MoA Clear Passage 2015 Fund™ Overview

As of 3/31/2024

The MoA Clear Passage 2015 Fund™ is designed to continue an individual’s investment horizon beyond the target retirement date. Our allocation approach seeks to achieve current income and capital appreciation aligned with needs of an individual entering the retirement years.

The Fund Features:

  • Dynamic portfolio allocation that adjusts the fixed income and equity holdings over time
  • A glidepath that extends 10 years beyond the retirement date
  • A conservative risk-management approach

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 102
3 Year 102
5 Year 93
10 Year 49
Based on risk adjusted return among Morningstar Target-Date 2015 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 Clear Passage 2015 Fund™ Performance

Monthly

As of 3/31/2024
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Clear Passage 2015 Fund™ 1.72 2.90 9.58 2.11 4.56 5.02 5.18
Morningstar Lifetime Allocation Conservative 2015 Index 1.32 1.24 6.02 -0.04 3.33 3.56 4.27
Morningstar Target-Date 2015 Category Avg 1.83 2.95 9.72 1.67 5.07 4.89
Percentile Rank in Morningstar Category 57 21 90 37
Number of Funds in Category 106 102 93 49
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.48%

Quarterly

As of 3/31/2024
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Clear Passage 2015 Fund™ 2.90 2.90 9.58 2.11 4.56 5.02 5.18
Morningstar Lifetime Allocation Conservative 2015 Index 1.24 1.24 6.02 -0.04 3.33 3.56 4.27
Morningstar Target-Date 2015 Category Avg 2.95 2.95 9.72 1.67 5.07 4.89
Percentile Rank in Morningstar Category 57 21 90 37
Number of Funds in Category 106 102 93 49
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.48%

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 Clear Passage 2015 Fund™ Portfolio Characteristics

As of 3/31/2024

Holdings (%)

Holding Fund
MoA Core Bond Fund 34.01
MoA Intermediate Bond Fund 27.52
MoA Equity Index Fund 23.28
MoA International Fund 5.09
MoA Money Market Fund 5.08
MoA Mid Cap Equity Index Fund 4.51
MoA Mid Cap Value Fund 0.50
Total 99.99
Total Number of Holdings: 8

Credit Quality (%)

Holding Fund Category
AAA 0.00 63.60
AA 70.37 3.21
A 11.98 8.75
BBB 16.60 10.30
BB 0.12 7.65
B 0.24 4.05
Below B 0.00 1.41

Portfolio Composition (%)

Asset Fund
Equities 32.86
Bonds 60.78
Cash 6.33
Other 0.04

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio -0.06 -0.08
Standard Deviation 8.54 9.83

Average Market Cap

Item Value
Fund $132.7B
Category Average* $95.2B

Effective Duration

Item Value
Fund 4.85 YRS
Category Average* 4.91 YRS

Overall Risk Vs Category*

*Compared to the Target-Date 2015 Category.

Equity Sector Breakdown

MoA Clear Passage 2015 Fund™
Morningstar Target-Date 2015 Category Avg
Sector Fund Category
Information Technology 24.18 21.03
Financials 14.18 17.08
Industrials 12.00 12.25
Healthcare 11.60 11.13
Consumer Discretionary 11.37 10.46
Communication Services 7.20 6.54
Consumer Staples 6.03 5.97
Energy 4.10 5.44
Materials 3.97 5.10
Real Estate 2.85 2.59
Utilities 2.52 2.40

Fixed Income Sector Breakdown

MoA Clear Passage 2015 Fund™
Morningstar Target-Date 2015 Category Avg
Sector Fund Category
Government 51.42 50.81
Corporate 27.41 18.25
Securitized 17.33 18.45
Cash & Equivalents 3.83 10.32
Derivative 0.00 2.01

MoA Clear Passage 2015 Fund™ Literature