Blog Disclosure

Planning Alternatives® is registered and regulated as an investment advisor with the SEC and only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. Registration as an investment advisor does not constitute an endorsement of the firm by the SEC nor does it indicate that the advisor has attained a particular level of skill or ability. Planning Alternatives® provides blogs for educational and informational purposes only and not to be construed as a solicitation to buy or sell a security or to provide personalized investment, tax, or legal advice. This blog is limited to the dissemination of general information on Planning Alternatives® service offerings.  The ideas and strategies discussed herein are not professional advice and should never be used without first seeking the advice of your financial professional. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio nor that the future performance of any specific investment or investment strategy (including those undertaken or recommended by Planning Alternatives® will be profitable or equal any historical performance level(s). Future returns may differ significantly from the past due to materially different economic and market conditions and other factors. Investments within portfolios, and therefore, portfolios, involve risk and the possibility of loss, including a permanent loss of principal. This document has been prepared solely for information purposes based upon information generally available to the public from sources considered to be reliable.

This material in this blog contains our current opinions, and such opinions are subject to change without notice. Neither the information nor any opinion expressed herein constitutes a recommendation to invest in accordance with a particular strategy or a solicitation for the sale or purchase of any particular security. There is no assurance that any securities discussed herein will remain in an account’s portfolio at the time you receive this report or that securities sold have not been repurchased. The securities discussed are held in Planning Alternatives’ Tactical “model” accounts, including Conservative; Moderate Conservative; Moderate Conservative Plus; Moderate; Moderate Plus; Moderate Aggressive; and Aggressive; and do not necessarily represent a client’s entire portfolio. Furthermore, the securities discussed may in fact represent only a small percentage of a client’s portfolio holdings. A complete list of the performance for all the securities in your accounts managed by Planning Alternatives® is included in your personalized quarterly performance report. Accounts may not own every security discussed due to variations in account size, tax status, fund closures, custodian rules and availability, etc. It should not be assumed that any of the securities transactions or holdings discussed were profitable or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will be equivalent to the investment performance of the securities discussed herein. There is no guarantee that current or future investment decisions will be profitable and, in fact, may result in a loss to investors. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Performance information is net of all mutual fund or exchange-traded fund fees and expenses; is annualized for periods greater than one year; assumes reinvestment of all dividends and capital gains; and assumes investment occurred at the beginning of the period indicated. Investment return and principal value of a fund will fluctuate so that an investor’s shares on redemption may be worth more or less than the original cost. Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.

  1. Asset Classes: Domestic Stocks are represented by the Russell 3000 Index, which measures the performance of the largest 3,000 U.S. companies representing approximately 98% of the investable U.S. stock market. International Stocks are represented by the MSCI ACWI ex U.S. Index, a market capitalization weighted index that is designed to measure the global stock market performance of developed and emerging non-U.S. markets. Alternative Strategies are represented by the Morningstar Multialternative Fund Category, which consists of mutual funds that provide exposure to different alternative investment strategies that may take short positions, invest in currencies, derivatives, or other alternative asset classes. Alternative Assets are represented by a blend of three indices: 33% (Commodities) Bloomberg Commodity TR Index, which is a broadly diversified index composed of 19 commodity futures contracts on physical commodities in seven sectors; 33% (Natural Resource Stocks) S&P Global Natural Resources Index, which is comprised of 90 of the largest publicly traded companies in natural resources and commodities businesses that meet investability requirements; 34% (Global Real Estate) FTSE EPRA/NAREIT Developed Index, which is designed to track the performance of listed real estate companies and REITs worldwide. Bonds are represented by the Barclays Capital Aggregate Bond Index, which represents most intermediate, investment grade bonds traded in the U.S., including Treasury securities; government agency bonds; mortgage-backed bonds; corporate bonds and a small amount of foreign bonds traded in the U.S. Short-term Bonds are represented by the Barclays U.S. Govt/Credit 1-5 Yr. TR index, which measures the performance of U.S. dollar-denominated U.S. Treasury bonds, government related bonds and investment grade U.S. corporate bonds that have a remaining maturity of greater than or equal to one year and less than five years. Municipal Bonds are represented by the Barclays 1-10 Year Municipal Blend Index, which is an unmanaged, total return, market value-weighted index that tracks the short and intermediate components of U.S. investment-grade tax-exempt bond market, including General Obligation, Revenue, Insured and Prerefunded bonds with a remaining maturity from 1 up to 12 years. Large cap Stocks are represented by the S&P 500 Index, a group of 500 large companies selected by S&P and weighted by market capitalization. Mid Cap Stocks are represented by the S&P 400 Index, which is a group of 400 mid-size companies selected by S&P and weighted by market capitalization. Small Cap Stocks are represented by the S&P 600, which is a group of 600 small-size companies selected by S&P and weighted by market cap. Foreign Developed Stocks are represented by the MSCI EAFE Index, a market capitalization weighted index designed to track the performance of stocks in developed markets (excluding the U.S. and Canada). Emerging Market Stocks are represented by the MSCI Emerging Markets Index, which is a market capitalization weighted index designed to capture the stock market performance of emerging markets. Long/Short Stocks are represented by the Morningstar Long/Short Equity category, which captures the performance of mutual funds that hold sizable stakes in both long and short stock positions. Long/Short Bonds are represented by the Morningstar Nontraditional Bond category, which captures the performance of mutual funds that pursue strategies divergent in one or more ways from conventional practice in the broader bond-fund universe, such as tactical management of bond exposures, active management of duration, currency trading and/or shorting. Managed Futures are represented by the Morningstar Managed Futures category, which captures the performance of mutual funds that trade liquid global futures, the majority of which follow a trend-following strategy. Performance data is from Morningstar Office, Bloomberg, and Tamarac Advisor View.
  2. Benchmark Performance: The components of the benchmarks are listed below.
    Data from Tamarac AdvisorView/Schwab PortfolioCenter.

    Past performance is no guarantee of future results.