Bond Index definition
Examples of Bond Index in a sentence
MetLife Contracts Charge1 MetLife Aggregate Bond Index Fund 0.35% Hand Benefits & Trust Company2 0.25% Plan Service Provider: Service Fee3 0.35% 1 Actual MetLife contract charge will vary based on a fee schedule applied to total guaranteed value under the contract.
Some common broad-based market benchmarks include the S&P/TSX Composite Index, FTSE TMX Canada Universe Bond Index, and the S&P 500 Index.
The investment objective for the total fixed income segment is to outperform the Bloomberg US Aggregate Bond Index over a full market cycle.
For example, if the duration of the Bloomberg U.S. Aggregate Bond Index is 5 years, the Fund’s duration may be 4-6 years.
Return: The return objective for the Funds, measured over a full market cycle, shall be to outperform a 40% ▇▇▇▇▇▇▇ 3000 / 25% MSCI ACWI ex USA / 35% Bloomberg US Aggregate Bond Index after the payment of all management fees.
The market is defined as the 3000, MSCI ACWI ex USA, and the Bloomberg US Aggregate Bond Index.
The subadviser anticipates that the Fund’s modified-adjusted duration will mirror that of the Bloomberg U.S. Aggregate Bond Index, plus or minus 20%.
As of December 31, 2023, the duration of the Bloomberg U.S. Aggregate Bond Index was 6.24 years.
The Virtus Blended All Asset consists of the following eight funds: DFA Inflation Protected Securities Portfolio (DIPSX), Fidelity Long- Term Treasury Bond Index Fund (FNBGX), Vanguard Pacific Stock Index Fund (VPKIX), ▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇ Real Asset Fund (VAABX), Virtus Emerging Markets Opportunities Fund (AEMOX), Virtus Global Allocation Fund (AGASX), Virtus KAR Mid-Cap Core Fund (VRMCX), and Virtus Newfleet Multi-Sector Short Term Bond Fund (VMSSX).
Investment Objective and Principal Strategies: The Fund normally invests at least 80% of assets in securities included in the Bloomberg U.S. Long Treasury Bond Index, a market value- weighted index of investment-grade fixed-rate public obligations of the U.S. Treasury with maturities of 10 years or more.