Page 3 - Kensington Bi-Fold Brochure

Kensington Managed Income Strategy Returns

INVESTMENT OBJECTIVE
The Kensington Managed Income Strategy $1,750,000
$1,750,000
strives to provide investors with the
potential to generate stable, above
average total returns, with low drawdown. $1,500,000
$1,500,000
ABOUT THE STRATEGY
Kensington Analytics uses a proprietary
$1,250,000
trend-following model to identify and $1,250,000
act on prevailing market sentiment. The
model provides daily signals to guide the
$1,000,000
Strategy’s allocation. Managed Income $1,000,000
rotates between two investment modes:
Risk-On: When markets are generally
$750,000
trending upward, Managed Income $750,000
allocates to higher yielding fixed income
securities across the high-yield and
multisector bond categories. This allows $500,000
$500,000
the Strategy to reap the highest level of
yield when confidence in the market is high.
Risk-Off: When the overall trend is one $250,000
$250,000
of decline or high volatility, Managed
Income shifts into shorter duration
instruments, including Treasuries or $0 $0
cash equivalents. This helps protect 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
principal and mitigate drawdowns.
Returns are Net
Kensington Managed Income US Aggregate Bond US Corporate Bond US High Yield Bond S&P 500
S&P 500 TR Index
ICE BofA US Corporate Master
ICE BofA US High Yield Master II
Bloomberg Barclays
Kensington Managed Income
MORNINGSTAR® CLASSIFICATION US Aggregate Bond Index Total Return Index Total Return Index
Nontraditional Bond
MORNINGSTAR® RATING*
* The Kensington Managed Income Strategy received a 14%
5-Star Overall Morningstar® Rating as of December 31, Risk/Return (Since 1992) Performance Statistics
2019. The Strategy was rated against the following
numbers of Morningstar® rated composites over the
12%
following time periods: 37 nontraditional composites in 12% Bloomberg Barclays ICE BofA ICE BofA
the last 3 years, 34 nontraditional composites in the last Kensington S&P 500
5 years, and 19 nontraditional composites in the last 10 Managed Income US Aggregate US Corporate Master US High Yield Master II TR Index
years. With respect to these nontraditional composites, Bond Index Total Return Index Total Return Index
the Kensington Managed Income Strategy received a 10%
10%
5-Star rating overall, a 4-Star rating for 3 years, a 5-Star Annualized Return
rating for 5 years and a 5-Star rating for 10 years. Past Kensington Managed Income 9.16% 5.54% 6.23% 7.32% 8.88%
performance does not guarantee future results. S&P 500 TR Index Since Inception
Annualized
8%
INCEPTION DATE 8% ICE BofA US High Yield Master II Total Return Index Standard Deviation 4.76% 3.55% 5.27% 8.30% 14.26%
December 31, 1991 Annual 1.39 0.87 0.80 0.69 0.57
The Kensington Managed Income Strategy Annualized Return Since Inception 6% ICE BofA US Corporate Master Total Return Index Sharpe Ratio
6%
is managed by Advisors Preferred, LLC dba Bloomberg Barclays US Aggregate Bond Index Maximum
Kensington Analytics LLC. Additional Drawdown (4.60%) (5.15%) (16.07%) (33.23%) (50.95%)
information about the Strategy and 4% Percent of
4%
the adviser can be obtained by viewing Positive Months 75.74% 67.75% 68.05% 72.19% 66.57%
company disclosure documents available
upon request. Past Performance does not 2% Avg Positive 1.16% 0.99% 1.25% 1.61% 3.04%
guarantee future results. 2% Monthly Return
Avg Negative
To Receive a GIPS® Compliant Monthly Return (0.56%) (0.66%) (1.05%) (1.94%) (3.68%)
0%
Presentation Please Contact 0% 0% 5% 10% 15% 20%
info@kensingtonanalytics.com 0% 5% 10% 15% 20% 25% As of 03/31/20. Standard Deviation: A measure of the dispersion of monthly returns from its mean return, also known as historical volatility. Sharpe Ratio: A risk-adjusted
measure of a fund’s performance that indicates a fund’s return per unit of risk, defining risk as volatility (standard deviation). Maximum Drawdown: A measure of the
KensingtonAnalytics.com Standard Deviation maximum loss from a peak to a trough of a portfolio or index, before a new peak is attained. An investment in securities involves risk, including loss of principal.
877.891.1222 Returns are presented Net of fees and include the reinvestment of all income. Performance represents past performance. Past performancedoes not guarantee
future results.