Seeks to provide the potential for long-term total returns by taking advantage of its relatively long, 7-10 year investment horizon to identify asset classes that are attractive on a long-term basis.
The portfolio’s 7-10-year investment horizon typically results in an investment strategy concentrated in equity investments, including US and international equity securities (both developed and emerging market), since these investments typically provide the opportunity for long-term total returns. Equity investments will typically be supplemented by a modest allocation to fixed income investments to diversify some of the portfolio’s equity investment risks. The portfolio is constructed by our asset allocation, security selection, and risk management processes.
All investments in securities, including this portfolio, include a risk of loss of principal (invested amount) and any profits that have not been realized. Performance of any investment is not guaranteed. Markets fluctuate substantially over time, and have experienced increased volatility in recent years due to global and domestic economic events. Fixed income securities also carry inflation risk, liquidity risk, call risk and credit and default risks for both issuers and counterparties. In a rising interest rate environment, the value of fixed-income securities generally declines. Diversification does not guarantee a profit or protect against a loss. Investments in international and emerging markets securities include exposure to risks such as currency fluctuations, foreign taxes and regulations, and the potential for illiquid markets and political instability. Please see the end of this page for more disclosures.