Multi-Asset Credit

Investment Objective

Maximize return consistent with the current market environment and outperform the broad market over the course of a market cycle.

Investment Style

Construct a diversified portfolio of global high income securities, including investment-grade credit, non-dollar, high yield, bank loan, emerging markets, and structured securities. We seek to add value through sector rotation, yield curve positioning, issue selection, duration management, country selection, and currency positioning.

Investment Vehicles

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

Performance as of September 30, 2017

The Multi-Asset Credit 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 Multi-Asset Credit Assets:
US$4.6 billion (as of June 30, 2017)
Benchmark: No Benchmark*
Inception Date: 01 Oct 10

Sector Allocation as of June 30, 2017

Multi-Asset Credit | Sector Allocation as of June 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 June 30, 2017

Multi-Asset Credit | Portfolio Characteristics as of June 30, 2017
Past performance is not indicative of future investment results, the value of any investment can fall as well as rise.
* The Multi-Asset Credit Composite is not measured against a benchmark. There is no benchmark available which appropriately reflects the strategy.