ITS Dynamic Conservative
Seeks total return commensurate with a lower level of aggregate equity risk relative to other ITS dynamic allocation strategies.
Active management is driven primarily by equity stage shifting and style rotation.
The strategy features a monthly trade capability, with equity and fixed income allocations determined by investment Stage. Stage 1 represents the lowest equity allocation at 15%, while Stage 3 contains the highest equity exposure at 50%. Therefore, the maximum overall range for the portfolio is 50% equity and 85% fixed income.
For equity, all domestic and foreign style-oriented categories may be utilized. For fixed income, all fund categories are investable. Inverse and leveraged funds are excluded. The strategy has a +/-3% rebalance tolerance per position based upon model allocations.