LifeCycle Retirement Strategies
LifeCycle strategies are designed as an efficient, all-in-one, low maintenance and low cost retirement strategy.  These strategies provide a comprehensive solution to rebalancing asset allocation, the often over-looked factor that determines 90% of the variance in investment returns.  The strategies systematically and regularly align investment risk with the investor's diminishing investment horizon as retirement approaches.

To fully realize the benefits of an actively allocated portfolio, the strategy utilizes two levels of asset allocation – strategic and tactical.  Strategic asset allocation focuses on the overall asset mix, providing the optimal risk/return trade-off for a given investment horizon.  This is accomplished through allocation between stocks, bonds and cash, based on historical risk and return statistics.  The second level of asset  allocation is the tactical one - this is how assets  are  weighted  within  each  broad  asset  class.  Changes to this mix will occur more frequently (quarterly) and are based on forward-looking analysis rather than historical risk-return statistics. This aspect of the allocation gives the strategy investment manager the ability to act based on the changing market environment and takes advantage of their abilities as an active manager.