destinations - brinker capitalinfo.brinkercapital.com/rs/086-tho-473/images/fs_dest_bundle_m… ·...

DestinationsAggressive Equity QualifiedJune 30, 2018

* Represents the investment goals of the portfolio. There is no guarantee a portfolio will achieve its stated objectives.

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573

Portfolio overview*n Maximize long-term capital appreciation with a high

level of volatility

n Fully allocated to growth assets

n 10+ year investment time horizon

Key statisticsInception date January 1997

Number of strategies 28

Yield 0.63%

Internal expense ratio 0.93%

Beta vs. S&P 500 (5 year) 0.94

Portfolio management teamJeff Raupp, CFA, Chief Investment Officern 22 years industry experiencen BS University of Delawaren MBA Villanova University

Amy Magnotta, CFA, SVP, Head of Discretionary Portfoliosn 18 years industry experiencen BS Lehigh University

Leigh Lowman, CFA, Investment Managern 13 years industry experiencen BA Wittenberg University

The holdings supplied are a complete list as of 6/30/2018. Holdings are subject to change at any time. Allocations may not add to totals due to rounding fund allocation percentages and an approximate 1.0% allocation to cash. Beta: A measure of a portfolio’s sensitivity to market movements, measured against S&P 500. Yield: The income return on an investment, such as the interest or dividends received from holding a particular security.

Asset class breakdown

Weightn Domestic Equity 70%n International Equity 24%n Absolute Return 1%n Real Assets 3%

Portfolio holdings WeightDomestic Equity (55%-81%) 70.50%Destinations Large Cap Equity Fund 55.06%BlackRock S&P 500 Index 15.70%T. Rowe Price Growth Stock 9.49%TCW Relative Value Dividend Appreciation 8.65%Columbia Focused Large Cap Growth 8.07%Delaware Value 7.93%Fort Washington Large Cap Focused Equity 5.21%Destinations Small-Mid Cap Equity Fund 14.59%Ceredex Mid Cap Value 5.75%Driehaus Micro Cap Growth 3.29%LMCG Small Cap Value 2.63%iShares S&P Mid Cap ETF 1.52%iShares S&P Small Cap ETF 1.40%Destinations Equity Income Fund 0.85%Federated Strategic Value Dividend 0.56%iShares Core Dividend Growth ETF 0.17%iShares Core High Dividend ETF 0.11%International Equity (19%-43%) 24.20%Destinations International Equity Fund 24.20%T. Rowe Price International Growth 5.86%MFS International Value 5.07%Wasatch International Micro Cap 4.62%Baron Emerging Markets 4.27%iShares Core MSCI EAFE ETF 3.01%iShares Core MSCI Emerging Markets ETF 1.37%Absolute Return (0%-25%) 1.10%Destinations Multi Strategy Alternatives Fund 1.10%Driehaus Active Income 0.36%Driehaus Event Driven 0.21%RiverNorth Opportunities 0.16%Avenue Credit Strategies 0.16%JPMorgan Strategic Income Opportunities Fund 0.14%BrandywineGLOBAL Global Unconstrained Bond Fund 0.06%Real Assets (0%-10%) 3.20%Destinations Real Assets Fund 3.20%SailingStone Global Natural Resources 2.84%iShares Core US REIT ETF 0.36%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_AGG_EQ_Q

Growth of $100,000 over a 10 year period

Jun-08 Jun-09 Jun-10 Jun-11 Jun-12 Jun-13 Jun-14 Jun-15 Jun-16 Jun-17 Jun-18$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000Ending valuesas of June 30, 2018

Strategy $199,342

Russell 3000 $264,826

ACWI ex US $134,539

Barclays Agg $144,089

HFRX $96,110

Annualized performance (trailing as of quarter-end)QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inc.

Strategy 2.14% 2.36% 12.01% 9.01% 10.76% 7.14% 6.83%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% 10.23% 8.41%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% 3.01% 5.62%Barclays Agg -0.16% -1.62% -0.40% 1.72% 2.27% 3.72% 5.00%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -0.40% --

Standard deviation1 Year 3 Year 5 Year Since Inc.7.03% 9.89% 9.56% 15.27%7.86% 10.16% 9.87% 15.14%9.43% 12.02% 11.56% 16.93%2.27% 2.61% 2.68% 3.37%3.84% 3.85% 3.57% --

Calendar year performance2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Strategy -43.42% 34.87% 16.04% -5.07% 15.88% 28.57% 6.74% 0.63% 7.49% 20.76%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Agg 5.24% 5.93% 6.54% 7.84% 4.21% -2.02% 5.97% 0.55% 2.65% 3.54%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%

The chart reflects a hypothetical $100,000 investment made at inception with no additional trading and all dividends reinvested. Past performance is no guarantee of future results or trends. The performance returns provided for Destinations are composed of accounts that were open for the full period and are invested in mutual funds according to the asset allocation policy for the recommended Investment Strategy. Performance and standard deviation for periods greater than one year are annualized. Standard Deviation: A statistical measure of volatility indicates the “risk” associated with a return series. The lower the number the less volatility. Detailed information regarding the Investment Strategy composite is available upon request. The composite returns are based on actual market values and are weighted accordingly. All return calculations are in U.S. Dollars and include all paid and accrued dividends and interest as well as the reinvestment of dividends when applicable. Certain funds included in the performance information may no longer be available for purchase and may not be included in the recommended Investment Strategy. Brinker Capital may also determine to replace a fund due to a change in management or based upon Brinker Capital’s evaluation of the fund’s performance. Since Brinker Capital retains full discretion to add or replace mutual funds in which the account is invested and to change the allocation among such funds, the historical performance of the recommended Investment Strategy may reflect the performance of mutual funds which are no longer included in the recommended Investment Strategy. Furthermore, past performance of the funds included in the recommended Investment Strategy is not a guarantee of future results or trends. Returns are calculated gross (before the deduction) of advisory fees payable to Brinker Capital and any other expenses for services not covered by the advisory fee including administrative costs, which would reduce your return. Brinker Capital’s fee does not include the internal management fees and operating expenses of mutual funds in which a client’s account is invested, which are reflected in the performance information contained herein. Brinker Capital’s fees are disclosed in Part 2A of its Form ADV. The net effect of the deduction of Brinker Capital’s fees on annualized performance, including the compounded effect over time, is determined by the relative size of the fee and the account’s investment performance. The chart in the bottom right depicts the effect of a 1% management fee on the growth of one dollar over a ten year period at 10% (9% after fees), 5% (4% after fees) and 3% (2% after fees) assumed rates of return. Looked at another way, $10,000.00 invested at 10% for ten years would grow to $25,937.42; at 9% it would grow to $23,673.64.

As a strategist, Brinker Capital creates and updates a model portfolio utilizing various mutual funds, exchange traded funds or stocks and delivers the model portfolio to platforms for implementation. Your account may not contain certain securities due to their availability and substitute securities will be selected at Brinker Capital’s discretion. All investments involve risk including loss of principal. Foreign securities involve additional risks, including foreign currency changes, political risks, foreigntaxes, and different methods of accounting and financial reporting. Fixed income investments are subject to interest rate and credit risks. Alternative investment strategies are speculative, not suitable for all clients, and intended for experienced and sophisticated investors who are willing to bear the high economic risks of the investment. Mutual fund and exchange traded fund (ETF) performance information is based upon published performance of the mutual funds or ETFs, which must be calculated by the funds in accordance with rules and regulations promulgated by the Securities and Exchange Commission.

Indices: Figures for the indices reflect the reinvestment of dividends but do not reflect any management fees, transaction costs or expenses, which would reduce returns. Indices are unmanaged and an investor cannot invest directly in an index. Russell 3000: A market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of the entire U.S. stock market. This index encompasses the 3,000 largest U.S.-traded stocks, in which the underlying companies are all incorporated in the U.S. MSCI All Country World Index Ex USA: A market-capitalization-weighted index maintained by MSCI Inc.and designed to provide a broad measure of stock performance throughout the world, with the exception of U.S.-based companies. The MSCI All Country World Index Ex-U.S. includes both developed and emerging markets. Bloomberg Barclays U.S. Aggregate: A market capitalization-weighted index, maintained by Bloomberg Barclays, and is often used to represent investment grade bonds being traded in United States. HFRX Global Hedge Fund Index (USD): An asset weighted index comprised of all eligible hedge fund strategies, designed to be representative of the overall composition of the hedge fund universe.

Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsAggressive Equity TaxableJune 30, 2018




level of volatility

n Fully allocated to growth assets




Yield 0.63%






The holdings supplied are a complete list as of 6/30/2018. Holdings are subject to change at any time. Allocations may not add to totals due to rounding fund allocation percentages and an approximate 1.0% allocation to cash. Beta: A measure of a portfolio’s sensitivity to market movements, measured against S&P 500. Yield: The income return on an investment, such as the interest or dividends received from holding a particular security. For assets invested in the Destinations Municipal Fixed Income Fund, Brinker Capital is contractually required to waive a portion of its advisory fee in order to keep the Fund's total annual operating expenses at the contracted expense ratio. In addition, Brinker Capital currently expects to voluntarily waive an extra portion of its advisory fee, as necessary, to keep the Fund’s expected total annual operating expenses at or below 0.80%. As the Fund’s assets increase, its fixed expenses will become a smaller percentage of the Fund’s total assets and Brinker Capital will no longer have to continue to voluntarily waive this additional portion of its fee. This voluntary waiver applies only to the advisory fee and does not apply to any other direct or indirect expenses incurred by the Fund. Brinker Capital is under no obligation to continue to voluntarily waive this additional amount and may discontinue all or part of this voluntary waiver at any time. However, Brinker Capital's contractual waiver will remain in place at least until June 30, 2018.

Asset class breakdown

Weightn Domestic Equity 71%n International Equity 24%n Absolute Return 1%n Real Assets 3%

Portfolio holdings WeightDomestic Equity (55%-81%) 70.53%Destinations Large Cap Equity Fund 54.96%BlackRock S&P 500 Index 15.68%T. Rowe Price Growth Stock 9.48%TCW Relative Value Dividend Appreciation 8.63%Columbia Focused Large Cap Growth 8.06%Delaware Value 7.91%Fort Washington Large Cap Focused Equity 5.21%Destinations Small-Mid Cap Equity Fund 14.71%Ceredex Mid Cap Value 5.79%Driehaus Micro Cap Growth 3.32%LMCG Small Cap Value 2.65%iShares S&P Mid Cap ETF 1.53%iShares S&P Small Cap ETF 1.41%Destinations Equity Income Fund 0.86%Federated Strategic Value Dividend 0.57%iShares Core Dividend Growth ETF 0.18%iShares Core High Dividend ETF 0.11%International Equity (19%-43%) 24.21%Destinations International Equity Fund 24.21%T. Rowe Price International Growth 5.86%MFS International Value 5.07%Wasatch International Micro Cap 4.62%Baron Emerging Markets 4.27%iShares Core MSCI EAFE ETF 3.01%iShares Core MSCI Emerging Markets ETF 1.37%Absolute Return (0%-25%) 1.07%Destinations Multi Strategy Alternatives Fund 1.07%Driehaus Active Income 0.35%Driehaus Event Driven 0.21%RiverNorth Opportunities 0.16%Avenue Credit Strategies 0.15%JPMorgan Strategic Income Opportunities Fund 0.14%BrandywineGLOBAL Global Unconstrained Bond Fund 0.06%Real Assets (0%-10%) 3.19%Destinations Real Assets Fund 3.19%SailingStone Global Natural Resources 2.83%iShares Core US REIT ETF 0.36%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_AGG_EQ_T



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $201,153

Russell 3000 $264,826

ACWI ex US $134,539

Barclays Muni $154,234

HFRX $96,110


Strategy 2.36% 3.00% 12.73% 9.43% 11.07% 7.24% 6.87%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% 10.23% 8.41%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% 3.01% 5.62%Barclays Muni 0.87% -0.25% 1.56% 2.85% 3.53% 4.43% 4.89%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -0.40% --



Strategy -43.44% 34.20% 16.04% -5.06% 15.89% 28.57% 6.95% 0.79% 7.50% 21.27%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Muni -2.47% 12.91% 2.38% 10.70% 6.78% -2.55% 9.05% 3.30% 0.25% 5.45%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%



Indices: Figures for the indices reflect the reinvestment of dividends but do not reflect any management fees, transaction costs or expenses, which would reduce returns. Indices are unmanaged and an investor cannot invest directly in an index. Russell 3000: A market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of the entire U.S. stock market. This index encompasses the 3,000 largest U.S.-traded stocks, in which the underlying companies are all incorporated in the U.S. MSCI All Country World Index Ex USA: A market-capitalization-weighted index maintained by MSCI Inc. and designed to provide a broad measure of stock performance throughout the world, with the exception of U.S.-based companies. The MSCI All Country World IndexEx-U.S. includes both developed and emerging markets. Bloomberg Barclays U.S. Municipal Bond Index: A market-weighted index, maintained by Barclays Capital, used to represent the broad market for investment grade, tax-exempt bonds with a maturity of over one year. Such index will have different level of volatility than the actual investment portfolio. HFRX Global Hedge Fund Index (USD): An asset weighted index comprised of all eligible hedge fund strategies, designed to be representative of the overall composition of the hedge fund universe.

Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsAggressive QualifiedJune 30, 2018




level of volatility

n Strategic target of 80% growth assets and 20% stable assets




Yield 0.98%







Asset class breakdownWeight

n Domestic Equity 59%n International Equity 20%n Fixed Income 8%n Global Credit 3%n Absolute Return 7%n Real Assets 3%

Portfolio holdings WeightDomestic Equity (40%-70%) 58.62%Destinations Large Cap Equity Fund 45.43%BlackRock S&P 500 Index 12.96%T. Rowe Price Growth Stock 7.83%TCW Relative Value Dividend Appreciation 7.14%Columbia Focused Large Cap Growth 6.66%Delaware Value 6.54%Fort Washington Large Cap Focused Equity 4.30%Destinations Small-Mid Cap Equity Fund 12.22%Ceredex Mid Cap Value 4.82%Driehaus Micro Cap Growth 2.76%LMCG Small Cap Value 2.20%iShares S&P Mid Cap ETF 1.27%iShares S&P Small Cap ETF 1.17%Destinations Equity Income Fund 0.97%Federated Strategic Value Dividend 0.64%iShares Core Dividend Growth ETF 0.20%iShares Core High Dividend ETF 0.13%International Equity (16%-38%) 20.04%Destinations International Equity Fund 20.04%T. Rowe Price International Growth 4.85%MFS International Value 4.20%Wasatch International Micro Cap 3.83%Baron Emerging Markets 3.53%iShares Core MSCI EAFE ETF 2.49%iShares Core MSCI Emerging Markets ETF 1.14%Fixed Income (5%-25%) 7.82%Destinations Core Fixed Income Fund 6.02%DoubleLine Total Return Tactical 3.79%BlackRock US Aggregate Index 2.23%Destinations Low Duration Fund 0.80%CrossingBridge Low Duration High Yield 0.46%DoubleLine Low Duration 0.21%iShares Core 1-5 Year USD Bond ETF 0.12%Global Credit (0%-15%) 2.99%Destinations Global Fixed Income Opps Fund 2.99%CrossingBridge Corporate Credit 1.51%DoubleLine Low Duration Emerging Markets 1.06%Nuveen Preferred Securities Opportunities 0.42%Absolute Return (0%-25%) 7.34%Destinations Multi Strategy Alternatives Fund 7.34%Driehaus Active Income 2.43%Driehaus Event Driven 1.42%RiverNorth Opportunities 1.09%Avenue Credit Strategies 1.05%JPMorgan Strategic Income Opportunities Fund 0.94%BrandywineGLOBAL Global Unconstrained Bond Fund 0.43%Real Assets (0%-10%) 3.19%Destinations Real Assets Fund 3.19%SailingStone Global Natural Resources 2.83%iShares Core US REIT ETF 0.36%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_AGG_Q



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $183,838

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110





Strategy -38.59% 32.46% 14.23% -4.25% 14.48% 22.68% 5.50% -0.55% 7.38% 17.41%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Agg 5.24% 5.93% 6.54% 7.84% 4.21% -2.02% 5.97% 0.55% 2.65% 3.54%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsAggressive TaxableJune 30, 2018




level of volatility



Key statisticsInception date July 1995


Yield 0.84%









Portfolio holdings WeightDomestic Equity (40%-70%) 58.85%Destinations Large Cap Equity Fund 45.71%BlackRock S&P 500 Index 13.04%T. Rowe Price Growth Stock 7.88%TCW Relative Value Dividend Appreciation 7.18%Columbia Focused Large Cap Growth 6.70%Delaware Value 6.58%Fort Washington Large Cap Focused Equity 4.33%Destinations Small-Mid Cap Equity Fund 12.18%Ceredex Mid Cap Value 4.80%Driehaus Micro Cap Growth 2.75%LMCG Small Cap Value 2.20%iShares S&P Mid Cap ETF 1.27%iShares S&P Small Cap ETF 1.17%Destinations Equity Income Fund 0.97%Federated Strategic Value Dividend 0.64%iShares Core Dividend Growth ETF 0.20%iShares Core High Dividend ETF 0.13%International Equity (16%-38%) 20.17%Destinations International Equity Fund 20.17%T. Rowe Price International Growth 4.88%MFS International Value 4.23%Wasatch International Micro Cap 3.85%Baron Emerging Markets 3.56%iShares Core MSCI EAFE ETF 2.51%iShares Core MSCI Emerging Markets ETF 1.14%Fixed Income (5%-25%) 9.71%Destinations Municipal Fixed Income Fund 7.74%Northern Trust Intermediate Municipal 7.74%Destinations Core Fixed Income Fund 0.97%DoubleLine Total Return Tactical 0.61%BlackRock US Aggregate Index 0.36%Global Credit (0%-15%) 2.54%Destinations Global Fixed Income Opps Fund 2.54%CrossingBridge Corporate Credit 1.28%DoubleLine Low Duration Emerging Markets 0.90%Nuveen Preferred Securities Opportunities 0.36%Absolute Return (0%-25%) 5.53%Destinations Multi Strategy Alternatives Fund 5.53%Driehaus Active Income 1.83%Driehaus Event Driven 1.07%RiverNorth Opportunities 0.82%Avenue Credit Strategies 0.79%JPMorgan Strategic Income Opportunities Fund 0.70%BrandywineGLOBAL Global Unconstrained Bond Fund 0.32%Real Assets (0%-10%) 3.20%Destinations Real Assets Fund 3.20%SailingStone Global Natural Resources 2.84%iShares Core US REIT ETF 0.36%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_AGG_T



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $185,291

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110









Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsBalanced Income QualifiedJune 30, 2018



Portfolio overview*n Balanced objective of income and capital appreciation



Key statisticsInception date July 2004


Yield 2.15%









Portfolio holdings WeightDomestic Equity (30%-55%) 39.23%Destinations Equity Income Fund 23.45%Federated Strategic Value Dividend 15.51%iShares Core Dividend Growth ETF 4.84%iShares Core High Dividend ETF 3.09%Destinations Large Cap Equity Fund 12.16%BlackRock S&P 500 Index 3.47%T. Rowe Price Growth Stock 2.10%TCW Relative Value Dividend Appreciation 1.91%Columbia Focused Large Cap Growth 1.78%Delaware Value 1.75%Fort Washington Large Cap Focused Equity 1.15%Destinations Small-Mid Cap Equity Fund 3.63%Ceredex Mid Cap Value 1.43%Driehaus Micro Cap Growth 0.82%LMCG Small Cap Value 0.65%iShares S&P Mid Cap ETF 0.38%iShares S&P Small Cap ETF 0.35%International Equity (4%-15%) 12.93%Destinations International Equity Fund 12.93%T. Rowe Price International Growth 3.13%MFS International Value 2.71%Wasatch International Micro Cap 2.47%Baron Emerging Markets 2.28%iShares Core MSCI EAFE ETF 1.61%iShares Core MSCI Emerging Markets ETF 0.73%Fixed Income (15%-50%) 20.57%Destinations Core Fixed Income Fund 16.41%DoubleLine Total Return Tactical 10.33%BlackRock US Aggregate Index 6.08%Destinations Low Duration Fund 3.16%CrossingBridge Low Duration High Yield 1.85%DoubleLine Low Duration 0.84%iShares Core 1-5 Year USD Bond ETF 0.47%Global Credit (0%-30%) 13.65%Destinations Global Fixed Income Opps Fund 13.65%CrossingBridge Corporate Credit 6.89%DoubleLine Low Duration Emerging Markets 4.82%Nuveen Preferred Securities Opportunities 1.94%Absolute Return (0%-25%) 10.68%Destinations Multi Strategy Alternatives Fund 10.68%Driehaus Active Income 3.53%Driehaus Event Driven 2.06%RiverNorth Opportunities 1.58%Avenue Credit Strategies 1.53%JPMorgan Strategic Income Opportunities Fund 1.36%BrandywineGLOBAL Global Unconstrained Bond Fund 0.62%Real Assets (0%-20%) 2.94%Destinations Real Assets Fund 2.94%SailingStone Global Natural Resources 2.61%iShares Core US REIT ETF 0.33%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_BAL_INC_Q



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $171,876

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110


Strategy 1.02% -0.50% 4.75% 5.39% 5.92% 5.57% 5.61%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% 10.23% 8.87%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% 3.01% 6.66%Barclays Agg -0.16% -1.62% -0.40% 1.72% 2.27% 3.72% 4.02%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -0.40% 0.97%

Standard deviation1 Year 3 Year 5 Year Since Inc.4.05% 5.17% 4.98% 8.28%7.86% 10.16% 9.87% 13.91%9.43% 12.02% 11.56% 17.11%2.27% 2.61% 2.68% 3.13%3.84% 3.85% 3.57% 5.43%


Strategy -26.88% 22.65% 12.22% 2.38% 11.40% 10.81% 6.61% -0.90% 7.70% 11.02%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Agg 5.24% 5.93% 6.54% 7.84% 4.21% -2.02% 5.97% 0.55% 2.65% 3.54%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsBalanced Income TaxableJune 30, 2018



Portfolio overview*n Balanced objective of income and capital appreciation



Key statisticsInception date August 2006


Yield 1.83%









Portfolio holdings WeightDomestic Equity (30%-55%) 39.68%Destinations Equity Income Fund 23.40%Federated Strategic Value Dividend 15.47%iShares Core Dividend Growth ETF 4.83%iShares Core High Dividend ETF 3.09%Destinations Large Cap Equity Fund 12.77%BlackRock S&P 500 Index 3.64%T. Rowe Price Growth Stock 2.20%TCW Relative Value Dividend Appreciation 2.01%Columbia Focused Large Cap Growth 1.87%Delaware Value 1.84%Fort Washington Large Cap Focused Equity 1.21%Destinations Small-Mid Cap Equity Fund 3.51%Ceredex Mid Cap Value 1.38%Driehaus Micro Cap Growth 0.79%LMCG Small Cap Value 0.63%iShares S&P Mid Cap ETF 0.37%iShares S&P Small Cap ETF 0.34%International Equity (4%-15%) 13.13%Destinations International Equity Fund 13.13%T. Rowe Price International Growth 3.18%MFS International Value 2.75%Wasatch International Micro Cap 2.51%Baron Emerging Markets 2.31%iShares Core MSCI EAFE ETF 1.63%iShares Core MSCI Emerging Markets ETF 0.74%Fixed Income (15%-50%) 22.49%Destinations Municipal Fixed Income Fund 17.94%Northern Trust Intermediate Municipal 17.94%Destinations Core Fixed Income Fund 3.55%DoubleLine Total Return Tactical 2.24%BlackRock US Aggregate Index 1.32%Global Credit (0%-30%) 13.63%Destinations Global Fixed Income Opps Fund 13.63%CrossingBridge Corporate Credit 6.88%DoubleLine Low Duration Emerging Markets 4.82%Nuveen Preferred Securities Opportunities 1.94%Absolute Return (0%-25%) 8.12%Destinations Multi Strategy Alternatives Fund 8.12%Driehaus Active Income 2.68%Driehaus Event Driven 1.57%RiverNorth Opportunities 1.20%Avenue Credit Strategies 1.16%JPMorgan Strategic Income Opportunities Fund 1.03%BrandywineGLOBAL Global Unconstrained Bond Fund 0.47%Real Assets (0%-20%) 2.95%Destinations Real Assets Fund 2.95%SailingStone Global Natural Resources 2.62%iShares Core US REIT ETF 0.33%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_BAL_INC_T



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $172,603

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110


Strategy 1.05% -0.67% 4.45% 5.63% 6.14% 5.61% 4.92%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% 10.23% 8.96%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% 3.01% 4.16%Barclays Muni 0.87% -0.25% 1.56% 2.85% 3.53% 4.43% 4.28%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -0.40% 0.46%



Strategy -25.66% 22.43% 10.77% 3.49% 10.75% 10.44% 7.21% -0.24% 7.05% 11.73%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Muni -2.47% 12.91% 2.38% 10.70% 6.78% -2.55% 9.05% 3.30% 0.25% 5.45%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsConservative QualifiedJune 30, 2018



Portfolio overview*n Wealth preservation


n Suitable for investors with a timeframe of 3+ years

Key statisticsInception date June 1995


Yield 2.03%









Portfolio holdings WeightDomestic Equity (13%-30%) 19.42%Destinations Large Cap Equity Fund 15.38%BlackRock S&P 500 Index 4.39%T. Rowe Price Growth Stock 2.65%TCW Relative Value Dividend Appreciation 2.42%Columbia Focused Large Cap Growth 2.26%Delaware Value 2.22%Fort Washington Large Cap Focused Equity 1.46%Destinations Small-Mid Cap Equity Fund 4.04%Ceredex Mid Cap Value 1.59%Driehaus Micro Cap Growth 0.91%LMCG Small Cap Value 0.73%iShares S&P Mid Cap ETF 0.42%iShares S&P Small Cap ETF 0.39%International Equity (5%-15%) 6.52%Destinations International Equity Fund 6.52%T. Rowe Price International Growth 1.58%MFS International Value 1.37%Wasatch International Micro Cap 1.25%Baron Emerging Markets 1.15%iShares Core MSCI EAFE ETF 0.81%iShares Core MSCI Emerging Markets ETF 0.37%Fixed Income (40%-80%) 48.80%Destinations Core Fixed Income Fund 42.18%DoubleLine Total Return Tactical 26.56%BlackRock US Aggregate Index 15.62%Destinations Low Duration Fund 5.62%CrossingBridge Low Duration High Yield 3.29%DoubleLine Low Duration 1.50%iShares Core 1-5 Year USD Bond ETF 0.84%Global Credit (0%-25%) 7.91%Destinations Global Fixed Income Opps Fund 7.91%CrossingBridge Corporate Credit 3.99%DoubleLine Low Duration Emerging Markets 2.80%Nuveen Preferred Securities Opportunities 1.12%Absolute Return (0%-25%) 14.64%Destinations Multi Strategy Alternatives Fund 14.64%Driehaus Active Income 4.84%Driehaus Event Driven 2.83%RiverNorth Opportunities 2.17%Avenue Credit Strategies 2.09%JPMorgan Strategic Income Opportunities Fund 1.87%BrandywineGLOBAL Global Unconstrained Bond Fund 0.85%Real Assets (0%-10%) 2.71%Destinations Real Assets Fund 2.71%SailingStone Global Natural Resources 2.41%iShares Core US REIT ETF 0.30%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_CONS_Q



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $145,819

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110





Strategy -19.72% 17.03% 8.79% 0.72% 9.06% 5.94% 4.30% -1.06% 5.22% 7.79%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Agg 5.24% 5.93% 6.54% 7.84% 4.21% -2.02% 5.97% 0.55% 2.65% 3.54%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsConservative TaxableJune 30, 2018



Portfolio overview*n Wealth preservation


n Suitable for investors with a timeframe of 3+ years



Yield 1.21%









Portfolio holdings WeightDomestic Equity (13%-30%) 20.23%Destinations Large Cap Equity Fund 16.06%BlackRock S&P 500 Index 4.58%T. Rowe Price Growth Stock 2.77%TCW Relative Value Dividend Appreciation 2.52%Columbia Focused Large Cap Growth 2.36%Delaware Value 2.31%Fort Washington Large Cap Focused Equity 1.52%Destinations Small-Mid Cap Equity Fund 4.17%Ceredex Mid Cap Value 1.64%Driehaus Micro Cap Growth 0.94%LMCG Small Cap Value 0.75%iShares S&P Mid Cap ETF 0.43%iShares S&P Small Cap ETF 0.40%International Equity (5%-15%) 6.83%Destinations International Equity Fund 6.83%T. Rowe Price International Growth 1.65%MFS International Value 1.43%Wasatch International Micro Cap 1.30%Baron Emerging Markets 1.20%iShares Core MSCI EAFE ETF 0.85%iShares Core MSCI Emerging Markets ETF 0.39%Fixed Income (40%-80%) 55.20%Destinations Municipal Fixed Income Fund 47.43%Northern Trust Intermediate Municipal 47.43%Destinations Low Duration Fund 3.67%CrossingBridge Low Duration High Yield 2.15%DoubleLine Low Duration 0.98%iShares Core 1-5 Year USD Bond ETF 0.55%Destinations Core Fixed Income Fund 3.10%DoubleLine Total Return Tactical 1.95%BlackRock US Aggregate Index 1.15%Global Credit (0%-25%) 4.99%Destinations Global Fixed Income Opps Fund 4.99%CrossingBridge Corporate Credit 2.52%DoubleLine Low Duration Emerging Markets 1.76%Nuveen Preferred Securities Opportunities 0.71%Absolute Return (0%-25%) 10.04%Destinations Multi Strategy Alternatives Fund 10.04%Driehaus Active Income 3.32%Driehaus Event Driven 1.94%RiverNorth Opportunities 1.49%Avenue Credit Strategies 1.43%JPMorgan Strategic Income Opportunities Fund 1.28%BrandywineGLOBAL Global Unconstrained Bond Fund 0.58%Real Assets (0%-10%) 2.71%Destinations Real Assets Fund 2.71%SailingStone Global Natural Resources 2.41%iShares Core US REIT ETF 0.30%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_CONS_T



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $148,499

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110





Strategy -17.13% 17.38% 6.27% 2.45% 7.92% 5.49% 5.73% 0.25% 3.64% 8.32%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Muni -2.47% 12.91% 2.38% 10.70% 6.78% -2.55% 9.05% 3.30% 0.25% 5.45%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsDefensive QualifiedJune 30, 2018



Portfolio overview*n Absolute return objective

n Low volatility and low correlation to equity markets

n Suited for investors with a timeframe of 1+ years

Key statisticsInception date October 2009


Yield 2.58%









Portfolio holdings WeightDomestic Equity (0%-16%) 5.43%Destinations Large Cap Equity Fund 5.43%BlackRock S&P 500 Index 1.55%T. Rowe Price Growth Stock 0.94%TCW Relative Value Dividend Appreciation 0.85%Columbia Focused Large Cap Growth 0.80%Delaware Value 0.78%Fort Washington Large Cap Focused Equity 0.51%International Equity (0%-8%) 1.63%Destinations International Equity Fund 1.63%T. Rowe Price International Growth 0.40%MFS International Value 0.34%Wasatch International Micro Cap 0.31%Baron Emerging Markets 0.29%iShares Core MSCI EAFE ETF 0.20%iShares Core MSCI Emerging Markets ETF 0.09%Fixed Income (50%-100%) 63.37%Destinations Core Fixed Income Fund 43.29%DoubleLine Total Return Tactical 27.26%BlackRock US Aggregate Index 16.03%Destinations Low Duration Fund 19.08%CrossingBridge Low Duration High Yield 11.16%DoubleLine Low Duration 5.08%iShares Core 1-5 Year USD Bond ETF 2.85%Global Credit (0%-30%) 12.50%Destinations Global Fixed Income Opps Fund 12.50%CrossingBridge Corporate Credit 6.31%DoubleLine Low Duration Emerging Markets 4.42%Nuveen Preferred Securities Opportunities 1.78%Absolute Return (0%-30%) 15.64%Destinations Multi Strategy Alternatives Fund 15.64%Driehaus Active Income 5.17%Driehaus Event Driven 3.02%RiverNorth Opportunities 2.31%Avenue Credit Strategies 2.23%JPMorgan Strategic Income Opportunities Fund 1.99%BrandywineGLOBAL Global Unconstrained Bond Fund 0.91%Real Assets (0%-10%) 1.42%Destinations Real Assets Fund 1.42%SailingStone Global Natural Resources 1.26%iShares Core US REIT ETF 0.16%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_DEF_Q

Growth of $100,000 since inception

Sep-09 Nov-11 Feb-14 Apr-16 Jun-18$50,000

$100,000

$150,000

$200,000

$250,000

$300,000


Strategy $130,433

Russell 3000 $310,047

ACWI ex US $161,735


HFRX $111,657


Strategy 0.48% 0.10% 1.92% 2.13% 2.45% -- 3.08%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% -- 13.81%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% -- 5.65%Barclays Agg -0.16% -1.62% -0.40% 1.72% 2.27% -- 3.13%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -- 1.27%


Calendar year performance2010 2011 2012 2013 2014 2015 2016 2017

Strategy 5.95% 2.04% 6.29% 1.53% 3.22% -0.93% 3.67% 4.37%Russell 3000 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Agg 6.54% 7.84% 4.21% -2.02% 5.97% 0.55% 2.65% 3.54%HFRX 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsDefensive TaxableJune 30, 2018



Portfolio overview*n Absolute return objective

n Low volatility and low correlation to equity markets

n Suited for investors with a timeframe of 1+ years

Key statisticsInception date October 2009


Yield 1.91%









Portfolio holdings WeightDomestic Equity (0%-16%) 5.99%Destinations Large Cap Equity Fund 5.99%BlackRock S&P 500 Index 1.71%T. Rowe Price Growth Stock 1.03%TCW Relative Value Dividend Appreciation 0.94%Columbia Focused Large Cap Growth 0.88%Delaware Value 0.86%Fort Washington Large Cap Focused Equity 0.57%International Equity (0%-8%) 1.80%Destinations International Equity Fund 1.80%T. Rowe Price International Growth 0.44%MFS International Value 0.38%Wasatch International Micro Cap 0.34%Baron Emerging Markets 0.32%iShares Core MSCI EAFE ETF 0.22%iShares Core MSCI Emerging Markets ETF 0.10%Fixed Income (50%-100%) 65.70%Destinations Municipal Fixed Income Fund 41.17%Northern Trust Intermediate Municipal 41.17%Destinations Low Duration Fund 17.47%CrossingBridge Low Duration High Yield 10.21%DoubleLine Low Duration 4.65%iShares Core 1-5 Year USD Bond ETF 2.61%Destinations Core Fixed Income Fund 6.06%DoubleLine Total Return Tactical 3.81%BlackRock US Aggregate Index 2.24%Global Credit (0%-30%) 12.31%Destinations Global Fixed Income Opps Fund 12.31%CrossingBridge Corporate Credit 6.21%DoubleLine Low Duration Emerging Markets 4.35%Nuveen Preferred Securities Opportunities 1.75%Absolute Return (0%-30%) 12.78%Destinations Multi Strategy Alternatives Fund 12.78%Driehaus Active Income 4.22%Driehaus Event Driven 2.47%RiverNorth Opportunities 1.89%Avenue Credit Strategies 1.83%JPMorgan Strategic Income Opportunities Fund 1.63%BrandywineGLOBAL Global Unconstrained Bond Fund 0.74%Real Assets (0%-10%) 1.42%Destinations Real Assets Fund 1.42%SailingStone Global Natural Resources 1.26%iShares Core US REIT ETF 0.16%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_DEF_T


Sep-09 Nov-11 Feb-14 Apr-16 Jun-18$50,000

$100,000

$150,000

$200,000

$250,000

$300,000


Strategy $127,883

Russell 3000 $310,047

ACWI ex US $161,735


HFRX $111,657


Strategy 0.62% 0.23% 1.90% 2.21% 2.61% -- 2.85%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% -- 13.81%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% -- 5.65%Barclays Muni 0.87% -0.25% 1.56% 2.85% 3.53% -- 3.81%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -- 1.27%


Calendar year performance2010 2011 2012 2013 2014 2015 2016 2017

Strategy 3.37% 3.78% 5.06% 1.29% 4.25% 0.06% 2.51% 4.29%Russell 3000 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Muni 2.38% 10.70% 6.78% -2.55% 9.05% 3.30% 0.25% 5.45%HFRX 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsDiversified Income QualifiedJune 30, 2018



Portfolio overview*n Maintains a strategic target allocation of 30% growth

assets and 70% stable assets

n Target yield is within the range of Treasury bills +2-4%

n Investors should have an investment timeframe of at least 3 years

Key statisticsInception date November 2011


Yield 2.59%






The holdings supplied are a complete list as of 6/30/2018. Holdings are subject to change at any time. Allocations may not add to totals due to rounding fund allocation percentages and an approximate 1.0% allocation to cash. Beta: A measure of a portfolio’s sensitivity to market movements, measured against S&P 500. Yield: The income return on an investment, such as the interest or dividends received from holding a particular security.The performance returns provided prior to 7/1/17 is that of both qualified and taxable accounts that were open for the full period of Diversified Income. Those accounts may have been invested in mutual funds, exchange-traded funds and individual securities, according to the asset allocation policy for Diversified Income. As of 8/01/16, Brinker Capital no longer invested in individual securities within Diversified Income and as of 7/10/17, will only invest in mutual funds within the strategy. There has been no change in the investment philosophy and objective of Diversified Income during this period.



Portfolio holdings WeightDomestic Equity (9%-30%) 19.62%Destinations Equity Income Fund 15.92%Federated Strategic Value Dividend 10.53%iShares Core Dividend Growth ETF 3.29%iShares Core High Dividend ETF 2.10%Destinations Large Cap Equity Fund 3.70%BlackRock S&P 500 Index 1.05%T. Rowe Price Growth Stock 0.64%TCW Relative Value Dividend Appreciation 0.58%Columbia Focused Large Cap Growth 0.54%Delaware Value 0.53%Fort Washington Large Cap Focused Equity 0.35%International Equity (3%-15%) 5.56%Destinations International Equity Fund 5.56%T. Rowe Price International Growth 1.35%MFS International Value 1.16%Wasatch International Micro Cap 1.06%Baron Emerging Markets 0.98%iShares Core MSCI EAFE ETF 0.69%iShares Core MSCI Emerging Markets ETF 0.32%Fixed Income (35%-85%) 39.68%Destinations Core Fixed Income Fund 29.01%DoubleLine Total Return Tactical 18.27%BlackRock US Aggregate Index 10.74%Destinations Low Duration Fund 9.67%CrossingBridge Low Duration High Yield 5.65%DoubleLine Low Duration 2.57%iShares Core 1-5 Year USD Bond ETF 1.44%Global Credit (0%-30%) 20.18%Destinations Global Fixed Income Opps Fund 20.18%CrossingBridge Corporate Credit 10.18%DoubleLine Low Duration Emerging Markets 7.13%Nuveen Preferred Securities Opportunities 2.87%Absolute Return (0%-25%) 11.17%Destinations Multi Strategy Alternatives Fund 11.17%Driehaus Active Income 3.69%Driehaus Event Driven 2.16%RiverNorth Opportunities 1.65%Avenue Credit Strategies 1.60%JPMorgan Strategic Income Opportunities Fund 1.42%BrandywineGLOBAL Global Unconstrained Bond Fund 0.65%Real Assets (0%-20%) 3.79%Destinations Real Assets Fund 3.79%SailingStone Global Natural Resources 3.36%iShares Core US REIT ETF 0.43%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_DI_Q


Oct-11 Jun-13 Feb-15 Oct-16 Jun-18$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000


Strategy $126,132

Russell 3000 $249,207

ACWI ex US $151,234


HFRX $112,545


Strategy 0.74% -0.61% 2.68% 1.14% 2.57% -- 3.54%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% -- 14.68%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% -- 6.40%Barclays Agg -0.16% -1.62% -0.40% 1.72% 2.27% -- 2.11%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -- 1.79%


Calendar year performance2012 2013 2014 2015 2016 2017

Strategy 8.37% 7.59% 3.40% -4.37% 1.79% 7.34%Russell 3000 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Agg 4.21% -2.02% 5.97% 0.55% 2.65% 3.54%HFRX 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsDiversified Income TaxableJune 30, 2018



Portfolio overview*n Maintains a strategic target allocation of 30% growth

assets and 70% stable assets

n Target yield is within the range of Treasury bills +2-4%

n Investors should have an investment timeframe of at least 3 years

Key statisticsInception date November 2011


Yield 2.20%









Portfolio holdings WeightDomestic Equity (9%-30%) 19.56%Destinations Equity Income Fund 15.81%Federated Strategic Value Dividend 10.46%iShares Core Dividend Growth ETF 3.27%iShares Core High Dividend ETF 2.09%Destinations Large Cap Equity Fund 3.75%BlackRock S&P 500 Index 1.07%T. Rowe Price Growth Stock 0.65%TCW Relative Value Dividend Appreciation 0.59%Columbia Focused Large Cap Growth 0.55%Delaware Value 0.54%Fort Washington Large Cap Focused Equity 0.35%International Equity (3%-15%) 5.54%Destinations International Equity Fund 5.54%T. Rowe Price International Growth 1.34%MFS International Value 1.16%Wasatch International Micro Cap 1.06%Baron Emerging Markets 0.98%iShares Core MSCI EAFE ETF 0.69%iShares Core MSCI Emerging Markets ETF 0.31%Fixed Income (35%-85%) 39.82%Destinations Municipal Fixed Income Fund 25.24%Northern Trust Intermediate Municipal 25.24%Destinations Low Duration Fund 9.66%CrossingBridge Low Duration High Yield 5.65%DoubleLine Low Duration 2.57%iShares Core 1-5 Year USD Bond ETF 1.44%Destinations Core Fixed Income Fund 3.93%DoubleLine Total Return Tactical 2.47%BlackRock US Aggregate Index 1.45%Global Credit (0%-30%) 20.13%Destinations Global Fixed Income Opps Fund 20.13%CrossingBridge Corporate Credit 10.16%DoubleLine Low Duration Emerging Markets 7.12%Nuveen Preferred Securities Opportunities 2.86%Absolute Return (0%-25%) 11.17%Destinations Multi Strategy Alternatives Fund 11.17%Driehaus Active Income 3.69%Driehaus Event Driven 2.16%RiverNorth Opportunities 1.65%Avenue Credit Strategies 1.60%JPMorgan Strategic Income Opportunities Fund 1.42%BrandywineGLOBAL Global Unconstrained Bond Fund 0.65%Real Assets (0%-20%) 3.78%Destinations Real Assets Fund 3.78%SailingStone Global Natural Resources 3.36%iShares Core US REIT ETF 0.42%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_DI_T


Oct-11 Jun-13 Feb-15 Oct-16 Jun-18$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000


Strategy $126,060

Russell 3000 $249,207

ACWI ex US $151,234


HFRX $112,545


Strategy 0.84% -0.45% 2.62% 1.12% 2.56% -- 3.53%Russell 3000 3.89% 3.22% 14.78% 11.58% 13.29% -- 14.68%ACWI ex US -2.39% -3.44% 7.79% 5.56% 6.48% -- 6.40%Barclays Agg -0.16% -1.62% -0.40% 1.72% 2.27% -- 2.11%HFRX 0.17% -0.85% 2.47% 0.83% 1.32% -- 1.79%


Calendar year performance2012 2013 2014 2015 2016 2017

Strategy 8.37% 7.59% 3.40% -4.37% 1.79% 7.11%Russell 3000 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Agg 4.21% -2.02% 5.97% 0.55% 2.65% 3.54%HFRX 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsModerately Aggressive QualifiedJune 30, 2018



Portfolio overview*n Long-term capital appreciation with moderate volatility





Yield 1.19%










This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_MOD_AGG_Q



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $177,451

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110









Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsModerately Aggressive TaxableJune 30, 2018



Portfolio overview*n Long-term capital appreciation with moderate volatility



Key statisticsInception date April 1995


Yield 0.92%









Portfolio holdings WeightDomestic Equity (35%-60%) 51.60%Destinations Large Cap Equity Fund 40.06%BlackRock S&P 500 Index 11.42%T. Rowe Price Growth Stock 6.91%TCW Relative Value Dividend Appreciation 6.29%Columbia Focused Large Cap Growth 5.87%Delaware Value 5.77%Fort Washington Large Cap Focused Equity 3.79%Destinations Small-Mid Cap Equity Fund 10.56%Ceredex Mid Cap Value 4.16%Driehaus Micro Cap Growth 2.38%LMCG Small Cap Value 1.91%iShares S&P Mid Cap ETF 1.10%iShares S&P Small Cap ETF 1.01%Destinations Equity Income Fund 0.98%Federated Strategic Value Dividend 0.65%iShares Core Dividend Growth ETF 0.20%iShares Core High Dividend ETF 0.13%International Equity (13%-30%) 17.60%Destinations International Equity Fund 17.60%T. Rowe Price International Growth 4.26%MFS International Value 3.69%Wasatch International Micro Cap 3.36%Baron Emerging Markets 3.10%iShares Core MSCI EAFE ETF 2.19%iShares Core MSCI Emerging Markets ETF 1.00%Fixed Income (10%-35%) 18.00%Destinations Municipal Fixed Income Fund 15.14%Northern Trust Intermediate Municipal 15.14%Destinations Core Fixed Income Fund 1.86%DoubleLine Total Return Tactical 1.17%BlackRock US Aggregate Index 0.69%Global Credit (0%-20%) 3.30%Destinations Global Fixed Income Opps Fund 3.30%CrossingBridge Corporate Credit 1.66%DoubleLine Low Duration Emerging Markets 1.17%Nuveen Preferred Securities Opportunities 0.47%Absolute Return (0%-25%) 6.50%Destinations Multi Strategy Alternatives Fund 6.50%Driehaus Active Income 2.15%Driehaus Event Driven 1.26%RiverNorth Opportunities 0.96%Avenue Credit Strategies 0.93%JPMorgan Strategic Income Opportunities Fund 0.83%BrandywineGLOBAL Global Unconstrained Bond Fund 0.38%Real Assets (0%-10%) 3.00%Destinations Real Assets Fund 3.00%SailingStone Global Natural Resources 2.66%iShares Core US REIT ETF 0.34%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_MOD_AGG_T



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $178,478

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110









Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsModerately Conservative QualifiedJune 30, 2018



Portfolio overview*n Long-term growth of capital with modest level of

volatility



Key statisticsInception date February 1995


Yield 1.80%









Portfolio holdings WeightDomestic Equity (18%-40%) 27.36%Destinations Large Cap Equity Fund 21.68%BlackRock S&P 500 Index 6.18%T. Rowe Price Growth Stock 3.74%TCW Relative Value Dividend Appreciation 3.41%Columbia Focused Large Cap Growth 3.18%Delaware Value 3.12%Fort Washington Large Cap Focused Equity 2.05%Destinations Small-Mid Cap Equity Fund 5.69%Ceredex Mid Cap Value 2.24%Driehaus Micro Cap Growth 1.28%LMCG Small Cap Value 1.03%iShares S&P Mid Cap ETF 0.59%iShares S&P Small Cap ETF 0.55%International Equity (7%-18%) 9.29%Destinations International Equity Fund 9.29%T. Rowe Price International Growth 2.25%MFS International Value 1.95%Wasatch International Micro Cap 1.78%Baron Emerging Markets 1.64%iShares Core MSCI EAFE ETF 1.16%iShares Core MSCI Emerging Markets ETF 0.53%Fixed Income (30%-70%) 39.78%Destinations Core Fixed Income Fund 35.74%DoubleLine Total Return Tactical 22.51%BlackRock US Aggregate Index 13.23%Destinations Low Duration Fund 3.04%CrossingBridge Low Duration High Yield 1.78%DoubleLine Low Duration 0.81%iShares Core 1-5 Year USD Bond ETF 0.45%Global Credit (0%-25%) 7.24%Destinations Global Fixed Income Opps Fund 7.24%CrossingBridge Corporate Credit 3.65%DoubleLine Low Duration Emerging Markets 2.56%Nuveen Preferred Securities Opportunities 1.03%Absolute Return (0%-25%) 13.60%Destinations Multi Strategy Alternatives Fund 13.60%Driehaus Active Income 4.50%Driehaus Event Driven 2.63%RiverNorth Opportunities 2.01%Avenue Credit Strategies 1.94%JPMorgan Strategic Income Opportunities Fund 1.73%BrandywineGLOBAL Global Unconstrained Bond Fund 0.79%Real Assets (0%-10%) 2.72%Destinations Real Assets Fund 2.72%SailingStone Global Natural Resources 2.41%iShares Core US REIT ETF 0.31%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_MOD_CONS_Q



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $154,214

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110









Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsModerately Conservative TaxableJune 30, 2018



Portfolio overview*n Long-term growth of capital with modest level of

volatility



Key statisticsInception date February 1995


Yield 1.15%









Portfolio holdings WeightDomestic Equity (18%-40%) 28.08%Destinations Large Cap Equity Fund 22.28%BlackRock S&P 500 Index 6.36%T. Rowe Price Growth Stock 3.84%TCW Relative Value Dividend Appreciation 3.50%Columbia Focused Large Cap Growth 3.27%Delaware Value 3.21%Fort Washington Large Cap Focused Equity 2.11%Destinations Small-Mid Cap Equity Fund 5.79%Ceredex Mid Cap Value 2.28%Driehaus Micro Cap Growth 1.31%LMCG Small Cap Value 1.04%iShares S&P Mid Cap ETF 0.60%iShares S&P Small Cap ETF 0.56%International Equity (7%-18%) 9.63%Destinations International Equity Fund 9.63%T. Rowe Price International Growth 2.33%MFS International Value 2.02%Wasatch International Micro Cap 1.84%Baron Emerging Markets 1.70%iShares Core MSCI EAFE ETF 1.20%iShares Core MSCI Emerging Markets ETF 0.55%Fixed Income (30%-70%) 45.32%Destinations Municipal Fixed Income Fund 38.53%Northern Trust Intermediate Municipal 38.53%Destinations Core Fixed Income Fund 3.04%DoubleLine Total Return Tactical 1.91%BlackRock US Aggregate Index 1.12%Destinations Low Duration Fund 2.76%CrossingBridge Low Duration High Yield 1.61%DoubleLine Low Duration 0.73%iShares Core 1-5 Year USD Bond ETF 0.41%Global Credit (0%-25%) 4.98%Destinations Global Fixed Income Opps Fund 4.98%CrossingBridge Corporate Credit 2.51%DoubleLine Low Duration Emerging Markets 1.76%Nuveen Preferred Securities Opportunities 0.71%Absolute Return (0%-25%) 9.27%Destinations Multi Strategy Alternatives Fund 9.27%Driehaus Active Income 3.06%Driehaus Event Driven 1.79%RiverNorth Opportunities 1.37%Avenue Credit Strategies 1.32%JPMorgan Strategic Income Opportunities Fund 1.18%BrandywineGLOBAL Global Unconstrained Bond Fund 0.54%Real Assets (0%-10%) 2.71%Destinations Real Assets Fund 2.71%SailingStone Global Natural Resources 2.41%iShares Core US REIT ETF 0.30%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_MOD_CONS_T



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $156,644

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110





Strategy -20.97% 19.37% 7.80% 1.18% 9.36% 8.99% 5.72% 0.22% 4.35% 10.21%Russell 3000 -37.31% 28.34% 16.93% 1.03% 16.42% 33.55% 12.56% 0.48% 12.74% 21.13%ACWI ex US -45.24% 42.14% 11.60% -13.33% 17.39% 15.78% -3.44% -5.25% 5.01% 27.77%Barclays Muni -2.47% 12.91% 2.38% 10.70% 6.78% -2.55% 9.05% 3.30% 0.25% 5.45%HFRX -23.25% 13.40% 5.19% -8.87% 3.51% 6.72% -0.58% -3.64% 2.50% 5.99%




Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsModerate QualifiedJune 30, 2018



Portfolio overview*n Long-term growth of capital with moderate volatility





Yield 1.41%










This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_MOD_Q



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $170,266

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110









Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

DestinationsModerate TaxableJune 30, 2018



Portfolio overview*n Long-term growth of capital with moderate volatility



Key statisticsInception date March 1995


Yield 1.01%









Portfolio holdings WeightDomestic Equity (30%-55%) 44.01%Destinations Large Cap Equity Fund 33.90%BlackRock S&P 500 Index 9.67%T. Rowe Price Growth Stock 5.84%TCW Relative Value Dividend Appreciation 5.33%Columbia Focused Large Cap Growth 4.97%Delaware Value 4.88%Fort Washington Large Cap Focused Equity 3.21%Destinations Small-Mid Cap Equity Fund 9.15%Ceredex Mid Cap Value 3.60%Driehaus Micro Cap Growth 2.06%LMCG Small Cap Value 1.65%iShares S&P Mid Cap ETF 0.95%iShares S&P Small Cap ETF 0.88%Destinations Equity Income Fund 0.97%Federated Strategic Value Dividend 0.64%iShares Core Dividend Growth ETF 0.20%iShares Core High Dividend ETF 0.13%International Equity (11%-27%) 14.89%Destinations International Equity Fund 14.89%T. Rowe Price International Growth 3.60%MFS International Value 3.12%Wasatch International Micro Cap 2.84%Baron Emerging Markets 2.63%iShares Core MSCI EAFE ETF 1.85%iShares Core MSCI Emerging Markets ETF 0.84%Fixed Income (15%-45%) 26.53%Destinations Municipal Fixed Income Fund 22.45%Northern Trust Intermediate Municipal 22.45%Destinations Core Fixed Income Fund 2.17%DoubleLine Total Return Tactical 1.37%BlackRock US Aggregate Index 0.80%Destinations Low Duration Fund 0.91%CrossingBridge Low Duration High Yield 0.53%DoubleLine Low Duration 0.24%iShares Core 1-5 Year USD Bond ETF 0.14%Global Credit (0%-20%) 4.29%Destinations Global Fixed Income Opps Fund 4.29%CrossingBridge Corporate Credit 2.16%DoubleLine Low Duration Emerging Markets 1.52%Nuveen Preferred Securities Opportunities 0.61%Absolute Return (0%-25%) 7.29%Destinations Multi Strategy Alternatives Fund 7.29%Driehaus Active Income 2.41%Driehaus Event Driven 1.41%RiverNorth Opportunities 1.08%Avenue Credit Strategies 1.04%JPMorgan Strategic Income Opportunities Fund 0.93%BrandywineGLOBAL Global Unconstrained Bond Fund 0.42%Real Assets (0%-10%) 2.99%Destinations Real Assets Fund 2.99%SailingStone Global Natural Resources 2.65%iShares Core US REIT ETF 0.34%

This report is exclusively for one-on-one use only with investors. Not for redistribution. 800.333.4573FS_DEST_MOD_T



$50,000

$100,000

$150,000

$200,000

$250,000


Strategy $170,959

Russell 3000 $264,826

ACWI ex US $134,539


HFRX $96,110









Year 1 2 3 4 5 6 7 8 9 1010% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.599% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.375% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.634% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.483% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.342% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22

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