
For companies on a more sustainable growth track our YIELDPlus Strategy seeks higher yield opportunities than money market alternatives without compromising protection of principal. This is a book value strategy with a modified buy-and-hold focus. If you have adequate cash reserves and predictable liquidity needs but can tolerate moderate interest rate risk in search of greater yield, YIELDPlus may be an attractive strategy.
Our Custom Duration product has been developed for larger corporations with sizeable cash reserves that use short-duration assets as part of an active asset allocation strategy. With liquidity as a secondary objective this is a market value strategy with a modified total return focus. Active trading facilitates the asset manager's views of changing market conditions and portfolio rebalancing needs, but is sensitive to corporate reporting requirements and the impact on current period income recognition.