Enhanced Cashas of September 30, 2018 Print

The Enhanced Cash strategy seeks to preserve principal while generating higher returns than money market funds. The target duration is 1.25 years or less and the investments consist of government, agencies, corporate, mortgage and asset back sectors in the investment grade universe. At a minimum, the average portfolio credit quality is Aa3 or AA-. The team is focused on securities with maturities/average lives of three years or shorter.

Assets Under Management:
$504 million
Portfolio Leadership Team:

Scott D. Pavlak, CFA
Peter E. MahoneyVIEW FULL TEAM
Benchmark:
Bloomberg Barclays U.S. Treasury 9–12 Month Index
Inception Date:
June 1, 2012
Download Fact Sheet
Available Vehicles:

Separately Managed Accounts

  SECTOR WEIGHTS (Range)
Target
Alpha1
Target
Tracking Error
Duration
Target
40–60
basis points
35
basis points
+/- 0.50 years to
benchmark2
Treasuries Government
Agencies
Investment
Grade
Corporates
High Yield/
Bank Loans
Residential
MBS
Commercial
MBS
Asset-Backed
Securities
Municipals Money
Markets
0%–100% 0%–100% 0%–60% 0% 0%–30% 0%–30% 0%–35% 0%–100% 0%–100%

1 Target Alpha is an investment objective and not a promise of future results or performance. It is calculated gross of fees over a 3 to 5 year time horizon. There can be no assurance that a portfolio will achieve its target alpha.

2 Barclays Treasury 9–12 Month Index

Investors should carefully consider their investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other information, please email asklogan@lcpim.com to request more information. Please review the Terms of Use of this site for additional details.