Bruce P. DeLaurentis
Mr. DeLaurentis’ investment experience began in 1969 as an active trader and student of the stock market. In 1977 he became a registered representative with Underwood, Neuhaus in Dallas, Texas. He adopted the Kensington name in 1984. The firm specializes in developing quantitative decision models that apply to the equity and fixed income markets and has licensed these models to a variety of financial firms over the years.
Since 1992, Mr. DeLaurentis has guided the Kensington Managed Income program through two major bear markets, 2000-2002, and 2007-2009 with positive outcomes in both instances. Over that time, Managed Income has compiled one of the best track records in the U.S. for a tactical high-yield bond strategy. All of the quantitative/ mathematical algorithms that drive Managed Income were created by Mr. DeLaurentis who is now broadening the product suite at Kensington. Mr. DeLaurentis is currently an Investment Advisor Representative with Advisors Preferred, LLC.
Ralph Doudera is the CEO of Spectrum Financial, Inc., a Registered Investment Advisory firm established in 1988. Over the past 25 years Spectrum’s investment and trading philosophy has strived to consistently provide above average investment returns while minimizing downside losses. He is also an investment strategist to Hundredfold Advisors, LLC managing the Hundredfold Select Alternative Fund. Mr. Doudera has a Bachelors Degree in Mechanical Engineering and a Masters Degree in Management and Finance from New Jersey Institute of Technology. He has also received a Masters Degree in Biblical Studies from Regent University. His first book, Wealth Conundrum, is now in its third printing, and it addresses the puzzles of wealth from a Biblical perspective.
"Our philosophy is to actively manage risk and provide variable exposure while capturing steady returns."
Michael L. Price has served as President of the sub-adviser since he founded it in 1997. After graduating from Auburn University in 1971 with a degree in Applied Physics, he was commissioned an ensign and sent to flight training. After 32 years of service, including 23 years of commissioned services as a Navy pilot, he retired as a Captain (O-6). In 1993, he formed Investors OnTrack, Inc., to provide training for high net worth individual investors and professional investors, with an emphasis on technical analysis. In 1997, he formed Price Capital Management to manage individual accounts using mutual funds. In 2000, he formed two hedge funds and began the transition to hedge fund management. Price Capital Management currently manages four hedge funds in addition to the OnTrack Core Fund using a similar investment strategy.
"We believe in a flexible investment approach with emphasis on capital preservation, while allowing our partners to adopt a less conservative posture and increase emphasis on capital appreciation when they believe the additional risk is warranted by favorable market conditions."
W. Lee Harris, Jr. has served as Chief Compliance Officer for Price Capital Management, Inc. since February 2012. Price Capital Management serves as sub-advisor to the OnTrack Core Fund, and Mr. Harris has served as co-portfolio manager to the Fund since its inception in January, 2013. Additionally, Mr. Harris founded and has served as President of Lee Harris Capital Management, Inc., since 2004. Mr. Harris served in the U.S. Navy from 1974-2004. He earned a Mathematics degree from the United States Naval Academy in 1974, and a Masters in Business Administration from the University of North Florida in 1981.
Jerry C. Wagner, J.D.
Jason Teed, CFA
A innovator in applying technology and hedge fund investing techniques to individual investing and risk management, Jerry C. Wagner founded Flexible Plan Investments in 1981. Mr. Wagner’s background includes pioneering new techniques in market analysis, designing quantitative methodologies and managing investment portfolios.
"Our goal is simple. We want to help investors reach their financial target. Using our actively managed strategies and strategic diversification, we aim to help protect against risk while seeking to take advantage of investment opportunities along the way."
Jason Teed, CFA, Director of Research of the Subadviser, has served the Funds as a portfolio manager since March 2018. Mr. Teed has served as Director of Research since September 2017. From December 2012 to August 2017, he served as Assistant Manager of Research. Mr. Teed is responsible for the daily calculation of mutual fund trades, optimization of trading system models, development and verification of new algorithmic trading methodologies (up to and through completion and actual trading), proprietary asset-allocation design and testing, walk-forward optimization design and utilization, and fiduciary communication with clients. Mr. Teed holds an MBA in finance from Walsh College of Accountancy and Business Administration, where he graduated magna cum laude. He holds the designation of Chartered Financial Analyst (CFA).