“CORE INTERMEDIATE”
The “Core Intermediate” duration management product is a strategy designed to maximize total return (current income and price appreciation) primarily through the opportunistic use of both U.S. Government Agency debt instruments and investment grade corporate notes. WCB seeks to provide excess returns relative to the client’s intermediate benchmark while maintaining an overall risk level similar to that benchmark with moderate duration variances.
This strategy generally has a duration range of 2 to 5 years and since its inception has offered superior risk / return characteristics versus the U. S. bond market as a whole as measured by the Lehman Brothers 1-5 Year Government / Credit and the Lehman Brothers Intermediate Government / Credit indices.
The fixed income management team at WCB seeks to add value to a portfolio through multiple management tools and tactics including:
• Proprietary Credit Research
• Volatility Analysis
• Maximization of Corporate Bond Spreads over Treasuries
• Yield Curve Management
• Duration Management
Each portfolio is customized and managed separately and in accordance with the investment policies and guidelines as determined by the client.