“SHORT DURATION”
The “Short Duration” management product is an actively managed fixed income strategy designed for investors seeking to improve the return provided by money market vehicles and short-term time deposits while preserving principal. The management team employs the use of short duration investment grade fixed income securities, generally with durations between one and three years. Corporate and/or U.S. agency notes are used heavily to add value while maintaining an overall volatility level similar to the benchmark.
The “Short Duration” management strategy is often used to enhance the investment performance of excess operating funds, short-term working capital accounts, insurance reserves, capital projects, etc.
The fixed income management team at WCB seeks to add value to a portfolio through multiple management tools and tactics including:
• Proprietary Credit Research
• Maximization of Corporate Bond Spreads and/or U.S. Agencies over
Treasuries
• Yield Curve Management
• Volatility Analysis
• Duration Management
Each portfolio is customized and managed separately and in accordance with the investment policies and guidelines as determined by the client.