Our Asset Allocation Funds MoA Conservative Allocation Fund

Ticker: MACAX | Inception Date: 5/20/2003
AUM: $158.1M | Benchmark: Morningstar US Moderately Conservative Target Allocation Index

Fact Sheet

MoA Conservative Allocation Fund Overview

As of 4/30/2024

The MoA Conservative Allocation Fund uses our asset allocation expertise to build a portfolio that seeks to provide income and, to a lesser extent, capital appreciation.

The Fund Features:

  • A blend of active and passive management to achieve the Fund’s return and risk objectives
  • Approximately 65% weighting in fixed income, including the MoA Core Bond Fund and the MoA Intermediate Bond Fund
  • Approximately 35% weighting in equities, including the MoA Equity Index Fund, MoA Mid Cap Equity Index Fund, and the MoA International Fund
LSEG Lipper Fund Awards - 2024 Winner United States

Best Mixed Assets Small Fund Family Group Over Three Years

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 440
3 Year 440
5 Year 409
10 Year 305
Based on risk adjusted return among Morningstar Moderately Conservative Allocation category.

Portfolio Managers

Jamie Zendel, FRM

Jamie Zendel, FRM

Executive Vice President, Head of Quantitative Strategies

Portfolio Manager Since 2007

Over 26 years of investment experience

Joseph R. Gaffoglio, CFA, CPA

Joseph R. Gaffoglio, CFA, CPA

President

Portfolio Manager Since 2005

Over 29 years of investment experience

MoA Conservative Allocation Fund Performance

Quarterly

Monthly

As of 4/30/2024
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Conservative Allocation Fund -2.69 0.36 6.31 0.69 4.08 4.56 5.13
Morningstar US Moderately Conservative Target Allocation Index -2.52 0.76 8.01 0.75 4.60 4.93 5.74
Morningstar Moderately Conservative Allocation Category Avg -2.69 0.46 6.33 0.09 3.80 3.95
Percentile Rank in Morningstar Category 47 24 39 23
Number of Funds in Category 458 440 409 305
Date of Inception: 5/20/2003 | Gross Expense Ratio: 0.41%

Quarterly

As of 3/31/2024
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Conservative Allocation Fund 3.14 3.14 10.26 2.37 4.94 4.92 5.29
Morningstar US Moderately Conservative Target Allocation Index 3.36 3.36 11.78 2.36 5.44 5.26 5.89
Morningstar Moderately Conservative Allocation Category Avg 3.24 3.24 10.10 1.76 4.65 4.30
Percentile Rank in Morningstar Category 42 21 41 20
Number of Funds in Category 460 441 409 297
Date of Inception: 5/20/2003 | Gross Expense Ratio: 0.41%

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 800.914.8716 or visit the Fund’s website at moafunds.com.

MoA Conservative Allocation Fund Portfolio Characteristics

As of 3/31/2024

Holdings (%)

Holding Fund
MoA Intermediate Bond Fund 33.64
MoA Core Bond Fund 28.94
MoA Equity Index Fund 26.83
MoA Mid Cap Equity Index Fund 5.34
MoA International Fund 5.26
Total 100.01
Total Number of Holdings: 6

Credit Quality (%)

Holding Fund Category
AAA 0.00 45.46
AA 70.07 11.69
A 12.21 11.51
BBB 16.70 11.61
BB 0.15 8.21
B 0.23 5.59
Below B 0.00 1.71

Portfolio Composition (%)

Asset Fund
Equities 36.85
Bonds 61.84
Cash 1.27
Other 0.04

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio -0.02 -0.08
Standard Deviation 8.94 9.93

Average Market Cap

Item Value
Fund $137.5B
Category Average* $149.1B

Effective Duration

Item Value
Fund 4.63 YRS
Category Average* 5.16 YRS

Overall Risk Vs Category*

*Compared to the Moderately Conservative Allocation Category.

Equity Sector Breakdown

MoA Conservative Allocation Fund
Morningstar Moderately Conservative Allocation Category Avg
Sector Fund Category
Information Technology 24.57 21.63
Financials 14.07 14.29
Industrials 11.82 11.00
Healthcare 11.68 12.65
Consumer Discretionary 11.47 9.53
Communication Services 7.30 6.53
Consumer Staples 6.05 6.53
Energy 4.06 5.25
Materials 3.79 3.71
Real Estate 2.79 5.58
Utilities 2.41 3.30

Fixed Income Sector Breakdown

MoA Conservative Allocation Fund
Morningstar Moderately Conservative Allocation Category Avg
Sector Fund Category
Government 53.84 27.82
Corporate 29.96 29.33
Securitized 15.68 22.08
Cash & Equivalents 0.52 12.80
Derivative 0.00 1.81

MoA Conservative Allocation Fund Literature

Document Download
Fact Sheet
Holdings Q1
Holdings Q3
Prospectus
Document Download
Summary Prospectus
Annual Report
Semi-Annual Report