Baker Gilmore Short Term Bond

Product Highlights

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

Investment Objectives

• Protect capital from major market fluctuations while maximizing total returns
• Exceed the performance of the FTSE Canada Short Term Overall Bond Index by 0.50% per year over the cycle

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

Portfolio 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 is positioned for the highest risk-adjusted expected returns