Investment Philosophy

Goals

� Deliver superior risk-adjusted returns.

� Help financial advisors deliver successful

outcomes to clients.

� Personalize the process so that investments

are relevant to clients and fully support your

financial planning efforts.

Meaningful Diversification Multiple global asset classes and methodologies are incorporated into a personal asset allocation policy designed to help you align the desired risk and reward outcome with the client’s life goals.

Opportunistic Asset Allocation We take a proactive approach that seeks to take advantage of growth opportunities across various global asset classes. We believe the rapidly changing global marketplace demands a flexible approach that can identify and exploit market and economic conditions.

Personalized Risk ManagementOur personalized risk management

approach aims to help your clients remain committed to reaching their

long term goals, even as appetites for risk change throughout

market cycles.

Clark CapitalInvestment Philosophy

Clark Capital Management Group’s investment philosophy is driven by a single-

minded focus: to add value for our investors. This focus requires us to produce

institutional investment solutions that aim to consistently generate competitive

risk-adjusted returns over full market cycles. It compels us to maintain a long-

term perspective and seek to provide innovative solutions that add value for our

clients. It also requires us to place an emphasis on personalized risk management,

because understanding and managing risk is critical to clients’ investment

success. We firmly believe that successful investment management rests not on

the ability to excel through any one of these elements but through the combined

strength of all of them.

Clark Capital utilizes a wide range of asset classes and strategies and builds

portfolios with purpose. Whether your clients seek growth, income or protection,

our Investment Consultants and portfolio managers collaborate with you to

create the right portfolio for each investor’s unique needs.

We strive to build portfolios that stand up to short-term volatility, so that clients

can remain within their risk comfort zone and stay focused on their long-term

life goals.

Clark Capital’s Investment Philosophy

Our disciplined

and research-driven

investment philosophy

is grounded in

three core principles.

Clark Capital manages over 30 individual investment

strategies, incorporating a diverse array of asset classes

and investment methodologies. Our portfolio managers

have an average of 27 years experience. Working

collaboratively with you and your client, they actively

ensure that every portfolio is tailored to the client’s

unique goals and objectives.

TOP-DOWN

BOTTOM-UPAlternatives

CountryRotation

SectorRotation

TacticalFixed

Income

TacticalUnconstrained

StyleRotation

QUANTITATIVELY DRIVEN

FU

NDAMENTALLY

DRIVEN

QUANTITATIVELY DRIVEN

Every client’s needs and circumstances are different, and many clients have

very complex needs that require a high degree of adaptability by the portfolio

managers. Through our Navigator Investment Solutions, we try to make it

possible for individuals to invest with confidence, move steadily toward their

long term goals, and enjoy peace of mind. We work to create sophisticated asset

allocation strategies that we believe will consistently generate competitive risk-

adjusted returns over market cycles.

In our view, a simple and straightforward delivery of institutional quality

management enables a high degree of customization to the individual investor.

Through close collaboration with our advisor partners and a client-first approach,

Clark Capital’s Portfolio Management Team creates an asset allocation portfolio

tailored to the individual client’s situation and preferences. In an effort to meet

the client’s long term needs and goals, our portfolios can provide meaningful

diversification through our bottom-up fundamental process combined with a

top-down, quantitative approach. We seek to optimize portfolios so that clients

can achieve successful outcomes regardless of whether markets go up or down.

Built to Last

Our goal is

meaningful

diversification achieved

through our bottom-up

fundamental process

combined with a top-

down, quantitative

approach.

For over 30 years, Clark Capital has helped advisors

help their clients. Our mission is to provide advisors

with disciplined, consistent and personalized investment

strategies that help clients stay on track to reach their

unique goals.

We believe investing should be personal for every client. That’s why we take a

Client-First Approach to portfolio construction, building investments to help

you deliver successful outcomes to clients.

Through close collaboration with financial advisors, Clark Capital provides the

tools, resources and scalability needed to run a successful investment advisory

practice. We believe this allows advisors to focus on their most valuable role:

understanding their clients’ needs and helping them achieve successful outcomes.

Our investment planning process is designed to fully support your overall

financial plan for the client.

Benefits to You and Your Clients:

� Comprehensive coverage for each stage of the investor life cycle in a personalized financial plan.

� Support for your financial plan with targeted investment strategies and a simplified income plan.

� Personalized risk management efforts that help the client remain within their risk comfort zone through good and bad markets.

For more information, contact the Clark Capital

Relationship Manager Team at 800.766.2264 or

advisorsupport@ccmg.com.

Why Clark Capital?

CaseDesign

BondDiagnosticsReporting

Client-FirstApproach

InvestmentPolicy

Statement

Consolidated HouseholdProposal

PersonalizedBenchmarks

TargetedRisk

Management

Simplified IncomePlanning

PersonalizedUMA

Tax TransitionStrategies

Portfolio Intergration Strategies

CollaborativeProcess

Comprehensive Portfolio Analysis

Corporate HeadquartersOne Liberty Place1650 Market Street, 53rd FloorPhiladelphia, PA 19103800.766.2264www.ccmg.com

The opinions expressed are those of the Clark Capital Management Group Investment Team. The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. There is no guarantee of the future per-formance of any Clark Capital investment portfolio. Material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Nothing herein should be construed as a solicitation, recommendation or an offer to buy, sell or hold any securities, other investments or to adopt any investment strategy or strategies. For educational use only. This information is not intended to serve as investment advice.

This material is not intended to be relied upon as a forecast or research. The investment or strategy discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances. Past performance does not guarantee future results.

Clark Capital Management Group, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Clark Capital’s advisory services can be found in its Form ADV which is available upon request. CCM-951