Madison Conservative Allocation Fund Class A (MCNAX)

Overview

The fund mentioned operates as a strategic investor, primarily focusing on pooling resources into various registered investment companies. It is designed to diversify investments by scattering its total net assets across different asset classes and underlying funds. A significant feature of its strategy involves the inclusion of exchange-traded funds (ETFs) in its portfolio. The investment policy aims to maintain a balanced allocation, favoring both equity investments and fixed income investments with target proportions over time being roughly 35% for equities and 65% for fixed income securities. This balanced approach allows the fund to navigate through various market conditions by leveraging the growth potential of equities and the stability of fixed income investments.

Products and Services

• Equity Investments

Consists of investments in shares of other registered investment companies, including but not limited to exchange-traded funds (ETFs) that are focused on equities. The fund aims to allocate approximately 35% of its total net assets to this asset class, seeking to tap into the growth potential of equity markets. This allocation is geared towards investors looking to benefit from the appreciation of stock values over time.

• Fixed Income Investments

This category involves investments in debt securities or funds focusing on fixed income instruments. The objective is to allocate about 65% of the fund's total net assets towards fixed income securities, aiming to provide investors with steady income streams and to reduce the overall portfolio risk. Such investments typically include government bonds, municipal bonds, and corporate bonds, providing a balance to the equity exposure.