Investment Objective
To deliver attractive risk-adjusted returns by constructing diversified portfolios that have the potential to provide price stability during periods of interest rate volatility.
Key Tenets of Our Approach
Integration of quantitative and fundamental analysis at the sector, issuer and individual security levels
Focus on diversification, liquidity, credit quality and minimizing potential risk
Universe
- Domestic investment grade market from 3 months out to five years maturity
- Typically US Treasury, Agency and corporate securities with maturities ranging from 3 months maturities out to 5 years maturities
Benchmark
- The ICE BofA 1 to 3 Year Govt/Agency Index
Operating Target
- Typically 20-60 holdings
- All main sectors of benchmark represented
- Short corporates to enhance yield when appropriate
Limiting Exposure
- Single A Rated securities and above at time of purchase
- No more than 10 percent of outstanding corporate issuer
- Focus on larger, liquid benchmark securities
The ICE BofA 1 to 3 Year Govt/Agency Index total return comprises price appreciation/depreciation and income as a percentage of the original investment. The Index is market value weighted and is designed to measure the performance of U.S. dollar-denominated, fixed rate securities with minimum term to maturity greater than one year and less than or equal to three years. The Index is unmanaged.
One cannot invest directly in an index.
This website is for informational purposes only. GIM products are actively managed and their characteristics will vary. All investment has risk, including the risk of loss of principal. There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful. An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.