our SERVICES
Core Plus
- Investment Objective
- The investment objective of this strategy is to provide excess investment returns relative to the Lehman Brothers U.S. Aggregate Bond Index. The portfolio is predominately invested in high quality U.S. Treasury, Agency, corporate, asset-backed and foreign debt obligations. The duration of the portfolio is actively managed within a conservative range (+/-25%) compared to that of the Lehman Aggregate Bond Index and sector weightings are the result of the firm's security selection and portfolio construction process.
- The portfolio may be invested up to 30%, determined at the time of purchase, in investment alternatives such as High Yield Corporate Security ETFs, US$ Emerging Market Sovereign Bonds, and Major Foreign Currency ETFs.
- A minimum of 70% of portfolio investments are rated investment grade by a nationally recognized rating agency. The minimum average credit quality of the portfolio is Baa/BBB.
- Instruments
- U.S. Treasury Securities
- U.S. Agency Securities
- Investment Grade Asset Backed Securities
- Investment Grade Credit Securities
- iShares Lehman MBS Securities or ETFs
- SPDR Lehman Int'l Treasury Bond ETFs
- iBoxx $ High Yield Corporate ETFs
- US $ EM Sovereign Bonds or ETFs
- Foreign Currency ETFs
- Benchmark
- Barclays Capital Aggregate Bond Market Index
