Portfolios

Portfolios

Our Specialty Portfolios are narrowly focused to achieve specific investment goals. Place cursor on each portfolio below for more information.

  • short term reserve
     

    Short-Term Reserve

    This portfolio will consist of a variety of mutual funds and will be weighted heavily towards funds that employ absolute return and tax-exempt fixed income strategies.

     
  • absolute return
     

    Absolute Return

    This is a conservative portfolio that is weighted toward hedge fund-like strategies, unique equity and fixed income strategies and consistent return strategies. The goal is to create a portfolio that will have relatively low correlation to both stock and bond markets.

     
  • income
     

    Income

    This is a conservative portfolio that is weighted toward absolute return and fixed income strategies, but has modest exposure to equities. The portfolio has a secondary objective of providing dividend and interest income.

     
  • absolute return plus
     

    Absolute Return Plus

    This is a moderate portfolio that includes hedge fund-like strategies, unique equity and fixed income strategies and consistent return strategies and may shift between being broadly diversified among different types of investments to being more highly concentrated.

     
  • focused opporunities
     

    Focused Opportunities

    This is an aggressive portfolio that may shift between being broadly diversified among different types of investments to being concentrated in one or a few asset classes.

     
  • global opportunities
     

    Global Opportunities

    This is an aggressive portfolio that has a high level of equity exposure with emphasis on small cap, international and emerging markets stocks.

     

 

Performance Objectives

 

Portfolio Long Term Return Objective Expected Range of Annual Returns Benchmark Expected Risk Level
Short-Term Reserve  5%  0 to 10%  BarCap Municipal 3Yr  BarCap Municipal 3Yr
Absolute Return 7% -1% to +15% HFRX Abs Return Index BarCap US Agg Bond
Income 7% -5% to +19% 40% S&P 500 + 60% T-Bills 40% S&P 500
Absolute Return Plus 9% -9% to +27% 50% S&P 500 + 50% HFRX Abs Ret Index 60% of S&P 500
Global Opportunities 11% -25% to +47% MSCI World Index 120% of S&P 500
Focused Opportunities 12% -20% to +40% S&P 500 S&P 500