Macro Allocation Fund

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As of 9/30/2020

Additional Fund Information

   
Inception Date: 11/29/2011
Expense Ratio (Gross): 1.36%
Ticker Symbol: WMCNX
CUSIP: 969251792

Fund Statistics

 
 
Total Net Assets ($Million): $409
Trailing 1-Year Turnover: 25.9%

Fund Allocations

Equity
24.1%
U.S. 2.4%
Canada 0.4%
Europe (ex-U.K.) -2.6%
United Kingdom 8.9%
Asia Developed 6.2%
Emerging 8.8%

Fixed Income
11.5%
U.S.3 12.3%
Developed (ex-U.S.)3 -9.9%
Emerging 9.1%

Cash
Unencumbered Cash2 17.3%

Credit Detail
U.S. Investment Grade Spread 3.3%
U.S. High Yield Spread 1.1%
U.S. MBS Spread 5.0%
European Investment Grade Spread 2.2%

Active Currency
USD Based
U.S. Dollar (USD) -12.7%
Canada Dollar (CAD) -1.0%
Other Americas 20.0%
Euro (EUR) -5.0%
Switzerland Franc (CHF) -7.0%
Great Britain Pound (GBP) 4.0%
Other Europe -1.0%
Australia Dollar (AUD) and New Zealand Dollar (NZD) -15.5%
Japan Yen (JPY) 8.0%
China Yuan (CNY) -7.0%
Asia (Excluding JPY and CNY) 6.2%
Other 11.0%

Select Exposures4
Russian Ruble (RUB) 6.0%
Mexican Peso (MXN) 7.0%
Turkish Lira (TRY) 8.0%

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
4 Select currency exposures by largest expected contribution to portfolio risk.


The Fund's Adviser has contractually agreed to waive fees and/or reimburse expenses to limit fund operating expenses until 4/30/21.