Enhanced Index Strategies

Enhanced Index Strategies

Assets in Strategy: $584 Million
Excess Return Objective*: At least 100 basis points (gross of fees)
Tracking Error Objective: Approximately 2%
Common Benchmarks: S&P 500
Russell 1000 Value
Russell 1000
MSCI EAFE
MSCI World
Market Cap Range for Strategy: $1 Billion and up
Approximate # Holdings: 200-350
Minimum Initial Investment $100 Million for a separate account
$100,000 for a mutual fund account
Options and Futures are not used
Social investment screens available

 

* Excess return and tracking error objectives are relative to a value-oriented benchmark over a 3-5 year period. This time horizon is relevant given that no investment process we know of can eliminate the possibility of negative random events driving performance for short periods of time.