GAVAX : KL Allocation Fund Advisor Class

Fund Summary

The investment seeks long-term capital appreciation with an emphasis on capital preservation. The fund employs an allocation strategy by investing in three asset classes: equity, fixed income and cash or cash equivalents. It may invest in securities of U.S. and foreign issuers. The fund's investments in securities of foreign issuers will represent between 40% and 100% of the fund's portfolio. It also invests in ETFs that primarily invest in fixed income securities and in alternative ETFs that invest in government, municipal, corporate and mortgage-related fixed income securities.