About MCNAX
The Madison Conservative Allocation Fund Class A is a mutual fund designed to offer investors a combination of income, capital appreciation, and relative stability of value. Structured as a "fund of funds," it primarily invests in shares of other registered investment companies, including both mutual funds and exchange-traded funds. The fund strategically targets a conservative asset allocation with approximately 35% exposure to equities, while the remainder is generally allocated to fixed income and other defensive asset classes. This allocation aims to participate in market growth during favorable periods while seeking to limit downside risk during market declines.
The Madison Conservative Allocation Fund employs a globally diversified approach, utilizing an asset allocation model managed by Madison Asset Management. Portfolio holdings are diversified across major asset classes, with significant allocations to core bonds, large-cap equities, and select international and sector-specific ETFs. The fund’s role in the financial market is to provide a conservative investment option suitable for investors pursuing a moderate risk profile and seeking more stability than higher-equity funds. Its process reflects a "Participate and Protect®" philosophy, designed to temper volatility while achieving reasonable long-term returns.
Fund Family Madison Funds
Category Allocation--15% to 30% Equity
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MCNAX
Share Class Conservative Allocation Fund Class A
Index ICE BofA US Corp/Gov Mortgage TR
MCNAX had a total return of 6.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.91%.
