Asset Categories Sample Clauses

Asset Categories. The Portfolio Manager will have full discretion subject to compliance with all applicable LNL policies, Risk Management Committee guidelines, and reinsurance treaty limitations to invest and reinvest the funds in assets in a manner necessary to achieve the investment objective. Such assets may include, but are not limited to, cash and cash equivalents; U.S. and foreign Government obligations; public, U.S. and foreign corporate fixed income securities; private placements (including Rule 144A securities); structured products (i.e., ABS, MBS, CMBS, etc.); and mortgage loans; and derivative instruments. All purchases are subject to the limitations imposed in this investment policy. Exposure limits are based on the GAAP book value of invested assets. Asset Categories Maximum % of Invested Assets Cash and Cash Equivalents [REDACTED] U.S. Treasury/Agency Securities [REDACTED] Public Corporate Bonds (including 144 securities) [REDACTED] Derivative Instruments [REDACTED] Less Liquid Investments Traditional Private Placements [REDACTED] Commercial Mortgage Loans [REDACTED] Real Estate (including real estate contingent Acquisition program) [REDACTED] Total Less Liquid Investments [REDACTED] Asset Backed Securities Agency Residential Mortgage Backed Securities [REDACTED] Non-Agency Residential Mortgage Backed Securities [REDACTED] Commercial Mortgage Backed Securities [REDACTED] Total Asset Backed Securities** [REDACTED] * Includes Residential Whole Loans ** Includes other asset backed securities Foreign Investments Investments in Developing Countries [REDACTED] Total Foreign Investments*** [REDACTED] *** For further details see the LNL Statement of Investment Policy for Foreign Investments. Foreign risk is defined by the “underlying sovereign” referring to the actual sovereign exposure inherent in the security (i.e .the “country of risk”). LNL will not purchase securities with less-than investment grade credit quality ratings when such ratings are lower than the long term foreign currency ratings of the underlying sovereign. Equity Related Securities: Common stock [REDACTED] Preferred stock [REDACTED] Mutual Funds [REDACTED] Total Equity-Related Securities [REDACTED] Diversification: Per Industry [REDACTED] Per Non-Government Issuer [REDACTED] Below Investment Grade Securities NAIC Grade 3-4-5-6 [REDACTED] NAIC Grade 4-5-6 [REDACTED] NAIC Grade 5-6 [REDACTED]
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Asset Categories. The Portfolio Manager will have full discretion subject to compliance with all applicable LNL policies, Risk Management Committee guidelines, and reinsurance treaty limitations to invest and reinvest the funds in assets in a manner necessary to achieve the investment objective. Such assets may include, but are not limited to, cash and cash equivalents; U.S. and foreign Government obligations; public, U.S. and foreign corporate fixed income securities; private placements (including Rule 144A securities); structured products (i.e., ABS, MBS, CMBS, etc.); mortgage loans; and derivative instruments. All purchases are subject to the limitations imposed in this investment policy. Exposure limits are based on the market value of invested assets as of the most recent statutory financial statement. MAXIMUM % OF ASSETS Cash and Cash Equivalents 100% U.S. Treasury/Agency Securities 100% Public Corporate Bonds (including 144 securities) 100% Derivative Instruments 100% LESS LIQUID INVESTMENTS Traditional Private Placements 20% Commercial Mortgage Loans 20% Real Estate 0% Total Less Liquid Investments 35% ASSET BACKED SECURITIES Agency Residential Mortgage Backed Securities 100% Non-Agency Residential Mortgage Backed Securities 10% Commercial Mortgage Backed Securities 10% Total Asset Backed Securities 100% FOREIGN INVESTMENTS Investments in Developing Countries 5% Total Foreign Investments* 25%* * Excludes ownership of subsidiaries and securities issued or guaranteed by a Canadian governmental unit or business entity EQUITY RELATED SECURITIES: Common stock 0% Preferred stock 0% Total Equity-Related Securities 0% 28
Sample 1
Asset Categories. As of the Commencement Date, the categories which shall apply to the Assets are as follows: Category Basis of consent to transfer Assets within category Category 1 Eligible Investment Asset Proceeds Reclaim Fund's consent provided pursuant to clause 1.4 of Part B [TBC] Category 2 Eligible Investment Asset Proceeds Reclaim Fund's prior consent is required pursuant to clause 1.6 of Part B [TBC] Category 3 Eligible Investment Asset Proceeds Reclaim Fund's prior consent is required pursuant to clause 1.6 of Part B [TBC]
Sample 1

Related to Asset Categories

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