The Government Income strategy is designed to generate returns in excess of the Treasury Management strategy, bank deposits, CDs and other money market instruments. It is designed to deliver current interest income while minimizing volatility, and maintaining next-day liquidity, with no credit risk. The return objective is at least 0.5% over the fed funds rate.
Click below to download the Government Income Strategy Fact Sheet.
The Income Advantaged strategy is designed to provide advantaged returns relative to government income securities and maintain a short-term duration profile with high liquidity characteristics while not experiencing credit risk based on internal credit analysis. The return objective is at least 1.5% yield over a 2-year treasury. This strategy is best for investors with at least a 1-3-year investment horizon which represents the expected duration of the strategy.
Click below to download the Income Advantaged Strategy Fact Sheet.
The Inflation Protected strategy seeks a 2.0% yield over CPI and at least 1.0% over the Barclays Bond Index. The strategy seeks to offer intermediate term advantaged returns relative to income securities by using the combination of income securities with credit risk and real assets at good prices. This strategy is best for investors with at least a 4-year investment horizon.
Click below to download the Inflation Protected Strategy Fact Sheet.
The Intrinsic Value Equity strategy is designed to generate long-term compound returns that are above average by owning good businesses at good prices. Stocks represent partial ownership of businesses available for sale in the public markets. Public markets are available to serve investors and not guide investors since prices are far more volatile and erratic than underlying businesses’ intrinsic value. This strategy is best for investors with at least a 5-year investment horizon.
Click below to download the Intrinsic Value Equity Strategy Fact Sheet.
The Global Equity strategy objective is to generate long-term compound returns that are higher than bonds by using good, low-cost indexes. Since stocks represent partial ownership of businesses, the long-term expectation for returns will be superior than returns obtained from lenders. Indexes represent a “bet” on GDP growth and the continuation of earnings being generated for owners at level commensurate with GDP growth. Indexes represent “average” performance without added costs and given the desire for global diversification, the strategy will have meaningful allocation to international companies and indexes. Since indexes are priced in public markets, their prices are far more volatile and erratic than underlying business intrinsic value. There may be extended periods where prices materially exceed underlying earnings for years or decades. The strategy is best for investors with at least a 5-year investment horizon.
Click below to download the Global Equity Strategy Fact Sheet.
