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PRESENTED BY. Jerry Wagner President and Founder, Flexible Plan Investments. Dina Fliss Sub-advisor, Tactical Emerging Markets and Tactical Hard Assets. Dave Morton AdvisorGuide , LLC.

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Presentation Transcript
slide5

PRESENTED BY

Jerry Wagner

President and Founder,

Flexible Plan Investments

Dina Fliss

Sub-advisor, Tactical Emerging Markets and Tactical Hard Assets

Dave Morton

AdvisorGuide, LLC

CEO for Flexible Plan Investments, Ltd. (FPI), Jerry Wagner is a leader in the active investment management industry. Since 1981, Flexible Plan Investments has focused on preserving and growing capital through a robust active investment approach combined with risk management. Headquartered in Michigan, FPI offers a wide array of strategies and services that help financial advisors build their business and retain clients. More importantly, FPI helps clients achieve their long-term financial goals.

Founder and President of Global View Capital Management, Ltd., an SEC-Registered Investment Advisor that serves as sub-advisor for the Tactical Hard Assets and Emerging Markets strategies at Flexible Plan. Dina Fliss is the primary architect for one of the fastest growing Investment Advisory firms within a Global Fortune 100 company and has co-developed tactical strategies and risk-optimized portfolios since 2005. Dina is a member of the Financial Services Institute in Washington, D.C. and currently serves on the Fiscal Advisory Council for the Concord Coalition in Washington, D.C.

Founder and Editor of AdvisorGuide, LLC, a quantitative research firm delivering clear, specific, objective, and timely guidance for financial advisors since 1999. AdvisorGuide publishes comprehensive daily guidance on ETFs, variable insurance portfolios and mutual funds. Dave Morton consults with investment advisors to develop, document, and communicate the robust investment principles and disciplined plan of action they use to seek market gain yet minimize loss for their clients.

slide7

Max loss during risk events

Source: Calculated by GVCM using data from AdvisorGuide.

The only thing that goes up in a down market are correlations.

slide8

Investing beyond traditional assets

Source: Bloomberg, 12/2011. Large-Cap stocks = S&P 500; Small-Cap stocks = Russell 2000; International stocks = MSCI EAFE; Equity Long/Short = HFRI Equity Hedge; Emerging Market stocks = MSCI Emerging Markets; REITs = DJ US Select REIT; Macro = HFRI Macro; Equity Market Neutral = HFRI EH; Managed Futures = DJ/CS Managed Futures; Commodities = DJ-UBS Commodity (from 8/1998-12/2010); Bonds = Barclays US Agg; Volatility = CBOE VXO/VIX (VXO from 1/1996-9/2003, VIX from 10/2003-12/2010); Inverse Large-Cap stocks = Inverse S&P 500. Statistics are based on the median of annual correlations rolled monthly. Past performance is no guarantee of future results. Diversification may not protect against market loss.

slide9

IntroducingTactical Hard Assets

A concentrated portfolio of precious metals (equities and physical), commodities and currencies

slide10

Tactical Hard Assets

Investing beyond traditional asset classes

  • Provides diversified exposure to hard asset equities, physical commodities, and managed futures
  • Seeks to lower volatility versus gold mining equities
  • Seeks to reduce major downside risk
  • Intended for advisors who desire to provide meaningful portfolio exposure to hard assets but are afraid to because of unrestrained volatility and potential for major downside
  • Intended for clients who fear effects of inflation/currency debasement on buying power, and/or the uncertain effects that global tumult may have on future purchasing power
slide11

Comparative growth of $100,000 (hypothetical)

Historical performance

Tactical Hard Assets

Source: Flexible Plan Investments, Ltd. Research Report (hypothetical) Jan ’98 – Sept ‘12. Returns are net of 2.6% management fee. A maximum Establishment Fee of 1.2% has been deducted at inception. These charts are for illustrative purposes only. The presentation is not the result of actual trading but rather the application of mathematical principles to historical data. The results do not predict or project performance, or imply that past performance will recur. The presentation does not consider investment objectives, expenses, liquidity, safety, fluctuation of principal, or taxes. Inherent in any investment is the potential for loss as well as the potential for gain. Consult your financial advisor regarding these factors prior to investing. A list of all recommendations made within the preceding twelve months is available on request. See additional disclosures at the end of this publication.

slide12

Comparative growth of $100,000 (hypothetical)

Historical performance

Tactical Hard Assets

Source: Flexible Plan Investments, Ltd. Research Report (hypothetical) Jan ’98 – Sept ‘12. Returns are net of 2.6% management fee. A maximum Establishment Fee of 1.2% has been deducted at inception. These charts are for illustrative purposes only. The presentation is not the result of actual trading but rather the application of mathematical principles to historical data. The results do not predict or project performance, or imply that past performance will recur. The presentation does not consider investment objectives, expenses, liquidity, safety, fluctuation of principal, or taxes. Inherent in any investment is the potential for loss as well as the potential for gain. Consult your financial advisor regarding these factors prior to investing. A list of all recommendations made within the preceding twelve months is available on request. See additional disclosures at the end of this publication.

slide13

Modern approach to risk and opportunity

  • Demand for Hard Assets has escalated with uncertainty around the global economies and extreme inflationary outlooks
  • Stealth inflation is devastating to precious purchasing power because of the long-term impact of chronic deficit spending and quantitative easing that devalues the US Dollar
  • Emerging and Frontier Markets account for nearly 50% of the global demand for commodities
slide14

Debt outlook

Developed nations

Source: IMF World Economic Outlook, July 2010 Update, and IMF staff calculations and estimates. Note: Weighted average by PPP-GDP. The debt scenario assumes that the cyclically adjusted primary balance, corrected for fiscal stimulus measures, remains constant at the 2010 level (in percent of GDP). Nominal GDP is assumed to grow by 3% per year. The interest-rate growth differential (r-g) is assumed to equal zero until 2014, and one percentage point afterward. Moreover, the scenario accounts for the estimated increase in aging-related spending.

slide15

Most emerging markets are lenders, not debtors

  • Demand from India, China & Brazil are creating a long-term structural shift for consumption. Multi-nationals from developed world (U.S., Europe, Japan) have become unafraid of growing abroad. See how GM sells more cars in China than the U.S.
  • Latin America today is less poor & more democratic than much of Asia. See how 39 million Brazilians were raised from poverty to middle class. China is Brazil’s biggest trading partner & investor.
  • India is the 8th largest economy in the world. Its GDP is approaching $1.5 trillion with a population of more than a billion; half of which are under age 25 with its fast-growing, educated middle-class.
slide16

Leading growth by domestic consumption

Percent of GDP

Source: IMF staff estimates and projections

slide17

IntroducingTactical Emerging Markets

STRATEGY OVERVIEW

Q2 2012 ALLOCATIONS

20% Strategic Hold

Virtus Emerging Markets Opportunities

40% Long-Term Signals

20% Oppenheimer Developing Markets

10% Franklin-Templeton Frontier Markets

10% Goldman Sachs BRIC Fund

40% Intermediate Signals

20% Franklin-Templeton Developing Markets

10% Franklin-Templeton BRIC Fund

10% Franklin-Templeton Emerging Markets (Small-Cap)

Defense:

Moves to Emerging Markets bond portfolios on LT signal or money market (up to 80% defensive)

slide18

Comparative growth of $100,000 (hypothetical)

Historical performance

Tactical Emerging Markets

Source: Flexible Plan Investments, Ltd. Research Report (hypothetical) Jan ’98 – Sept ‘12. Returns are net of 2.6% management fee. A maximum Establishment Fee of 1.2% has been deducted at inception. These charts are for illustrative purposes only. The presentation is not the result of actual trading but rather the application of mathematical principles to historical data. The results do not predict or project performance, or imply that past performance will recur. The presentation does not consider investment objectives, expenses, liquidity, safety, fluctuation of principal, or taxes. Inherent in any investment is the potential for loss as well as the potential for gain. Consult your financial advisor regarding these factors prior to investing. A list of all recommendations made within the preceding twelve months is available on request. See additional disclosures at the end of this publication.

slide19

Comparative growth of $100,000 (hypothetical)

Historical performance

Tactical Emerging Markets

Source: Flexible Plan Investments, Ltd. Research Report (hypothetical) Jan ’98 – Sept ‘12. Returns are net of 2.6% management fee. A maximum Establishment Fee of 1.2% has been deducted at inception. These charts are for illustrative purposes only. The presentation is not the result of actual trading but rather the application of mathematical principles to historical data. The results do not predict or project performance, or imply that past performance will recur. The presentation does not consider investment objectives, expenses, liquidity, safety, fluctuation of principal, or taxes. Inherent in any investment is the potential for loss as well as the potential for gain. Consult your financial advisor regarding these factors prior to investing. A list of all recommendations made within the preceding twelve months is available on request. See additional disclosures at the end of this publication.

Index: MSCI Emerging Markets Index

slide20

Risk-optimized strategies

Reduced volatility with downside protection

Source: Flexible Plan Investments, Ltd. Research Report (hypothetical) Jan ’98 – Sept ‘12. Returns are net of 2.6% management fee. A maximum Establishment Fee of 1.2% has been deducted at inception. These charts are for illustrative purposes only. The presentation is not the result of actual trading but rather the application of mathematical principles to historical data. The results do not predict or project performance, or imply that past performance will recur. The presentation does not consider investment objectives, expenses, liquidity, safety, fluctuation of principal, or taxes. Inherent in any investment is the potential for loss as well as the potential for gain. Consult your financial advisor regarding these factors prior to investing. A list of all recommendations made within the preceding twelve months is available on request. See additional disclosures at the end of this publication.

slide21

Risk-optimized strategies

Reduced volatility, seeking downside protection

Source: Flexible Plan Investments, Ltd. Research Report (hypothetical) Jan ’98 – Sept ‘12. Returns are net of 2.6% management fee. A maximum Establishment Fee of 1.2% has been deducted at inception. These charts are for illustrative purposes only. The presentation is not the result of actual trading but rather the application of mathematical principles to historical data. The results do not predict or project performance, or imply that past performance will recur. The presentation does not consider investment objectives, expenses, liquidity, safety, fluctuation of principal, or taxes. Inherent in any investment is the potential for loss as well as the potential for gain. Consult your financial advisor regarding these factors prior to investing. A list of all recommendations made within the preceding twelve months is available on request. See additional disclosures at the end of this publication.

slide22

ALPHA-Enhanced blends in a zero-rate world

Hypothetical growth of $100,000 investment

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$

$

$

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Source: Flexible Plan Investments, Ltd. Research Report (hypothetical) Jan ’98 – Sept ‘12. Returns are net of 2.6% management fee. A maximum Establishment Fee of 1.2% has been deducted at inception. These charts are for illustrative purposes only. The presentation is not the result of actual trading but rather the application of mathematical principles to historical data. The results do not predict or project performance, or imply that past performance will recur. The presentation does not consider investment objectives, expenses, liquidity, safety, fluctuation of principal, or taxes. Inherent in any investment is the potential for loss as well as the potential for gain. Consult your financial advisor regarding these factors prior to investing. A list of all recommendations made within the preceding twelve months is available on request. See additional disclosures at the end of this publication.