General Disclaimers 

Registration Statement

Build Asset Management, LLC (a/k/a Build and/or GetBuilding.com) is a registered investment adviser in the States of Missouri, South Dakota, and Washington. The Adviser may not transact business in states where it is not appropriately registered, excluded, or exempted from registration. Individualized responses to persons that involve either the effecting of transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption. 

Disclaimer About Representations of Investment Performance

Build does not guarantee any minimum level of investment performance or the success of any index portfolio, index, mutual fund, stock, bond, option, or any other investment strategy. Past performance does not guarantee future results. There is a potential for loss in any investment, including loss of principal invested. All investments involve risk, and different types of investments involve varying degrees of risk. Investment recommendations will not always be profitable. No representation is being made that any client account will or is likely to achieve profit or losses similar to those shown in actual strategy performance or hypothetical backtested strategy performance. Impacts of federal and state taxes and trading costs are not included in the results of investment portfolio or investment returns. Hypothetical backtested performance information shown in text, charts, tables and graphs on this site or any other marketing material is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Neither Build nor its management purport that presentations or the information included on this website or Build marketing materials is all-inclusive or provides that which a prospective investor may desire. No representation or warranty, express or implied, is or will be given by Build Asset Management, LLC, or any of its management, advisors or any of their respective agents, as to the accuracy or completeness of the information presented on this website, these contents, or the information or opinions contained herein.

Disclosures Regarding Hypothetical Backtest Results 

Hypothetical Backtest – Build Conservative Indexed Risk Control™ Strategy
  1. All materials in this presentation are intended for use only by investment professionals or ERISA plan sponsors/fiduciaries. Build does not guarantee any minimum level of investment performance or the success of any index portfolio, index, mutual fund or investment strategy. Past performance does not guarantee future results. There is a potential for loss in any investment, including loss of principal invested. All investments involve risk, and different types of investments involve varying degrees of risk. Investment recommendations will not always be profitable. No representation is being made that any client account will or is likely to achieve profit or losses similar to those shown in hypothetical backtested performance. Impacts of federal and state taxes and trading costs are not included in the results of index portfolio or index returns. Hypothetical backtested performance information shown in text, charts, tables and graphs is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Backtest used assumption of target fixed income portfolio yield of 2.5%. Fixed income portfolio was comprised of 1-3 month US Treasuries, LD12TRUU – Bloomberg Barclays US Treasury Bills 1-3 Month TR Index (UST) and/or an Aggregate Bond Index, LBUSTRUU – Bloomberg Barclays US Aggregate Bond Index (AGG). If the portfolio produces 2.5% yield with UST, then 100% of fixed income core remained in UST. If UST yielded less than 2.5%, AGG was added until total mix equaled 2.5% yield. If 2.5% was not achievable, backtest accepted highest yield produced by mixture of UST and AGG. Backtest was able to produce positive yield. The backtest does not consider the possibility of negative interest rates from a mixture of UST and AGG, but this is possible. The backtest used the yield produced by the fixed income core to purchase long only call options. Backtest assumes a starting principal of $10,000,000 with no additional contributions. Gross and net returns are intended to reflect a series of independent monthly time-weighted returns in the absence of contributions or withdrawals. Option prices are assumed to be the midpoint of the bid/ask closing prices on the trade date. Gross returns are after transactions costs. Transaction costs associated with the options are assumed to be $0.58 per contract. Net returns are calculated using 10bps trustee fee, 65bps advisor fee (Manager), presented as an annual rate of 75bps. Actual fee of strategy implementation may be higher than long-term estimate in backtest. In backtesting, both fees were applied on a daily basis. Account returns include realized and unrealized gains and losses, dividends, and interest. Returns are presented in US dollars. Dates shown in the backtest between 12/19/1991 and 6/30/2019 have been verified by an independent third party. Dates shown after 6/30/2019 have not been independently verified but are subject to such verification, are calculated using the same methodology as all independently verified backtesting and are subject to change. The backtest fixed income methodology differs from actual implementation in that fixed income will be actively managed and Build’s investment committee will determine the optimal and achievable low risk target yield. The backtest used a deterministic methodology to select fixed income allocations so as not to influence the outcome.

 

Hypothetical Backtest – Build Moderate Indexed Risk Control™ Strategy

All materials in this presentation are intended for use only by investment professionals or ERISA plan sponsors/fiduciaries. Build does not guarantee any minimum level of investment performance or the success of any index portfolio, index, mutual fund or investment strategy. Past performance does not guarantee future results. There is a potential for loss in any investment, including loss of principal invested. All investments involve risk, and different types of investments involve varying degrees of risk. Investment recommendations will not always be profitable. No representation is being made that any client account will or is likely to achieve profit or losses similar to those shown in hypothetical backtested performance. Impacts of federal and state taxes and trading costs are not included in the results of index portfolio or index returns. Hypothetical backtested performance information shown in text, charts, tables and graphs is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Backtest used assumption of absolute allocation of 10% annually to options overlay. Fixed income portfolio was comprised of U.S. Intermediate Aggregate Bond Index (LCO8TRUU). Backtest assumes a starting principal of $10,000,000 with no additional contributions. Gross and net returns are intended to reflect a series of independent monthly time-weighted returns in the absence of contributions or withdrawals. Option prices are assumed to be the midpoint of the bid-ask closing prices on the trade date. Gross returns are after transactions costs. Transaction costs associated with the options are assumed to be $0.58 per contract. Net returns are calculated using 10bps trustee fee, 65bps advisor fee (Manager), presented as an annual rate of 75bps. Actual fee of strategy implementation may be higher than long-term estimate in backtest. Both fees are applied on a daily basis. Account returns include realized and unrealized gains and losses, dividends, and interest. Returns are presented in US dollars. Dates shown in the backtest between 12/19/1991 and 3/31/2020 have been verified by an independent third party. Dates shown after 6/30/2019 have not been independently verified but are subject to such verification, are calculated using the same methodology as all independently verified backtesting and are subject to change. The backtest methodology for fixed income will differ from actual implementation in that fixed income will be actively managed while the backtest used a single fund to approximate returns. Build’s investment committee maintains discretion with respect to both the fixed income and options strategy such that either may be modified as deemed appropriate during implementation. 

Hypothetical Backtest – Build Aggressive Indexed Risk Control™ Strategy

All materials in this presentation are intended for use only by investment professionals or ERISA plan sponsors/fiduciaries. Build does not guarantee any minimum level of investment performance or the success of any index portfolio, index, mutual fund or investment strategy. Past performance does not guarantee future results. There is a potential for loss in any investment, including loss of principal invested. All investments involve risk, and different types of investments involve varying degrees of risk. Investment recommendations will not always be profitable. No representation is being made that any client account will or is likely to achieve profit or losses similar to those shown in hypothetical backtested performance. Impacts of federal and state taxes and trading costs are not included in the results of index portfolio or index returns. Hypothetical backtested performance information shown in text, charts, tables and graphs is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Backtest used assumption of absolute allocation of 10% annually to options overlay. In addition, backtest assumed VIX Index option allocation determined via Build’s aggressive strategy algorithm. Fixed income portfolio was comprised of U.S. Intermediate Aggregate Bond Index (LCO8TRUU). Backtest assumes a starting principal of $10,000,000 with no additional contributions. Gross and net returns are intended to reflect a series of independent monthly time-weighted returns in the absence of contributions or withdrawals. Option prices are assumed to be the midpoint of the bid-ask closing prices on the trade date. Gross returns are after transactions costs. Transaction costs associated with the options are assumed to be $0.58 per contract. Net returns are calculated using 10bps trustee fee, 65bps advisor fee (Manager), presented as an annual rate of 75bps. Actual fee of strategy implementation may be higher than long-term estimate in backtest. Both fees are applied on a daily basis. Account returns include realized and unrealized gains and losses, dividends, and interest. Returns are presented in US dollars. Dates shown in the backtest between 3/1/2006 and 6/30/2020 have been verified by an independent third party. Dates shown after 6/30/2019 have not been independently verified but are subject to such verification, are calculated using the same methodology as all independently verified backtesting and are subject to change. The backtest fixed income methodology will differ from actual implementation in that fixed income will be actively managed while the backtest used a single fund to approximate returns. Build’s investment committee maintains discretion with respect to both the fixed income and options strategy such that either may be modified as deemed appropriate during implementation. 

Disclosures Regarding Composite Performance Reporting of Indexed Risk Control Strategies™ 

Conservative Indexed Risk Control Composite

Composite Description 

  • Conservative Indexed Risk Control Composite strategy- The Fund invests in fixed income securities and long-only call options on the S&P 500TM Index and/or its member constituents. The fixed income assets of the Fund may invest in investment grade fixed income securities—including U.S. Treasury and agency bonds, corporate bonds, mortgage-backed securities, commercial mortgage-backed securities, and asset-backed securities. The Fund is expected to maintain a dollar-weighted average duration of under 6 year. The Fund utilizes an option overlay to provide exposure to positive returns in US Large Cap equities while establishing a known level of maximum downside risk exposure 

Benchmark Information 

  • Standard & Poor’s Target Risk Index Series is comprised of four multi-asset class indices, each corresponding to a particular risk level. The asset class mix is determined once per year through a process designed to reflect the overall opportunity of the markets represented, adjusted for specific risk levels. Each index is fully investable, with varying levels of exposure to equities and fixed income 

Calculation of Performance Returns 

  • Return is a time-weighted rate of return which is the compounded growth rate of the value invested over a given period regardless of the amount invested and is unaffected by significant cash flow at any given time which is linked geometrically.  
  • Gross-of-fees reflect performance returns net of trading cost.  
  • Net-of-fees reflect gross of fees performance returns less actual investment management and trustee fees for CIT 
  • Administrative fees account for less than 1bp and is not included while calculating Net-of-fees returns. Administrative fees include, but not limited to, pricing cost, exchange listing fees, custody fees or any other administrative cost. Supplement information would be provided upon request. 
  • Returns less than one year are not annualized. 

Fee Schedule 

  • Management fees range from 0.25% – 0.65%.  Management fee schedules are dependent on account type or fund structure and may vary based on minimum investment thresholds.
  • Other fees may apply and are not included in the range of management fees charged.  Other fees may include, but are not limited to, acquired expenses, administrative expenses, trustee fees, legal fees, accounting fees, or other non-management fees.

GIPS Compliance and Verification Status 

  • Build Asset Management has not been independently verified and is not claiming GIPS compliance.  
  • The performance quoted represents past performance. Past performance does not guarantee future results. 
  • All values in the performance calculation system are rounded to the first decimal point for reporting purposes  

 

Moderate Indexed Risk Control Composite

Composite Description 

  • Moderate Indexed Risk Control Composite strategy – The Fund invests in fixed income securities and an options overlay to manage risk as well as participate in positive long-term performance in equity markets. The fixed income assets of the Fund may invest in fixed income securities—including U.S. Treasury and agency bonds, corporate bonds, mortgage-backed securities, commercial mortgage-backed securities, and asset-backed securities. The fixed income core accounts for the majority of assets in the portfolio, with a target allocation of 90% to fixed income assets in the portfolio. The Fund utilizes an option overlay to provide exposure to positive returns in US Large Cap equities while establishing a target level of maximum downside risk exposure.  

Benchmark Information 

  • Standard & Poor’s Target Risk Index Series is comprised of four multi-asset class indices, each corresponding to a particular risk level. The asset class mix is determined once per year through a process designed to reflect the overall opportunity of the markets represented, adjusted for specific risk levels. Each index is fully investable, with varying levels of exposure to equities and fixed income 

Calculation of Performance Returns 

  • Return is a time-weighted rate of return which is the compounded growth rate of the value invested over a given period regardless of the amount invested and is unaffected by significant cash flow at any given time which is linked geometrically.  
  • Gross-of-fees reflect performance returns net of trading cost.  
  • Net-of-fees reflect gross of fees performance returns less actual investment management and trustee fees for CIT 
  • Administrative fees account for less than 1bp and is not included while calculating Net-of-fees returns. Administrative fees include, but not limited to, pricing cost, exchange listing fees, custody fees or any other administrative cost. Supplement information would be provided upon request. 
  • Returns less than one year are not annualized. 

Fee Schedule 

  • Management fees range from 0.25% – 0.65%.  Management fee schedules are dependent on account type or fund structure and may vary based on minimum investment thresholds.
  • Other fees may apply and are not included in the range of management fees charged.  Other fees may include, but are not limited to, acquired expenses, administrative expenses, trustee fees, legal fees, accounting fees, or other non-management fees.

GIPS Compliance and Verification Status 

  • Build Asset Management has not been independently verified and is not claiming GIPS compliance.  
  • The performance quoted represents past performance. Past performance does not guarantee future results. 
  • All values in the performance calculation system are rounded to the first decimal point for reporting purposes  

 

Aggressive Indexed Risk Control Composite

Composite Description 

  • Aggressive Indexed Risk Control Composite strategy – The Fund invests in fixed income securities and an options overlay to manage risk as well as participate in positive long-term performance in equity markets. The fixed income assets of the Fund may invest in fixed income securities—including U.S. Treasury and agency bonds, corporate bonds, mortgage-backed securities, commercial mortgage-backed securities, and asset-backed securities. The fixed income core accounts for the majority of assets in the portfolio, with a target initial allocation of 90% to fixed income assets in the portfolio but may range from 60-100% thereafter. The Fund utilizes an option overlay to provide exposure to positive returns in US Large Cap equities while establishing a target level of maximum downside risk exposure 

Benchmark Information 

  • Standard & Poor’s Target Risk Index Series is comprised of four multi-asset class indices, each corresponding to a particular risk level. The asset class mix is determined once per year through a process designed to reflect the overall opportunity of the markets represented, adjusted for specific risk levels. Each index is fully investable, with varying levels of exposure to equities and fixed income 

Calculation of Performance Returns 

  • Return is a time-weighted rate of return which is the compounded growth rate of the value invested over a given period regardless of the amount invested and is unaffected by significant cash flow at any given time which is linked geometrically.  
  • Gross-of-fees reflect performance returns net of trading cost.  
  • Net-of-fees reflect gross of fees performance returns less actual investment management and trustee fees for CIT 
  • Administrative fees account for less than 1bp and is not included while calculating Net-of-fees returns. Administrative fees include, but not limited to, pricing cost, exchange listing fees, custody fees or any other administrative cost. Supplement information would be provided upon request. 
  • Returns less than one year are not annualized. 

Fee Schedule 

  • Management fees range from 0.25% – 0.65%.  Management fee schedules are dependent on account type or fund structure and may vary based on minimum investment thresholds.

  • Other fees may apply and are not included in the range of management fees charged.  Other fees may include, but are not limited to, acquired expenses, administrative expenses, trustee fees, legal fees, accounting fees, or other non-management fees.

GIPS Compliance and Verification Status 

  • Build Asset Management has not been independently verified and is not claiming GIPS compliance.  
  • The performance quoted represents past performance. Past performance does not guarantee future results. 
  • All values in the performance calculation system are rounded to the first decimal point for reporting purposes  

 

Build Asset Management, LLC (a/k/a Build and/or Get Building) is a registered investment adviser in the States of Missouri, South Dakota, and Washington. The Adviser may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Individualized responses to persons that involve either the effecting of transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption.

Build does not guarantee any minimum level of investment performance or the success of any index portfolio, index, mutual fund or investment strategy. Past performance does not guarantee future results. There is a potential for loss in any investment, including loss of principal invested. All investments involve risk, and different types of investments involve varying degrees of risk. Investment recommendations will not always be profitable. No representation is being made that any client account will or is likely to achieve profit or losses similar to those shown in hypothetical backtested performance. Impacts of federal and state taxes and trading costs are not included in the results of index portfolio or index returns. Hypothetical backtested performance information shown in text, charts, tables and graphs is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Terms of Use Policy.