Kensington Asset Management Launches Active Advantage Fund

AUSTIN, Texas--(BUSINESS WIRE)--Kensington Asset Management, LLC (“Kensington”), an SEC Registered Investment Advisor specializing in data driven, tactical investment solutions in the equity and fixed income markets, announced the launch of the Kensington Active Advantage Fund (“KADIX”), a tactically managed balanced mutual fund.

The Active Advantage Fund was developed by integrating Kensington’s time-tested equity and fixed income approaches to create a proprietary strategy that will typically provide exposure to both equity and fixed income markets with the flexibility to shift its overall asset allocation significantly to take advantage of prevailing market conditions.

“The KADIX strategy has been years in the making as we have worked to develop what we think is a better approach to the static 60/40 fund,” said Bruce DeLaurentis, founder of Kensington and lead portfolio manager for the Fund. “With the current volatility in the market, we believe investors are best served with portfolio solutions that seek to identify and participate in positive trends in markets – with the flexibility to pivot risk exposures or exit markets all together when conditions deteriorate.”

The Active Advantage Fund is Kensington’s first fund launch as Advisor under the Managed Portfolio Series Trust. Kensington is currently the sub-advisor for two other mutual funds, Kensington Managed Income Fund (“KAMIX”) and Kensington Dynamic Growth Fund (“KAGIX”).

“At Kensington our goal is to provide unique and effective investment solutions for every part of a client’s portfolio. The launch of Active Advantage is a key milestone in that pursuit and makes us a much more complete fund family for advisors and investors to rely upon,” said DeLaurentis.

Mutual Fund Symbols:

	I Share	A Share	C Share
Ticker Symbol	KADIX	KADAX	KADCX
CUSIP Number	56167N399	56167N381	56167N373
Minimum Investment^1	$25,000	$1,000	$1,000

¹Investment minimums are waived to fee-based advisors and certain other investors.

Request a prospectus or a summary prospectus from your financial representative or by calling U.S. Bank Global Fund Services at [phone] or access https://www.kensingtonassetmanagement.com/active-advantage-fund-kadix. These prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. U.S. Bank Global Fund Services serves as transfer agent to the Fund and is not affiliated with the adviser or distributor.

Investors should consider the investment objectives, risks, charges and expenses of the Active Advantage Fund before investing. This information can be found in the Fund's prospectus and summary prospectus which should be read carefully. There is no guarantee the Fund will achieve its investment objectives. There is no guarantee any investment strategy will generate a profit or prevent a loss.

For details regarding each risk, please see the Fund's prospectus. Kensington Asset Management, LLC is the adviser to the Active Advantage Fund, distributed by Quasar Distributors, LLC.

Member FINRA/SIPC. Kensington Asset Management, LLC is not affiliated with Quasar. Mr. DeLaurentis is an investment adviser representative of Kensington Asset Management, LLC.