| NASDAQ Exchange | United States Country |
The fund described operates as an investment vehicle targeting a specific asset allocation between U.S. and non-U.S. equities, with a dominant focus on U.S. equity securities. By integrating a mix of both U.S. and international stocks, the fund aims at achieving a diversified investment portfolio for its investors. The fund's managing adviser plays a crucial role in determining the asset allocation, setting the fund's investment in fixed income select funds to a range of 0-10% and equity select funds to 90-100%. This strategic allocation is designed to adapt to changing market conditions and investment opportunities, with the adviser retaining the flexibility to adjust the fund’s portfolio without the need for shareholder approval. This approach allows for dynamic management of the fund's investments, aiming at optimizing returns while managing risk.
The fund primarily invests in the following:
Moreover, the advisory team reserves the right to modify the fund's allocation ranges or adjust the composition of select funds as deemed necessary without prior shareholder consent. This provision ensures that the fund can respond promptly to market changes, capitalizing on new investment opportunities or adjusting its portfolio composition to mitigate observed risks.