Strategists

Dividend Strategies Brochure

Dividend Strategies Investment Process
Dividend Strategies employs high dividend, low volatility index funds in an attempt to improve returns, with lower risk than the overall market. By remaining allocated broadly across domestic and international asset classes, Dividend Strategies hopes to provide high income, tax advantaged investments with the potential for stock market growth.

About the Wisdom Tree Funds
According to research by Jeremy Siegel, a tenured professor and the author of Stocks for the Long Run, and The Future for Investors, dividend-weighted indexes outperform capitalization-weighted indexes and are particularly valuable at withstanding bear markets.

Key Characteristics of the Wisdom Tree Dividend Family

1. Provide Broad Market Representation. The Wisdom Tree Dividend Index is comprised of approximately 1,500 securities and covers $12.8 trillion of the U.S. market capitalization (as of 12/31/06).
2. Are weighted based on cash dividends or dividend yields. Dividends are an objective measure of a company’s value that can not be manipulated.
3. Provide potential bear market protection – as stock prices fall, investors can buy more shares with reinvested dividends.
4. The potential for income-generating yields.
5. The potential for long-term total returns.
6. Recent tax legislation lowering tax rates on qualifying dividends makes dividend-paying stocks more attractive to investors. (Future changes in legislation could adversely impact the payment and taxation of dividends.)

Litman/Gregory Brochure

Litman Gregory Investment Process
Litman/Gregory, a registered investment advisor, manages assets for high-net-worth clients, intermediaries and institutions. With eighteen years of portfolio management experience, and demonstrated asset allocation and investment-selection expertise, Litman/Gregory delivers managed investment portfolios based on intensive investment research. Professional financial advisors have been selecting Litman/Gregory as an investment strategist for their clients since 1996.

Approach
Litman/Gregory determines the asset allocation for each model based on fundamental, valuation-driven asset-class research. Portfolios are constructed starting with a neutral allocation. Litman/Gregory will deviate from the neutral allocation if they identify mis-valuation opportunities as a result of their analysis. The portfolio will be re-weighted to take advantage of these undervalued asset class opportunities. Tactical changes to portfolios are only made when they have a high level of conviction that clients will be rewarded for the risk. Litman/Gregory continuously monitors the allocations of the Managed Portfolios and will rebalance the Managed Portfolios automatically.

Research
Litman/Gregory’s research team is focused on asset allocation, manager due diligence, investment selection and portfolio construction. Litman/Gregory investment decisions are valuation-driven and based on fundamental research.

Experience
While they have the intense research focus of an institutional firm, Litman/Gregory also has hands-on experience managing money for individuals.

Performance
Litman/Gregory model portfolios have been awarded a place on the Hulbert Financial Digest Honor Roll for six consecutive years for recognizing risk-adjusted performance in both up and down markets.

Toews Corporation Brochure

Toews Corporation Investment Process
The Toews Corporation uses proprietary risk management models to move into or out of asset classes during periods of market upswings or downswings. Toews employs statistical analysis to attempt to participate in market rises for each asset class in your portfolio, with systems in place to lower the risk of loss of participating in declining markets.

Research
Toews Corporation’s models were developed from extensive research into the history of market movements. Their system attempts to detect and exit asset classes during the early stages of a declining market before extensive declines occur. Toews monitors markets daily and exits markets according to their proprietary system.

Experience and Performance
Toews Corporation has an extensive track record with managing money for investment professionals, broker/dealers, and individuals. Over the past 14 years Toews has helped investors navigate varied market environments in their attempt to lower the risk of loss. Toews’ tactical allocation system has proven GIPS compliant performance results. Toews performance is aimed at achieving investor objectives of market performance with lowered market risk.

Toews Corporation Brochure

Philosophy
While developed countries will see a decrease in productivity and an increase in government endowments, many emerging market countries will be experiencing significant increases in their number of workers and savers, and an increase in their share of global GDP. Access to these markets provides investors exposure to growth at a time when developed countries may be in decline.

Research
Toews Emerging Markets models were developed from extensive research into the history of market movements. Their system attempts to detect and exit emerging markets equities during the early stages of a declining market before extensive declines occur, and attempts to enter emerging markets during the early stages of increases. Toews monitors markets daily and exits assets according to their proprietary system.

Experience and Performance
Toews Corporation has an extensive track record with managing money for investment professionals, broker/dealers, and individuals. Over the past ten years Toews has helped investors navigate varied market environments in their attempt to lower the risk of loss. Toews’ tactical allocation system has proven AIMR compliant performance results. Toews performance is aimed at achieving investor objectives of market performance with lowered market risk.

Toews Bond Risk Management Brochure

Bond Asset Allocation
Toews Corporation has managed high yield bond funds as a component of its portfolios since 1996. Unlike its other portfolios, the iVest Bond Risk Management/Bond Asset Allocation portfolio is allocated only to bond and money market funds.

The Toews Corporation uses proprietary risk management models to move into or out of asset classes during periods of market upswings or downswings. Toews employs statistical analysis to attempt to participate in market rises for each asset class in your portfolio, with systems in place to lower the risk of loss of participating in declining markets.

Research
Toews Corporation’s models were developed from extensive research into the history of market movements. Their system attempts to detect and exit asset classes during the early stages of a declining market before extensive declines occur. Toews monitors markets daily and exits markets according to their proprietary system.

Experience and Performance
Toews Corporation has an extensive track record with managing money for investment professionals, broker/dealers, and individuals. Over the past ten years Toews has helped investors navigate varied market environments in their attempt to lower the risk of loss. Toews’ tactical allocation system has proven AIMR compliant performance results. Toews performance is aimed at achieving investor objectives of market performance with lowered market risk.