US Long Investment Grade Credit

Investment Objective

Exceed the benchmark by 40-50 basis points annually over the course of a market cycle while targeting a tracking error of 80-100 basis points.

Investment Style

Construct and maintain a diversified portfolio of primarily long-dated investment grade credit bonds. Value can be added through sector rotation, rating allocation, and issuer/issue 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 US Long Investment Grade Credit Assets:
US$2.6 billion (as of December 31, 2017)
Benchmark: Bloomberg Barclays U.S. Long Credit Bond index
Inception Date: 01 Apr 10

Sector Allocation as of December 31, 2017

US Long Investment Grade 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

US Long Investment Grade 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.