Active Portfolio Management

Adding Value Through Our 5 Step Analytic Process

Duration and Maturity Management

     – Seeking the optimal portfolio structure through:

− Global economic outlook

− Interest-rate analysis

− Technical trend analysis

Yield Curve Analysis

− Determine how securities can best be distributed across the range of maturities

Structure Analysis

− Identify undervalued securities with alternative structures

Sector Allocation

− Identify sectors with greatest return potential

− Employ multiple sectors for greater diversification

Security Credit Selection

− Select securities based on credit quality and relative valuation