Separately Managed Accounts

Disciplined Value – Unrestricted

Investment Objective

To provide competitive returns consistent with the broad equity markets while also providing a level of capital protection during sustained market downturns.

Investment Team

The portfolio is managed by the Disciplined Value Management Team, a group of tenured research professionals who oversee and implement the strategy’s systematic investment process.

Composition

High-quality, high dividend-yielding securities. Focus is on mid-to-large cap companies.

95% - 100% Equities

Investment Process

Using a systematic investment process with a focus on mid-to-large capitalization companies, securities are selected annually based on free cash flow generation and earnings power, minimum dividend yield, dividend sustainability, and financial health. Holdings will predominantly consist of U.S. securities; however, non-U.S. developed and emerging market securities may be held via American Depositary Receipts (ADR).

Investment Objective

To provide competitive returns consistent with the broad equity markets while also providing a level of capital protection during sustained market downturns.

Investment Team

The portfolio is managed by the Disciplined Value Management Team, a group of tenured research professionals who oversee and implement the strategy’s systematic investment process.

Composition

High-quality, high dividend-yielding securities. Focus is on mid-to-large cap companies.

95% - 100% Equities

Investment Process

Using a systematic investment process with a focus on mid-to-large capitalization companies, securities are selected annually based on free cash flow generation and earnings power, minimum dividend yield, dividend sustainability, and financial health. Holdings will predominantly consist of U.S. securities; however, non-U.S. developed and emerging market securities may be held via American Depositary Receipts (ADR).

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