Global Credit

Investment Objective

Exceed the benchmark by 75-100 basis points annually over the course of a market cycle while approximating benchmark risk.

Investment Style

Construct an investment-grade portfolio that emphasizes corporate bonds. Value can be added through sector rotation and issue/issuer selection.

Investment Vehicles

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

Performance as of December 31, 2017

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

Snapshot

Strategy AUM: Total Global Credit Assets:
US$3.1 billion (as of December 31, 2017)
Benchmark: Bloomberg Barclays Global Aggregate Credit Bond Index (USD Hedged)
Inception Date: 01 Aug 06

Sector Allocation as of December 31, 2017

Global Credit | Sector Allocation as of December 31, 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 December 31, 2017

Global Credit | Portfolio Characteristics as of December 31, 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.
** Previously referenced as the Global Corporate (USD Hedged) Composite.