Strategy
The AlphaClone Value Masters 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 in the portfolio are then selected to match substantially the ten most widely held (popular) holdings each quarter.
3. All securities are then weighted based on their popularity (e.g., relative number of holders)

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