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Victory CEMP Market Neutral Income Fund

Stephen Hammers Header
FUND OBJECTIVE
The Fund seeks to achieve high current income.

INVESTMENT STRATEGY
The rules-based methodology invests an equal amount in securities of the CEMP US and International High Dividend Indexes for high-dividend income. The Fund seeks to offset the market risk by shorting an equal amount of high-correlating equity future contracts, such as the S&P 500®, Russell 2000® or MSCI EAFE indexes.
On a smaller scale, the Fund seeks to offset potential spread risk between the CEMP Indexes and the equity futures by selling call or put options for income and investing in a rules-based proprietary long/short equity and VIX futures strategy. The Fund’s investments in foreign or domestic dividend-producing equity securities may include securities of any market capitalization size that are included in the CEMP Volatility Weighted Indexes. A CEMP High Dividend Volatility Weighted Index is an index compiled, created, sponsored or maintained by the Adviser that provides broad equity market exposure coupled with fundamental criteria and an equal weighting of volatility among all securities in each index.
 
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Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares, when redeemed, may be worth more or less than their original cost. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than that cited. 

Class A performance quoted "with maximum sales load" reflects the current maximum sales charge of 5.75%. The sales load on Class C shares is deferred and will be charged if you redeem shares within one year of purchase. The contingent deferred sales load is 1.00% of the purchase or sale price of the shares, whichever is less. Please read the prospectus carefully for more information on sales charges as they do not apply in all cases and if applied are reduced for larger purchases. Any sales charges are in addition to the Fund's fees and expenses as detailed in the Fund's most current prospectus. The performance quoted at NAV or "without sales load" does not reflect any sales charge. If a sales charge were included, the performance stated above would be lower. 

Total return figures reflect an expense limitation in effect during the periods shown; without such limitation, the performance shown would have been lower. Performance results assume the reinvestment of dividends and capital gains.


The Adviser has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses through at least October 31, 2018. The Adviser is permitted to recoup fees waived/expenses reimbursed for up to 3 years after the fiscal year in which the waiver/reimbursement took place, subject to certain limitations. Please read the prospectus for details.

Returns are average annual total returns, except those for periods of less than one year, which are cumulative.

Alpha is the excess return of a fund relative to the return of a benchmark index. Beta is a measure of the volatility, or systematic risk, of a security or portfolio relative to the market or a benchmark. R-Squared (R2 ) is a statistical measure that represents the percentage of a fund’s or security’s movements that can be explained by movements in a benchmark index. Information Ratio is a measure of the value added per unit of active risk by a manager over the benchmark. Sharpe Ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk. Standard deviation is a measure of the dispersion of a set of data from its mean. Source: Zephyr

The S&P 500® Index is a market capitalization-weighted index composed of the common stocks of 500 leading U.S. companies

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. Strategies intended to hedge risk may be partly or wholly unsuccessful. Investments in international companies could experience greater volatility than investments in domestic companies due to socioeconomic, market and currency value instability. The Fund may be subject to liquidity risk if the Adviser is not able to acquire or sell underlying securities held by the Fund at a price that is acceptable to the Adviser. Indexes are unmanaged statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index. To the extent the Fund buys and sells securities actively, it could have higher expenses (which reduces returns to shareholders) and higher taxable distributions. The value of the equity securities in which the Fund invests may decline in response to developments affecting individual companies and/or general economic conditions. The value of the Fund’s direct or indirect investments in fixed income securities will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned by the Fund. Conversely, if rates fall, the value of the fixed income securities generally increases. The value of fixed income securities typically falls when an issuer’s credit quality declines and may even become worthless if an issuer defaults.
Investing in small-cap and mid-cap companies involves additional risk, such as limited liquidity and greater volatility than larger companies. The Fund’s use of futures contracts exposes the Fund to leverage and tracking risks because a small investment in futures contracts may produce large losses and futures contracts may not be perfect substitutes for securities. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher-quality debt securities.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.

Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

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Holdings are subject to change.

Characteristics
Weighted average market cap is the average market capitalization of all companies in a portfolio with each company weighted according to its percent of the portfolio.  EPS is the portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability. Long-Term Debt/Capitalization is an indicator of financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockholder's equity. Average Price/Book Ratio: Compares a stock’s market value to the value of total assets less total liabilities (book value). Avg Price/Earnings Ratio (Last 12 Months & Next 12 Months) shows the multiple of earnings at which a stock sells. Determined by dividing current stock price by earnings per share for the relevant 12 month period. Earnings per share for the P/E ratio are determined by dividing earnings for the relevant 12 month period by the number of common shares outstanding. Return on Equity is net income divided by common equity. A measure of how well a company used reinvested earnings to generate additional earnings. Turnover ratio is the percentage of a mutual fund or other investment's holdings that have been replaced in a given year, which varies by the type of mutual fund, its investment objective and/or the portfolio manager's investing style. Source: FactSet Research Systems, Inc. 

Target metrics reflect our stated goals and are not absolute limits as these are affected by various factors like market fluctuations.
Percentage allocations listed above may not sum to 100% due to rounding methodology. 

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. Strategies intended to hedge risk may be partly or wholly unsuccessful. Investments in international companies could experience greater volatility than investments in domestic companies due to socioeconomic, market and currency value instability. The Fund may be subject to liquidity risk if the Adviser is not able to acquire or sell underlying securities held by the Fund at a price that is acceptable to the Adviser. Indexes are unmanaged statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index. To the extent the Fund buys and sells securities actively, it could have higher expenses (which reduces returns to shareholders) and higher taxable distributions. The value of the equity securities in which the Fund invests may decline in response to developments affecting individual companies and/or general economic conditions. The value of the Fund’s direct or indirect investments in fixed income securities will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned by the Fund. Conversely, if rates fall, the value of the fixed income securities generally increases. The value of fixed income securities typically falls when an issuer’s credit quality declines and may even become worthless if an issuer defaults.
Investing in small-cap and mid-cap companies involves additional risk, such as limited liquidity and greater volatility than larger companies. The Fund’s use of futures contracts exposes the Fund to leverage and tracking risks because a small investment in futures contracts may produce large losses and futures contracts may not be perfect substitutes for securities. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher-quality debt securities.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.
 
Stephen Hammers

Stephen Hammers is the Chief Portfolio Strategist of VictoryShares. In this role, he oversees the rules-based research and development process, as well as ETF management and implementation for VictoryShares. He is also responsible for the portfolio management and oversight of the CEMP mutual funds. Mr. Hammers is the Chief Investment Officer and Co-Founder of CEMP (formerly Compass EMP). CEMP was acquired by Victory Capital in April 2015 and is a Victory Capital investment franchise.

Mr. Hammers has more than 22 years of investment modeling experience. He began his career with Merrill Lynch & Co. in early 1995. In 2003, he founded Trinity Planning & Consulting and joined forces with Compass in 2005 to form Compass EMP. He frequently speaks on efficient indexing, alternative asset classes and portfolio allocation and has been quoted in numerous publications, including The Wall Street Journal, SmartMoney, Barron’s, InvestmentNews and Bloomberg Businessweek. Mr. Hammers has also been a regular guest contributor on CNBC, Fox Business and Bloomberg TV.

Mr. Hammers holds a B.S. in Aerospace from Middle Tennessee State University. He earned his Certified Investment Management Analyst® (CIMA®) certification from the Wharton School of the University of Pennsylvania sponsored by IMCA. He is a member of the Investment Management Consultants Association.

Dan_Banaszak-Team-Member-Bio-Photo

Dan Banaszak is a portfolio manager and member of the investment management team for CEMP. In addition to portfolio management responsibilities, he is actively involved in research and strategy development for CEMP’s alternatives-based solutions and performs ongoing maintenance and due diligence for the CEMP Indexes. CEMP (formerly Compass EMP) was acquired by Victory Capital in April 2015 and is a Victory Capital investment franchise.

Mr. Banaszak joined CEMP in 2011. He began his career in 2007 as a trader and market maker in S&P 500® Index options on the floor of the Chicago Board of Trade for Lerner Trading Group.

Mr. Banaszak earned a B.S.B.A. in finance magna cum laude from Xavier University. He is a CFA® charterholder.

Rob_Bateman-Team-Member-Bio-Photo

Rob Bateman is a portfolio manager, co-portfolio manager and member of the investment management team for CEMP. While he assists with all of CEMP’s strategies, his primary focus is on the funds’ fixed income investments. CEMP (formerly Compass EMP) was acquired by Victory Capital in April 2015 and is a Victory Capital investment franchise.

Mr. Bateman joined CEMP in 2007 with nine years of prior experience. Previously, he worked on the equity trading desk at PFIC Securities Corp. and earlier at Paine Webber. He began his career in fixed income on the institutional sales and trading desk at Stephens Inc.

Mr. Bateman holds a B.B.A. from the University of Mississippi. 

David_Hallum-Team-Member-Bio-Photo

David Hallum is a portfolio manager and member of the investment management team for CEMP. In this role, he oversees overall allocation management for each of the CEMP funds and provides exposure levels to the fixed income and futures traders. He also coordinates equity trading for the domestic and foreign funds. CEMP (formerly Compass EMP) was acquired by Victory Capital in April 2015 and is a Victory Capital investment franchise.

Mr. Hallum joined CEMP in 2005 and has been licensed in the financial services industry since 1991. He began his career with a financial planning focus and has since held several administrative roles with financial services firms as well as worked in a planned giving role with a non-profit organization. Earlier in his career, he founded Planning Templates, Inc., which offers Excel-based planning tools for financial advisors.

Mr. Hallum received a B.S. from Auburn University. 

Fees & Expenses

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Fund Downloads

Fact Sheet
FUND OBJECTIVE
The Fund seeks to achieve high current income.

INVESTMENT STRATEGY
The rules-based methodology invests an equal amount in securities of the CEMP US and International High Dividend Indexes for high-dividend income. The Fund seeks to offset the market risk by shorting an equal amount of high-correlating equity future contracts, such as the S&P 500®, Russell 2000® or MSCI EAFE indexes.
On a smaller scale, the Fund seeks to offset potential spread risk between the CEMP Indexes and the equity futures by selling call or put options for income and investing in a rules-based proprietary long/short equity and VIX futures strategy. The Fund’s investments in foreign or domestic dividend-producing equity securities may include securities of any market capitalization size that are included in the CEMP Volatility Weighted Indexes. A CEMP High Dividend Volatility Weighted Index is an index compiled, created, sponsored or maintained by the Adviser that provides broad equity market exposure coupled with fundamental criteria and an equal weighting of volatility among all securities in each index.
 
An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. Strategies intended to hedge risk may be partly or wholly unsuccessful. Investments in international companies could experience greater volatility than investments in domestic companies due to socioeconomic, market and currency value instability. The Fund may be subject to liquidity risk if the Adviser is not able to acquire or sell underlying securities held by the Fund at a price that is acceptable to the Adviser. Indexes are unmanaged statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index. To the extent the Fund buys and sells securities actively, it could have higher expenses (which reduces returns to shareholders) and higher taxable distributions. The value of the equity securities in which the Fund invests may decline in response to developments affecting individual companies and/or general economic conditions. The value of the Fund’s direct or indirect investments in fixed income securities will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned by the Fund. Conversely, if rates fall, the value of the fixed income securities generally increases. The value of fixed income securities typically falls when an issuer’s credit quality declines and may even become worthless if an issuer defaults.
Investing in small-cap and mid-cap companies involves additional risk, such as limited liquidity and greater volatility than larger companies. The Fund’s use of futures contracts exposes the Fund to leverage and tracking risks because a small investment in futures contracts may produce large losses and futures contracts may not be perfect substitutes for securities. 

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.
 

Annualized Returns

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Risk Measures

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Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares, when redeemed, may be worth more or less than their original cost. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than that cited. 

Class A performance quoted "with maximum sales load" reflects the current maximum sales charge of 5.75%. The sales load on Class C shares is deferred and will be charged if you redeem shares within one year of purchase. The contingent deferred sales load is 1.00% of the purchase or sale price of the shares, whichever is less. Please read the prospectus carefully for more information on sales charges as they do not apply in all cases and if applied are reduced for larger purchases. Any sales charges are in addition to the Fund's fees and expenses as detailed in the Fund's most current prospectus. The performance quoted at NAV or "without sales load" does not reflect any sales charge. If a sales charge were included, the performance stated above would be lower. 

Total return figures reflect an expense limitation in effect during the periods shown; without such limitation, the performance shown would have been lower. Performance results assume the reinvestment of dividends and capital gains.


The Adviser has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses through at least October 31, 2018. The Adviser is permitted to recoup fees waived/expenses reimbursed for up to 3 years after the fiscal year in which the waiver/reimbursement took place, subject to certain limitations. Please read the prospectus for details.

Returns are average annual total returns, except those for periods of less than one year, which are cumulative.

Alpha is the excess return of a fund relative to the return of a benchmark index. Beta is a measure of the volatility, or systematic risk, of a security or portfolio relative to the market or a benchmark. R-Squared (R2 ) is a statistical measure that represents the percentage of a fund’s or security’s movements that can be explained by movements in a benchmark index. Information Ratio is a measure of the value added per unit of active risk by a manager over the benchmark. Sharpe Ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk. Standard deviation is a measure of the dispersion of a set of data from its mean. Source: Zephyr

The S&P 500® Index is a market capitalization-weighted index composed of the common stocks of 500 leading U.S. companies

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. Strategies intended to hedge risk may be partly or wholly unsuccessful. Investments in international companies could experience greater volatility than investments in domestic companies due to socioeconomic, market and currency value instability. The Fund may be subject to liquidity risk if the Adviser is not able to acquire or sell underlying securities held by the Fund at a price that is acceptable to the Adviser. Indexes are unmanaged statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index. To the extent the Fund buys and sells securities actively, it could have higher expenses (which reduces returns to shareholders) and higher taxable distributions. The value of the equity securities in which the Fund invests may decline in response to developments affecting individual companies and/or general economic conditions. The value of the Fund’s direct or indirect investments in fixed income securities will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned by the Fund. Conversely, if rates fall, the value of the fixed income securities generally increases. The value of fixed income securities typically falls when an issuer’s credit quality declines and may even become worthless if an issuer defaults.
Investing in small-cap and mid-cap companies involves additional risk, such as limited liquidity and greater volatility than larger companies. The Fund’s use of futures contracts exposes the Fund to leverage and tracking risks because a small investment in futures contracts may produce large losses and futures contracts may not be perfect substitutes for securities. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher-quality debt securities.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.

Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

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GNMA securities are backed by the same full faith and credit guarantee offered by U.S. Treasury securities which is an unconditional commitment to pay interest and principal on debt. This guarantee applies only to the underlying securities in the Fund and not to the Victory Fund for Income.

100.00

Average Life Structure (%) (As of {{::asOf | date:"MM/dd/yyyy"}})

Holdings are subject to change.

Characteristics
Weighted average market cap is the average market capitalization of all companies in a portfolio with each company weighted according to its percent of the portfolio.  EPS is the portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability. Long-Term Debt/Capitalization is an indicator of financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockholder's equity. Average Price/Book Ratio: Compares a stock’s market value to the value of total assets less total liabilities (book value). Avg Price/Earnings Ratio (Last 12 Months & Next 12 Months) shows the multiple of earnings at which a stock sells. Determined by dividing current stock price by earnings per share for the relevant 12 month period. Earnings per share for the P/E ratio are determined by dividing earnings for the relevant 12 month period by the number of common shares outstanding. Return on Equity is net income divided by common equity. A measure of how well a company used reinvested earnings to generate additional earnings. Turnover ratio is the percentage of a mutual fund or other investment's holdings that have been replaced in a given year, which varies by the type of mutual fund, its investment objective and/or the portfolio manager's investing style. Source: FactSet Research Systems, Inc. 

Target metrics reflect our stated goals and are not absolute limits as these are affected by various factors like market fluctuations.
Percentage allocations listed above may not sum to 100% due to rounding methodology. 

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. Strategies intended to hedge risk may be partly or wholly unsuccessful. Investments in international companies could experience greater volatility than investments in domestic companies due to socioeconomic, market and currency value instability. The Fund may be subject to liquidity risk if the Adviser is not able to acquire or sell underlying securities held by the Fund at a price that is acceptable to the Adviser. Indexes are unmanaged statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index. To the extent the Fund buys and sells securities actively, it could have higher expenses (which reduces returns to shareholders) and higher taxable distributions. The value of the equity securities in which the Fund invests may decline in response to developments affecting individual companies and/or general economic conditions. The value of the Fund’s direct or indirect investments in fixed income securities will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned by the Fund. Conversely, if rates fall, the value of the fixed income securities generally increases. The value of fixed income securities typically falls when an issuer’s credit quality declines and may even become worthless if an issuer defaults.
Investing in small-cap and mid-cap companies involves additional risk, such as limited liquidity and greater volatility than larger companies. The Fund’s use of futures contracts exposes the Fund to leverage and tracking risks because a small investment in futures contracts may produce large losses and futures contracts may not be perfect substitutes for securities. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher-quality debt securities.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.
 

Dan Banaszak, CFA

Portfolio Manager

Dan Banaszak is a portfolio manager and member of the investment management team for CEMP. In addition to portfolio management responsibilities, he is actively involved in research and strategy development for CEMP’s alternatives-based solutions and performs ongoing maintenance and due diligence for the CEMP Indexes. CEMP (formerly Compass EMP) was acquired by Victory Capital in April 2015 and is a Victory Capital investment franchise.

Mr. Banaszak joined CEMP in 2011. He began his career in 2007 as a trader and market maker in S&P 500® Index options on the floor of the Chicago Board of Trade for Lerner Trading Group.

Mr. Banaszak earned a B.S.B.A. in finance magna cum laude from Xavier University. He is a CFA® charterholder.

Rob Bateman

Portfolio Manager

Rob Bateman is a portfolio manager, co-portfolio manager and member of the investment management team for CEMP. While he assists with all of CEMP’s strategies, his primary focus is on the funds’ fixed income investments. CEMP (formerly Compass EMP) was acquired by Victory Capital in April 2015 and is a Victory Capital investment franchise.

Mr. Bateman joined CEMP in 2007 with nine years of prior experience. Previously, he worked on the equity trading desk at PFIC Securities Corp. and earlier at Paine Webber. He began his career in fixed income on the institutional sales and trading desk at Stephens Inc.

Mr. Bateman holds a B.B.A. from the University of Mississippi. 

David Hallum

Portfolio Manager

David Hallum is a portfolio manager and member of the investment management team for CEMP. In this role, he oversees overall allocation management for each of the CEMP funds and provides exposure levels to the fixed income and futures traders. He also coordinates equity trading for the domestic and foreign funds. CEMP (formerly Compass EMP) was acquired by Victory Capital in April 2015 and is a Victory Capital investment franchise.

Mr. Hallum joined CEMP in 2005 and has been licensed in the financial services industry since 1991. He began his career with a financial planning focus and has since held several administrative roles with financial services firms as well as worked in a planned giving role with a non-profit organization. Earlier in his career, he founded Planning Templates, Inc., which offers Excel-based planning tools for financial advisors.

Mr. Hallum received a B.S. from Auburn University. 

Fees & Expenses

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