Global Inflation Linked Bonds

The Global Inflation Linked Bond Portfolio seeks capital appreciation and income by investing in a diversified portfolio of global bonds.  The product provides inflation protection while increasing portfolio diversification.

The product invests primarily in sovereign inflation-linked and nominal bonds while tactically employing additional risk factors to maximize risk-adjusted returns.  Strategies employed to add value include:

      Country/currency selection
      Term structure management
      Breakeven inflation
      Security selection

The benchmark for this product is the Barclays Global Inflation-linked Bond Index and can be managed hedged back to any desired currency.