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Strategies for Separately Managed Accounts

 

SHORT DURATION STRATEGIES & OBJECTIVES

 


 

SHORT TERM INVESTMENT STRATEGY (STIF)

  • Provide daily liquidity with a focus on principal preservation
  • Excess income over 2a-7 funds
  • Minimal duration risk
  • Top tier credit profile

Duration Range

Minimum Issuer
Credit Quality

Liquidity

0 — 90 Days

A3, P-11

Very High

 


 

ENHANCED CASH

  • Provide daily liquidity with a focus on principal preservation
  • Excess income over money markets
  • Minimal duration risk
  • Top tier credit profile

Duration Range

Minimum Issuer
Credit Quality

Liquidity

0.25 — 0.75 Years

Baa3, P-1

High

 


 

ULTRA SHORT GOVERNMENT/CREDIT

  • Provide moderate daily liquidity with a focus on principal preservation
  • Excess income over money markets
  • Active sector allocation
  • Limited duration risk

Duration Range

Minimum Issuer
Credit Quality

Liquidity

0.65 — 1.35 Years

Baa3, P-1

High

 


 

US CORE 1-3 GOVERNMENT/CREDIT

  • Provide moderate daily liquidity with a focus on principal preservation
  • Excess income over money markets
  • Active sector allocation
  • Limited duration risk

Duration Range

Minimum Issuer
Credit Quality

Liquidity

1.25 — 2.25 Years

Baa3, P-2

Moderate

1 Based on security ratings provided by S&P® 500, Moody’s and/or Fitch.

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MIC-269089-2022-05-05