Strategy
The AlphaClone High Conviction Core Strategy seeks to invest in the ten most popular (widely held) securities amongst the twenty largest disclosed equity holdings from each investment fund in the group.

Investment Objective
Like all AlphaClone Core Strategies, this portfolio is intended for investors with moderate to aggressive capital appreciation investment objectives.

Stocks included:
US traded equity securities

Number of holdings:
Up to 10

Methodology

1. Each quarter, based on public filings, the twenty largest US-exchange traded equity holdings for each investment fund in the group are ranked based on the number of funds in the group that hold each.
2. Securities the portfolio are then selected to match substantially the ten most widely held (popular).
3. All securities are then weighted based on their popularity.

Rebalance/Update frequency: Quarterly (approximately 50 days after the end of each calendar quarter).