Kentor asset management - investment securities

The above asset allocation will be achieved through the purchase of mutual funds or exchange traded funds to maximize diversification. due to the inability to efficiently evaluate individual securities, the purchase of individual stocks and bonds will not be made (with exception of u.s. treasuries).
purchase criteria to be used in the ion of these funds will be: 1. fund must have had the same primary manager for the last 5 years, except for index funds.
2. fund must have at least matched it’s benchmark index over the last 5 year period and have a superior risk adjusted return as indicated by a positive alpha or not worse than -1%.
3. funds held must have a turnover of less than 30% or 100% for small capitalization stock funds.
4. fund must have a total annual expense ratio under 1% or within the lowest 10% of funds in the asset class if none under 1% are available.
5. fund must be available on a no load or low load basis.
sell criteria to be used in triggering the sale a fund in the portfolio are: 1. funds with a change in primary manager will be sold as soon as practicable within the subsequent quarter (except for index funds).
2. funds failing above criteria 2, 3 and 4 for four consecutive quarters will be sold as soon as practicable within the subsequent quarter.