Portfolio Objective definition

Portfolio Objective. The investment objective of the Account is to provide long-term total return in excess of the Index, net of all fees and trading costs. • Benchmark: Bloomberg Barclays U.S. Intermediate Aggregate Bond Index
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Portfolio Objective. The portfolio objective is to outperform the benchmark. Highly liquid securities are to be purchased. Constraints: Securities (Commercial Paper, Banker’s Acceptances and Time Deposits) must be rated at a minimum of A1 by Standard & Poor’s Corporation (“S&P”) or P1 by Xxxxx’x Investors Service (“Moody’s”) and not have maturities greater than two years. Single issuers may not comprise more than 5% of the Aggregate Portfolio (other than direct obligations of the US Government or its agencies). Money market funds are permitted, but allowable funds must seek to maintain a stable net asset value and may only purchase “First Tier” securities. First Tier securities are securities which are rated (or that have been issued by an issuer that is rated with respect to a class of short-term debt obligations, or any security within that class, comparable in priority and quality with such securities) in the highest short-term rating category by at least two nationally recognized statistical rating organizations (NRSRO’s), or if only one NRSRO has assigned a rating, by that NRSRO. A single fund may not comprise more than 15% of the Aggregate Portfolio. Repurchase agreements are permitted but must be a) marked to market daily, b) collateralized at 102% by US Government or agency securities, c) have a maturity of 7 days or less and d) have counterparties that are rated A-1 by S&P or P-1 by Moody’s. Furthermore, only Primary Dealers designated by the Federal Reserve Bank of New York and top-tier broker-dealers (See Exhibit 1) will be acceptable counterparties. In addition, counterparties and their aggregate exposure limits must have prior approval by the Management Investment Committee. The aggregate level of repurchase agreements cannot exceed 10% of the portfolio without the prior approval of at least two Senior Officers, which is not expected to be given except in conditions of extreme market illiquidity. In order to properly hedge short-term foreign currency exposure, time deposits denominated in foreign currency will be permitted but excluded from the performance measures. Fixed Income Securities (80%-95% of Aggregate Portfolio) Benchmark: Xxxxxx Aggregate Bond Index. Portfolio Objective: The portfolio objective is to outperform the benchmark while adhering to high fiduciary standards. Portfolio Constraints: Duration The duration of the portfolio should not exceed the duration of the relevant benchmark by more than one year or lag the benchmark by more than one year. Por...
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Portfolio Objective. To approximate total returns equal to the benchmark with minimal transaction costs.
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Examples of Portfolio Objective in a sentence

  • Xxxxxx Xxxxx will rely on the information I provide in the Client Profile in order to recommend an Account Portfolio Objective and a Goal Portfolio Objective, if applicable.

  • I may be required to complete a new Client Profile in order for Xxxxxx Xxxxx to recommend a modification of my Account Portfolio Objective or Goal Portfolio Objective after considering such change.

  • I am responsible for selecting to invest in either a recommended Account Portfolio Objective or an alternative Account Portfolio Objective, if available.

  • Portfolio Objective Based on the nonprofit organization’s risk tolerance, market views and liquidity needs, investment committees and boards are faced with the task of establishing objectives for their organization’s cash portfolios.

  • I have completed a Client Profile that contains important information about my Account, which generally includes either my goal or purpose for investing and my time horizon, risk tolerance or other financial information, in order to assist me in selecting an appropriate Account Portfolio Objective and an appropriate portfolio objective for my goal (my “Goal Portfolio Objective”), if applicable.

  • Xxxxxx Xxxxx will have no authority to change my Account Portfolio Objective without my instruction.

  • Once I have selected an Account Portfolio Objective, Xxxxxx Xxxxx will make recommendations to buy, hold, sell, or exchange investments to me based on the Account Portfolio Objective for my Account.

  • In a Research Model, you give Edward Jones complete control over the management of your account (except for selecting or changing your Account Portfolio Objective).

  • I may be required to complete a new Client Profile in order for Xxxxxx Xxxxx to recommend a modification of the Account Portfolio Objective for my Account after considering such change.

  • Unless I have entered into an Xxxxxx Xxxxx investment advisory agreement that states otherwise, I will make all decisions with respect to my Account, and may follow or reject, in whole or in part, any recommendations made by Xxxxxx Xxxxx, including whether to change the Account Portfolio Objective for my Account.


More Definitions of Portfolio Objective

Portfolio Objective. To approximate total returns equal to the benchmark with  Benchmark: minimal transaction costs. The Barclays Capital Aggregate Bond Index is used as a  Types of Investments: benchmark over a cycle. The Fund will be invested in a representative selection of securities which comprise the benchmark, using a strategy designed to replicate the characteristics of the benchmark. The Fund may invest in fixed-income securities such as U.S. government and agency securities, publicly traded mortgage and asset-backed securities (including CMOs), public corporate debt and cash equivalents. The Fund may also invest in Rule 144A issues. The Fund may also use exchange-traded Treasury futures to provide liquidity, manage portfolio duration and limit  Asset Quality: risk. The Fund weighted average quality will be AA or higher. Any cash available within the Fund is invested in high quality commingled cash management portfolio and other cash vehicles.  Duration: Index duration ± ¼ years 1 – 3 Year Short Fixed Income Fund – allocation is between 0 and 40%
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Portfolio Objective. The portfolio objective is to achieve excess returns by pursuing investments outside the guideline relative to Cash and Short-Term and Fixed Income, while managing investment risk to minimize correlation with insurance risk. Overview: With the prior approval of at least two Senior Officers, an allocation to securities that do not adhere to the above guidelines is permissible, but may not exceed 5% of the Aggregate Investment Portfolio. Permitted: Securities including but not limited to the following: a) Equity interest; b) Subsidiary investments; c) Foreign investments, and d) Non-investment grade securities with no minimum rating. EXHIBIT B Brokerage and Execution Services
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Portfolio Objective. To approximate total returns equal to the benchmark with minimal transaction costs • Benchmark: The Barclays Capital Aggregate Bond Index is used as a benchmark over a cycle.
Sample 1

Related to Portfolio Objective

  • Cost objective means a function, organizational subdivision, contract, grant, or other activity for which cost data are needed and for which costs are incurred.

  • Plan Objective means the objective of securing the return described in the brochure to which these Terms and Conditions are attached.

  • Student growth objective means an academic goal that teachers and designated supervisors set for groups of students.

  • Investment Objective : means the objective of securing the return described in the brochure to which these Terms and Conditions are attached.

  • Investment Objectives means the investment objectives of the Fund as set forth in the Declaration of Trust as described in section 1.1.1 of this Annual Information Form.

  • Management Objectives means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual Participant or of the Subsidiary, division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria:

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Investment Criteria The criteria specified in Section 12.2(a).

  • Review Criteria has the meaning assigned to that term in Section 12.02(b)(i).

  • ASAM criteria means the most current edition of the American Society of Addiction Medicine's published criteria for admission to treatment, continued services, and discharge.

  • Board-Established Criteria means criteria that the Board of a Regulated Fund may establish from time to time to describe the characteristics of Potential Co-Investment Transactions regarding which the Adviser to the Regulated Fund should be notified under Condition 1. The Board-Established Criteria will be consistent with the Regulated Fund’s Objectives and Strategies (defined below). If no Board-Established Criteria are in effect, then the Regulated Fund’s Adviser will be notified of all Potential Co-Investment Transactions that fall within the Regulated Fund’s then-current Objectives and Strategies. Board-Established Criteria will be objective and testable, meaning that they will be based on observable information, such as industry/sector of the issuer, minimum EBITDA of the issuer, asset class of the investment opportunity or required commitment size, and not on characteristics that involve a discretionary assessment. The Adviser to the Regulated Fund may from time to time recommend criteria for the Board’s consideration, but Board-Established Criteria will only become effective if approved by a majority of the Independent Directors (defined below). The Independent Directors of a Regulated Fund may at any time rescind, suspend or qualify their approval of any Board-Established Criteria, though Applicants anticipate that, under normal circumstances, the Board would not modify these criteria more often than quarterly.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Criteria means one of the eight (8) state defined categories to be scored.

  • Selection Criteria means and includes all of the requirements, considerations,

  • Performance Objectives means the performance objective or objectives established by the Committee pursuant to the Plan. Any Performance Objectives may relate to the performance of the Company or one or more of its Subsidiaries, divisions, departments, units, functions, partnerships, joint ventures or minority investments, product lines or products, or the performance of the individual Participant, and may include, without limitation, the Performance Objectives set forth in Section 13(b). The Performance Objectives may be made relative to the performance of a group of comparable companies, or published or special index that the Committee, in its sole discretion, deems appropriate, or the Company may select Performance Objectives as compared to various stock market indices. Performance Objectives may be stated as a combination of the listed factors.

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Qualifying Performance Criteria means any one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

  • Portfolio Loss means the loss realized on either (i) a portfolio sale of Single Family Shared-Loss Loans in accordance with the terms of Article IV or (ii) the sale of a loan with the consent of the Receiver as provided in Section 2.7.

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;