Stewardship Asset Management, LLC.
3rd Qtr. 2011
Multi Manager Account (MMA) Platform
A Kingdom Class Biblically Responsible Asset Allocation Platform
Excellence in:
• Portfolio Management • Platform Operations & Client Service
• Manager Selection
Stewardship
• Biblically Responsible Investing (BRI)
Kingdom Class Asset Management
• Multi-Manager Style Based Asset Allocation
• Top Tier Money Managers
• Manager Due Diligence, Selection & Monitoring
• Extensive Performance Attribution Analysis
ASSET MANAGEMENT
SAM Strategic Growth - Minimum $250,000
Large-Cap Growth 15% (Stewardship)
Large-Cap Value 15% (Aletheia)
International Growth 25% (Stewardship)
Mid-Cap 25% (Schwartz)
Small-Cap 20% (Bahl & Gaynor)
• Strategic & Tactical Asset Allocation
• Asset Allocation using Model Portfolios
SAM Growth - Minimum $250,000
• Excellent, Easily Readable Client Reporting
• Online Risk Profile & Proposal Generation
• Online Creation of Investment Policy Statement
Large-Cap Growth 25% (Stewardship)
Large-Cap Value 15% (Aletheia)
International Growth 25% (Stewardship)
Mid-Cap 20% (Schwartz)
Small-Cap 15% (Bahl & Gaynor)
Kingdom Class BRI Screening
Utilizing the BRI Institute...a Leader in
Screening for Biblically Responsible
Investing
Kingdom Class Operations & Customer
Service
• Online Reporting & Account Access (Advisors & Clients)
• Account Transfers & Funding
• Processing Deposits & Distributions
• Automatic Fee Billing
Ownership of Individual Securities
• Portfolio Rebalancing
• Portfolio Trading for Third Party Managers
• Gain/Loss Reporting
• Advisor Opportunities for Tax Management
• Tax Loss Harvesting
SAM Moderate Growth - Minimum $350,000
Large-Cap Growth 20% (Stewardship)
Large-Cap Value 18% (Aletheia)
International 22% (Stewardship)
Mid-Cap 15% (Schwartz)
Small-Cap 10% (Bahl & Gaynor)
Fixed Income 15% (SAM Investment Mgt. Team)
SAM Conservative Growth - Minimum $450,000
Large-Cap Growth 15% (Stewardship)
Large-Cap Value 20% (Aletheia)
International 20% (Stewardship)
Mid-Cap 12% (Schwartz)
Small-Cap 8% (Bahl & Gaynor)
Fixed Income 25% (SAM Investment Mgt. Team)
SAM Balanced - Minimum $500,000
Large-Cap Value 12% (Aletheia)
International Growth 24% (Stewardship)
Mid-Cap Growth 8% (Schwartz)
Small-Cap Growth 6% (Bahl & Gaynor)
Fixed Income 50% (SAM Investment Mgt. Team)
• Quarterly Performance Reporting
• Quarterly SAM Newsletter & Manager Commentary
These charts are an approximation and may not be an accurate
representation of a client’s actual portfolio. Actual client allocations will
vary based upon the timing of investments, performance of the various
underlying investments and any ongoing contributions or withdrawals.
Tel: 866-959-4SAM (866-959-4726) • www.stewardshipassetmanagement.com
Stewardship Asset Management (SAM) MMA Portfolios
Stewardship Partners – International & Large Cap Growth
Large Cap Value -
Stewardship Partners (SP) was founded in 2001 by Howard “Rusty” Leonard, CFA.
A leader in Biblically Responsible Investing, SP distinguishes itself as a Global BRI
investment firm. Before starting SP, Leonard was a Senior Portfolio Manager at
Templeton Investment Counsel, where he managed over $3.5 billion in mutual fund and
separate account assets. Currently, Rusty manages assets over $300 million.
This category generally consists of stocks of companies having market capitalization of
greater than $10 billion, and which exhibit value characteristics such as low price-to-book
value ratio. The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a
company’s book value to its current market price.
Aletheia – Large Cap Value
This category generally consists of American Depository Receipts (ADRs) of companies
having market capitalizations of greater than $10 billion, and which, when combined in a
portfolio, have no particular growth or value orientation.
Aletheia Research & Management was founded by Peter Eichler, Jr. in 1997. Aletheia
is the classical Greek word for “truth & disclosure.” A key strength of Aletheia is
anticipating investor reactions, rather than reacting to them. Aletheia has been ranked
among the top managers of large cap value by Investors Business Daily and Pensions
& Investments Magazine. Currently, Aletheia manages over $5 billion in assets for state
governments, foundation and high net worth individuals.
Schwartz Investment Counsel, Inc. – Mid Cap
Schwartz Investment Counsel, Inc., founded in 1980, provides investment
counseling services to families, trusts retirement funds, foundation,
endowments, corporations and mutual funds. Schwartz is the manager of the
Ave Maria Fund family, one of the early pioneers in morally-responsible mutual
funds. The firm takes its fiduciary responsibility seriously to manage portfolios
with prudence in striving for preservation of principal, income generation and
growth of capital, consistent with clients’ risk tolerance levels.. This approach
provides clients with above-average long-term returns without exposure to
excessive risk. The firm’s professional staff of CFA’s & MBA’s manage over
$650 million in client assets.
Bahl & Gaynor Investment Counsel, Inc – Small Cap
Founded in 1990, Bahl & Gaynor Investment Counsel is located in Cincinnati, Ohio.
Bahl & Gaynor specializes in dividend growth using expertise from 13 portfolio
managers/analysts with an average of over 29 years of investment experience. Bahl &
Gaynor currently manages over $3.6 billion offering equity, balanced, and fixed income
investment strategies to high net worth and institutional clients.
Stewardship Asset Management Investment Team – Fixed Income
The SAM Investment Committee managed by SAM’s Chief Investment Officer, Michael
Winkle, CFA, will make tactical decisions allocating among U.S. Treasury ETFs and Mutual
Funds that make up the SAM Fixed Income UMA Portfolio. Michael A. Winkle, CFA, MBA is
the founder and president of Market Trend Investors Inc. (MTI). He is a Chartered Financial
Analyst (CFA), a member of the Association for Investment Management and Research and
a member of the CFA Institute.
Asset Allocation Category Descriptions:
Large Cap Growth -
International Growth -
Foreign Stock investments are subject to risks not normally encountered with domestic stock
investments, such as the economic, political and social risks of specific countries, as well as
currency risks. Foreign investments are intended primarily for long-term sophisticated investors.
Mid-Cap Growth This category generally consists of at least 80% of assets in common stocks of companies
with market capitalizations of greater than $2 billion.
Small-Cap Core This category generally consists of stocks of companies having market capitalizations of
less than $3 billion, and which, when combined in a portfolio, exhibit no particular growth or
value orientation.
Fixed Income The primary objectives of the SAM Fixed Income are to generate current income consistent
with a high level of credit safety and prudent investment risk. To achieve this goal, the
SAM Investment Mgt. team invests primarily in ETFs and Mutual Funds that invest in U.S.
treasury obligations that are backed by the full faith and credit of the U.S. government and
other debt obligations that are consistent with their morally-based values.
All exchange-traded funds (ETFs) are subject to trading risks similar to those of stocks.
ETFs can entail market, sector, or industry risks similar to direct stock ownership. Generally, an
ETF is a type of investment company whose investment objective is to achieve the same or similar
return as a particular market index or stated objective. Leveraged and inverse ETFs are unique
and involve additional risks and considerations not present in traditional ETFs. Such funds are
not intended to be used by investors who do not intend to actively monitor and manage their
portfolios. These funds are riskier than alternatives that do not use leverage. Carefully consider the
investment objectives, risks, charges and expenses before investing.
There are risks associated with fixed income investing including inflation risk, price
fluctuation risk, and issuer risk. Payments on a fixed income investment are fixed, and if
interest rates increase, the fixed return will not. If interest rates increase during the time
a bond is held, the value of the bond will decrease. The bond’s coupon and principal
are payable by its issuer, and there is a risk that the issuer, whether it be a government or
company, may not be able to meet its financial obligations.
Investment Companies are sold with a prospectus which provides investment
objectives, risks, fees, expenses and other information that should be read
and considered carefully before investing. A prospectus can be provided by
contacting Stewardship Asset Management at 866-959-4726.
This category generally consists of stocks of companies having market
capitalizations of greater than $10 billion, and which exhibit growth
characteristics such as high relative earning growth.
H. Dann Harris
Chief Executive Officer
Dann has over 35 years of management
experience and has served as a Senior Vice
President of Marketing and Sales for two financial
services organizations. Dann also consults and
coaches senior managers and executives of
medium and large companies as well as large
churches in staff recruiting and streamlining for
growth. Dann is an ordained pastor and partnering
with his wife Susie, have helped many families
through their marriage mentoring ministry.
Kingdom Class Leadership
Michael Winkle CFA®
Chief Investment Officer
Michael A. Winkle, CFA®, MBA is the
founder and president of Market Trend
Investors Inc. (MTI). Prior to forming
MTI, Michael was an Assistant Vice
President, Senior Market Analyst and
Portfolio Manager at Waddell & Reed, a
large mutual fund organization, where he
was responsible for developing market
strategy and industry group analysis.
Michael is a Chartered Financial Analyst
(CFA), a member of the Association for
Investment Management and Research
and member of the CFA Institute.
Jeff Rogers CLSA, CEP
Chief Inspiration Officer
Jeff Rogers, CLSA, CEP, is the Founder and
Managing Partner of Stewardship Advisory
Group, one of the leading Wealth Management
and Estate Planning organizations that is
committed to integrating Biblical Stewardship in
its counsel to Clients. Jeff is a Charter Member
of Kingdom Advisors, and a Qualified Kingdom
Advisor. Jeff serves as the Chairman of the
Board for The Stewardship Alliance, co-creator of
The LifeStewardship Institute and very involved
with Wycliffe Bible Translators, Crown Financial
Ministries, and Campus Crusade for Christ.
Tel: 866-959-4SAM (866-959-4726) • www.stewardshipassetmanagement.com
Stewardship Asset Management, LLC. is an SEC Registered Investment Advisor. Separately managed account programs are not suitable for all investors. Investors should understand
their investment objectives, risk tolerance and liquidity needs to determine suitability prior to an investment with any manager or investment program. Separately managed account
programs offered by Stewardship Asset Management are subject to minimum amount requirements. Contact a financial advisor for more information.
Revised 11/02/11