Enhanced Cash

 

Objective	Maximize income and return to money-market alternatives, while ensuring the safety of principal.
Management Style	Actively manage a combination of value-oriented, short-term strategies to capture maturity, credit, and liquidity premiums.
Maturity/Duration	Average 9-15 months
Benchmark	Merrill Lynch 3-month Treasury Bill Index
Quality	Investment grade securities only. Average quality of A/A or better.
Primary Sectors	Corporates, Treasuries, Agencies, Mortgages, Asset-backed Securities