Intelligent Fixed Income GOV
Investment Objective: The strategy’s investment objective is to provide current income while maintaining principal value.
Investment Description: The Intelligent Fixed Income GOV strategy was launched on November 1, 2022 and invests solely in U.S. Treasuries with maturities no longer than 36 months. The strategy may hold cash or cash equivalents. Securities may be sold prior to maturity.
Performance Composite Definition: The Intelligent Fixed Income GOV performance composite includes all portfolios invested in the Intelligent Fixed Income GOV strategy. For performance purposes, portfolios enter the composite on the first day of the first full month of management. Portfolios are removed upon completion of the last full month of performance.
Performance: Performance quoted is past performance. Past performance is not indicative of future performance. Current performance may be lower or higher than performance shown. Differences in performance versus the indices may be attributable, in part, to differences in the asset make-up of the Intelligent Fixed Income GOV strategy vs. the indices. Performance calculations are based on the reinvestment of dividends and gains unless these amounts were paid out to the client. Performance is subject to revision.
Fee: The normal fee schedule for the Intelligent Fixed Income GOV strategy is 0.25%.
Definitions: The Bloomberg U.S. 1-3 Year Treasury Bond Index measures the performance of the US government bond market and includes public obligations of the U.S. Treasury with a maturity between 1 and up to (but not including) 3 years.
Disclaimer: Investing involves risk; principal loss is possible. The principal risks of investing in fixed income include interest rate risk: the value of fixed income securities is impacted by changes in interest rates. Bonds with longer durations tend to be more sensitive and more volatile than securities with shorter durations; bond prices generally fall as interest rates rise. Other risks include call risk, credit risk, liquidity risk and market risk. In general, the risks of investing in preferred securities are similar to those of investing in bonds, including credit risk and interest rate risk. As nearly all preferred securities have issuer call options, call risk, income risk and reinvestment risk are also important considerations. In addition, investors face equity-like risks, such as deferral or omission of distributions, subordination to bonds and other more senior debt, and higher corporate governance risks with limited voting rights. Investors should consider the investment objectives, risk, charges, and expenses of this strategy carefully before investing. This and other important information can be obtained by contacting Ulland Investment Advisors.
More Information: This does not constitute a recommendation of any investment strategy or product for a particular investor. To obtain more information regarding the Intelligent Fixed Income GOV strategy, and/or Ulland Investment Advisors, please call Nat Beebe at 612.312.1402 or e-mail nat.beebe@ullandinvestment.com.
