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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 02/29/2020

TRPrice Cap Appreciation I
TRAIX
12.00
Calvert Balanced I
CBAIX
5.70
Janus Hndrsn Balanced I
JBALX
5.70
iShrs iBoxx $ Inv Grd Corp Bnd
LQD
5.70
George Putnam Balanced Fund I
PGEYX
5.40
Fidelity Adv Balanced
FAIOX
5.20
Fidelity Asset Mgr 70%
FASGX
5.20
Pax Sustainable Alloc Fund Inst
PAXIX
5.20
Vanguard Mega Cap 300 Growth
MGK
3.90
Fidelity Capital & Income
FAGIX
3.80
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MFS Diversified Inc I
DIFIX
3.70
Polen Growth Fund I
POLIX
3.50
Calvert Equity I
CEYIX
3.30
Fidelity Adv Gr Opportunities I
FAGCX
3.20
TransAm US Growth
TDEIX
3.00
VanEck Morningstar Wide Moat
MOAT
3.00
Vanguard Growth ETF
VUG
3.00
Invesco Summit Y
ASMYX
3.00
Vanguard Wellesley Inc Admiral
VWIAX
2.80
Janus Hndrsn Contrarian Instl
JCONX
2.80
Loomis Sayles Bond Fund
LSBDX
2.10
Fidelity Real Estate Income
FRIFX
2.10
PIMCO Active Bond ETF
BOND
1.80
Vanguard Total Bond Mkt ETF
BND
1.20
Federated Strategic Inc I
STISX
1.10
Touchstone Mid Cap Gr I
TEGIX
1.10
Columbia High Yield I
RSHRX
1.10
C & S Preferred Sec & Inc I
CPXIX
1.10
SPDR BBG Barclays Hi Yld Bnd
JNK
1.00
Cash
CASH
-1.70

PORTFOLIO ALLOCATION

as of

% in portfolio

Core Equity
29.80
%
Balanced
48.10
%

FIXED INCOME

Intermediate Term Bonds
6.90
%
Low Volatility Equity
6.00
%
High Yield Bond Funds
5.90
%
Strategic Bond Funds
5.00
%
Cash
-1.70
%
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 02/29/2020. 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 02/29/2020 1 Mo YTD 1 Yr
RELAX -4.37 -3.69 6.63
Mnst GlbMkt Lrg-Mid -8.13 -9.17 3.74
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -4.22 -3.50 9.94
Gross expense ratio 1.94%
Net expense ratio 1.94%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2020.

Quarter End
Performance % to 02/29/2020 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX 6.63 5.12 6.99 6.60 209.16
Mnst GlbMkt Lrg-Mid 3.74 5.57 8.26 7.49 258.12
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 9.94 7.16 9.33 7.31 247.93
Gross expense ratio 1.94%
Net expense ratio 1.94%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2020.

Top holdings

as of 02/29/2020

TRPrice Cap Appreciation I
TRAIX
12.00
Calvert Balanced I
CBAIX
5.70
Janus Hndrsn Balanced I
JBALX
5.70
iShrs iBoxx $ Inv Grd Corp Bnd
LQD
5.70
George Putnam Balanced Fund I
PGEYX
5.40
Fidelity Adv Balanced
FAIOX
5.20
Fidelity Asset Mgr 70%
FASGX
5.20
Pax Sustainable Alloc Fund Inst
PAXIX
5.20
Vanguard Mega Cap 300 Growth
MGK
3.90
Fidelity Capital & Income
FAGIX
3.80
MFS Diversified Inc I
DIFIX
3.70
Polen Growth Fund I
POLIX
3.50
Calvert Equity I
CEYIX
3.30
Fidelity Adv Gr Opportunities I
FAGCX
3.20
TransAm US Growth
TDEIX
3.00
VanEck Morningstar Wide Moat
MOAT
3.00
Vanguard Growth ETF
VUG
3.00
Invesco Summit Y
ASMYX
3.00
Vanguard Wellesley Inc Admiral
VWIAX
2.80
Janus Hndrsn Contrarian Instl
JCONX
2.80
Loomis Sayles Bond Fund
LSBDX
2.10
Fidelity Real Estate Income
FRIFX
2.10
PIMCO Active Bond ETF
BOND
1.80
Vanguard Total Bond Mkt ETF
BND
1.20
Federated Strategic Inc I
STISX
1.10
Touchstone Mid Cap Gr I
TEGIX
1.10
Columbia High Yield I
RSHRX
1.10
C & S Preferred Sec & Inc I
CPXIX
1.10
SPDR BBG Barclays Hi Yld Bnd
JNK
1.00
Cash
CASH
-1.70

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
29.80
%
Balanced
48.10
%

FIXED INCOME

Intermediate Term Bonds
6.90
%
Low Volatility Equity
6.00
%
High Yield Bond Funds
5.90
%
Strategic Bond Funds
5.00
%
Cash
-1.70
%
Total
100.00
%
Month End
Performance % to 02/29/2020 1 Mo YTD 1 Yr
RELAX -4.37 -3.69 6.63
Mnst GlbMkt Lrg-Mid -8.13 -9.17 3.74
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -4.22 -3.50 9.94
Gross expense ratio 1.94%
Net expense ratio 1.94%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2020.

Quarter End
Performance % to 02/29/2020 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX 6.63 5.12 6.99 6.60 209.16
Mnst GlbMkt Lrg-Mid 3.74 5.57 8.26 7.49 258.12
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 9.94 7.16 9.33 7.31 247.93
Gross expense ratio 1.94%
Net expense ratio 1.94%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2020.

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. 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 Barclays 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