Category: Special Announcements

April 2017 The Strategic Investment Advisors team at BOK Financial has implemented several changes to the WealthBuilder program. The changes are summarized below. Please note that the changes were implemented at the strategy level. Actual trades might vary in each account, depending on the account size and cash flows. Overview The Asset Allocation Committee met on April 10th and recommended several tactical changes. The Committee remain modestly constructive on the market and decided to maintain an underweight in fixed income and an overweight in equity. The decision was made, however, to increase developed international and emerging market equity as those

August 23, 2016 A few changes will be made this week to 3 of the 4 UPAL Pooled Fund Models in the UPAL Retirement Plan Program as indicated below.  These changes are recommended by the BOKF Asset Allocation Committee: No changes will occur in the Fixed Income Model Allocation. Conservative Model Allocation – Reduce the allocation to the UPAL Alternative Investment Fund by 2%, increase the allocation to the UPAL Core Bond Fund by 1% and increase the allocation to the UPAL International Fund by 1%. Balanced Model Allocation – Reduce the allocation to the UPAL Alternative Investment Fund by

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, President/CEO, 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 be sent to you at no charge. We are also pleased

Allocation Changes The BOKF Asset Allocation Committee recently changed their strategic asset allocation guidance, based on the results from an updated portfolio optimization and asset allocation study.  These changes are recommended by the Investment Advisors of BOK Financial. Strategic Allocation Changes  The strategic allocations of the Conservative, Balanced and Aggressive Models will be changed as follows: the allocation to Alternative Investments is being reduced by -6%. This reduction is being reallocated +3% to the Core Bond Fund and +1% each to the Large Cap Growth Fund, Large Cap Value Fund, and Mid Cap Fund. Alternative Investment Pooled Fund BOKF also

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 in 2012, 2013 and 2014, ranking in the 90th and