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The AssetMark 401(k) Plan Provides Target Allocation Funds to Plan Sponsors

The Target Allocation Funds are offered as collective investment funds, with Fiserv Trust Company acting as trustee. The portfolios deliver long-term professional management to plan participants and are ideal for those who want to delegate investment management and asset allocation decisions to more capable and experienced investment professionals.

The Target Allocation Funds are invested in a series of managed asset allocation portfolios, employing the expertise of two Portfolio Strategists – Wilshire Associates and PanAgora Asset Management. These Strategists develop global strategic and tactical asset allocation portfolios to meet the risk/return profile for each participant.

The six portfolios are made up of the Assetmark Funds, which are managed by investment managers selected and monitored by AssetMark and supported by the due diligence and research of Wilshire Associates.

Two Asset Allocation Strategies

Participants in the AssetMark 401(k) Plan selecting the Target Allocation Funds have access to two different approaches to asset allocation. Both strategies provide participants with automatic rebalancing and adjustments to their portfolios.

Strategic Approach

With the Strategic approach, the most efficient combination of asset classes is created for each risk/return profile. Through time, as investment markets fluctuate, the portfolio is continually rebalanced back to the target asset mix in an ongoing effort to manage risk at the desired level.

Tactical Approach

The Tactical approach also begins by establishing the target asset mix for each risk/return profile. Permissible ranges are then established for each asset class, allowing for periodic adjustments to respond to changing market conditions. Tactical asset allocation is a more active approach to asset allocation decision making.

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