What is the USAA Global Opportunities Portfolio?
USAA GLOBAL OPPORTUNITIES PORTFOLIO Managed by our seasoned experts Portfolio is primarily invested in the USAA Global Opportunities Fund The Fund may use innovative risk management strategies Management fees are 40% lower than the industry average The product is for people who would like to have exposure to the stock market on a long term-basis, because generally it does well on a long-term basis. However, they would like to have some kind of protection on the downside in those short term periods where volatility picks up. And a big example is 2002. And so anybody exposed to stocks during that time would have had a pretty difficult timeframe. GRAPHIC Why is it important to guard against market downturns? When you compare the peak of the internet bubble in the market and all the way down to the trough in 2002, the market roughly halved in its value. GRAPHIC How do you control risk and provide growth potential? What we did was we created a portfolio of funds — so you have a big portfoli