Asset Management > Research & Commentary
Disciplined Equity
- Enhanced Cash
Second Quarter, 2010 - Investment Style SheetThe Enhanced Cash Composite is managed to meet an individual client’s short-term cash needs. The portfolio seeks to preserve capital and maximize current income, while matching Ziegler’s view regarding the current interest rate environment and its cyclical behavior over the next 12 months. The Enhanced Cash Style is primarily made up of overnight investments, U.S. Government securities, U.S. Government agencies, and corporate bonds with an average credit quality of Aa1. The portfolio is benchmarked against 90-Day treasury bills. - Short Term Fixed Income
Second Quarter, 2010 - Investment Style SheetThe Short-Term Fixed Composite is managed to meet specific liquidity requirements by investing in individual securities with an average duration between 90% and 110% of the benchmark. The style utilizes U.S. governments, agencies, corporate bonds, asset-backed securities, agency mortgage-backed securities and collateralized mortgage obligations. The objective of the Style is to enhance the performance of the Merrill Lynch U.S. Treasury 1–3 Year Index. - Intermediate Core
Second Quarter, 2010 - Investment Style SheetThe Ziegler Intermediate Core Composite is a fixed-income investment management strategy that is designed to provide a total return in excess of the Barclay’s Intermediate Government/Credit Index. Excess return is achieved primarily through sector rotation and security selection. The strategy manages risk through issue diversification. Portfolio duration is managed in-line with the benchmark. Portfolios — when permitted by client guidelines — will invest in non-benchmark sectors opportunistically, but are capped a maximum of 25% of the portfolio. - Enhanced S&P 500 Index
Second Quarter, 2010 - Investment Style SheetThe Enhanced S&P 500 Index Style utilizes a quantitative approach to realize returns in excess of a benchmark, making use of what we've learned about investor behavior through academic research in behavioral finance. - Large Cap Core Equity Select 60
Second Quarter, 2010 - Investment Style SheetThe Large-Cap Core Equity Select 60 Style utilizes a quantitative approach to realize returns in excess of a benchmark, making use of what we've learned about investor behavior through academic research in behavioral finance. - Disciplined Equity
Second Quarter, 2010 - Investment Style SheetThe Disciplined Equity Style (formerly the Large-Cap Core Equity Style) seeks to outperform the S&P 500 Index on a relative basis, while maintaining a risk profile similar to the benchmark.The style emphasizes a bottom-up stock selection process that establishes and maintains sell targets for each holding and continuously reviews valuation targets. The style incorporates a call option overwriting program designed to objectively implement valuation sell targets and to generate additional portfolio cash flow. - Value Equity Income
Second Quarter, 2010 - Investment Style SheetThe investment objective of the Equity Income Investment Style is to provide adequate diversification across all equity market sectors, while offering above-average (equity) market yields. It is a value oriented strategy based Apply Ziegler's "bargain" ranking methodology, used in its proprietary Quantitative Research Strategy (QRS). - Small Cap Core Equity
Second Quarter, 2010 - Investment Style SheetThe Small-Cap Core Style utilizes a quantitative approach to realize returns in excess of a benchmark, making use of what we've learned about investor behavior through academic research in behavioral finance.