Our Strategies

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Our Portfolios

Power Income Portfolio

This portfolio has the primary investment objective of total return from income and capital appreciation, with capital preservation as a secondary objective. It invests primarily in high-yield bond funds (which are lower credit quality rated bonds) and money market funds, utilizing our proprietary defensive tactical allocation indicators to switch between these investments. The goal is to beat an index of corporate and government bonds. The portfolio is based on a proprietary trading model constructed to move investments from high-yield bond funds to cash (money market funds) to minimize losses during a downturn and participate in gains during upturns. This strategy can utilize open-end mutual funds, and/or ETFs. In addition, when this portfolio includes investments in the Power Income Fund, W.E. Donoghue & Co., LLC (WEDCO) will receive fees from accounts applying the strategy as well as the Power Income Fund as the adviser to the fund. Clients who have shares of the Power Income Fund in their accounts will generally have the management fees for those accounts adjusted downward in order to eliminate fee duplication and minimize potential conflicts of interest.

Risk Profile and Investor Suitability

WEDCO believes this is a relatively conservative portfolio approach to defensive trading to manage risks and back out of the market and into defensive positions when conditions warrant. WEDCO believes its technical trend strategy, which moves between fully invested and defensive positions, will minimize losses during a downturn and maximize gains during upturns. This collection of models and the WEDCO technical trend analysis, in general, operate according to the momentum of the markets, and not on subjective judgments. The portfolio is an appropriate choice for investors who are seeking current income with capital preservation as a second objective.

Power Dividend and Yield Portfolio

This portfolio is a diversified investment strategy employing a combination of strategic asset allocation with a tactical overlay. The strategy will invest in convertible bond funds, emerging market bond funds, investment grade bond funds, floating rate funds and intermediate term treasury ETFs and/or traditional mutual funds. Each of the aforementioned investments will carry a tactical overlay that will shift the assets to cash equivalents predicated upon technical analysis and indicators. The strategy will invest in the Power Dividend Index Fund and the Power Income Fund (for more information regarding the Power Income Fund and the Power Dividend Index Fund, please refer to fund prospectus). W.E. Donoghue & Co., LLC (WEDCO) is the adviser to the Power Dividend Index Fund and the Power Income Fund. When this portfolio includes investments in the Power Dividend Index Fund and the Power Income Fund, WEDCO will receive fees from accounts applying the strategy as well as from the Power Dividend Index Fund and the Power Income Fund as the adviser to the funds. Clients who have shares of the Power Dividend Index Fund and the Power Income Fund in their accounts will generally have the management fees for those accounts adjusted downward in order to eliminate fee duplication and minimize potential conflicts of interest. When investing in ETFs, the accounts managed pursuant to the Power Dividend and Yield Portfolio will trade on an exchange like an individual stock in which case brokerage trading fees or asset based pricing fees will apply in addition to our advisory fees.

RISK PROFILE AND INVESTOR SUITABILITY

The Power Dividend and Yield Portfolio is suitable for investors with a relatively short time horizon who may be drawing income from the portfolio. The strategy is designed to preserve capital during periods of market weakness by investing more heavily in fixed income asset classes. In addition, the portfolio strategy will employ tactical investment strategies to attempt to control downside volatility by moving towards defensive money market positions when the market warrants it. The portfolio primarily seeks income and growth from investment assets.

    Power Growth and Income Portfolio

    This portfolio is a diversified investment strategy employing a combination of strategic asset allocation with a tactical overlay. The strategy invests in convertible bond funds, emerging market bond funds, investment grade bond funds, floating rate bond funds and intermediate term Treasury bond ETFs and/or traditional mutual funds. Each of the aforementioned investments will carry a tactical overlay that will shift the assets to cash equivalents based upon technical analysis and market indicators. In addition, the strategy will invest in the Power Income Fund and the Power Dividend Index Fund. W.E. Donoghue & Co., LLC (WEDCO) is the adviser to the Power Income Fund and the Power Dividend Index Fund (for more information regarding the Power Income Fund and the Power Dividend Index Fund, please refer to fund prospectus). When this portfolio includes investments in the Power Income Fund and the Power Dividend Index Fund, WEDCO will receive fees from accounts applying the strategy as well as from the Power Income Fund and the Power Dividend Index Fund as the adviser to the funds. Clients who have shares of the Power Income Fund and/or the Power Dividend Index Fund in their accounts will generally have the management fees for those accounts adjusted downward in order to eliminate fee duplication and minimize potential conflicts of interest. When investing in ETFs, the accounts managed pursuant to the Power Growth and Income Portfolio will trade on an exchange like an individual stock in which case brokerage trading fees or asset based pricing fees will apply in addition to our advisory fees. The strategy is managed by employing tactical asset allocation. Asset allocation involves investing your money in different categories (generally in stocks, bonds and cash). The goal is to attempt to provide attractive risk-adjusted returns. The strategy will rebalance to the target asset allocation percentages at least annually. In addition, the portfolio strategy will employ tactical investment strategies to attempt to control downside volatility by moving towards defensive money market positions when market conditions warrant. The portfolio primarily seeks growth and income from investment assets.

    Risk Profile and Investor Suitability

    The Power Growth & Income Portfolio as a standalone strategy is appropriate for investors with a moderate risk tolerance. The portfolio is suitable for investors with a longer term time horizon of 5-10 years or more. The strategy is designed to preserve capital during periods of market weakness by investing more heavily in fixed income asset classes and cash.

      Power Dividend Index Portfolio

      This portfolio tracks W.E. Donoghue’s Power Dividend Index. The Power Dividend Index is a rules-based index calculated by Standard and Poor’s Custom Indexes. The index is predicated upon the SDOGXTR index of 50 stocks derived from the S&P 500 Index. The Power Dividend Index employs an intermediate term tactical overlay to determine whether to be in a bullish posture or defensive posture. When in a bullish posture, the index methodology selects the five stocks in each of the ten Global Classification Standard (“GICS”) sectors that make up the S&P 500 which offer the highest dividend yields as of the last trading day of November. The index will be divided into the following ten GICS sectors: consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecommunication services and utilities. The sectors and the stocks selected for inclusion in the index are equally weighted so that each of the ten sectors is given an equal weight and each of the five stocks in each sector is given an equal weight. All constituents of W.E. Donoghue’s Power Dividend Index while in its bullish posture must be constituents of the S&P 500 index. Technical indicators are utilized as an overlay to shift the index to a defensive posture should the market conditions warrant to attempt to mitigate losses during equity market downturns. When in a defensive posture, the index will be invested in 90 day t-bills. When in a bullish posture, the index will rebalance the individual stock holdings quarterly.

      The Power Dividend Index had a value at inception of 1000, on its inception date of December 31, 1999. Index values are disseminated in US dollars via the Chicago Mercantile Exchange using the following tickers:

      Price Index Ticker or Symbol is: PWRDXPX

      Total Return Index Ticker or Symbol is: PWRDXTR

      Risk Profile and Investor Suitability

      The Power Dividend Index Portfolio as a standalone strategy is appropriate for investors with a high risk tolerance. The portfolio is suitable for investors with a time horizon of five years or longer, as it can exhibit short-term volatility equal to or potentially greater than the overall stock market.

        Power Dividend Mid-Cap Index Portfolio

        This portfolio tracks the W.E. Donoghue Power Dividend Mid-Cap Index. The Power Dividend Mid-Cap Index is calculated by Standard & Poor’s Custom Indexes. The index is predicated upon the S-Network U.S. Mid Cap Dividend Index (SNMDIVTR). The index is a rules based strategy employing stocks with high-dividend yields with a tactical overlay. The portfolio strategy will invest in individual stocks or short term Treasury ETFs depending on whether in a bullish or bearish stance. The tactical overlay will shift the assets to short term Treasuries predicated upon technical analysis should market conditions warrant. When in a bullish posture, the index methodology selects 50 stocks derived from each of the eleven Global Industry Classification Standard (GICS) sectors that make up the S-Network Mid-Cap Dividend Index which offer the highest dividend yields as of the last trading day of May. The index is cap weighted into the following eleven GICS sectors: Consumer Discretionary, Consumer Staples, Energy, Financials, Healthcare, Industrials, Information Technology, Materials, Telecommunications, REITs and Utilities. The index will carry a minimum 4% weight and a maximum 20% weight to each sector (Information Technology & Telecommunications are combined for these calculations). All constituents of W.E. Donoghue’s Power Dividend Mid-Cap Index must be constituents of the S-Network Mid-Cap 400 Index with the exception of the REIT sector. When in a defensive position the index will be invested in the S&P U.S. Treasury Bond 1-3 Year Index, thus the portfolio will be invested in short term Treasury ETFs to obtain exposure. When in a bullish posture the index and portfolio will rebalance holdings quarterly and re-constitute annually.

        Power Dividend Mid-Cap Index Ticker Symbol is: PWRMDX

        Power Dividend Mid-Cap Index Ticker Symbol is: PWRMDXTR

        RISK PROFILE AND INVESTOR SUITABILITY

        The Power Dividend Mid-Cap Index Portfolio as a standalone strategy is appropriate for investors with a high risk tolerance. The portfolio is suitable for investors with a time horizon of five years or longer, as it can exhibit short-term volatility equal to or potentially greater than the overall stock market.

          Power Dividend International Index Portfolio

          This portfolio tracks W.E. Donoghue’s Power Dividend International Index. The Power Dividend International Index is a rules-based index calculated by Standard and Poor’s Custom Indexes. The index is predicated upon the S-Network ADR Dividend Index of 50 stocks derived from the BNY Mellon Composite Depositary Receipt Index. The index employs an intermediate term tactical overlay to determine whether to be in a bullish or defensive posture. When in a bullish posture, the index methodology selects the five stocks in each of the ten GICS sectors that make up the BNY Mellon Composite Depositary Receipt Index which offer the highest dividend yields as of the last trading day of May. The index has a maximum of 10 positions in any country. The stocks selected for inclusion in the index are equally weighted. The index is divided into the following ten GICS sectors: consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecommunication services and utilities. All constituents of the Power Dividend International Index while in its bullish posture must be constituents of the BNY Mellon Composite Depositary Receipt Index. Technical indicators are utilized as an overlay to shift the index to a defensive posture, should the market conditions warrant, to attempt to mitigate losses during equity market downturns. When in a defensive posture, the index will be invested in the S&P U.S. Treasury Bond 1-3 Year Index. When in a bullish posture, the index will rebalance the 50 individual stock holdings quarterly.

          Power Dividend International Index Ticker Symbol is: PWRIDX

          Power Dividend International Index Ticker or Symbol is: PWRIDXTR

          Risk Profile and Investor Suitability

          The Power Dividend International Index Portfolio as a standalone strategy is appropriate for investors with an aggressive risk tolerance. The portfolio is suitable for investors with a time horizon of five years or longer, as it can exhibit short-term volatility equal to or potentially greater than the overall stock market.

            Power Momentum Index Portfolio

            This portfolio tracks W.E. Donoghue’s Power Momentum Index. The Power Momentum Index is calculated by Standard & Poor’s Custom Indexes. The index is predicated upon the Standard & Poor’s 500 Index. The index is a rules-based strategy employing a risk-adjusted return selection process for stocks with a tactical overlay. The portfolio strategy will invest in individual stocks or short term Treasury ETFs depending on whether in a bullish or bearish stance. The tactical overlay will shift the assets to short term Treasuries predicated upon technical analysis should market conditions warrant. When in a bullish posture, the index methodology selects 50 stocks derived from each of the ten GICS sectors that make up the Standard & Poor’s 500 Index which offer the highest risk-adjusted returns as of the last trading day of calendar quarter. The index is divided into the following ten GICS sectors: Consumer Discretionary, Consumer Staples, Energy, Financials, Healthcare, Industrials, Information Technology, Materials, Telecommunications and Utilities. The index will carry a minimum 0% weight and a maximum 10% weight to each sector. Technical indicators are utilized on each sector individually to determine whether to be in a bullish or defensive posture. All constituents of W.E. Donoghue’s Power Momentum Index must be constituents of the Standard & Poor’s 500 Index. When in a defensive posture the index will be invested in the S&P U.S. Treasury Bond 1-3 Year Index, thus the portfolio will be invested in short term Treasury ETFs to obtain exposure. When in a bullish posture the index and portfolio will re-constitute and rebalance quarterly.

            Power Momentum Index Ticker Symbol is: PWRMOX

            Power Momentum Index Ticker Symbol is: PWRMOXTR

            Risk Profile and Investor Suitability

            The Power Momentum Index Portfolio as a standalone strategy is appropriate for investors with a high risk tolerance. The portfolio is suitable for investors with a time horizon of five years or longer, as it can exhibit short-term volatility equal to or potentially greater than the overall stock market.

              Power Floating Rate Index

              The W.E. Donoghue Floating Rate Index is a rules-based index calculated by Standard and Poor’s Custom Indexes. The index will direct investments into a selection of floating rate mutual funds/ ETFs and High Yield Bond ETFs when in a bullish position. When in a defensive position, the index will be invested in the S&P U.S. Treasury Bond 1-3 Year Index. The Index employs a short-term and intermediate-term tactical overlay to determine whether to be in a bullish or defensive posture. Each tactical overlay will trigger 50% of the index into a defensive position, should market conditions warrant. When in a bullish posture, the index will rebalance holdings and re-constitute annually.

              Price Index Ticker or Symbol is: PWRFLXPR

              Total Return Index Ticker or Symbol is: PWRFLXTR

                Power Treasury Index Portfolio

                This portfolio tracks the W.E. Donoghue Power Treasury Index. The Power Treasury Index Portfolio utilizes tactical shifts between long-term and intermediate-term Treasuries to provide an optimized return stream with actively managed risk. The portfolio has shown a negative correlation to the S&P 500. The Index uses credit sensitive tactical signals that identify crossover points of varying exponential moving averages in a group of underlying securities our research team has identified as providing consistent data in relation to shifts in the Treasury market. During negative credit conditions, the portfolio allocates into 20+ Year Treasury Bond ETFs, and when a more defensive position is warranted as credit conditions improve, the portfolio shifts investments into 3-7 Year Treasury Bond ETFs.

                Price Index Ticker or Symbol is: PWRTRXPR

                Total Return Index Ticker or Symbol is: PWRTRXTR

                Risk Profile and Investor Suitability

                The Power Treasury Index Portfolio should not be utilized as a standalone solution but should be blended with other solutions to provide a potential hedge in risk off market environments.

                  JAForlines Global Tactical Allocation Portfolio (GTA)

                  The JAForlines Global investment team constructs portfolios by taking a top-down macro view with a global orientation. Our tactical allocation management style enables clients to obtain all three major asset classes - global equities, fixed income and alternatives - in a single portfolio. We believe this orientation is critical to both short- and long-term investment success. The portfolio invests in liquid, low-cost exchange-traded funds (ETFs) based on a long-term secular view with tactical positioning during the shorter-term business and credit cycles.

                  GTA is designed to be a core, long-term investment, presenting moderate growth potential and risk management across all asset classes. This strategy seeks to lower costs and volatility, while producing long- term capital appreciation

                  • Seeking Moderate Growth
                    • Seeks to achieve moderate capital appreciation while using its tactical nature to preserve capital during times of market stress
                  • Diversifying Globally
                    • Invests across three asset classes: equities, fixed income and alternatives with a global orientation
                  • Tactically Managing Risk
                    • The strategy is unconstrained and treats cash as a tactical asset class to help preserve capital and can raise cash levels as a defensive measure against volatile market downturns

                  JAForlines Global Tactical Income Portfolio (GTI)

                  The JAForlines Global investment team constructs portfolios by taking a top-down macro view with a global orientation. Our tactical allocation management style enables clients to obtain all three major asset classes - global equities, fixed income and alternatives - in a single portfolio. We believe this orientation is critical to both short- and long-term investment success. The portfolio invests in liquid, low-cost exchange-traded funds (ETFs) based on a long-term secular view with tactical positioning during the shorter-term business and credit cycles.

                  • GTI seeks to deliver high current income while preserving principal. As a secondary goal, we also seek conservative capital appreciation. Concerns about the bond market and potential for rising interest rates make it timely to consider this portfolio.

                  Seeking Income and Risk- Managed Appreciation
                  Seeks to provide high current income and preservation of principal, while taking advantage of market opportunities to achieve conservative capital appreciation

                  Focusing on Fixed Income and Alternatives
                  Invests in ETFs across three asset classes – primarily fixed income and alternatives, and to a much lesser extent equities

                  Tactically Managing Risk
                  The strategy is unconstrained and treats cash as a tactical asset class to help preserve capital and can raise cash levels as a defensive measure against volatile market downturns

                  JAForlines Global Tactical Conservative Portfolio (GTC)

                  The JAForlines Global investment team constructs portfolios by taking a top-down macro view with a global orientation. Our tactical allocation management style enables clients to obtain all three major asset classes - global equities, fixed income and alternatives - in a single portfolio. We believe this orientation is critical to both short- and long-term investment success. The portfolio invests in liquid, low-cost exchange-traded funds (ETFs) based on a long-term secular view with tactical positioning during the shorter-term business and credit cycles.

                  GTC is designed to be a core, long-term investment, presenting conservation growth potential and risk management across all asset classes. This strategy seeks to achieve capital conservative capital appreciate while emphasizing preservation of capital

                  Seeking Conservative Appreciation
                  Seeks to achieve conservative capital appreciation with an emphasis on preservation of capital

                  Diversifying Globally
                  Invests across three asset classes: equities, fixed income and alternatives with a global orientation

                  Tactically Managing Risk
                  The strategy is unconstrained and treats cash as a tactical asset class to help preserve capital and can raise cash levels as a defensive measure against volatile market downturns

                  JAForlines Global Tactical Growth Portfolio (GTG)

                  The JAForlines Global investment team constructs portfolios by taking a top-down macro view with a global orientation. Our tactical allocation management style enables clients to obtain all three major asset classes - global equities, fixed income and alternatives - in a single portfolio. We believe this orientation is critical to both short- and long-term investment success. The portfolio invests in liquid, low-cost exchange-traded funds (ETFs) based on a long-term secular view with tactical positioning during the shorter-term business and credit cycles.

                  GTG is designed to be a core, long-term investment, presenting growth potential and risk management across all asset classes. This strategy seeks to achieve greater capital appreciation than GTA.

                  Seeking Growth
                  Seeks to achieve greater capital appreciation than our GTA portfolio while using its tactical nature to preserve capital.

                  Diversifying Globally
                  Invests across three asset classes: equities, fixed income and alternatives with a global orientation

                  Tactically Managing Risk
                  The strategy is unconstrained and treats cash as a tactical asset class to help preserve capital and can raise cash levels as a defensive measure against volatile market downturns

                  Our Mutual Funds

                  Our funds are designed to cover a litany of investment objectives. We can help nearly everyone, from the conservative to aggressive investor, get on the path to their financial goals through the use of our innovative mutual funds.