The strategy, managed by a team with deep experience investing together through multiple market cycles, utilizes the full breadth of the firm’s fundamental research capabilities to identify companies across the market cap spectrum in order to exploit inefficiencies resulting in a differentiated portfolio.
Seeks to outperform the Bloomberg Barclays U.S. Treasury STRIPS 20+ Index over a full market cycle.
We believe that by using our proprietary total return models we can take advantage of pricing anomalies in the long-dated STRIPS market while staying duration-neutral to the benchmark. By investing in undervalued securities with above-average total return potential, the strategy is well positioned to generate above-average returns over the longterm, while minimizing volatility, and therefore, downside risk. We seek to preserve the natural advantage of STRIPS and to promote stability of the asset class.
* Most recent quarter returns are not annualized. Past performance does not guarantee future results and there is no assurance that the Strategy will achieve its investment objective.