Asset Allocation

Defensive

This portfolio with a fixed income bias, may be appropriate for investors with a cautious risk tolerance and/or shorter investment time horizon. The focus of the strategy, primarily utilizing ETFs, is to mitigate overall volatility and provide downside protection, while producing total investment returns consistent with a more conservative portfolio over a market cycle.

Conservative

This portfolio may be suitable for the cautious investor, one with a lower risk tolerance and/or shorter investment time horizon. The portfolio combines modest potential for capital appreciation with potential for downside protection by investing in a diversified portfolio, generally with a fixed income bias.

Income Growth

This portfolio may be suitable for the investor looking for current income and income growth, with a secondary consideration of capital appreciation. This strategy seeks to provide above market income stream and temper volatility by exposure to dividend paying securities through investments, primarily in domestic and international Equity and Fixed Income ETFs, REITs and some alternatives.

Balanced

This portfolio may be suitable for the investor who wants to achieve steady growth, while limiting fluctuation to less than that of the overall stock market. The portfolio combines investments primarily in equity and fixed income ETFs to provide investors with balanced and varied exposure to the stock and bond markets. This portfolio may be appropriate for investors who primarily seek long-term capital appreciation with a more moderate risk profile.

Growth

This portfolio may be suitable for investors with a relatively high tolerance for risk and a longer investment time horizon. The main objective of this portfolio is capital appreciation, and investors should be able to tolerate fluctuations in their portfolio values. While this portfolio will experience volatility similar to that of the equity markets, exposure to fixed income markets may lower the volatility relative to an all-equity portfolio.

High Growth

This portfolio may be suitable for investors who have both a higher tolerance for risk and a long-term investment time horizon. The main objective of this portfolio is to construct a high growth portfolio. Investors should be able to tolerate substantial fluctuations in portfolio value from year to year. The portfolio seeks long term capital appreciation through investments primarily in domestic and international ETFs.