The Road
&
The Ride
How Does
This Work?
What Are
The Benefits?
What's In
The fund?
Meet Joe
& Joe
Fees &
Expenses

Welcome to
The Aspiration Flagship Fund

5 minutes and $500

That's all you need to invest in the Aspiration Flagship Fund – our mutual fund designed to provide "one stop" access to a range of strategies once out of reach to everyday investors. Its goal is to grow your money steadily over the long-term while trying to reduce the amount of ups and downs of the stock market along the way.

Unlike many investment firms which only work for the very wealthy, Aspiration's mission is to open the doors to investing for all. There are no requirements to be one of our clients. The Aspiration Flagship Fund is open only to our clients, but it's open to every one of our clients – at a minimum investment of only $500.

Investing is like a car ride. You know where you want to go: more money to reach your goals for you and your family. The questions are: what will take you there and how you'll get there.

Often, investment professionals set out with a certain kind of financial asset in mind. They start out thinking about what kind of car they want to build.

At Aspiration, we start out thinking about the road: how we can get you to your destination with the fewest potholes and detours.

The wealthiest Americans can often invest in ways that are designed to provide investment returns less linked to the roller coaster of the stock market. However, we believe it is everyday investors who can least afford the big drops in the stock market.

That's why we created the Aspiration Flagship Fund

1

An "Alternative" Approach

To meet the goals of the Aspiration Flagship Fund, we set out to build a mutual fund available to all that uses strategies that seek to lessen your volatility. Put simply, this means the Fund works to smooth out the ups and downs of the market. The Fund is made of other mutual funds, each employing different strategies, that try to make money whether the stock market is heading uphill or down.

2

Search for the Best

We looked at a broad universe of over 9,300 mutual funds and exchange traded funds and then picked the ones that, in our opinion, are the best of the best. We especially focused on those that have been around long enough to show how they perform not only when the road is straight, but when it is winding.

3

The Right Mix

It is not enough to just select funds in which to invest. What is just as important is getting the right proportions and mix of these funds to try to reach the result we want.

4

Continually Monitor Performance

We continually monitor the Fund's performance on a daily basis and make adjustments as needed. We also conduct regular conversations – mostly in person – with the various managers of the funds we invest in to check whether they are staying true to their mission.

A portfolio with liquid alternatives has done better than one with only stocks


Hide Disclosure Show Disclosure
This chart does not show the performance of the Aspiration Flagship Fund – it merely compares the performance of a blended portfolio against the S&P500 alone. Further, this performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of blended portfolios may be lower or higher than the performance data shown by this graph.
There are no guarantees in investing. And don't believe anyone who tells you differently. But here is what we work to do every day:
  • Minimum Investment
    Only $500

    Liquid alternative funds (such as those in Our Fund) average a minimum investment of $6,000.

  • Provide for
    Risk Adjusted Returns

    The primary investment objective of the Fund is to grow your investment over the long-term while attempting to smooth out the ups and downs of the market.

  • Reduce
    Volatility

    The stock market can be a roller coaster of ups and downs; these gains and losses sometimes being referred to as "volatility." Our Fund seeks to deliver less volatility than traditional equity mutual funds.

  • Liquidity

    You can sell your shares of the Fund on any business day on which the Fund is open. See our prospectus for details.

  • Transparency

    Mutual funds such as the Aspiration Flagship Fund publicly release the components of their portfolio on a regular basis.

  • Limit
    Correlation

    A fancy way of saying the Flagship Fund is designed to have performance less tied to the overall stock market.

  • Access Shares Classes
    Otherwise Out Of Reach

    We shop for institutional share classes usually only available to investments by large institutions.

Transparency and trust are at the core of Aspiration. Instead of hiding or limiting how much information you have, we post the full list of what funds make up the Flagship Fund.

Do the rest of your investment funds do the same?

A Look Under the Hood

Select any category below to view the underlying funds that make up that category of the Aspiration Flagship Fund.

Aspiration's subadvisors act as the daily portfolio managers of the Flagship Fund. They have half a century of investing experience between them – and these Joes are anything but average.

Joseph E. Besecker

CEO, Emerald Separate Account Management

Experience: 31 years

Joe Besecker is Founder, Chairman, President and CEO of Emerald Asset Management, Inc., parent company to Emerald Separate Account Management.

He has led Emerald from a start-up investment/research firm in 1991 to a diversified asset management firm with over $3 billion under management today. Besecker has been a key investor and provided expertise to a number of early-stage venture capital project. He appears frequently in the national financial media, including The Wall Street Journal, The New York Times and USA Today and has been a regular contributor to CNBC, Fox Business News and Bloomberg. He has received national recognition for his work as an investment analyst, including being named as a Home Run Hitter by Institutional Investor magazine and lecturing at Oxford University. Besecker strongly believes in giving back to the community and has served as a National Trustee and Past President of the Leukemia & Lymphoma Society and as a board member of the Boys and Girls Club (Lancaster, PA). Under his leadership Emerald was named the Corporate Citizen of the Year in 2005 by the Central Pennsylvania Business Journal.

Read More

Joseph G. Witthohn, CFA

VP, Emerald Separate Account Management

Experience: 20 years

Joe Witthohn is Vice President and Portfolio Manager of Emerald Separate Account Management. He has served as portfolio manager for numerous accounts over the course of his career.

Witthohn formerly was part of the Investment Strategy Group for Janney Montgomery Scott. He earned a Master of Science in Finance degree from the Carroll Graduate School of Management at Boston College following his receipt of an MBA from the Whittemore School of Business and Economics at University of New Hampshire. He received his undergraduate degree in Marketing and Management at Philadelphia University. Holding the Chartered Financial Analyst designation, he is a member of the CFA Society of Philadelphia. He is a member of the Founder's Society of Children's Hospital of Philadelphia.

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The only money that Aspiration and our portfolio managers make is what you decide is fair.

When we say that you decide what to pay us, we mean it. There are no minimum or hidden fees to become part of Aspiration. You are free to change how much you pay us as often as you want and at any time – and we will never change that. It's your right to choose the level at which to pay us – and, no matter what you choose, you will have all the same rights as every other Aspiration customer.

It's up to us to demonstrate to you that we deserve to get paid for our work. If you don't think we do, you shouldn't pay us. The question is: why isn't the rest of the financial industry willing to say the same?


We refuse to charge you fees that are in many other mutual funds – fees you may not even know about because you don't see them. And because the Flagship Fund is only available directly to our clients on our platform, we don't have to pay gatekeepers or middle men - costs which otherwise would get passed on to you.

  • No front load fees
  • No back load fees
  • No per transaction fees
  • No performance fees
  • No redemption fees

About Fund Operating Expenses

There are some underlying fees in the fund. We don't see a penny of these. They do not go to us, but to third parties. Many mutual funds have some of these types of fees. They often put it in the fine print – we tell you up front.

Some are the fees charged by the funds that make up the Flagship Fund – we work to hold these down by obtaining institutional share classes they usually give to large institutions.

We also cap the annual operating expenses you pay to third parties at ½ of 1 percent of your assets – and make up expenses over that ourselves (except for traditional exceptions).

You invest for the long term. But you live in the present. Your investments should be there for you when you need the money.

Your investment portfolio is not just something that lives on a chart on your computer screen. It is the way you reach your goals for yourself and your family: college, home, retirement, rainy days. There are never any guarantees in investing. But the mission of the Aspiration Flagship Fund is to generate the returns you need to reach your goals while minimizing the drops along the way.

Summary

as of

Ticker ASPFX
NAV
Category Multialternative
Open to new investors Yes
Account minimum $500.00
Reinvestment minimum $1.00

Risks Disclosure

An investment in the Fund is subject to investment risks, including the possible loss of some or the entire principal amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. Investment in the Fund is also subject to the following risks: Correlation Risk, Investment Company Risk, Allocation Risk, Underlying Fund Concentration, Leveraging, Convertible Securities Risk, Business Development Company (BDC) Risk, High Yield Risk, Liquidity Risk, Market Risk, Short Sale Risk, Distressed Companies Risk, Alternative Asset Class Risk, Arbitrage Risk, Long/Short Selling Risk, Arbitrage Risk, Derivatives Risk, Natural Resources Risk, Equity Securities, Bond and Other Fixed Income Securities, Management Risk, ETFs, Commodities Risk & New Fund Risk. More information about these risks can be found in the Fund's prospectus.

Prospectus Offer

An investor should consider the investment objectives, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at the above link or by calling Shareholder Services at 800-683-8529. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk.

Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Aspiration Fund Adviser, LLC is the adviser to the Aspiration Flagship Fund, which is distributed by Capital Investment Group, Inc., Member FINRA/SIPC, 100 E. Six Forks Road, Suite 200, Raleigh, North Carolina 27609, (800) 773-3863. There is no affiliation between Aspiration Fund Adviser, LLC, including its principals, and Capital Investment Group, Inc.