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The
Active Portfolio Programme
is a discretionary investment management service of CFG Custom Portfolio Corporation offered by R.N. Croft Financial Group (“Croft Financial Group”) that enables investors to identify their investment objectives and preferences for investment risk and to acquire a customized asset allocation comprised of Shares of Classes. The CFG Custom Portfolio Corporation has retained Croft Financial Group to manage the investments of each of the Classes of the Corporation.
The Classes and Shares offered are:
| Class A-4 |
Income (Series R, A, and I) |
| Class B-4 |
Conservative (Series R, A, and I) |
| Class C-4 |
Strategic Balanced (Series R, A, and I) |
| Class D-4 |
Strategic Growth (Series R, A, and I) |
| Class E-4 |
Tactical Balanced (Series R, A, and I) |
| Class F-4 |
Tactical Growth (Series R, A, and I) |
Croft Financial Group evaluates the return/risk characteristics of each portfolio Class and matches the portfolio Class to an investor based on information about the investor provided in the investor’s Managed Investment Account Agreement (MIAA) and through ongoing client information gathering processes. The investor’s portfolio asset mix as set out in the MIAA is confirmed with the investor by a registered individual at Croft Financial Group to make certain that the asset mix, as defined by the MIAA, is both suitable and appropriate for the investor’s long-term objectives and risk tolerances.
Having ascertained the appropriateness of the investor’s asset mix and confirmed that the assigned mandate (i.e., Growth, Balanced, Conservative, or Income) is appropriate for the investor, Croft Financial Group will purchase on behalf of the investor an Active Portfolio that corresponds to the investor’s mandate.
Within each Active Portfolio Class, Croft Financial Group will constantly monitor the asset mix to make certain that it remains within the guidelines of the mandate. The asset mix guidelines assigned to each Active Portfolio Share Class is defined under “Investment Strategies.”
A reasonable range of weighting variations is permitted to take into account daily fluctuations in the value of the securities within each Class but, from time to time, rebalancing is required.
Rebalancing is the process of adjusting the weighting of securities within each Class as market conditions change so that each Active Portfolio Share Class matches the Class’s investment objectives over time.
Croft Financial Group will periodically rebalance the mix of securities within each Class to either realign the portfolio to the original designated levels (referred to as “Strategic Asset allocation”) or to take advantage of market conditions within the limits of the asset mix guidelines (referred to as “Tactical Asset Allocation”). Classes A-4, B-4, C-4, and D-4 are re-balanced strategically, while Classes E-4 and F-4 are rebalanced tactically.
The redemption of Shares of a Class on a rebalancing is not a disposition of such Shares for tax purposes.
This product is sold by Offering Memorandum. Please contact our office for a copy or click on the link below.
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