On a long-term basis, we target average annual returns well above 12%, with an overriding risk limit of 12% per year.
In order to reduce risk and maximize client value, all of our absolute return portfolios may shift into cash as needed, and we do not charge a performance fee. In fact, our active risk control process has proven the potential to deliver gains in a crash.
Past performance does not guarantee future results. See our disclosures for additional information.