Portfolios: Conservative

Investment Strategy

• Seeks to provide high current income and low long-term capital appreciation.
• A diversified portfolio, investing in a combination of mutual funds consisting of approximately 20% stocks and 80% bonds.
• Emphasis on stability of investment principal and income with some exposure to stocks for long term capital appreciation.
• Core equity exposure blends growth and value styles with exposure to stock investments in both U.S. and non-U.S. markets.

Portfolio Highlights

• Balances bond income with a small allocation to stocks for growth potential.
• Diversifies across 4 asset classes, 6 funds and multiple managers.
• Maintains a focused target asset allocation for a conservative investor through regular rebalancing.