Active or Passive? Yes, Please

Dividends are not guaranteed and are subject to change or elimination.

RiverFront’s Price Matters® discipline compares inflation-adjusted current prices relative to their long-term trend to help identify extremes in valuation.

Master limited partnerships (MLP) investing includes risks such as equity- and commodity-like volatility.  Also, distribution payouts sometimes include the return of principal and, in these instances, references to these payouts as “dividends” or “yields” may be inaccurate and may overstate the profitability/success of the MLP.  Additionally, there are potentially complex and adverse tax consequences associated with investing in MLPs.  This is largely dependent on how the MLPs are structured and the vehicle used to invest in the MLPs.  It is strongly recommended that an investor consider and understand these characteristics of MLPs and consult with a financial and tax professional prior to investment.

Diversification does not ensure a profit or protect against a loss.

Investments in international and emerging markets securities include exposure to risks such as currency fluctuations, foreign taxes and regulations, and the potential for illiquid markets and political instability.

Technical analysis is based on the study of historical price movements and past trend patterns.  There are no assurances that movements or trends can or will be duplicated in the future.

ETFs are subject to substantially the same risks as those associated with the direct ownership of the underlying securities owned by the ETF.  Additionally, the value of the investment will fluctuate in response to the performance of the underlying index or securities. ETFs typically charge and/or incur fees in addition to those fees charged by RiverFront. Therefore, investments in ETFs will result in the layering of expenses.

RiverFront uses earnings consistency and balance sheet strength to define quality.

The RSI compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset.

RiverFront Investment Group, LLC, is an investment adviser registered with the Securities Exchange Commission under the Investment Advisers Act of 1940. The company manages a variety of portfolios utilizing stocks, bonds, and exchange-traded funds (ETFs). RiverFront also serves as sub-advisor to a series of mutual funds and ETFs. Opinions expressed are current as of the date shown and are subject to change.  They are not intended as investment recommendations. Copyright © 2016 RiverFront Investment Group. All Rights Reserved.