The Broyhill Global Thematic Portfolio is a diversified, multi-asset class investment strategy that invests in Exchange Traded Funds (ETFs) representing major markets in multiple asset classes. Macroeconomic fundamentals and long term investment themes drive asset class returns with varying degrees of correlation to each other. The combination of multiple asset classes that are not closely correlated to domestic equities significantly adds to the diversification of the portfolio, helping to stabilize returns and reduce overall risk. The development of an ever-growing number of ETFs covering these asset classes provides our investors with an efficient, low-cost way to benefit from our strategy.