Balanced PLUS

 Portfolio Characteristics: 

The portfolio is mostly comprised of US and foreign equities, corporate and government bonds and inflation-protected securities. Portfolio allocations are adjusted to reflect favorable or unfavorable conditions relative to global equity markets. This is accomplished by shifting away from equities in certain environments thereby increasing exposure to bonds or other asset classes in an attempt to protect against downside volatility.

 Objectives: 

The Balanced Plus strategy seeks to achieve both capital appreciation and capital preservation. The strategy uses the traditional 60% stocks / 40% bonds as a soft benchmark and seeks to outperform on a risk-adjusted basis over longer holding periods.