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Unformatted text preview: December 31, 2010 PL PORTFOLIO OPTIMIZATION A SHARES Moderate-Conservative Fund Fund Overview Objective: Seeks current income and moderate growth of capital. Strategy: Underlying funds that invests the majority of its assets in fixed income, such as investment-grade securities, including mortgage-related and international securities, but also invests a considerable portion of its assets in equity securities. Lipper Rankings – Class A Mixed-asset Target Allocation Moderate 1-Year 398 out of 510 funds 3-Year (top 7%) 32 out of 459 funds 5-Year (top 20%) 80 out of 392 funds Since Inception 124 out of 302 funds Growth of a Hypothetical $10,000 Investment—Class A (Without Sales Charge) Performance Analysis % Avg. Annual Total Returns (Periods ended 12/31/10) Performance Analysis % Calendar Year-end Returns 1 Barclays Capital U.S. Aggregate Bond Index: Composed of approximately 7,000 asset-based, corporate, government, and mortgage-backed bonds. The index’s total return consists of price appreciation/depreciation and income as a percentage of the original investment. 2 S&P 500 Index: A market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market. 3 MSCI EAFE Index (Morgan Stanley Capital International): Measures the performance of developed stock markets in Europe, Australasia, and the Far East. 4 BofA Merrill Lynch U.S. 3-Month Treasury Bill Index: Comprised of a single issue purchased at the beginning of the month and held for a full month. Indices are unmanaged and cannot be invested in directly. The Lipper Numerical Rank represents the position achieved by the fund within its Lipper classification of funds that existed for that time period. Lipper ranks mutual funds based on total return performance. Total return performance includes the reinvestment of all income dividends return performance....
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This note was uploaded on 05/20/2011 for the course ECON 5128 taught by Professor Ram during the Spring '11 term at Cambridge College.
- Spring '11