Global Multi-Sector

Investment Objective

Maximize total return from income and capital appreciation within a volatility target of 5%-7%.

Investment Style

Construct a strategic multi-sector portfolio by investing in global fixed-income markets and currencies. Primarily, these are mortgage- and asset-backed securities, high-yield corporate securities, investment-grade corporate securities and emerging market securities. Value can be added by active sector selection and by security selection. Portfolio risk is controlled through broad diversification across markets and sectors.

Investment Vehicles

Separate Account: Contact your Client Service Executive or call 1-626-844-9400
Commingled Vehicle Available

Performance as of September 30, 2017

The Global Multi-Sector Composite is not measured against a benchmark. There is no benchmark available which appropriately reflects the strategy of this Composite.

Returns for periods greater than one year are annualized. Please see the Performance Disclosure for more information.

Snapshot

Strategy AUM: Total Global Multi-Sector Assets:
US$2.8 billion (as of September 30, 2017)
Benchmark: No Benchmark*
Inception Date: 01 Nov 96

Sector Allocation as of September 30, 2017

Global Multi-Sector | Sector Allocation as of September 30, 2017
Note: Sector allocation includes look-through to any underlying commingled vehicles if held. All weightings are a percentage of total market value. A negative cash position may be reported, which is primarily due to the portfolio's unsettled trade activity. Data may not sum to 100% due to rounding.

Portfolio Characteristics as of September 30, 2017

Global Multi-Sector | Portfolio Characteristics as of September 30, 2017
IMPORTANT INFORMATION: All investments involve risk including loss of principal. Past performance is not indicative of future investment results. This information is only for use by professional clients, eligible counterparties or qualified investors. It is not aimed at, or for use by, retail clients.
* The Global Multi-Sector Strategy is not measured against a benchmark. There is no benchmark available which appropriately reflects the strategy.
** Represented by Global Multi-Sector (USD Unhedged) Composite.