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World Asset manages products to fulfill client objectives
- World Asset manages products with the goal of fulfilling client objectives.
- The investment process we have seeks to minimize total transaction costs, maintain a fully invested status and minimize tracking deviations.
- In most situations full replication is the best approach.
- Index changes are made as they occur and very often can transition securities from other portfolios to make those changes.
- World Asset rebalances its products continually with incoming and outgoing cash flows.
- This approach minimizes transaction costs and maximizes tracking performance.
- Every portfolio is measured each day against the ideal index. Any large discrepancies are handled on a daily basis.
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S&P 500 |
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INDEX STRATEGY |
The 500 Index Strategy seeks to provide investment results generally corresponding to the aggregate price and dividend performance of the publicly traded common stocks in the large capitalization sector of the U.S. equity market. The fund pursues this objective by investing primarily in the 500 common stocks that compose the S&P 500 Index.
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S&P/Citigroup LargeCap Growth |
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INDEX STRATEGY |
The LargeCap Growth Strategy seeks to provide investment results generally corresponding to the aggregate price and dividend performance of the growth stocks in the large capitalization sector of the U.S. equity market. The fund pursues this objective by investing primarily in the common stocks that compose the S&P/Citigroup LargeCap Growth Index.
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S&P/Citigroup LargeCap Value |
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INDEX STRATEGY |
The LargeCap Growth Strategy seeks to provide investment results generally corresponding to the aggregate price and dividend performance of the growth stocks in the large capitalization sector of the U.S. equity market. The fund pursues this objective by investing primarily in the common stocks that compose the S&P/Citigroup LargeCap Growth Index.
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S&P MIDCAP 400 |
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INDEX STRATEGY |
The Medium Cap Index Strategy seeks to provide investment results generally corresponding to the aggregate price and dividend performance of the medium capitalization sector of the U.S. equity market. The fund pursues this objective by investing primarily in the 400 common stocks that compose the S&P MidCap 400 Index.
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S&P SMALLCAP 600 |
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INDEX STRATEGY |
The Small Cap Index Strategy seeks to provide investment results generally corresponding to the aggregate price and dividend performance of the small capitalization sector of the U.S. equity market. The fund pursues this objective by investing primarily in the 600 common stocks that compose the S&P SmallCap 600 Index.
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S&P 1500 SUPER COMPOSITE |
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INDEX STRATEGY |
This index combines the returns for the S&P 500, S&P MidCap 400, and S&P SmallCap 600. Standard & Poor’s began publishing returns for the index in January 1995. The index is market-cap weighted with the S&P 500 making up over 87% of the market capitalization. This index correlates with other total market indices such as, the Russell 3000 and the Wilshire 5000.
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WILSHIRE 5000 |
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INDEX STRATEGY |
| The Wilshire 5000 index is derived from the performance of all publicly traded companies with readily available pricing headquartered in the United States. Over 7,000 companies are included in this index. The index is used as an approximator of dollar changes in the U.S. equity market. The Wilshire 5000 base is December 31, 1980. The constituents in the Wilshire indices are rebalanced annually. Indices are re-weighted quarterly. |
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RUSSELL 2000 |
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INDEX STRATEGY |
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The Russell 2000 index measures the performance of 2,000 smallest companies in the Russell 3000 Index. It is widely recognized and used to as a small-cap index in the United States. The Russell indices are rebalanced annually to reflect changes in the marketplace, thus companies that are acquired, delisted, or are moved to OTC are not replaced until the following year.
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| The International Equity Strategy seeks to provide complete international equity market exposure to investors through a highly diversified portfolio comprising over 790 securities representing 50 world markets. The fund invests in all foreign companies of greater than $250 million market capitalization that trade either directly on a U.S. exchange or as sponsored ADRs (American Depositary Receipts). | |
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EAFE |
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INDEX STRATEGY |
| The MSCI EAFE index tracks the equity performance of approximately 1,000 companies in 21 foreign countries located in Europe, Australia, and the Far East. It is recognized for measuring foreign equity performance. EAFE, however, is a narrow representation of the world, containing only 21 countries and 85% of each market. |
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MSCI AC World x-USA |
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INDEX STRATEGY |
| MSCI All Country World Ex-US Index represents both the developed and the emerging and includes 48 markets. The index captures 85% of the total country market capitalization while it accurately reflects the economic diversity of the market. The index is calculated by MSCI in London. |
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| The Fixed Income Index Strategy seeks to provide investment results that generally correspond to the performance to the segment of the U.S. fixed income market represented by a portfolio’s Lehman benchmark. | |
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AGGREGATE BOND |
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INDEX STRATEGY |
The Aggregate Bond Index strategy seeks to provide a similar price and yield performance, before expenses, of the Lehman Brothers Aggregate Bond ("LB Aggregate") Index. The Fund will pursue this objective by investing primarily in obligations of the U.S. Government, its agencies and instrumentalities, mortgage-backed passed thru securities and investment grade corporate obligations having a broad range of maturities.
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INTERMEDIATE GOVERNMENT BOND |
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INDEX STRATEGY |
The Intermediate Government Bond Index strategy seeks to provide investment results that generally correspond to the Lehman Brothers Intermediate Government Bond Index - a widely recognized benchmark including intermediate-term fixed income obligations issued by the U.S. Treasury, government agencies, and quasi-federal corporations having a 1 to 10 year range of maturities.
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SHORT TERM BOND |
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INDEX STRATEGY |
The Short Term Bond Index strategy seeks to provide a similar price and yield performance, before expenses, of the Lehman Brothers Intermediate Government/Credit Bond ("LB Interm G/C") Index. The Fund will pursue this objective by investing primarily in obligations of the U.S. Government, its agencies and instrumentalities, and investment grade corporate obligations having a 1 to 3 year range of maturities.
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INTERMEDIATE TERM BOND |
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INDEX STRATEGY |
The Intermediate Term Bond Index strategy seeks to provide a similar price and yield performance, before expenses, of the Lehman Brothers Intermediate Government/Credit Bond ("LB Interm G/C") Index. The Fund will pursue this objective by investing primarily in obligations of the U.S. Government, its agencies and instrumentalities, and investment grade corporate obligations having a 1 to 10 year range of maturities.
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TREASURY INFLATION PROTECTION SECURITIES |
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(TIPS) INDEX STRATEGY |
| The Treasury Inflation Protection Securities (TIPS) strategy seeks to provide investment results that generally correspond to the Lehman Brothers TIPS Index. TIPS are direct obligations of the United States government and backed by the full faith and credit of the United States government. The value of the securities are designed to keep pace with inflation by adjusting, up or down, the prinicpal balance upon which interest is calculated. |
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