Investment Strategies. The Advisor will seek to achieve the investment objectives of the Trust by pursuing strategies generally known as “relative value strategies” that utilize quantitative methodologies to identify potentially profitable discrepancies in the relative values or market prices of one or more assets and seek to control the risks and volatility of these investments by taking long and/or short positions in historically correlated assets, it being understood that the Advisor will have discretion in the determination of which particular strategies fall within the category of “relative value strategies”.
Investment Strategies. It will, and will cause each of the Guarantors to, comply in all material respects with the Investment Strategies.
Investment Strategies. (If using two or more strategies please note which percentage for each)
Investment Strategies. E.5.1 The success of the investment strategies depends upon the ability to interpret correctly market data. Any factor which would make it more difficult to execute timely trades, such as a significant lessening of liquidity in a particular market would also be detrimental to profitability. As the strategies may be modified and altered from time to time, it is possible that the strategies used in the future may be different from those presently in use. No assurance can be given that the strategies used or to be used will be successful under all or any market conditions.
Investment Strategies. Each Target Risk Investment Option pursues its investment objective by investing in certain underlying mutual funds. All but one of the underlying mutual funds are considered “index funds,” meaning that they are designed to track a benchmark index. The other underlying mutual fund is an actively-managed fund. The extent to which each Target Risk Investment Option seeks to allocate its assets (by percentage) to the underlying mutual funds is set forth in the table below. The table below also sets forth the extent to which the Moderate Portfolio and Conservative Portfolio seeks to allocate their assets (by percentage) to the Funding Agreement. TIAA- CREF Equity Index Fund (TIEIX) TIAA-CREF International Equity Index Fund (TCIEX) TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) TIAA- CREF Bond Index Fund (TBIIX) TIAA-CREF Inflation- Linked Bond Fund (TIILX) TIAA-CREF Life Funding Agreement Conservative Portfolio 14.00% 4.50% 1.50% 44.00% 11.00% 25.00% Moderate Portfolio 35.00% 11.25% 3.75% 36.00% 9.00% 5.00% Aggressive Growth Portfolio 56.00% 18.00% 6.00% 16.00% 4.00% 0.00% Due to having the highest percentage allocation of assets to equity markets, the Aggressive Growth Portfolio may have greater potential for returns than the other Target Risk Investment Options, but it may also have the greatest risk of loss. Due to having the highest percentage allocation of assets to bond markets and the Funding Agreement, the Conservative Portfolio may have less potential for returns than the other Target Risk Investment Options, but it may also have the least risk of loss. Given its allocations to the equity markets, the bond markets, and the Funding Agreement relative to the other Target Risk Investment Options, the Moderate Portfolio may have (i) less potential for returns and risk of loss than the Aggressive Growth Portfolio and (ii) greater potential for returns and risk of loss than the Conservative Portfolio. The table above reflects the target asset allocations of the Target Risk Investment Options. Due to investment performance and other factors, the Target Risk Investment Options’ actual allocations among the underlying mutual funds (and the Funding Agreement with respect to the Moderate Portfolio and Conservative Portfolio) will fluctuate. The Program Manager will rebalance the Target Risk Investment Options’ allocations from time-to-time based on their target asset allocations. As reflected in their target asset allocations, to varying degrees, the Targe...
Investment Strategies. We use the following strategy(ies) in managing client accounts, provided that such strategy(ies) are appropriate to the needs of the client and consistent with the client's investment objectives, risk tolerance, and time horizons, among other considerations: We purchase securities with the idea of holding them in the client's account for a year or longer. Typically we employ this strategy when: • We believe the securities to be currently undervalued, and/or • We want exposure to a particular asset class over time, regardless of the current projection for this class. A risk in a long-term purchase strategy is that by holding the security for this length of time, we may not take advantage of short-term gains that could be profitable to a client. Moreover, if our predictions are incorrect, a security may decline sharply in value before we make the decision to sell. When utilizing this strategy, we purchase securities with the idea of selling them within a relatively short time (typically a year or less). We do this in an attempt to take advantage of conditions that we believe will soon result in a price swing in the securities we purchase. A short-term purchase strategy poses risks should the anticipated price swing not materialize; we are then left with the option of having a long-term investment in a security that was designed to be a short- term purchase, or potentially taking a loss. In addition, this strategy involves more frequent trading than does a longer-term strategy, and will result in increased brokerage and other transaction-related costs, as well as less favorable tax treatment of short-term capital gains.
Investment Strategies. The Partnership will employ a variety of investment strategies to take advantage of profitable opportunities in the capital markets. Strategies that may be used by the General Partner include:
(a) investment in securities that the General Partner believes offer high return opportunities and that may be higher risk in nature, issued by any issuer, whether private or public, that is
(i) applying innovative science and applications, including, but not limited to, technology services, application software, networking and media equipment, hardware technology, peripherals, specialized systems, material science and semiconductors, and
(ii) engaged in diverse industries, including, but not limited to, clean energy (solar, wind, geothermal), oil and gas, energy, agriculture, finance, heavy industry, distribution, broadcast/media and high technology applications;
(b) selling short securities;
(c) investing in risk arbitrage opportunities whereby the Partnership will invest in and trade in equity securities or convertible securities of entities which are the object of take-over bids, amalgamation, recapitalization, restructuring or other corporate reorganizations; and The General Partner may in its discretion use all, one or any combination of the above strategies depending on market conditions.
Investment Strategies. The City's basic investment strategy for all financial assets is to preserve principal. In order to achieve that objective, the City shall invest in instruments with limited credit risk and invest in maturities that do not exceed anticipated cash flow requirements. The objective of liquidity stems from the need of the City to maintain available cash balances sufficient to cover financial outlays. Since the timing and amount of some financial disbursements are not predictable, fund-type strategies shall adjust for the certainty of projected cash flows. The City shall maintain a “buy and hold” portfolio strategy. Investments shall not be sold or redeemed prior to maturity with the following exceptions:
(1) An investment with declining credit may be sold or redeemed early to minimize loss of principal,
(2) A security swap that would improve the quality, yield or target maturity in the portfolio,
(3) If market conditions present an opportunity for the City to benefit from the sale, or
(4) Liquidity needs of the portfolio require that the investment be sold or redeemed. It is also the policy of the City to diversify its investment portfolios. Whenever practical and appropriate, assets held in the investment portfolio shall be diversified to minimize the risk of loss resulting from one concentration of assets in a specific maturity, a specific issuer, or a specific class of investment. City funds shall seek to achieve a competitive yield appropriate for each fund-type. A comparably structured treasury security portfolio shall represent the minimum yield objective. Yield objectives shall at all times be subordinate to the objectives of safety and liquidity.
(a) GENERAL, ENTERPRISE OR OPERATING-TYPE FUNDS
i. Suitability – Any investment eligible in the Investment Policy is suitable for General, Enterprise, or Operating-type funds.
ii. Safety of Principal – All investments shall be of high quality with no perceived default risk. Market price fluctuations will occur. However, managing the weighted average days to maturity of each fund’s portfolio to less than 270 days and restricting the maximum allowable maturity to two years will minimize the price volatility of the portfolio.
iii. Liquidity – General, Enterprise, or Operating-type Funds require the greatest short-term liquidity of any of the fund-types. Demand deposit accounts, money market accounts, short-term investment pools, and money market mutual funds will provide daily liquidity and may be utilized as a c...
Investment Strategies. 7.2.1 With the unanimous consent of all Partners, the Limited Partnership invests the Target Project mainly via Bona Film.
Investment Strategies. All investment strategies and advice provided to the Company shall at all times conform to and be in accordance with the requirements imposed by the Investment Policy Statement with respect to the Assets attached hereto as Annex A (the "Investment Policy"), and with the requirements imposed by applicable law.
