Stable Value Objective A Stable Value fund is a type of separately managed account or commingled trust investing in high quality, short to intermediate-term fixed income securities presenting minimal interest rate and credit risk. Unique accounting features allow for loss amortization over a period of time, allowing management to invest in longer-term fixed income assets while mitigating risk. Stable Value funds are generally structured to maintain a $1.00/share NAV. Possible Performance Benchmark(s) Hueler Stable Index or benchmark that most appropriately reflects the manager style within this particular asset class Typical Investor Profile Investors who seek to preserve principal and produce income. Investors who are currently evaluating investment options before determining their appropriate asset allocation. Investors moving to more conservative investments in anticipation of retirement. Investment Strategy A Stable Value fund is a type of separately managed account or commingled trust investing in high quality, short to intermediate-term fixed income securities presenting minimal interest rate and credit risk. Investment Selection Guidelines Multiple criteria, both quantitative and qualitative, may be used in selecting a stable value fund. Such quantitative criteria may include, but are not limited to Crediting Rate/Yield, Market to Book Ratio, Average Credit Quality of Portfolio, Wrap provider insurer diversification, average duration of securities in the portfolio, and Sector Allocations. Qualitative criteria may include, but not limited to Management team composition and tenure, and Management firm experience and stability. MONEY MARKET FUNDS Objective Money Market Funds seek to provide preservation of capital, liquidity, and a level of current income consistent with the other objectives.
Stable Value Objective A Stable Value fund is a type of separately managed account or commingled trust investing in high quality, short to intermediate-term fixed income securities presenting minimal interest rate and credit risk. Unique accounting features allow for loss amortization over a period of time, allowing management to invest in longer-term fixed income assets while mitigating risk. Stable Value funds are generally structured to maintain a $1.00/share NAV. Possible Performance Benchmark(s) Hueler Stable Index or benchmark that most appropriately reflects the manager style within this particular asset class Typical Investor Profile Investors who seek to preserve principal and produce income. Investors who are currently evaluating investment options before determining their appropriate asset allocation. Investors moving to more conservative investments in anticipation of retirement. Investment Strategy A Stable Value fund is a type of separately managed account or commingled trust investing in high quality, short to intermediate-term fixed income securities presenting minimal interest rate and credit risk. Investment Selection Guidelines Multiple criteria, both quantitative and qualitative, may be used in selecting a stable value fund. Such quantitative criteria may include, but are not limited to Crediting Rate/Yield, Market to Book Ratio, Average Credit Quality of Portfolio, Wrap provider insurer diversification, average duration of securities in the portfolio, and Sector Allocations. Qualitative criteria may include, but not limited to Management team composition and tenure, and Management firm experience and stability. MONEY MARKET FUNDS Objective Money Market Funds seek to provide preservation of capital, liquidity, and a level of current income consistent with the other objectives.
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