DFNDX

About DFNDX

The Kensington Defender Fund Institutional Class is a mutual fund managed by Kensington Asset Management that focuses on capital preservation and total return through a dynamic, momentum-driven investment strategy. The fund actively allocates its portfolio across global equities, real estate, fixed income, and commodities, regularly evaluating market momentum on a monthly basis to increase exposure to asset classes with positive trends. In periods of waning momentum, the fund shifts defensively into short and intermediate U.S. Treasuries to reduce potential drawdowns. Notable features include a proprietary option overlay that leverages S&P 500 option spreads to generate steady income while managing downside risk, and a built-in tail hedge aimed at volatility management and capital protection. Intended to address challenges faced by traditional buy-and-hold strategies, the Kensington Defender Fund seeks to balance growth potential with disciplined risk management, offering diversified, non-correlated strategies and regular income distributions as part of its approach to delivering resiliency and liquidity during varying market conditions.