Composite socially responsible Personal Strategy®
& comparable benchmark returns
Composite socially responsible Personal Strategy®
& comparable benchmark returns
| Type | 1 Year Annualized | 3 Year Annualized | 5 Year Annualized | ITD Annualized (ITD = 3/31/2018) |
|---|---|---|---|---|
| FULL GROWTH (1)i - SOCIALLY RESPONSIBLE | ||||
| Socially Responsible Composite Personal Strategy | 10.9% | 0.9% | 7.4% | 7.1% |
| Comparative Benchmark | 16.8% | 4.4% | 9.8% | 8.9% |
| GROWTH (3)ii - SOCIALLY RESPONSIBLE | ||||
| Socially Responsible Composite Personal Strategy | 10.1% | 0.8% | 6.7% | 6.5% |
| Comparative Benchmark | 14.8% | 3.3% | 8.5% | 7.9% |
| BALANCED GROWTH PLUS (5)iii - SOCIALLY RESPONSIBLE | ||||
| Socially Responsible Composite | 9.1% | 0.6% | 5.8% | 5.8% |
| Comparative Benchmark | 12.6% | 2.2% | 7.1% | 6.7% |
| BALANCED (7)iv - SOCIALLY RESPONSIBLE | ||||
| Socially Responsible Composite Personal Strategy | 8.2% | 0.3% | 5.0% | 5.0% |
| Comparative Benchmark | 10.4% | 1.0% | 5.6% | 5.5% |
| BALANCED STABILITY TILT (8)v - SOCIALLY RESPONSIBLE | ||||
| Socially Responsible Composite Personal Strategy | 7.4% | 0.2% | 4.4% | 4.5% |
| Comparative Benchmark | 8.7% | 0.0% | 4.3% | 4.5% |
All annualized figures reported as of 6/30/2024
Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. All investments involve risk, including the potential for loss of principal. Performance is shown net of fees and reflects the reinvestment of interest and dividends. Accounts in the composite are billed on a tiered fee schedule and larger accounts generally pay a lower overall fee rate than other accounts. Employee and other affiliated accounts, which are generally charged a reduced fee, are included in the composites. Personal Strategies generally employ investments in an array of individual securities and ETFs representing domestic equities, international equities, fixed income and alternative investments such as real estate and commodities. ETF-only strategies were not considered in performance calculations.
Composite performance is an equal weighted average of all portfolios in each respective strategy. Performance for individual portfolios is calculated by linking daily returns in a time-weighted approach for each quarter, using the modified Dietz method to account for cash flows. Portfolios that changed strategies during the quarter were excluded. For each composite personal strategy, only portfolios trading for an entire quarter were included. Prior to 2019, portfolios with greater than ten percent individual custom restrictions resulting greater than two percent difference performance results were not included in composites. From Q1 2019 through Q1 2021, portfolios deviating more than two percent from the median composite return, in either direction, were excluded. Starting Q2 2021, for strategies with greater than one hundred portfolios, those deviating more than ten percent from the median composite return, in either direction, were excluded. For those strategies with less than one hundred portfolios, the two percent deviation threshold continues to be used. These portfolios with performance deviations were removed often due to individual client circumstances such as personalizations or customizations, making them no longer representative of the broader composite strategy. Individual account performance will vary depending upon the amount of assets under management and the timing of any additions and withdrawals and may be higher or lower than the performance depicted. Management of Personal Strategy portfolios was conducted under Personal Capital Advisor Corporation (PCAC) from inception until April 1st, 2023, when it was legally merged into Empower Advisory Group, LLC (EAG).
Each comparative benchmark is a mix of total return for a portfolio of exchange traded funds intended to represent a blend of five major asset classes: US Equities, International Equities, US Bonds, International Bonds and Alternatives. Asset allocations of the comparative benchmarks are similar to respective Personal Strategies and serve as a reasonable benchmark for a basic long-term diversified approach with a similar risk level. All Personal Strategy returns are net of fees. The respective blended benchmark allocations, individual strategy assignment, and associated rebalancing are characteristics of a professionally managed portfolio. As such, a hypothetical quarterly fee of 0.2075% was deducted from all comparative benchmark returns. This fee represents the average of all Personal Strategy clients at the point in time this methodology was implemented, which was 6/30/2017.
[i] Inception Date: 3/31/2018. Representative Benchmark: 57.3% US Equities (VTI), 28.7% International Equities (VEU), 3.4% US Bonds (AGG), 0.6% International Bonds (IGOV), 10.0% Alternatives (equal split VNQ/IAU/DBC)
[ii] Inception Date: 3/31/2018. Representative Benchmark: 50.0% US Equities (VTI), 25.0% International Equities (VEU), 12.7% US Bonds (AGG), 2.3% International Bonds (IGOV), 10.0% Alternatives (equal split VNQ/IAU/DBC)
[iii] Inception Date: 3/31/2018. Representative Benchmark: 41.7% US Equities (VTI), 20.8% International Equities (VEU), 23.4% US Bonds (AGG), 4.1% International Bonds (IGOV), 10.0% Alternatives (equal split VNQ/IAU/DBC)
[iv] Inception Date: 3/31/2018.Representative Benchmark: 33.3% US Equities (VTI), 16.7% International Equities (VEU), 34.0% US Bonds (AGG), 6.0% International Bonds (IGOV), 10.0% Alternatives (equal split VNQ/IAU/DBC)
[v] Inception Date: 3/31/2018. Representative Benchmark: 26.7% US Equities (VTI), 13.3% International Equities (VEU), 42.5% US Bonds (AGG), 7.5% International Bonds (IGOV), 10.0% Alternatives (equal split VNQ/IAU/DBC)
VTI - Vanguard Total Stock Market ETF - The investment seeks to track the performance of a benchmark index that measures the capitalization weighted investment return of the overall US stock market.
VEU - Vanguard FTSE All-World ex-US ETF - The investment seeks to track the performance of the FTSE All-World ex US Index, which measures the investment return of stocks of companies located in developed and emerging markets outside of the United States.
AGG - iShares Core Total US Bond Market ETF - The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Aggregate Bond Index (the underlying index).
IGOV - iShares S&P/Citigroup Intl Trsry Bond - The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index).
VNQ – Vanguard REIT - The fund employs an indexing investment approach designed to track the performance of the MSCI U.S. REIT Index.
IAU – iShares Gold Trust – The trust seeks to reflect generally the performance of the price of gold.
DBC – Powershares DB Commodity Index Tracking Fund - The Fund is based on the DBIQ Optimum Yield Diversified Commodity Index Excess Return Index. The Fund invests in sectors, such as light sweet crude oil (WTI), heating oil, natural gas, Brent crude, gold, silver, aluminum, zinc, copper grade A, corn, wheat, soybeans and sugar.
Advisory services are provided for a fee by Empower Advisory Group, LLC (“EAG”). EAG is a registered investment adviser with the Securities and Exchange Commission (“SEC”) and an indirect subsidiary of Empower Annuity Insurance Company of America. Registration does not imply a certain level of skill or training. Investing involves risk. Past performance is not indicative of future returns. You may lose money. Advisory fees are calculated based upon the amount of assets being managed (as detailed further in Empower Advisory Group, LLC’s Form ADV).
Investing involves risk, including possible loss of principal.