While Manarin Investment Counsel’s Lifetime Achievement Fund (LFTAX) is just one fund among the many in the mutual fund market today, it’s is a fund of funds that stands out by way of its savvy philosophy, makeup, and commitment to building long-term wealth for investors.
“Lifetime Achievement Fund is unique in that it is comprised of several carefully selected and professionally managed equity mutual funds,” explains Roland Manarin, the Fund’s creator and the portfolio’s single largest shareholder. “I want to own the best of the best out there. So mentally, we go up to the moon, look down on the planet and say to ourselves, ‘Where can we find the best bargains down there?’ With tens of thousands of stocks being traded around the world today, there is no way that you or I can follow everything that is going on. Therefore, we hire the best money managers we can find and let them manage a portion of our portfolio—the same way I would if that was all I did.”
Evidence shows that most investors fail at making intelligent investment decisions as they buy and sell based on greed and fear rather than on common sense and intellect. With Manarin’s disciplined approach, investors in the Lifetime Achievement Fund benefit from the amassed talent of more than a dozen money managers creating a globally diversified ownership portfolio positioned for long-term wealth accumulation and real world safety.
To create their element of safety, Manarin and assistant portfolio manager Aron Huddleston hedge the portfolio with a small allocation to gold-mining share mutual funds.
“Conventional wisdom would tell us that in order to create a safe and diversified portfolio we should include some dollar-denominated securities in the Fund,” adds Huddleston. “No matter your age, if your portfolio contains these types of investments such as CDs, bonds, or annuities, you are likely to lose. This will either happen very slowly as taxes and inflation take away your purchasing power or it will happen overnight if our paper money ever collapses. The gold-mining shares that the Fund owns are not used as an investment but rather as a means to protect us in case something bad happens.”
In seeking to meet its financial objective, Lifetime Achievement Fund:
· invests primarily in the shares of other open-end and closed-end investment companies;
· generally invests in Funds investing in the common stock of U.S. and foreign companies;
· usually does not buy securities directly, but rather, allocates assets among other U.S. and international equity mutual funds managed by outside mutual fund companies;
· selects mutual funds representative of the various classes making up the global equity market such as large cap funds, mid cap funds, small cap funds, growth style funds, value style funds, domestic funds, and international funds;
· keeps approximately 10% invested in carefully selected stocks; and
· maintains a small percentage of its assets allocated to gold-mining share mutual funds to hedge the portfolio against currency fluctuations and financial risk
“Give me a globally diversified ownership portfolio hedged with a little bit of gold, and I sleep well at night knowing that I have one of the safest portfolios out there that will most likely outperform all other investors over the long term,” states Manarin.
Manarin Investment Counsel, Ltd. is an independent, fee-based investment advisory firm located in Omaha, NE offering professional financial planning and investment management services to small businesses, families, and individuals looking for a common sense and intelligent approach to risk-managed investing.
www.manarin.com www.LifetimeAchievementFund.com
An investment in the Lifetime Achievement Fund is subject to certain risks including the risks of investing in a varied portfolio of other investment companies (e.g., additional costs and expenses, no control over the portfolio managers of the underlying funds, etc.), the risks of investing in closed-end mutual funds which typically trade at a discount to net asset value, and the risks of foreign investing, which carries a number of economic, financial, and political considerations that are associated with investing in U.S. markets.
It is important to note that the principal value of a mutual fund investment will change over time and the amount received at redemption may be worth more or less than the amount originally invested.
Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. This, and other information, is found in the prospectus. For a copy of the prospectus, contact Lifetime Achievement Fund, Inc. at 888-339-4230 or download a prospectus. Please read the prospectus carefully before investing. The Fund is distributed by Manarin Securities Corporation, member SIPC.
