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Intermediate Government Credit
Product Description
An actively-managed portfolio of investment grade fixed income securities, with exposure to the major sectors of the U.S. fixed income market including Treasuries, investment grade corporates, asset-backeds, and inflation-indexed securities. Portfolio duration is typically in line with the benchmark.
Objective
Seeks to outperform the Barclays Capital Intermediate Government/Credit
or equivalent index by approximately 40 basis points over full market
cycles, with a tracking error of approximately 80 basis points.
| Target Return: |
Exceed the benchmark by 40 basis points, measured
over a 3 year period |
Projected Tracking
Error: |
80 basis points |
Benchmark: |
Barclays Capial Intermediate Government/Credit Bond Index
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Average Credit Qualtiy: |
AA+ |
Duration: |
3.74 years |
Risk Management
Portfolio risk is systematically measured and budgeted
across all portfolio decisions (credit, yield curve, duration, liquidity,
etc.) based on our forecast confidence, return and risk expectations
and experience. No single decision dominates the contribution to
risk or return.
Factsheet
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Contact
us for more information |
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