Our Balanced strategy is a blended portfolio of an equity strategy (Large Cap Value or Special Equity) and fixed income investments, which are based on our Core Fixed Income strategy.*

The portfolio is built upon three disciplines: asset allocation; opportunistic value-oriented stock selection within the specific equity strategy discipline and high-quality fixed income management. Asset allocation is determined by relative valuations of equities and fixed income instruments based upon long-term expected returns of these asset classes. Generally, equities range from 50-70% of the portfolio.

Fixed income investments are invested with an all sector strategy that seeks to enhance returns predominantly by investing in under valued sectors/securities. The fixed income portion of the portfolio targets its duration to be within +/- 15% of the index.

Our research team performs extensive bottom-up research on companies and industries focusing on qualitative factors such as restructuring, management strength, shareholder orientation and the ability to capitalize on improving industry fundamentals.