US Core Full Discretion

Investment Objective

Exceed the benchmark return by 150 basis points annually over the course of a market cycle while approximating benchmark risk.

Investment Style

Construct a portfolio using all major fixed income sectors with a bias towards non-Treasuries. This strategy allows for opportunistic investments in high-yield, emerging markets and non-dollar securities. Value can be added through sector rotation, yield curve positioning, issue selection and duration management.

Investment Vehicles

Separate Account: Contact your CSE or call 1-626-844-9400
Commingled Vehicle Available

Performance as of March 31, 2017

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

Historical Performance: By Calendar Year

Log in to view this information.


Strategy AUM: Total US Core Full Discretion Assets:
US$59.7 billion (as of March 31, 2017)
Benchmark: Bloomberg Barclays U.S. Aggregate Bond Index
Inception Date: 01 Feb 93
Fees: Log in to view this information.

Sector Allocation

Log in to view this information.

Portfolio Characteristics

Log in to view this information.

Product Commentary

Log in to view this information.
Past performance is not indicative of future investment results, the value of any investment can fall as well as rise.
¹ Notional market value represents derivatives notional market value excluding interbank derivatives.