PGA Financial

Volatility has increased dramatically and is expected to continue. It is an extraordinary drag on returns due to the disproportionate impact of losses versus gains. Traditional asset allocations are flawed 5 ways. Style-pure funds are inflexible with extreme exposure to systematic risk and no escape hatch.Flexible funds, by design, can go defensive or opportunistic resulting in better odds for attractive capture ratios. Flexible funds is a practical, tactical replacement for traditional allocations. With flexible fund portfolios, advisors can potentially Improve investment returns.