BCM Decathlon plans to launch conservative, moderate, aggressive funds

By Toni Weeks

San Diego, Jan. 19 - Northern Lights Variable Trust announced in an N-1A filing with the Securities and Exchange Commission plans to launch three new funds, the BCM Decathlon Conservative Portfolio, the BCM Decathlon Moderate Portfolio and the BCM Decathlon Aggressive Portfolio.

All three funds will seek income and capital appreciation. Each is a fund-of-funds that invests primarily in a defined pool of exchange-traded funds selected to represent a diverse and wide range of asset classes.

The BCM Decathlon Conservative Portfolio will aim to produce returns that track those of the Decathlon Conservative Index, which is a portfolio of 10 equally weighted ETFs selected to produce the highest expected rate of return for a conservative amount of risk, as measured by expected volatility and probability of loss.

The BCM Decathlon Moderate Portfolio will aim to produce returns that track those of the Decathlon Moderate Index, a portfolio of 10 equally weighted ETFs selected to produce the highest rate of return for a moderate amount of risk, as measured by expected volatility and probability of loss.

The BCM Decathlon Aggressive Portfolio will aim to produce returns that track those of the Decathlon Aggressive Index, a portfolio of 10 equally weighted ETFs selected to produce the highest expected rate of return for an aggressive amount of risk, as measured by expected volatility and probability of loss. The index may substitute cash equivalents for one of more ETFs under unfavorable investment conditions.

The portfolio managers for the funds are David M. Haviland and Thomas J. Cahill.

Management fees for the funds are 0.95% across the board. Taking into account distribution and other fees and a fee waiver with the advisor, total annual portfolio operating expenses are expected to be 2%, 2.1% and 2.2% for class1 shares of the funds and 2.25%, 2.35% and 2.45% for class 2 shares of the funds, respectively,

The funds' investment adviser is Wellesley Hills, Mass.-based Beaumont Financial Partners, LLC, which is doing business as BFP Capital Management.

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