Seeks to provide attractive current income and the potential for income to grow over time primarily through investments in equity securities, with fixed income instruments used to supplement income and dampen portfolio volatility. The portfolio’s 5-7-year investment horizon typically results in a balanced investment strategy, with upside opportunities in higher risk assets somewhat muted by risk reducing, lower volatility investments.
The portfolio is constructed by our asset allocation, security selection, and risk management processes. The portfolio will seek attractive income and income growth opportunities across multiple asset classes, including international equity securities (both developed and emerging market), but the higher volatility of these asset classes may restrict their weighting in the portfolio. The 5-7-year horizon of this portfolio indicates that short term asset protection may sometimes need to be emphasized, even at the risk of reducing long term appreciation potential.