The Ibbotson ETF Asset Allocation Funds are a series of five risk-based asset allocation portfolios that invest in Exchange-Traded Funds (ETFs). The objective of each Fund is to provide disciplined, diversified access to a variety of asset classes that is consistent with an investor's risk profile and investment time horizon.

The Funds are managed by Ibbotson, using their proprietary asset allocation methodology to construct each ETF portfolio. Once the portfolios have been constructed, Ibbotson has the ability to adjust each Fund's asset allocation based on changing market conditions.