Western Asset
Description
Western Asset's US Enhanced Liquidity composite includes portfolios that employ an active, team-managed strategy and utilize a top-down economic and interest rate outlook, combined with a bottom-up security selection process.
Objective
Seeks to achieve returns in excess of the 3-month LIBOR annually over time.
Approach
Construct a portfolio using money market securities and short duration assets including primarily corporate notes, corporate paper, asset-backed securities, U.S. Agency paper and bank obligations. Value can be added through yield curve management, sector allocation and security selection.
Snapshot
Benchmark:
67% Citigroup 3-Month T-Bill Index 33% Lehman Brothers 1-3 Year Government Bond Index
Constraints:
Duration Exposure: Less than 1 year
Assets Under Management:
Total US Enhanced Liquidity Assets: US$3.4 billion
Inception Date:
January 01, 1994
How to Invest
Please contact your Client Service Executive or call our main number.
Invest Through Other Vehicles
Institutional Fund