The Fund is managed by an experienced portfolio management team which has demonstrated proven security selection
and asset allocation processes over time.
We emphasize the importance of security selection
, trade execution, portfolio construction and sector allocation to manage risk and generate returns.
The changes pertain to the Fund's investments in non-income producing common stocks, the Fund's security selection
process and the Fund's definition of common stock.
JPMorgan Asset Management's New York High Yield strategy utilizes a fundamental, bottom-up research process with a disciplined security selection
process which seeks to consistently generate superior risk-adjusted returns.
Seeks To Beat Inflation Over Long Term with Lower Volatility Through Individual Security Selection
and Actively Adjusting Market and Currency Exposures
In addition, our careful security selection
process has allowed us to significantly outperform our benchmark, the Bloomberg San Francisco California Index.
The Select Multi-Asset Pool brings a new dimension to the Program's investment options, providing additional diversification and active security selection
strategies to donor accounts focused on long-term charitable plans.
The team integrates macro-economic themes with rigorous security selection
, focusing on developing only those products that will produce competitively superior investment performance.
While timing and security selection
may also affect returns, how investors allocate their assets may be the single most important investment decision they'll ever make," he said.