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Fixed Income

Core Aggregate

Inception Date:7/1/2000

Benchmark: Barclays Capital US Aggregate Index

Aviva Investors Core Aggregate Fact Sheet

John Hawley, CFA

Senior Investment Grade Portfolio Manager
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Brian Machan, CFA

Senior Investment Grade Portfolio Manager
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Josh Lohmeier, CFA

Investment Grade Portfolio Manager
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Christopher Langs, CFA

High Yield Portfolio Manager
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Bill Bemis, CFA

Securitized Portfolio Manager
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Laura Fliehler, CFA

Securitized Portfolio Manager
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Description:

Aviva Investors believes that excess returns can be generated by applying fixed income expertise across the major US bond sectors. Our Core Aggregate solution provides diversified fixed income investments targeted at producing a stable current income with the potential for enhanced total returns. The concentration of highly rated investment grade bonds reduces the risk relative to other fixed income strategies. Core Aggregate utilizes high quality bonds in order to gain diversified exposure to the US bond market and are designed to capitalize on the forward-looking investment environment forecast.

Commentary

The U.S. continued to benefit from fiscal and monetary stimulus as well as inventory rebuilding in the second quarter of 2010. We expect moderate 2.0% to 3.0% growth in the second half, as the impact of fiscal and monetary stimulus fades and small businesses and households suffer from lack of credit availability.

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Fact Sheet

Aviva Investors provides detailed composite information including performance and portfolio characteristics on a quarterly basis. Please follow the link to view this quarter's core aggregate fact sheet.

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Investment Process

Aviva Investors seeks to customize investment solutions to the client's objectives, including spread/return objectives, rating agency guidelines and risk parameters. Those objectives are the foundation for our five-phase investment process.

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Research Framework

Aviva Investors uses the FTV framework as the cornerstone of our investment process: Fundamentals, Technicals and Valuations.

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