Description

This fund aims to achieve its financial goals by primarily allocating capital to a combination of stocks and bonds. This can be accomplished directly, or indirectly through investments in various exchange-traded funds (ETFs) managed by the fund's manager or an affiliate, as well as other investment vehicles. Under normal market conditions, the sub-advisor strives to maintain a long-term strategic asset allocation, targeting approximately 80% in equity securities and 20% in fixed income securities. The portfolio's asset composition may be periodically reevaluated and rebalanced at the sub-advisor's discretion. It is expected that the underlying investments will consist of index funds designed to provide broad exposure to both stock and bond markets.