Enhanced Dynamic® will dynamically guide the over-weighting of in-favor, active U.S. equity managers, as well as to under-weight the opposing out-of-favor and under-performing active managers, and has provided superior on-going sustainable risk-adjusted returns.  Equity portfolios are to remain fully invested at all times.

We prefer using active, style adherent, domestic equity managers over index funds due to the fact that active managers will generate significantly higher risk-adjusted returns when their style is in-favor, net of all fees and expenses, versus comparable benchmarks and alternative index vehicles over full market cycles.  We evaluate and select style adherent active equity managers when performance records equal or exceed their appropriate style benchmarks when their style is in-favor, according to our proprietary Enhanced Dynamic® methodology.