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Conservative Upgrader Fund

The Conservative Upgrader Fund (RELAX) is a classic 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—and your portfolio will be balanced and rebalanced for you.

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 02/28/2019

SPDR DJIA Trust
DIA
8.10
Polen Growth Fund I
POLIX
7.80
TRPrice Blue Chip Gro
TRBCX
7.10
Jensen Quality Growth Instl
JENIX
7.00
Amana Growth I
AMIGX
6.70
Vanguard Div Apprec Idx ETF
VIG
6.60
AMG Yacktman
YACKX
6.20
Merger Fund I
MERIX
5.60
iShrs S&P 500 Growth Idx
IVW
4.60
Thompson Bond
THOPX
4.50
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DoubleLine Total Return Instl
DBLTX
4.00
iShrs Core US Agg Bond
AGG
3.90
PIMCO Intl Bond USD Hedged I
PFORX
3.90
Guggenheim Total Return Bond I
GIBIX
3.70
Invesco S&P 500 Low Volatility
SPLV
3.70
Vanguard Total Intl Bond ETF
BNDX
3.70
PIMCO Enhanced Short Mat Active
MINT
3.60
Janus Hendrsn Short Duration
VNLA
3.50
iShares Core High Dividend Eq
HDV
2.70
JPMorgan Ultra Sht Inc
JPST
2.30
Laudus US Lg Cp Gr
LGILX
0.80
Cash
CASH
0.00

Fixed Income Allocation

as of 02/28/2019

Intermediate Term Bonds
11.60%
Ultra Short Bonds
9.40%
World Bonds
7.60%
Low Volatility Equity
5.60%
Strategic Bonds
4.50%

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.

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund for the period ending 02/28/2019. 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 02/28/2019 1 Mo YTD 1 Yr
RELAX 2.36 7.47 1.29
Mnst GlbMkt Lrg-Mid 2.66 10.76 -0.82
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 1.90 7.24 4.40
Gross expense ratio 1.99%
Net expense ratio 1.99%

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

Quarter End
Performance % to 12/31/2018 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX -3.10 3.94 7.45 6.20 169.77
Mnst GlbMkt Lrg-Mid -9.43 4.34 9.71 7.13 211.68
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -3.06 6.42 9.02 5.91 165.22
Top holdings

as of 02/28/2019

SPDR DJIA Trust
DIA
8.10
Polen Growth Fund I
POLIX
7.80
TRPrice Blue Chip Gro
TRBCX
7.10
Jensen Quality Growth Instl
JENIX
7.00
Amana Growth I
AMIGX
6.70
Vanguard Div Apprec Idx ETF
VIG
6.60
AMG Yacktman
YACKX
6.20
Merger Fund I
MERIX
5.60
iShrs S&P 500 Growth Idx
IVW
4.60
Thompson Bond
THOPX
4.50
DoubleLine Total Return Instl
DBLTX
4.00
iShrs Core US Agg Bond
AGG
3.90
PIMCO Intl Bond USD Hedged I
PFORX
3.90
Guggenheim Total Return Bond I
GIBIX
3.70
Invesco S&P 500 Low Volatility
SPLV
3.70
Vanguard Total Intl Bond ETF
BNDX
3.70
PIMCO Enhanced Short Mat Active
MINT
3.60
Janus Hendrsn Short Duration
VNLA
3.50
iShares Core High Dividend Eq
HDV
2.70
JPMorgan Ultra Sht Inc
JPST
2.30
Laudus US Lg Cp Gr
LGILX
0.80
Cash
CASH
0.00

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.

Fixed Income Allocation

as of 02/28/2019

Intermediate Term Bonds
11.60%
Ultra Short Bonds
9.40%
World Bonds
7.60%
Low Volatility Equity
5.60%
Strategic Bonds
4.50%
Month End
Performance % to 02/28/2019 1 Mo YTD 1 Yr
RELAX 2.36 7.47 1.29
Mnst GlbMkt Lrg-Mid 2.66 10.76 -0.82
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 1.90 7.24 4.40
Gross expense ratio 1.99%
Net expense ratio 1.99%

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

Quarter End
Performance % to 12/31/2018 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX -3.10 3.94 7.45 6.20 169.77
Mnst GlbMkt Lrg-Mid -9.43 4.34 9.71 7.13 211.68
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -3.06 6.42 9.02 5.91 165.22
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 Barclay’s 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