Asset-Backed Securities. ABS investments should generally be rated AA or AAA by one of the major rating agencies. No more than 15% of ABS holdings can be rated below AA. All ABS's must have an investment grade rating.
Appears in 2 contracts
Samples: Investment Management Agreement (Americo Life Inc), Investment Management Agreement (Americo Life Inc)
Asset-Backed Securities. ABS investments should generally be rated AA or AAA by one of the major rating agencies. No more than 1520% of ABS holdings can be rated below AA. All ABS's must have an investment grade rating.Expected Target Range Allocation AAA 80-100% 100% AA 0-20 __
Appears in 1 contract
Samples: Automatic Coinsurance Reinsurance Agreement (Americo Life Inc)
Asset-Backed Securities. ABS investments should generally be rated AA or AAA by one of the major rating agencies. No more than 1520% of ABS holdings can be rated below AA. All ABS's must have an investment grade rating.Expected Target Range Allocation ----- ---------- AAA 80-100% 100% AA 0-20 --
Appears in 1 contract
Samples: Automatic Coinsurance Reinsurance Agreement (Americo Life Inc)
