The principal objective of our Dynamic AA2 portfolio is to outperform the typical diversified stock and bond portfolio through a disciplined and active management approach. The portfolio seeks exposure to the most promising asset classes relative to prevailing market conditions.
The portfolio framework for the Dynamic AA2 program consists
of the following parameters: (1) Allowable investment types are stock, bond,
and money market funds, (2) Asset allocation range is a maximum 85% equities
or 75% fixed income securities, (3) Number of positions held are five minimum
and six maximum, and (4) Transaction frequency is a maximum of six buys and
six sells per quarter.
