Strategic Inflation Opportunities

as of 04/17/14
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Strategic Inflation Opportunities Fund: A Comprehensive Inflation SolutionPDF
Strategic Inflation Opportunities Fund can help investors be prepared for a range of economic scenarios with a comprehensive approach that's designed to help preserve purchasing power.

 
Daily Price (04/17/14) $10.27 Daily Change: $+0.01 (+0.10%)  
Investment Objective: Growth & Income Ticker Symbol: ASIOX
Fund Type: Asset Allocation Balanced Funds Fund Code: 898
Share Class: Investor Inception Date: 04/30/10
Total Assets: $27,740,906.85 Newspaper Symbol: SI Opps  
Performance

Data reflects past performance for Investor Class shares, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end. For additional share class information, consult the prospectus.

  Total Return Average Annual Total Return as of 03/31/2014
Expense
Ratio*
Inception
Date
as of
04/17/2014
YTD
as of
03/31/2014
1 yr
3 yr 5 yr 10 yr 20 yr Life
  +1.78% -2.17% -1.45% --% --% --% +1.18% 1.20% 04/30/10
Morningstar
Ratings
M1:(as of 03/31/2014)
-- -- 1 out of 5 Stars------Overall
1 out of 5 Stars Overall
Funds rated in category:----562 ------562
Morningstar Category: Conservative Allocation
Lipper Quartiles & Rankings:L1 --Quartile Ranking
189/220
Quartile Ranking
133/142
------
Ranking for Flexible Portfolio Funds as of 03/31/2014, based on total returns.
 

M1For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics. Past performance is no guarantee of future results. Morningstar Rating™ is for Investor share class only; other classes may have difference performance characteristics.

Morningstar InfoM1

Overall Rating
Stars
rated among 562 Conservative Allocation
(as of 03/31/2014 )
Equity Style BoxN1

The fund's current expense ratio is 1.20%

Investment Strategy:
  • Invests in a strategic mix of U.S. inflation-indexed securities, commodity-related investments, non-U.S. dollar investments, global real estate, and gold.
For Investors Who:
  • Are looking for a comprehensive solution designed to protect their portfolio from multiple sources of inflation
  • Want to protect the purchasing power of their investments
  • Want portfolio diversification
Risk Factors:

Since inflation-indexed securities trade at prevailing real, or after-inflation, interest rates, changes in these rates affect the value of such securities owned by the fund. The fund may also invest in debt securities issued by entities other than the U.S. Treasury or U.S. government and its agencies, which may increase the potential credit risk associated with the fund. In addition, the fund's commodity-related investments may be subject to greater volatility than investments in traditional securities.

Fund Management

Robert V. Gahagan
Robert V. Gahagan
Senior Vice President, Senior Portfolio Manager

William Martin, CFA
William Martin, CFA
Senior Vice President, Senior Portfolio Manager

Brian Howell
Brian Howell
Vice President, Senior Portfolio Manager

John Lovito
John Lovito
Senior Vice President, Senior Portfolio Manager

Steven R. Brown
Steven R. Brown
Senior Vice President, Senior Portfolio Manager

Objective

The fund seeks total real return



Footnotes

(*) The annual expense ratio is based on expenses incurred by the fund, as stated in the most recent prospectus.

The value of the fund's shares may fluctuate significantly in the short term. At any given time your shares may be worth less than the price you paid for them. Since inflation-indexed securities trade at prevailing real, or after-inflation, interest rates, changes in these rates affect the value of such securities owned by the fund. Generally, when real interest rates rise, the value of these securities will decline. The opposite is true when real interest rates decline. Debt securities also are subject to credit risk. Investment in debt securities issued by entities other than the U.S. Treasury or U.S. government and its agencies may increase the potential credit risk associated with the fund. The fund's commodity-related investments may be subject to greater volatility than investments in traditional securities. Investing in foreign securities has certain unique risks that make it generally riskier than investing in U.S. securities. Investing in securities of issuers located in emerging market countries generally is riskier than investing in securities of companies located in foreign developed countries. The fund is classified as non-diversified; therefore, it may be more volatile than if it was diversified.

Returns or yields for the fund would have been lower if a portion of the management fee had not been waived. Review the annual or semi-annual report for the most current information.

N1The Morningstar Style BoxTM reveals a fund's investment strategy. For the equity holdings in the fund's portfolio, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth).

L1Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Reuters Company, subject to the following: Copyright © Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.

For a detailed description of any index referenced above, refer to our Glossary.

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