About KAGIX
Kensington Dynamic Allocation Fund Institutional Class is a tactical allocation mutual fund designed to pursue capital gains by actively managing its exposure between equities and fixed income instruments. The fund operates with a flexible mandate, allocating assets dynamically across domestic equity index exchange-traded funds, mutual funds, and U.S. Treasury securities, shifting its stance in response to quantitative market signals. During favorable market conditions, the fund increases its allocation to equities to participate in growth, while in periods of heightened volatility or market decline, it moves defensively toward cash and U.S. Treasuries to mitigate drawdown risk. This adaptive approach aims to reduce correlation with equity markets during downturns, providing an alternative to traditional buy-and-hold or static allocation strategies. Notably, the fund employs both direct investment and the use of derivatives such as futures to gain equity exposure, and is classified within the tactical allocation category. Its objective is to balance long-term growth potential with risk management, appealing to investors seeking a quantitative, active approach to asset allocation within the U.S. market.
Fund Family Kensington Asset Management LLC
Category Tactical Allocation
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol KAGIX
Share Class Institutional Class Shares
Index S&P 500 TR
KAGIX had a total return of 34.96% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.34%.
