IMPORTANT INVESTOR NOTIFICATION

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Changes to WealthBuilder Program   Please be advised that we will begin implementing changes to the WealthBuilder Strategies the week of December 9, 2015.  An overview of these changes is provided below and will be made across the different investment objectives, if applicable.   Removal of BlackRock Equity Dividend Strategy The BlackRock Equity Dividend Strategy invests in companies that can sustain and grow dividends. This leads to a lower-beta, high quality strategy that may struggle on a relative basis in strong markets. The fund underperformed its peer group and benchmark…

UPAL Physician Board Announces Kent Butcher as New CEO

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UPAL is delighted to announce to its member physicians – their staff members and our business partners – the appointment of Kent Butcher as its new CEO effective January 1, 2016. He will succeed Donald Orchard, UPAL’s CEO and legal counsel for nearly 30 years. Kent was selected by the UPAL physician Board in a competitive process after considering a pool of interested and highly-qualified internal and external candidates. Kent has been a key member of UPAL’s management team for over a year, following 14 years as CEO of Oklahoma…

NOTICE – Changes to Investment Funds

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Changes have been made to the following Programs: •  UPAL Retirement Plan Program •  WealthBuilder Program Please click on the above links for information about the changes.

Important Investor Notification – Changes to WealthBuilder Program

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Please be advised that we will begin implementing changes to the WealthBuilder Strategies the week of September 21, 2015. The changes are summarized below. Keep in mind that the changes will be implemented on the strategy level. Actual trades might vary in each account, depending on the account size and cash flows.   Tactical Allocation Changes The Asset Allocation Committee recommended a reduction in Equities and Growth Alternatives, and an increase in Cash and U.S. Fixed Income. The Committee’s view is that the lack of impetus to global growth and…

NOTICE: UPAL Retirement Program Information

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A few changes have been made to 3 of the 4 UPAL Pooled Fund Models in the UPAL Retirement Plan Program as indicated below.  These changes are recommended by the investment advisors of BOK Financial. No changes will occur in the Fixed Income Model Allocation. Conservative Model Allocation – Reduce the allocation to the UPAL Large Cap Growth Fund by 1%, reduce the allocation to the UPAL Mid Cap Fund by 1%, reduce the allocation to the UPAL International Fund by 1%, reduce the allocation to the UPAL Alternative Investment…

Economic Update-Step Away From the Ledge…

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August 31,2015   Periods of market volatility like the last few trading days are, thankfully, rare and always disconcerting. It is just as hard to call a market bottom after a bout of extreme selling pressure as it is to call a top after an extended period of an upward bias in stocks. Remember, markets over time are a very efficient discounter of future economic activity as they distill the actions of innumerable profit-maximizing participants. You may have heard this described as the market’s “invisible hand”. In the short run…

You’re Invited: BOK Financial’s Economic and Market Outlook Call

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Please join Jim Huntzinger, BOK Financial’s Chief Investment Officer, for our next Economic and Market Outlook call. We will provide a comprehensive market analysis, review the latest U.S. and global economic conditions and discuss what it means for you and your business.    Conference Call Details: Wednesday, July 15, 2015 3:30 p.m. – 4:30 p.m., Central Conference Call: 1-888-317-6003 Participant Elite Entry Number: 5230409  Participants will need the Elite Entry number to join the conference call. Financial Focus: “Interest Rates On The Move” Presented by Mike Maurer, Senior Vice President,…

UPAL Special Notice

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Annually, UPAL requires an Audit of its Common Collective Pooled Trust Funds which hold retirement plan core assets.  If you are a participant in a participating Plan, an investor in the Pooled Funds or a Plan Sponsor and would like a copy of the Audit of the Pooled Funds, please send an email requesting a copy of the Audit to Kent Butcher, Vice President/COO, at kbutcher@upal.com or Lea Ann Nunley, Vice President of Retirement Plan Services, at lnunley@upal.com.  Upon receipt of your written request, a copy of the Audit will…

NOTICE: UPAL Retirement Program Information

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Pooled Fund Models in the Retirement Plan Program A few changes have been made to 3 of the 4 UPAL Pooled Fund Models in the UPAL Retirement Plan Program as indicated below.  These changes are recommended by the investment advisors of BOK Financial. No changes will occur in the Fixed Income Model Allocation. Reduce the allocation to the UPAL Large Cap Value Fund by 1% and increase the allocation to the UPAL International Fund by 1% in the Conservative Model Allocation. Reduce the allocations to the UPAL Large Cap Growth…

Important Investor Notification – Changes to WealthBuilder Program

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Changes will be made this week to the WealthBuilder investment strategies. The changes are summarized below.  Changes will be implemented on the strategy level.  Actual trades might vary in each account, depending on the account size and cash flows. Tactical Allocation Changes BOK’s Asset Allocation Committee recommended an increase to developed international equity, funded by a reduction in domestic large cap equity and commodities. The Committee’s view is that developed international markets may offer more opportunities as those markets benefit from accommodative monetary policies, lower oil prices, stronger dollar and…