A Disciplined Investment Program The Principled Portfolio Solutions (PPS) program provides a comprehensive framework for investors. PPS provides a professionally managed multi-strategy mutual fund investment program. PPS brings together in a single portfolio, multiple asset classes, investment strategies and investment managers, each with their own area of expertise.

Multi-strategy portfolios offer multiple sources of potential return and improve your risk-reward profile relative to less diversified approaches. In addition, the portfolio is monitored on an ongoing basis and adjusted to stay on track with your goals as the markets evolve.

Principled Portfolio Solutions Summary

Diversification

PPS utilizes multiple asset classes, strategies and managers.

Goal-Based Asset Allocation

PPS offers ten different asset mixes from which to choose depending on your investment objectives, tolerance for risk and tax situation.

Multi-Manager Portfolio Construction

PPS utilizes multiple managers in each asset class to provide multiple sources of return and to diversify manager-specific risk.

Manager Monitoring & Risk Management

The evolving risk characteristics of managers are monitored on an ongoing basis and your multi-manager portfolio is adjusted as necessary to maintain alignment with selection criteria and investment objectives.

Disciplined Rebalancing

PPS accounts are monitored versus allocation targets on a systematic basis and periodically rebalanced as conditions warrant to maintain your intended allocations and to keep your portfolio on target with your investment objectives.

Tax-Aware Implementation

Each PPS asset allocation offers two implementations, one for taxable accounts and one for tax-deferred/exempt accounts. Fund selections and rebalancing strategy are tailored to the tax treatment of your accounts.