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Conservative Upgrader Fund

The Conservative Upgrader Fund (RELAX) is an active balanced approach that seeks growth and stability. With RELAX, you'll own an all-in-one portfolio of core stock funds and bond funds in one fund purchase.

Inception date

07/01/02

Invest directly or at major brokers

Minimum Investment

$1,000

No load
No redemption fee

Fund facts

Top holdings

as of 07/31/2022

Vanguard Market Neutral
VMNFX
8.29
iShares Short Tres Bond
SHV
7.01
PIMCO Trends Managed Fut Strat I
PQTIX
6.43
Gabelli ABC Adv
GADVX
6.28
Putnam Abs Rtn Y
PDMYX
6.25
PIMCO Fundamental Adv Tot Rtn Strat I
PFATX
5.78
Fidelity Real Estate Income
FRIFX
5.39
Principal Glb Multi-Strat I
PSMIX
5.17
XTrackers MSCI EAFE Hdgd Equity
DBEF
3.70
First Trust Morningstar Div Leaders
FDL
3.52
View more
Invesco S&P 500 Lo Vol
SPLV
3.52
iShares Core Hi Dividend
HDV
3.47
Invesco S&P 500 High Div Low Vol
SPHD
3.45
iShares Sel Dividend
DVY
3.44
Invesco S&P 500 Pure Val
RPV
3.29
SPDR S&P Dividend Etf
SDY
2.96
PIMCO 1-5 Yr U.S. TIPS
STPZ
2.90
iShares 0-5 Yr TIPS Bond
STIP
2.88
WisdomTree U.S. Lrg Cap Div
DLN
2.88
Hussman Strat Tot Ret
HSTRX
2.47
Janus Henderson Sht Dur Inc
VNLA
2.25
JPMorgan Ultra-Short Inc
JPST
2.24
Janus Henderson AAA CLO
JAAA
2.23
Thompson Bond
THOPX
2.10
Permanent Portfolio Permanent I
PRPFX
1.96
Cash
CASH
0.14

PORTFOLIO ALLOCATION

as of

% in portfolio

Core Equity
30.23
%
Balanced
5.78
%

FIXED INCOME

Low Volatility Equity
42.24
%
Short Term Bonds
19.51
%
Strategic Bonds
2.10
%
Cash
0.14
%
Total
100.00
%

Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds. References to other mutual funds should not be considered an offer of these securities. Global allocation is based on the most recent data available from Morningstar.

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund for the period ending 07/31/2022. It assumes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales charge or redemption fees. This chart does not imply any future performance.

Month End
Performance % to 07/31/2022 1 Mo YTD 1 Yr
RELAX 1.46 -11.15 -9.05
Mnst GlbMkt Lrg-Mid 6.97 -14.75 -10.82
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 6.19 -8.75 -5.09
Gross expense ratio 1.90%
Net expense ratio 1.90%

(includes underlying fund expenses) 

 

Quarter End
Performance % to 06/30/2022 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX -10.25 5.79 6.85 6.39 244.90
Mnst GlbMkt Lrg-Mid -16.09 6.86 N/A N/A N/A
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -9.55 6.63 8.39 8.05 370.39
Gross expense ratio 1.90%
Net expense ratio 1.90%

(includes underlying fund expenses) 

 

Top holdings

as of 07/31/2022

Vanguard Market Neutral
VMNFX
8.29
iShares Short Tres Bond
SHV
7.01
PIMCO Trends Managed Fut Strat I
PQTIX
6.43
Gabelli ABC Adv
GADVX
6.28
Putnam Abs Rtn Y
PDMYX
6.25
PIMCO Fundamental Adv Tot Rtn Strat I
PFATX
5.78
Fidelity Real Estate Income
FRIFX
5.39
Principal Glb Multi-Strat I
PSMIX
5.17
XTrackers MSCI EAFE Hdgd Equity
DBEF
3.70
First Trust Morningstar Div Leaders
FDL
3.52
Invesco S&P 500 Lo Vol
SPLV
3.52
iShares Core Hi Dividend
HDV
3.47
Invesco S&P 500 High Div Low Vol
SPHD
3.45
iShares Sel Dividend
DVY
3.44
Invesco S&P 500 Pure Val
RPV
3.29
SPDR S&P Dividend Etf
SDY
2.96
PIMCO 1-5 Yr U.S. TIPS
STPZ
2.90
iShares 0-5 Yr TIPS Bond
STIP
2.88
WisdomTree U.S. Lrg Cap Div
DLN
2.88
Hussman Strat Tot Ret
HSTRX
2.47
Janus Henderson Sht Dur Inc
VNLA
2.25
JPMorgan Ultra-Short Inc
JPST
2.24
Janus Henderson AAA CLO
JAAA
2.23
Thompson Bond
THOPX
2.10
Permanent Portfolio Permanent I
PRPFX
1.96
Cash
CASH
0.14

Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds. References to other mutual funds should not be considered an offer of these securities. Global allocation is based on the most recent data available from Morningstar.

Portfolio Allocation

PORTFOLIO ALLOCATION

as of

% in portfolio

Core Equity
30.23
%
Balanced
5.78
%

FIXED INCOME

Low Volatility Equity
42.24
%
Short Term Bonds
19.51
%
Strategic Bonds
2.10
%
Cash
0.14
%
Total
100.00
%
Month End
Performance % to 07/31/2022 1 Mo YTD 1 Yr
RELAX 1.46 -11.15 -9.05
Mnst GlbMkt Lrg-Mid 6.97 -14.75 -10.82
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 6.19 -8.75 -5.09
Gross expense ratio 1.90%
Net expense ratio 1.90%

(includes underlying fund expenses) 

 

Quarter End
Performance % to 06/30/2022 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX -10.25 5.79 6.85 6.39 244.90
Mnst GlbMkt Lrg-Mid -16.09 6.86 N/A N/A N/A
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -9.55 6.63 8.39 8.05 370.39
Gross expense ratio 1.90%
Net expense ratio 1.90%

(includes underlying fund expenses) 

 

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. For Performance data current to the most recent month end, please call 866-455-3863. Returns shown are cumulative, unless otherwise noted.

The Morningstar Global Market Large-Mid Cap Index measures the performance of developed and emerging countries across the world, targeting the top 90% of stocks by market capitalization. We are unable to present performance on the Morningstar index prior to its inception on 11/15/2016. The S&P 500 Index is a broad based unmanaged index of 500 U.S. stocks, which is widely recognized as representative of the U.S. equity market. The Bloomberg US Aggregate Bond Index is a market-capitalization-weighted index of investment-grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities, with maturities of at least one year. You cannot invest directly in an index.

How to Invest

Available at Charles Schwab, Fidelity, Etrade, TD Ameritrade and Vanguard.
Minimum investment: $1,000