As market dynamics continue to evolve and change, our investment committee has chosen to make upgrades to your SMART portfolio!

The committee has voted to reduce the maximum weighting of each holding in the portfolio to no more than 10% in order to reduce your portfolio’s concentration risk. This alligns with our philosophy that no one holding should make or break your portfolio. We are also introducing positions which have investment objectives that aim to invest in higher quality securities that perform better during volatile markets.

The committee is also introducing a small international exposure to the portfolio. By adding another layer of diversification, SMART is able to capitalize on an ever-inter connected global economy, making SMART smarter.

If you have any questions about these or any changes in your Liberty One portfolio(s), potential tax implications, or would simply like to learn more, please contact your financial advisor.

Thank you for your continued trust and confidence!