•  >  Fixed Income Approach: Taxable Strategies

  • CashPlus Low Duration Fixed Income Intermediate Fixed Income Intermediate Government Core Fixed Income Core Government

    CashPlus Objectives - The strategy seeks to outperform the 90-Day US Treasury Bill by up to 50 basis points   on a net-of-fee basis over a 5-year market cycle - Provides a high degree of liquidity with an asset allocation heavily weighted in short-term,   investment-grade fixed income securities - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets   followed by SAC's qualitative and quantitative "bottom-up" approach more > Low Duration Fixed Income Objectives - The strategy seeks to provide a stable income stream, principal protection, and to out-perform   market-weighted inflation on a risk-adjusted total return basis vs. the relevant benchmark. - Provides a high degree of liquidity with an asset allocation heavily weighted in high quality   fixed income securities. - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets   followed by SAC's qualitative and quantitative "bottom-up" approach. more > Intermediate Fixed Income Objectives - The strategy seeks to provide a stable income stream, principal protection, and to out-perform   market-weighted inflation on a risk-adjusted total return basis vs. the relevant benchmark - Provides a high degree of liquidity with an asset allocation heavily weighted in high quality fixed   income securities - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets followed   by SAC's qualitative and quantitative "bottom-up" approach more > Intermediate Government Objectives - The strategy seeks to provide a stable income stream, principal protection, and to out-perform   market-weighted inflation on a risk-adjusted total return basis vs. the relevant benchmark - The strategy is designed for clients whose policies limit them to US Government securities - Provides a high degree of liquidity with an asset allocation heavily weighted in high quality fixed   income securities - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets followed   by SAC's qualitative and quantitative "bottom-up" approach more > Core Fixed Income Objectives - The strategy seeks to provide a stable income stream, principal protection, and to out-perform   market-weighted inflation on a risk-adjusted total return basis vs. the relevant benchmark - Provides a high degree of liquidity with an asset allocation heavily weighted in high quality fixed   income securities - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets followed   by SAC's qualitative and quantitative "bottom-up" approach more > Core Government Objectives - The strategy seeks to provide a stable income stream, principal protection, and to out-perform   market-weighted inflation on a risk-adjusted total return basis vs. the relevant benchmark - The strategy is designed for clients whose policies limit them to US Government securities - Provides a high degree of liquidity with an asset allocation heavily weighted in high quality fixed   income securities - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets followed   by SAC's qualitative and quantitative "bottom-up" approach more >

•  >  Fixed Income Approach: Tax-Exempt Strategies

  • Short Municipal Limited Duration Municipal Core Municipal

    Short Municipal Objectives - The strategy seeks to provide a stable income stream, principal protection, and to out-perform   market-weighted inflation on a risk-adjusted total return basis vs. the relevant benchmark. - Provides a high degree of liquidity with an asset allocation heavily weighted in high quality   fixed income securities. - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets   followed by SAC's qualitative and quantitative "bottom-up" approach. more > Limited Duration Municipal Objectives - The strategy provides after-tax stable income and principal protection on a risk-adjusted   total return basis vs. the relevant composite benchmark. - Provides a high degree of liquidity with an asset allocation weighted in short-term   investment-grade fixed income securities. - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets   followed by SAC's qualitative and quantitative "bottom-up" approach. more > Core Municipal Objectives - The strategy provides after-tax stable income and principal protection. - Provides a high degree of liquidity with an asset allocation weighted in high quality securities. - Asset allocation is driven by a two-tier approach: a "top-down" view of global markets   followed by SAC's qualitative and quantitative "bottom-up" approach. more >

•  >  Equity Approach

  • Enhanced Fixed Income

    Enhanced Fixed Income Objectives - Seeks to provide principal protection and an opportunity for long-term capital   appreciation - Allows investors to diversify their portfolios into high-quality fixed income, international   equities, commodities, and forex of investment opportunities all over the world - By opening up the equity universe of stocks globally, clients may diversify their portfolios   by gaining exposure to companies and industries not represented in the US markets - Provides a high degree of liquidity with an asset allocation heavily weighted in   investment-grade fixed income securities more >

Structual Deficiencies And Exogenous Shocks Hold Long-Term Prospects Hostage
- First Quarter 2013

Financial Repression, Radical Central Bank Actions, More Deleveraging -
- Fourth Quarter 2012