocation--50% to 70% Equityhttps://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.0.7794
ModelxChangeHorizon Investments, LLCHorizon ETF Moderate with Risk Assist1/31/2019 12:00:00 AM3.5814-5.70595.85913.89213.5814-6.119515.73342.4437-3.06056.61176.66.690.720.554Allocation--50% to 70% Equityhttps://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.0.8276
ModelxChangeHorizon Investments, LLCHorizon Real Spend 31/31/2019 12:00:00 AM2424Target-Date Retirementhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24240.60000Real Send is Horizon Investments’ retirement income strategy designed to set aside money for current spending, invest capital to fund future spending, and adjust yearly spending to overcome inflation. Real Spend was created to address Inflation Risk, Market Risk, and Longevity Risk.0.8894
ModelxChangeHorizon Investments, LLCHorizon Real Spend 41/31/2019 12:00:00 AM2423Target-Date Retirementhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24230.60000Real Send is Horizon Investments’ retirement income strategy designed to set aside money for current spending, invest capital to fund future spending, and adjust yearly spending to overcome inflation. Real Spend was created to address Inflation Risk, Market Risk, and Longevity Risk.0.8929
ModelxChangeHorizon Investments, LLCHorizon Real Spend 51/31/2019 12:00:00 AM2422Target-Date Retirementhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24220.60000Real Send is Horizon Investments’ retirement income strategy designed to set aside money for current spending, invest capital to fund future spending, and adjust yearly spending to overcome inflation. Real Spend was created to address Inflation Risk, Market Risk, and Longevity Risk.0.8959
ModelxChangeHorizon Investments, LLCHorizon Real Spend 61/31/2019 12:00:00 AM2421Target-Date Retirementhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24210.60000Real Send is Horizon Investments’ retirement income strategy designed to set aside money for current spending, invest capital to fund future spending, and adjust yearly spending to overcome inflation. Real Spend was created to address Inflation Risk, Market Risk, and Longevity Risk.0.8983
ModelxChangeHorizon Investments, LLCHorizon Real Spend 71/31/2019 12:00:00 AM2420Target-Date Retirementhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24200.60000Real Send is Horizon Investments’ retirement income strategy designed to set aside money for current spending, invest capital to fund future spending, and adjust yearly spending to overcome inflation. Real Spend was created to address Inflation Risk, Market Risk, and Longevity Risk. 0.9003
ModelxChangeHoward Capital Management, Inc.All American Aggressive2150Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21500.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. Trend analysis is used to decide when to move away from securities and into cash and cash equivalents. During positive market trends, equity portion of this strategy seeks to participate in all domestic markets and sectors. Multiple indicators are monitored to identify developing trends in the markets. The bond portion of this strategy typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; and treasuries. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.20003.0678
ModelxChangeHoward Capital Management, Inc.All American Balanced2148Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21480.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. Trend analysis is used to decide when to move away from securities and into cash and cash equivalents. During positive market trends, equity portion of this strategy seeks to participate in all domestic markets and sectors. Multiple indicators are monitored to identify developing trends in the markets. The bond portion of this strategy typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; and treasuries. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.21252.9840
ModelxChangeHoward Capital Management, Inc.All American Conservative2010Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20100.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. Trend analysis is used to decide when to move away from securities and into cash and cash equivalents. During positive market trends, equity portion of this strategy seeks to participate in all domestic markets and sectors. Multiple indicators are monitored to identify developing trends in the markets. The bond portion of this strategy typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; and treasuries. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.21252.9130
ModelxChangeHoward Capital Management, Inc.All American Growth2149Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21490.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. Trend analysis is used to decide when to move away from securities and into cash and cash equivalents. During positive market trends, equity portion of this strategy seeks to participate in all domestic markets and sectors. Multiple indicators are monitored to identify developing trends in the markets. The bond portion of this strategy typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; and treasuries. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.21253.0550
ModelxChangeHoward Capital Management, Inc.All American Income1/31/2019 12:00:00 AM2009Target-Date Retirementhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20090.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. Trend analysis is used to decide when to move away from securities and into cash and cash equivalents. During positive market trends, equity portion of this strategy seeks to participate in all domestic markets and sectors. Multiple indicators are monitored to identify developing trends in the markets. The bond portion of this strategy typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; and treasuries. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.25002.9740
ModelxChangeHoward Capital Management, Inc.ALP Aggressive2828Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL28280.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. The Active Lifestyle Portfolios (ALP) are designed for investors of all risk and return objectives by providing a range of investments that use HCMs Proactive Sector Rotation methodology to target equity and bond funds the strategy indicates have the potential to meet performance objectives. The HCM-BuyLine® monitors market health to determine whether or not assets should be invested in the equity market or moved to cash and/or short-term bonds or bond funds to protect capital. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.16502.8594
ModelxChangeHoward Capital Management, Inc.ALP Balanced2007Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20070.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. The Active Lifestyle Portfolios (ALP) are designed for investors of all risk and return objectives by providing a range of investments that use HCMs Proactive Sector Rotation methodology to target equity and bond funds the strategy indicates have the potential to meet performance objectives. The HCM-BuyLine® monitors market health to determine whether or not assets should be invested in the equity market or moved to cash and/or short-term bonds or bond funds to protect capital. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.19752.8566
ModelxChangeHoward Capital Management, Inc.ALP Conservative2008Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL20080.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. The Active Lifestyle Portfolios (ALP) are designed for investors of all risk and return objectives by providing a range of investments that use HCMs Proactive Sector Rotation methodology to target equity and bond funds the strategy indicates have the potential to meet performance objectives. The HCM-BuyLine® monitors market health to determine whether or not assets should be invested in the equity market or moved to cash and/or short-term bonds or bond funds to protect capital. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.21252.9155
ModelxChangeHoward Capital Management, Inc.ALP Growth1936Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL19362.00000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. The Active Lifestyle Portfolios (ALP) are designed for investors of all risk and return objectives by providing a range of investments that use HCMs Proactive Sector Rotation methodology to target equity and bond funds the strategy indicates have the potential to meet performance objectives. The HCM-BuyLine® monitors market health to determine whether or not assets should be invested in the equity market or moved to cash and/or short-term bonds or bond funds to protect capital. Multiple indicators are monitored to identify developing trends in the markets. The portfolio can use inverse funds as a hedge or in an attempt to capitalize on market trends. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.18504.0372
ModelxChangeHoward Capital Management, Inc.Dividend Income Balanced2830Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL28300.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. The HCM Dividend Income strategies are designed for investors who are seeking long-term growth and income from high quality dividend paying funds. Fundamental analysis is used to analyze the value and earnings rate of S&P 500 stocks within the investments. Bond funds from all markets and sectors, which rotate among short-, medium-, and long-term bonds, as well as high-yield bonds, compliment the portfolio. The HCM-BuyLine® monitors market health to determine whether or not assets should be invested in the equity market or moved to cash and/or cash equivalents to protect capital. Multiple indicators are monitored to identify developing trends in the markets. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.21002.9968
ModelxChangeHoward Capital Management, Inc.Dividend Income Conservative2829Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL28290.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. The HCM Dividend Income strategies are designed for investors who are seeking long-term growth and income from high quality dividend paying funds. Fundamental analysis is used to analyze the value and earnings rate of S&P 500 stocks within the investments. Bond funds from all markets and sectors, which rotate among short-, medium-, and long-term bonds, as well as high-yield bonds, compliment the portfolio. The HCM-BuyLine® monitors market health to determine whether or not assets should be invested in the equity market or moved to cash and/or cash equivalents to protect capital. Multiple indicators are monitored to identify developing trends in the markets. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.18752.7700
ModelxChangeHoward Capital Management, Inc.Dividend Income Growth1/31/2019 12:00:00 AM0.0000-18.90779.38090.0000-14.394115.167925.832913.220.662831Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL28310.85000By applying the proprietary HCM Buy-Line®, this strategy seeks capital preservation during times of market distress. The HCM-BuyLine® is a strategic proprietary indicator used to assist in determining when and how much to invest in equities. Through a technical approach, the broad trend in the equity market is identified. When the trend is down, exposure to equities is reduced, and, when the trend is up, exposure to equities is increased. When out of the market, the investment will be in cash and cash equivalents. HCM actively manages this strategy by using a systematic, non-emotional methodology. The HCM Dividend Income strategies are designed for investors who are seeking long-term growth and income from high quality dividend paying funds. Fundamental analysis is used to analyze the value and earnings rate of S&P 500 stocks within the investments. Bond funds from all markets and sectors, which rotate among short-, medium-, and long-term bonds, as well as high-yield bonds, compliment the portfolio. The HCM-BuyLine® monitors market health to determine whether or not assets should be invested in the equity market or moved to cash and/or cash equivalents to protect capital. Multiple indicators are monitored to identify developing trends in the markets. The portfolio is rebalanced periodically, and it is possible for the allocation to be adjusted when the HCM-BuyLine® indicates a strengthening or weakening in the equity markets.0.23133.2110
ModelxChangeHoward Capital Management, Inc.Horizon Bond2151Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21510.85000This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds) using a strategy that rotates among short-, medium-, and long-term bonds; high-yield bonds; corporate bonds; treasuries; and occasionally international bonds. Multiple indicators are monitored to identify developing trends in the markets. Horizon Bond strategy trades bond funds, utilizing the Proactive Sector Rotation methodology. This program typically seeks to participate in domestic markets and sectors (but may on occasion trade global funds). 0.22002.5580
ModelxChangeIntegrated Capital ManagementBalanced ETF Strategy1/31/2019 12:00:00 AM4.6700-2.63977.09024.49714.6700-4.779112.78347.0592-1.65233.74215.455.461.080.742Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL420.200004. The Balanced ETF Strategy is an actively managed 50% equity, 50% fixed income strategy. iCM uses proprietary research techniques, specifically quantitative models to make over and underweight decisions from a global opportunity set of equities, fixed income and real assets. These decisions can include, but are not limited to, valuations by market cap, style, geography, credit qualities and curve positioning. Inception date: 1/1/2005. At iCM, we manage our portfolios utilizing a Global Tactical Asset Allocation strategy. While most advocate for a buy-and-hold asset allocation strategy, we believe that this is a flawed approach. Rather, we believe that current valuations play an important role in relative future returns among various asset classes. Through our approach we feel that we can add value over the investment cycle by tactically allocating our portfolios to areas of undervaluation in the market, while moving away from those asset classes that we feel are expensive. We are intent on understanding what markets imply by their current valuations, since markets tend to extrapolate recent events in a linear fashion to an unsustainable conclusion. We attempt to benefit from inflection points where the market is either overly optimistic or overly pessimistic. As a result, our portfolios are broadly diversified, but favor a series of assets likely to benefit from mean reversion.0.00500.3354
ModelxChangeIntegrated Capital ManagementDefensive Growth ETF1/31/2019 12:00:00 AM3.8100-1.17106.03534.53933.8100-3.170210.78295.7288-0.06785.52364.314.241.110.941Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL410.200003. The Defensive Growth ETF Strategy is an actively managed 35% equity, 65% fixed income strategy. iCM uses proprietary research techniques, specifically quantitative models to make over and underweight decisions from a global opportunity set of equities, fixed income and real assets. These decisions can include, but are not limited to, valuations by market cap, style, geography, credit qualities and curve positioning. 1/1/2005. At iCM, we manage our portfolios utilizing a Global Tactical Asset Allocation strategy. While most advocate for a buy-and-hold asset allocation strategy, we believe that this is a flawed approach. Rather, we believe that current valuations play an important role in relative future returns among various asset classes. Through our approach we feel that we can add value over the investment cycle by tactically allocating our portfolios to areas of undervaluation in the market, while moving away from those asset classes that we feel are expensive. We are intent on understanding what markets imply by their current valuations, since markets tend to extrapolate recent events in a linear fashion to an unsustainable conclusion. We attempt to benefit from inflection points where the market is either overly optimistic or overly pessimistic. As a result, our portfolios are broadly diversified, but favor a series of assets likely to benefit from mean reversion.0.00500.3055
ModelxChangeIntegrated Capital ManagementFixed Income Completion ETF1/31/2019 12:00:00 AM1.64001.88692.87642.81701.64000.15274.31863.33940.66705.32012.112.080.8112591Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25910.200001. The Fixed Income Completion ETF Strategy is an actively managed 100% fixed income strategy. iCM uses proprietary research techniques, specifically quantitative models to make over and underweight decisions from a global opportunity set of fixed income assets. These decisions can include, but aren't limited to, valuations by issuer, geography, credit qualities and curve positioning. Inception date: 4/1/2009. At iCM, we manage our portfolios utilizing a Global Tactical Asset Allocation strategy. While most advocate for a buy-and-hold asset allocation strategy, we believe that this is a flawed approach. Rather, we believe that current valuations play an important role in relative future returns among various asset classes. Through our approach we feel that we can add value over the investment cycle by tactically allocating our portfolios to areas of undervaluation in the market, while moving away from those asset classes that we feel are expensive. We are intent on understanding what markets imply by their current valuations, since markets tend to extrapolate recent events in a linear fashion to an unsustainable conclusion. We attempt to benefit from inflection points where the market is either overly optimistic or overly pessimistic. As a result, our portfolios are broadly diversified, but favor a series of assets likely to benefit from mean reversion.0.00500.2852
ModelxChangeIntegrated Capital ManagementIncome & Inflation Hedge ETF1/31/2019 12:00:00 AM2.90000.13874.73223.73242.9000-1.78828.10224.71550.07275.12363.12.991.14140Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL400.200002. The Income & Inflation Hedge ETF Strategy is an actively managed 20% equity, 80% fixed income strategy. iCM uses proprietary research techniques, specifically quantitative models to make over and underweight decisions from a global opportunity set of equities, fixed income and real assets. These decisions can include, but are not limited to, valuations by market cap, style, geography, credit qualities and curve positioning. Inception date: 1/1/2005. At iCM, we manage our portfolios utilizing a Global Tactical Asset Allocation strategy. While most advocate for a buy-and-hold asset allocation strategy, we believe that this is a flawed approach. Rather, we believe that current valuations play an important role in relative future returns among various asset classes. Through our approach we feel that we can add value over the investment cycle by tactically allocating our portfolios to areas of undervaluation in the market, while moving away from those asset classes that we feel are expensive. We are intent on understanding what markets imply by their current valuations, since markets tend to extrapolate recent events in a linear fashion to an unsustainable conclusion. We attempt to benefit from inflection points where the market is either overly optimistic or overly pessimistic. As a result, our portfolios are broadly diversified, but favor a series of assets likely to benefit from mean reversion.0.00500.2947
ModelxChangeIntegrated Capital ManagementModerate Capital Appreciation ETF1/31/2019 12:00:00 AM6.5100-5.57779.41665.34946.5100-7.953518.07259.0817-2.99402.72448.218.3910.5844Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL440.200006. The Moderate Capital Appreciation ETF Strategy is an actively managed 80% equity, 20% fixed income strategy. iCM uses proprietary research techniques, specifically quantitative models to make over and underweight decisions from a global opportunity set of equities, fixed income and real assets. These decisions can include, but are not limited to, valuations by market cap, style, geography, credit qualities and curve positioning. Inception date: 1/1/2005. At iCM, we manage our portfolios utilizing a Global Tactical Asset Allocation strategy. While most advocate for a buy-and-hold asset allocation strategy, we believe that this is a flawed approach. Rather, we believe that current valuations play an important role in relative future returns among various asset classes. Through our approach we feel that we can add value over the investment cycle by tactically allocating our portfolios to areas of undervaluation in the market, while moving away from those asset classes that we feel are expensive. We are intent on understanding what markets imply by their current valuations, since markets tend to extrapolate recent events in a linear fashion to an unsustainable conclusion. We attempt to benefit from inflection points where the market is either overly optimistic or overly pessimistic. As a result, our portfolios are broadly diversified, but favor a series of assets likely to benefit from mean reversion.0.00500.3654
ModelxChangeIntegrated Capital ManagementRisk Controlled Growth ETF1/31/2019 12:00:00 AM5.3000-3.60387.90854.72605.3000-5.846714.54567.7114-2.21573.22376.376.461.050.6443Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL430.200005. The Risk Controlled Growth ETF Strategy is an actively managed 60% equity, 40% fixed income strategy. iCM uses proprietary research techniques, specifically quantitative models to make over and underweight decisions from a global opportunity set of equities, fixed income and real assets. These decisions can include, but are not limited to, valuations by market cap, style, geography, credit qualities and curve positioning. Inception date: 1/1/2005. At iCM, we manage our portfolios utilizing a Global Tactical Asset Allocation strategy. While most advocate for a buy-and-hold asset allocation strategy, we believe that this is a flawed approach. Rather, we believe that current valuations play an important role in relative future returns among various asset classes. Through our approach we feel that we can add value over the investment cycle by tactically allocating our portfolios to areas of undervaluation in the market, while moving away from those asset classes that we feel are expensive. We are intent on understanding what markets imply by their current valuations, since markets tend to extrapolate recent events in a linear fashion to an unsustainable conclusion. We attempt to benefit from inflection points where the market is either overly optimistic or overly pessimistic. As a result, our portfolios are broadly diversified, but favor a series of assets likely to benefit from mean reversion.0.00500.3725
ModelxChangeInvestors Asset Management of GeorgiaInvestors CHOICE Balanced Portfolio1/31/2019 12:00:00 AM5.4466-1.00218.66616.10155.4466-3.532512.68117.70480.32327.09937.167.261.040.762108Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21080.35000This portfolio, the Qualified Default Investment Alternative (QDIA) for 401(k) plans, strives to have 60% invested in stock funds and 40% invested in bond funds and/or cash. The Investors CHOICE model portfolio program is a managed account service that allows clients to select one of 5 portfolios that align with their individual risk tolerance. The Investors CHOICE Balanced Portfolio, our Qualified Default Investment Alternative (QDIA) in retirement plans, is more than half allocated to stocks. This should result in higher returns with somewhat greater volatility than the most conservative of our portfolios and is appropriate for investors with more than a 5 year time horizon.0.01000.4903
ModelxChangeInvestors Asset Management of GeorgiaInvestors CHOICE Conservative Portfolio1/31/2019 12:00:00 AM2.17671.31423.91793.17152.1767-0.23455.57143.68340.46734.35872.562.551.060.962106Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21060.35000This portfolio seeks modest, consistent returns with lower volatility through a large allocation to bonds and/or cash. The Investors CHOICE model portfolio program is a managed account service that allows clients to select one of 5 portfolios that align with their individual risk tolerance. The Investors CHOICE Conservative Portfolio is diversified into major low cost index funds and Exchange Traded Funds (ETF's) and seeks lower volatility through a large allocation to bond and cash investments. The small allocation to stocks allows for modest growth but may result in a degree of principal volatility at times. This portfolio is appropriate for investors with a 3 to 5 year time horizon who are most comfortable with lower risk.0.01500.5413
ModelxChangeInvestors Asset Management of GeorgiaInvestors CHOICE Growth Portfolio1/31/2019 12:00:00 AM8.9184-3.628813.49718.85508.9184-7.323720.080112.12730.11229.222912.112.281.020.72110Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21100.35000This portfolio seeks high long term capital growth through a diversified equity portfolio. The Investors CHOICE model portfolio program is a managed account service that allows clients to select one of 5 portfolios that align with their individual risk tolerance. The Investors CHOICE Growth Portfolio is a true growth portfolio that normally has a complete allocation to the equity market. The portfolio is diversified into major low cost equity index funds and Exchange Traded Funds (ETF's). It is appropriate for investors with a longer term horizon who can accept a higher degree of volatility to achieve maximum growth. This fund also allows the manager flexibility in times of extreme market turmoil (such as 2009) to become defensive for short periods by moving some of the assets into cash or bond index funds. 0.4225
ModelxChangeInvestors Asset Management of GeorgiaInvestors CHOICE Moderate Growth Portfolio1/31/2019 12:00:00 AM7.3191-1.631511.54298.06287.3191-4.727217.01189.84230.90598.99419.529.671.080.782109Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21090.35000This portfolio seeks long term capital growth with an increasing allocation to stocks compared to the Conservative or Balanced Portfolio. The portfolio normally will have a 80% allocation diversified in the equity market, with a 20% allocation to bonds and/or cash to temper risk. The Investors CHOICE model portfolio program is a managed account service that allows clients to select one of 5 portfolios that align with their individual risk tolerance. The Investors CHOICE Moderate Growth Portfolio seeks long term growth through a larger stock allocation with a smaller position in bonds to temper risk. Because of the higher concentration in stocks, the portfolio will experience a higher degree of risk/return and is best for more aggressive investors who have a 7 to 10 year time horizon or longer.0.00500.4538
ModelxChangeInvestors Asset Management of GeorgiaInvestors CHOICE Moderately Conservative Portfolio1/31/2019 12:00:00 AM3.91111.18026.63025.01063.9111-0.89709.37745.37260.71346.31604.844.881.110.882107Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL21070.35000This portfolio strives to maintain an approximate 60% bond/cash allocation and 40% equities. This is slightly more aggressive than the conservative portfolio which should result in somewhat higher returns with slightly higher volatility. The Investors CHOICE model portfolio program is a managed account service that allows clients to select one of 5 portfolios that align with their individual risk tolerance. The Investors CHOICE Moderately Conservative Portfolio is diversified into major low cost index funds and Exchange Traded Funds (ETF's) and has a slightly higher allocation to stocks than the Conservative Portfolio but still has a majority position in bond or cash type investments. It has a modestly higher return potential than the Conservative Portfolio with slightly more risk. This portfolio is appropriate for investors with a 3 to 5 year time horizon who are most comfortable with lower risk.0.01000.5068
ModelxChangeIronshore Financial, LLCIronshore Aggressive Allocation 90:101/31/2019 12:00:00 AM7.9846-5.068311.63767.39517.9846-8.174321.81628.9779-0.55415.660010.2510.381.020.673496Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34960.20000The Ironshore Aggressive Allocation 90:10 portfolio seeks to provide high level of long-term capital appreciation without regard to generation of current income. The portfolio is expected to expose investors to a high level of risk that is commensurate with its asset allocation. The portfolio’s target allocation is 90% equity and 10% fixed income. Ironshore employs a valuation-based asset allocation strategy, which represents a core/satellite approach to the portfolio asset allocation decision. The “core” establishes target, “neutral” allocations to broad asset categories and sub-categories. These neutral allocations are strategic in nature, designed to support a long-term investment horizon over complete market cycles. The “satellite” component incorporates tolerance ranges to accommodate variation to the neutral allocations for tactical adjustments in response to short-term economic and market expectations. Similar to the core/satellite approach to asset allocation, Ironshore uses passively managed securities to build a core foundation to the portfolio. Actively managed investments are used to supplement index returns in asset classes or market environments where manager skill and active risk are deemed to provide opportunity for enhanced performance.0.01370.6087
ModelxChangeIronshore Financial, LLCIronshore Balanced Allocation 50:501/31/2019 12:00:00 AM4.7972-2.04867.76265.25434.7972-4.785512.85448.3694-0.95875.87096.056.11.080.753500Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35000.20000The Ironshore Balanced Allocation 50:50 portfolio seeks to provide growth of capital and current income with an asset mix equally distributed between stocks and bonds. The portfolio’s target allocation is 50% equity and 50% fixed income. Ironshore employs a valuation-based asset allocation strategy, which represents a core/satellite approach to the portfolio asset allocation decision. The “core” establishes target, “neutral” allocations to broad asset categories and sub-categories. These neutral allocations are strategic in nature, designed to support a long-term investment horizon over complete market cycles. The “satellite” component incorporates tolerance ranges to accommodate variation to the neutral allocations for tactical adjustments in response to short-term economic and market expectations. Similar to the core/satellite approach to asset allocation, Ironshore uses passively managed securities to build a core foundation to the portfolio. Actively managed investments are used to supplement index returns in asset classes or market environments where manager skill and active risk are deemed to provide opportunity for enhanced performance.0.01310.5527
ModelxChangeIronshore Financial, LLCIronshore Conservative Allocation 30:701/31/2019 12:00:00 AM3.5127-0.50435.94354.19183.5127-3.32888.56348.2757-1.33745.97024.524.461.050.783502Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35020.20000The Ironshore Conservative Allocation 30:70 strategy is a predominantly fixed income portfolio that seeks to provide a minimum level of capital appreciation opportunity through investment in domestic and foreign equities. The portfolio’s target allocation is 30% equity and 70% fixed income. Ironshore employs a valuation-based asset allocation strategy, which represents a core/satellite approach to the portfolio asset allocation decision. The “core” establishes target, “neutral” allocations to broad asset categories and sub-categories. These neutral allocations are strategic in nature, designed to support a long-term investment horizon over complete market cycles. The “satellite” component incorporates tolerance ranges to accommodate variation to the neutral allocations for tactical adjustments in response to short-term economic and market expectations. Similar to the core/satellite approach to asset allocation, Ironshore uses passively managed securities to build a core foundation to the portfolio. Actively managed investments are used to supplement index returns in asset classes or market environments where manager skill and active risk are deemed to provide opportunity for enhanced performance.0.01260.5244
ModelxChangeIronshore Financial, LLCIronshore Focused Growth 80:201/31/2019 12:00:00 AM7.1345-4.174510.56376.83047.1345-7.188319.35558.6605-0.56685.71999.049.151.030.693497Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34970.20000The Ironshore Focused Growth 80:20 portfolio seeks growth of capital over a long-term investment horizon while tempering volatility with a meaningful allocation to fixed income. The portfolio’s target allocation is 80% equity and 20% fixed income. Ironshore employs a valuation-based asset allocation strategy, which represents a core/satellite approach to the portfolio asset allocation decision. The “core” establishes target, “neutral” allocations to broad asset categories and sub-categories. These neutral allocations are strategic in nature, designed to support a long-term investment horizon over complete market cycles. The “satellite” component incorporates tolerance ranges to accommodate variation to the neutral allocations for tactical adjustments in response to short-term economic and market expectations. Similar to the core/satellite approach to asset allocation, Ironshore uses passively managed securities to build a core foundation to the portfolio. Actively managed investments are used to supplement index returns in asset classes or market environments where manager skill and active risk are deemed to provide opportunity for enhanced performance.0.01360.5939
ModelxChangeIronshore Financial, LLCIronshore Focused Income 40:601/31/2019 12:00:00 AM4.1155-1.11046.78934.73624.1155-3.903910.46598.2875-1.05656.08315.125.121.090.793501Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL35010.20000The Ironshore Focused Income 40:60 portfolio seeks to provide some opportunity for capital appreciation but greater emphasis is place on current income and reducing overall portfolio volatility. The portfolio’s target allocation is 40% equity and 60% fixed income. Ironshore employs a valuation-based asset allocation strategy, which represents a core/satellite approach to the portfolio asset allocation decision. The “core” establishes target, “neutral” allocations to broad asset categories and sub-categories. These neutral allocations are strategic in nature, designed to support a long-term investment horizon over complete market cycles. The “satellite” component incorporates tolerance ranges to accommodate variation to the neutral allocations for tactical adjustments in response to short-term economic and market expectations. Similar to the core/satellite approach to asset allocation, Ironshore uses passively managed securities to build a core foundation to the portfolio. Actively managed investments are used to supplement index returns in asset classes or market environments where manager skill and active risk are deemed to provide opportunity for enhanced performance.0.01310.5376
ModelxChangeIronshore Financial, LLCIronshore Growth & Income 70:301/31/2019 12:00:00 AM6.5365-3.72269.84316.36036.5365-6.749617.48108.9926-0.91715.70428.258.341.040.73498Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34980.20000The Ironshore Growth & Income 70:30 portfolio seeks to provide a diversified mix of equity and fixed income investments that will generate current income while seeking growth of capital over a long-term investment horizon. The portfolio’s target allocation is 70% equity and 30% fixed income. Ironshore employs a valuation-based asset allocation strategy, which represents a core/satellite approach to the portfolio asset allocation decision. The “core” establishes target, “neutral” allocations to broad asset categories and sub-categories. These neutral allocations are strategic in nature, designed to support a long-term investment horizon over complete market cycles. The “satellite” component incorporates tolerance ranges to accommodate variation to the neutral allocations for tactical adjustments in response to short-term economic and market expectations. Similar to the core/satellite approach to asset allocation, Ironshore uses passively managed securities to build a core foundation to the portfolio. Actively managed investments are used to supplement index returns in asset classes or market environments where manager skill and active risk are deemed to provide opportunity for enhanced performance.0.01310.5811
ModelxChangeIronshore Financial, LLCIronshore Moderate Allocation 60:401/31/2019 12:00:00 AM5.9281-2.73419.06766.00135.9281-5.785315.36738.8888-0.89256.01467.327.391.070.733499Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL34990.20000The Ironshore Moderate Allocation 60:40 portfolio seeks to provide a moderate level of capital appreciation and current income through a diversified mix of assets that are sufficiently uncorrelated to protect the investor from significant market downfall. The portfolio’s target allocation is 60% equity and 40% fixed income. Ironshore employs a valuation-based asset allocation strategy, which represents a core/satellite approach to the portfolio asset allocation decision. The “core” establishes target, “neutral” allocations to broad asset categories and sub-categories. These neutral allocations are strategic in nature, designed to support a long-term investment horizon over complete market cycles. The “satellite” component incorporates tolerance ranges to accommodate variation to the neutral allocations for tactical adjustments in response to short-term economic and market expectations. Similar to the core/satellite approach to asset allocation, Ironshore uses passively managed securities to build a core foundation to the portfolio. Actively managed investments are used to supplement index returns in asset classes or market environments where manager skill and active risk are deemed to provide opportunity for enhanced performance.0.01340.5684
ModelxChangeiSectors, LLCiSectors Capital Preservation Allocation1/31/2019 12:00:00 AM1.01001.37702.02030.88131.01000.48381.46592.8117-0.7742-0.63700.821.11.020.15176Short-Term Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1760.30000The 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. 0.6427
ModelxChangeiSectors, LLCiSectors Domestic Equity Allocation1/31/2019 12:00:00 AM7.3000-0.703211.42569.44507.3000-4.756515.812013.27360.216713.186210.2510.0910.881442Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14420.40000The 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. 0.7788
ModelxChangeiSectors, LLCiSectors Domestic Fixed Income Allocation1/31/2019 12:00:00 AM2.01002.06572.0100-0.06552.29692569Multisector Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL25690.30000The iSectors® Domestic Fixed Income Allocation is a strategic portfolio that seeks to provide investors with current income. The Domestic Fixed Income Allocation invests exclusively in U.S. fixed income securities through a selection of investment grade and high yield corporate securities laddered up to five years in maturity. Two percent of the portfolio is allocated to money market instruments to provide liquidity and facilitate transactions. The model is intended for investors with a conservative risk utility or for a conservative portion of a broader asset allocation. The Domestic Fixed Income Allocation seek to benefit from exchange traded fund’s low investment expenses, transparency, liquidity and diversification compared to most actively-managed mutual funds. 0.5280
ModelxChangeiSectors, LLCiSectors Endowment Allocation1/31/2019 12:00:00 AM7.3500-2.74867.92203.57207.3500-7.269211.83639.0573-6.60553.16087.667.780.880.4187Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1870.40000iSectors® 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. 0.00691.6861
ModelxChangeiSectors, LLCiSectors Enhanced Aggressive Allocation1/31/2019 12:00:00 AM6.6100-0.383011.57289.42156.6100-3.915016.014613.1772-0.556713.79869.699.931.060.894076Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40760.40000The objective of the iSectors Enhanced Aggressive Allocation is to provide long term growth of capital with market levels of downside risk. This allocation blends 80% to a fundamental equity strategy focused on owning stocks of large multinational companies that have increased their dividends every year for many consecutive years with a 20% satellite allocation to iSectors exclusive Post-MPT dynamic strategy. This dynamic satellite strategy reoptimizes its portfolio allocation each month based on an objective quantitative algorithm that considers monthly changes in 15 economic and capital market factors.0.7376
ModelxChangeiSectors, LLCiSectors Enhanced Balanced Allocation1/31/2019 12:00:00 AM4.17000.48177.80136.22884.1700-1.987610.41529.0936-0.70229.10405.986.31.10.884078Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40780.40000The objective of the iSectors Enhanced Balanced Allocation is to provide long term growth of capital and modest income with moderate downside risk. This allocation blends 40% to a sophisticated short-term laddered bond strategy and 40% to a fundamental equity strategy focused on owning stocks of large multinational companies that have increased their dividends every year for many consecutive years with a 20% satellite allocation to iSectors exclusive Post-MPT dynamic strategy. This dynamic satellite strategy reoptimizes its portfolio allocation each month based on an objective quantitative algorithm that considers monthly changes in 15 economic and capital market factors. The portfolio is intended for investors with a moderate risk utility and an intermediate time horizon. This advanced multifaceted allocation model, though sophisticated and complex, is developed using low cost, highly liquid and transparent index-based ETFs and maintained monthly by iSectors expert investment professionals.0.6773
ModelxChangeiSectors, LLCiSectors Enhanced Conservative Allocation1/31/2019 12:00:00 AM3.43001.33786.08244.71673.4300-1.04307.67147.0659-0.85616.81294.284.61.130.874079Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40790.40000The objective of the iSectors Enhanced Conservative Allocation is to provide income and moderate long-term growth with limited downside risk. This allocation blends 60% to a sophisticated short-term laddered bond strategy and 20% to a fundamental equity strategy focused on owning stocks of large multinational companies that have increased their dividends every year for many consecutive years with a 20% satellite allocation to iSectors exclusive Post-MPT dynamic strategy. This dynamic satellite strategy reoptimizes its portfolio allocation each month based on an objective quantitative algorithm that considers monthly changes in 15 economic and capital market factors. The portfolio is intended for investors with a conservative risk utility and an intermediate time horizon. This advanced multifaceted allocation model, though sophisticated and complex, is developed using low cost, highly liquid and transparent index-based ETFs and maintained monthly by iSectors expert investment professionals.0.6472
ModelxChangeiSectors, LLCiSectors Enhanced Growth Allocation1/31/2019 12:00:00 AM5.55000.21019.73597.86115.5500-2.951413.170311.1457-0.619011.46907.868.121.080.894077Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40770.40000The objective of the iSectors Enhanced Conservative Allocation is to provide income and moderate long-term growth with limited downside risk. This allocation blends 60% to a sophisticated short-term laddered bond strategy and 20% to a fundamental equity strategy focused on owning stocks of large multinational companies that have increased their dividends every year for many consecutive years with a 20% satellite allocation to iSectors exclusive Post-MPT dynamic strategy. This dynamic satellite strategy reoptimizes its portfolio allocation each month based on an objective quantitative algorithm that considers monthly changes in 15 economic and capital market factors0.7075
ModelxChangeiSectors, LLCiSectors Enhanced Income Allocation1/31/2019 12:00:00 AM2.37001.86104.27303.14642.3700-0.10915.02445.0405-1.04114.55202.673.011.150.814080Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL40800.40000The objective of the iSectors Enhanced Income Allocation is to provide capital preservation along with income in excess of money market funds. This allocation blends 80% to a sophisticated short-term laddered bond strategy with a 20% satellite allocation to iSectors exclusive Post-MPT dynamic strategy. This dynamic satellite strategy reoptimizes its portfolio allocation each month based on an objective quantitative algorithm that considers monthly changes in 15 economic and capital market factors. The portfolio is intended for investors mostly concerned about volatility of principle with better than money market interest rates and a relatively short investment time horizon. This advanced multifaceted allocation model, though sophisticated and complex, is developed using low cost, highly liquid and transparent index-based ETFs and maintained monthly by iSectors expert investment professionals.0.6170
ModelxChangeiSectors, LLCiSectors Global Balanced Allocation1/31/2019 12:00:00 AM4.4200-1.50696.81473.94924.4200-3.978111.78076.7326-3.83663.07995.715.980.980.56181Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1810.40000The 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. 0.7596
ModelxChangeiSectors, LLCiSectors Global Conservative Allocation1/31/2019 12:00:00 AM3.1400-0.21285.12752.48323.1400-2.44779.58784.5427-4.07250.85133.844.121.020.44180Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1800.40000The 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. 0.7241
ModelxChangeiSectors, LLCiSectors Global Equity Allocation1/31/2019 12:00:00 AM7.4900-3.943611.11057.33947.4900-7.419818.081512.2487-3.38057.246710.0110.150.990.68185Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1850.40000The 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. 0.8112
ModelxChangeiSectors, LLCiSectors Global Fixed Income Allocation1/31/2019 12:00:00 AM1.75000.98882.53810.44851.7500-0.84745.25231.8599-4.3780-1.48962.392.610.57-0.09186World Bondhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1860.40000The 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. 0.6950
ModelxChangeiSectors, LLCiSectors Global Growth Allocation1/31/2019 12:00:00 AM6.0500-2.80209.10905.74796.0500-5.762415.10089.7274-3.61035.19797.958.120.990.64183Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1830.40000The 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. 0.7822
ModelxChangeiSectors, LLCiSectors Inflation Protection Allocation1/31/2019 12:00:00 AM4.8200-3.04485.7856-0.63114.8200-5.91227.386712.0847-13.4600-5.23807.268.150.65-0.13190Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1900.50000For 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.0.01740.01740.8450
ModelxChangeiSectors, LLCiSectors Liquid Alternatives Allocation1/31/2019 12:00:00 AM5.4400-0.76377.16431.84145.4400-4.18028.84717.9923-7.8689-0.46046.256.660.960.2189Multialternativehttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1890.50000The 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.0.01250.01751.8841
ModelxChangeiSectors, LLCiSectors Post-MPT Growth Allocation1/31/2019 12:00:00 AM3.8200-1.34729.40167.25053.8200-2.810513.91369.7309-4.538515.1585910.640.920.641443Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14430.50000The 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. 0.6730
ModelxChangeiSectors, LLCiSectors Post-MPT Moderate Allocation1/31/2019 12:00:00 AM3.95000.34317.76045.84303.9500-2.466014.84606.4371-3.756611.42717.2880.910.66346Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL3460.50000The 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.0.6713
ModelxChangeiSectors, LLCiSectors Precious Metals Allocation1/31/2019 12:00:00 AM3.7900-2.46468.44160.08833.7900-4.428620.163610.6278-16.7287-7.491415.2316.470.530.04179Commodities Precious Metalshttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1790.50000iSectors® 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. 0.7250
ModelxChangeiSectors, LLCiSectors Tactical Global Balanced Allocation1/31/2019 12:00:00 AM0.9400-4.56553.49861.42680.9400-1.23748.73771.4453-3.9543-0.7048191Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL1910.50000Investment 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. 0.6322
ModelxChangeiSectors, LLCiSectors Tax-Wise Income Allocation1/31/2019 12:00:00 AM3047Muni Otherhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL30470.30000The iSectors® Tax-Wise Income Allocation is a model portfolio strategically allocated and managed for tax sensitive investors seeking fixed income for a portion or all of their portfolio. The iSectors® Tax-Wise Income Allocation invests in select municipal bond exchange-traded funds (ETFs) and laddered specific maturity date municipal bond ETFs. The allocation’s average duration is less than 6, with an average investment grade credit rating. 0.4240
ModelxChangeITS Asset Management, L.P.ITS Dynamic Conservative1/31/2019 12:00:00 AM1.25182.21190.35441.2518-0.6649-5.14161.93981492Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14920.45000Seeks total return commensurate with a lower level of aggregate equity risk relative to other ITS dynamic allocation strategies. Active management is driven primarily by equity stage shifting and style rotation. The strategy features a monthly trade capability, with equity and fixed income allocations determined by investment Stage. Stage 1 represents the lowest equity allocation at 15%, while Stage 3 contains the highest equity exposure at 50%. Therefore, the maximum overall range for the portfolio is 50% equity and 85% fixed income. For equity, all domestic and foreign style-oriented categories may be utilized. For fixed income, all fund categories are investable. Inverse and leveraged funds are excluded. The strategy has a +/-3% rebalance tolerance per position based upon model allocations.0.7300
ModelxChangeITS Asset Management, L.P.ITS Dynamic Growth1/31/2019 12:00:00 AM2.66853.56900.68452.6685-0.4000-6.57222.84611494Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14940.45000Seeks total return commensurate with a higher level of aggregate equity risk relative to other ITS dynamic allocation strategies. Active management is driven primarily by equity stage shifting and style rotation. The strategy features a monthly trade capability, with equity and fixed income allocations determined by investment Stage. Stage 1 represents the lowest equity allocation at 50%, while Stage 3 contains the highest equity exposure at 85%. Therefore, the maximum overall range for the portfolio is 85% equity and 50% fixed income. For equity, all domestic and foreign style-oriented categories may be utilized. For fixed income, all fund categories are investable. Inverse and leveraged funds are excluded. The strategy has a +/-3% rebalance tolerance per position based upon model allocations.0.6552
ModelxChangeITS Asset Management, L.P.ITS Dynamic Moderate1/31/2019 12:00:00 AM2.0648-4.21264.95421.93562.0648-3.226912.3639-0.0336-5.56143.16615.145.770.740.241493Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14930.45000Seeks total return commensurate with a moderate level of aggregate equity risk relative to other ITS dynamic allocation strategies. Active management is driven primarily by equity stage shifting and style rotation. The strategy features a monthly trade capability, with equity and fixed income allocations determined by investment Stage. Stage 1 represents the lowest equity allocation at 35%, while Stage 3 contains the highest equity exposure at 65%. Therefore, the maximum overall range for the portfolio is 65% equity and 65% fixed income. For equity, all domestic and foreign style-oriented categories may be utilized. For fixed income, all fund categories are investable. Inverse and leveraged funds are excluded. The strategy has a +/-3% rebalance tolerance per position based upon model allocations.0.02850.7572
ModelxChangeITS Asset Management, L.P.ITS Global Premier1/31/2019 12:00:00 AM2.4815-5.74045.30752.18422.4815-4.737913.00002.5381-4.62123.27416.436.750.660.251490Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL14900.45000Seeks a high level of total return emphasizing capital appreciation through a flexible global multi-asset allocation approach. Active management is driven primarily by macro market trends and geo-thematic factors. The strategy features a monthly trade capability, with investments structured in tiers. Tier 1 contains the highest allocations, while Tier 3 contains the lowest. Overall the portfolio may range between 100% equity and 100% fixed income. For both equity and fixed income allocations, all fund categories are investable with the exception of leveraged funds, which are excluded. The strategy has a +/-3% rebalance tolerance per position based upon model allocations.0.7677
ModelxChangeITS Asset Management, L.P.ITS Global Unconstrained1/31/2019 12:00:00 AM1.5982-2.62151.5982-4.08551.59472428Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24280.45000Description to be added at a later date.0.7804
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 11495Allocation--30% to 50% Equityhttps://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.0.07750.05201.0232
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 21496Allocation--50% to 70% Equityhttps://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.0.07250.04351.0172
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 31497Allocation--50% to 70% Equityhttps://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.0.06500.04001.0100
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 41498Allocation--50% to 70% Equityhttps://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.0.06000.05701.0184
ModelxChangeITS Asset Management, L.P.ITS Managed Portfolio Series Level 51499Allocation--70% to 85% Equityhttps://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.0.04250.05351.0031
ModelxChangeITS Asset Management, L.P.ITS Tactical CTA2284Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL22840.45000The ITS Tactical CTA strategy seeks capital appreciation by investing opportunistically in both equity and fixed income. Active management of the strategy is driven primarily by macro market indicators, which are used to generate offensive, defensive, or balanced allocation signals. Overall, allocations may range from 100% equity to 100% fixed income.0.00500.7621
ModelxChangeITS Asset Management, L.P.ITS Tactical Equity1/31/2019 12:00:00 AM2.7936-2.60752.7936-2.92108.50062427Tactical Allocationhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL24270.45000Description to be added at a later date.0.7279
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. The portfolio team builds JAForlines 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. The JAForlines Global Tactical Allocation portfolio is used primarily as a "core" holding for Reps and Advisors high net worth clients.0.8344
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. The portfolio team builds the JAForlines 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. The JAForlines Global Tactical Allocation portfolio is used primarily as a "core" holding for Reps and Advisors high net worth clients. 0.8303
ModelxChangeJAForlines GlobalGlobal Tactical Allocation Income1537Allocation--30% to 50% Equityhttps://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.0.8028
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. The portfolio team builds the JAForlines 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. The JAForlines Global Tactical Allocation portfolio is used primarily as a "core" holding for Reps and Advisors high net worth clients and is available in Defined Contribution Plans.0.8207
ModelxChangeKerns Capital Management, Inc.KCM Dynamic Aggressive2748Allocation--85%+ Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27480.45000The KCM Dynamic Aggressive portfolio is designed to be a comprehensive investment solution for plan participants who are aggressive as to risk tolerance. In general, the appropriate plan participant for this portfolio is one looking for growth of capital, is willing to assume larger fluctuations in the financial markets, and does not need to access their retirement funds soon. KCM’s Dynamic risk-based portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation. 0.6164
ModelxChangeKerns Capital Management, Inc.KCM Dynamic Conservative2744Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27440.45000The KCM Dynamic Conservative portfolio is designed to be a comprehensive investment solution for plan participants who are conservative as to risk tolerance. 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. KCM’s Dynamic risk-based portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation. 0.6614
ModelxChangeKerns Capital Management, Inc.KCM Dynamic Moderate2746Allocation--50% to 70% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27460.45000The KCM Dynamic Moderate portfolio is designed to be a comprehensive investment solution for plan participants who are moderate as to risk tolerance. 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. KCM’s Dynamic risk-based portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation. 0.6514
ModelxChangeKerns Capital Management, Inc.KCM Dynamic Moderately Aggressive2747Allocation--70% to 85% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27470.45000The KCM Dynamic Moderately Aggressive portfolio is designed to be a comprehensive investment solution for plan participants who are moderately aggressive as to risk tolerance. In general, the appropriate plan participant for this portfolio is one looking for growth of capital, is willing to assume some fluctuations in the financial markets, and may not need to access their retirement funds soon. KCM’s Dynamic risk-based portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation. 0.6358
ModelxChangeKerns Capital Management, Inc.KCM Dynamic Moderately Conservative2745Allocation--30% to 50% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27450.45000The KCM Dynamic Moderately Conservative portfolio is designed to be a comprehensive investment solution for plan participants who are moderately conservative as to risk tolerance. 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. KCM’s Dynamic risk-based portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation. 0.6623
ModelxChangeKerns Capital Management, Inc.KCM Retirement Income2605Target-Date 2015https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26050.45000The KCM Smart Glide Retirement Income portfolio is designed to be a comprehensive investment solution for recently retired plan participants or those planning to retire prior to 2018. 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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.0.6647
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20202627Target-Date 2020https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26270.45000The KCM Smart Glide 2020 portfolio is designed to be a comprehensive investment solution for plan participants planning to retire between the years 2018-2023. 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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.0.6614
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20252628Target-Date 2025https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26280.45000The KCM Smart Glide 2025 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2023-2028. In general, the appropriate plan participant for this portfolio is one who is willing to assume modest 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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.0.6623
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20302629Target-Date 2030https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26290.45000The KCM Smart Glide 2030 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2028-2033. In general, the appropriate plan participant for this portfolio is one who is willing to assume modest 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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. 0.6514
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20352630Target-Date 2035https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26300.45000The KCM Smart Glide 2035 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2033-2038. 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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. 0.6464
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20402632Target-Date 2040https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26320.45000The KCM Smart Glide 2040 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2038-2043. 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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. 0.6358
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20452633Target-Date 2045https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL26330.45000The KCM Smart Glide 2045 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2043-2048. 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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. 0.6296
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20502751Target-Date 2050https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27510.45000The KCM Smart Glide 2050 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2048-2053. In general, the appropriate plan participant for this portfolio is one who is willing to assume 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. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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. 0.6190
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20552749Target-Date 2055https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27490.45000The KCM Smart Glide 2055 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2053-2058. In general, the appropriate plan participant for this portfolio is one who is willing to assume larger fluctuations in the financial markets during their working years and leading up to retirement, and/or does not need to access their retirement funds until years after retirement. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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.0.6164
ModelxChangeKerns Capital Management, Inc.KCM Smart Glide 20602750Target-Date 2060+https://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL27500.45000The KCM Smart Glide 2055 portfolio is designed to be a comprehensive investment solution for plan participants expecting to retire between the years 2053-2058. In general, the appropriate plan participant for this portfolio is one who is willing to assume larger fluctuations in the financial markets during their working years and leading up to retirement, and/or does not need to access their retirement funds until years after retirement. KCM’s Smart Glide portfolios utilize Modern Portfolio Theory and take into account aspects of Behavioral Finance and forward-looking financial market conditions. KCM’s process is based on a combination of tactical and strategic investment principles designed to protect against catastrophic loss and optimize the asset allocation given multiple date ranges. 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, KCM Smart Glide 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. 0.6164
ModelxChangekPlans Investment ServicesFirst Water Cash Balance Conservative1/31/2019 12:00:00 AM1.4244-2.08201.14531.4244-2.99372.52162890Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL28900.25000This strategy seeks investment returns within the “Cash Balance Safe Zone” of 1% to 6% each year to meet the ICR of Cash Balance Plans, being mindful of implications on firm cash flow for shortfalls and Preservation of Capital Rule. he Model utilizes a multi-manager, “fund of funds”, approach across multiple asset classes that is reviewed and rebalanced every 90 days. The strategy further utilizes a blend of active and passive strategies from equity and fixed income along with strategic alternative investments and cash holdings. A tactical risk management overlay allows for tactical moves within the 90 day period. The managers take into account the targeted Cash Balance Interest Credit Rate (falling within the 4%-6% range), the year to date performance and the current investment climate. As the strategy achieves its targeted range of return, the managers may lower the risk exposure in order to preserve the gain for the year.0.00960.7763
ModelxChangekPlans Investment ServicesFirst Water Cash Balance Moderate1/31/2019 12:00:00 AM1.7297-5.75451.10501.7297-6.46325.66022.90202885Allocation--15% to 30% Equityhttps://secure.macg.com/MATC_ToolkitFactSheet.aspx?TPA=44DE4969-613E-4B62-A005-04FAEAC06224&Model=MDL28850.25000This strategy seeks investment returns towards the upper end o