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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 10/31/2018

iShrs Edge USA Momentum Factor
MTUM
7.70
SPDR DJIA Trust
DIA
7.30
Fidelity Blue Chip Growth
FBGRX
7.00
Polen Growth Fund I
POLIX
7.00
TRPrice Blue Chip Gro
TRBCX
6.50
Laudus US Lg Cp Gr
LGILX
6.30
Fidelity Contrafund
FCNTX
6.10
PrimeCap Odyssey Gro
POGRX
5.60
TRPrice Growth Stock
PRGFX
5.10
Eaton Vance Float Rate Advantage
EIFAX
4.20
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Osterweis Strategic Inc
OSTIX
4.20
Fidelity FloatingR Hi Inc
FFRHX
4.10
Thompson Bond
THOPX
4.10
Vanguard Wellesley Inc Admiral
VWIAX
4.00
Eaton Vance Float Rate Inst
EIBLX
3.60
Western Asset Sht Dur High Inc I
SHIYX
3.40
Fidelity Capital & Income
FAGIX
2.80
Fidelity Real Estate Income
FRIFX
2.20
Merger Fund I
MERIX
2.10
RidgeWorth High Income
STHTX
2.00
Gateway Fund Instl
GTEYX
2.00
iShrs S&P 500 Growth Idx
IVW
1.70
Fidelity Adv Hi Inc Advant I
FAHCX
1.00
Cash
CASH
0.00

Fixed Income Allocation

as of 10/31/2018

Floating Rate
11.90%
Low Volatility Equity
10.30%
High Yield Bonds
9.20%
Strategic Bonds
8.30%

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 10/31/2018. 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 10/31/2018 1 Mo YTD 1 Yr
RELAX -6.52 1.27 2.55
S&P 500 Index -6.84 3.01 7.35
Barc Agg Bond Index -0.79 -2.38 -2.05
Gross expense ratio 2.03%
Net expense ratio 1.98%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

Quarter End
Performance % to 09/30/2018 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX 11.25 7.66 7.16 7.03 201.60
S&P 500 Index 17.91 13.95 11.97 9.22 318.89
Barc Agg Bond Index -1.22 2.16 3.77 4.10 92.11
Gross expense ratio 2.03%
Net expense ratio 1.98%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

Top holdings

as of 10/31/2018

iShrs Edge USA Momentum Factor
MTUM
7.70
SPDR DJIA Trust
DIA
7.30
Fidelity Blue Chip Growth
FBGRX
7.00
Polen Growth Fund I
POLIX
7.00
TRPrice Blue Chip Gro
TRBCX
6.50
Laudus US Lg Cp Gr
LGILX
6.30
Fidelity Contrafund
FCNTX
6.10
PrimeCap Odyssey Gro
POGRX
5.60
TRPrice Growth Stock
PRGFX
5.10
Eaton Vance Float Rate Advantage
EIFAX
4.20
Osterweis Strategic Inc
OSTIX
4.20
Fidelity FloatingR Hi Inc
FFRHX
4.10
Thompson Bond
THOPX
4.10
Vanguard Wellesley Inc Admiral
VWIAX
4.00
Eaton Vance Float Rate Inst
EIBLX
3.60
Western Asset Sht Dur High Inc I
SHIYX
3.40
Fidelity Capital & Income
FAGIX
2.80
Fidelity Real Estate Income
FRIFX
2.20
Merger Fund I
MERIX
2.10
RidgeWorth High Income
STHTX
2.00
Gateway Fund Instl
GTEYX
2.00
iShrs S&P 500 Growth Idx
IVW
1.70
Fidelity Adv Hi Inc Advant I
FAHCX
1.00
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 10/31/2018

Floating Rate
11.90%
Low Volatility Equity
10.30%
High Yield Bonds
9.20%
Strategic Bonds
8.30%
Month End
Performance % to 10/31/2018 1 Mo YTD 1 Yr
RELAX -6.52 1.27 2.55
S&P 500 Index -6.84 3.01 7.35
Barc Agg Bond Index -0.79 -2.38 -2.05
Gross expense ratio 2.03%
Net expense ratio 1.98%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

Quarter End
Performance % to 09/30/2018 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX 11.25 7.66 7.16 7.03 201.60
S&P 500 Index 17.91 13.95 11.97 9.22 318.89
Barc Agg Bond Index -1.22 2.16 3.77 4.10 92.11
Gross expense ratio 2.03%
Net expense ratio 1.98%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

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. Performance data quoted is current to the most recent month end. Returns shown are cumulative, unless otherwise noted.

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. 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