Baker Gilmore Long Term Bond

Product Highlights

• Specialty fixed income manager
• Fundamental value-oriented approach
• Rigorous forecasting methodology
• Leading-edge risk management and attribution systems

Investment Objective

• Maximize long-term total returns while protecting capital from major market fluctuations

Philosophy & Process

• Markets regularly deviate from fundamentals
• Top-down macro forecasting of key factors that drive bond market returns
• Bottom-up fundamental research focused on accurately determining default risk
• Opportunity exists when issues with low default risk are attractively valued
• A value-oriented, long-term theme-driven approach, together with a deep understanding of risk, enables Baker Gilmore to add value while avoiding credit downgrades and defaults

Construction & Risk Controls

• Leading-edge risk and attribution systems
• Sharp focus on downside protection
• Strategies chosen to optimize risk/return trade-offs
• Targeted top-down exposures are achieved through careful security selection
• Risk management is integral to the investment process and ensures the portfolio positioned for the highest risk-adjusted expected returns