Macro Allocation Fund

Fund Facts

Class N Shares Factsheet

Macro Allocation Fund

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As of 8/31/2018

Additional Fund Information

   
Inception Date: 11/29/2011
Min. Purchase Amount: $2,500
Expense Ratio (Gross): 1.53%
Expense Ratio (Net): 1.47%
Ticker Symbol: WMCNX
CUSIP: 969251792

Fund Statistics

 
 
Total Net Assets ($Million): $1,060
Trailing 1-Year Turnover: 45.1%

Fund Allocations

Equity
17.6%
U.S. -0.3%
Canada -3.4%
Europe (ex-U.K.) 9.2%
United Kingdom 4.5%
Asia Developed 1.3%
Emerging 6.3%

Fixed Income
-7.5%
U.S.3 11.3%
Developed (ex-U.S.)3 -19.6%
Emerging 0.8%

Cash
Unencumbered Cash2 23.1%

Credit Detail
U.S. Investment Grade Spread 5.6%
U.S. High Yield Spread -1.0%
European Investment Grade Spread 2.2%

Active Currency
USD Based
U.S. Dollar (USD) -4.8%
Canada Dollar (CAD) 0.0%
Other Americas 10.5%
Euro (EUR) -6.0%
Switzerland Franc (CHF) -9.0%
Great Britain Pound (GBP) 5.0%
Other Europe -0.5%
Australia Dollar (AUD) and New Zealand Dollar (NZD) -11.0%
Japan Yen (JPY) 6.0%
China Yuan (CNY) -5.8%
Asia (Excluding JPY and CNY)** -0.4%
Other 16.0%

**Select Exposures
India Rupee (INR) 5.5%
Philippines Peso (PHP) 10.9%
Singapore Dollar (SGD) 6.5%

Portfolio Construction Guidelines 1






1Information about the Fund’s holdings should not be considered investment advice. There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change at any time. With respect to Portfolio Construction Guidelines, holding allocations are not expected to fall below lower expectation band more frequently than 10% of the trading days based on daily value of Fund; similarly, holding allocations are not expected to exceed upper expectation band more frequently than 10% of trading days based on daily value of Fund.
2Unencumbered cash is residual cash and equivalents.
3Reflected as 10-year exposures


Expenses shown are as of the most recent prospectus. The net expense ratio reflects that the Fund's Adviser has contractually agreed to waive fees and/or reimburse expenses to limit fund expenses until 4/30/2019. The investor will pay the net expense ratio. The Adviser has contractually agreed to waive fees and/or reimburse expenses to limit the Fund’s operating expenses (excluding acquired fund fees and expenses, borrowing costs, brokerage commissions, taxes, other investment-related costs and extraordinary expenses) to 1.00% and 1.25% of average daily net assets for Class I and Class N shares, respectively, until 4/30/2019. Please refer to the Fund’s Prospectus for more information on the Fund’s expenses.