Strategy Updates | NorthCoast

Performance

YTD: 4.5%
Performance YTD result is an estimated percentage based on a model account and may not be performance of your account.

As Of: 09/30/2024

Market Exposure

Fixed Income
98%
Cash
2%

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Core Fixed Income

Core Fixed Income is a long-term income generation strategy focused on capital preservation by managing principal risk. Core Fixed Income invests in a diversified basket of global ETFs across the income spectrum using U.S. bonds, global bonds, corporate bonds, mortgages, and other asset classes. The portfolio seeks to produce long-term returns above the bond aggregate market index.

Date Update

Date	Update
January 3, 2018	What has been the most notable performer in 2017 in your Core Fixed Income portfolio, and to what do you attribute its gains? CLY, the iShares 10+ Year Credit Bond ETF, was certainly among the top performing positions in our Core Fixed Income ETF portfolio this year. The security was up 12.1% and we currently hold about a 19% position in our portfolio. With the U.S. economy remaining fundamentally strong, the default rate of corporate bonds is relatively low. Our ETF scoring model showed an attractive aggregate score for CLY throughout the year with valuations and sentiment signals being the strongest contributors. For more commentary from CIO Patrick Jamin on the final quarter of 2017, Click Here
October 4, 2017	What factors led to the addition of iShares International Treasury Bond ETF (IGOV) to the Core Fixed Income ETF portfolio? Three out of four sub-groups of market-moving indicators (macroeconomic, technical and sentiment) were in positive territory. We had been eyeing IGOV for some time and found a good entry point in the third quarter as its liquidity improved. To view more comments, check out the article published in Investor's Business Daily here.
August 1, 2014	People are living longer, and the road to financial security is more complex than ever before. Investors need thoughtful solutions that properly balance the financial tradeoff between income production and principal risk. The rise of the Exchange Traded Fund (ETF) marketplace has provided NorthCoast with the tools necessary to deliver investment products designed to solve this tradeoff. Utilizing a variety of iShares® ETFs, NorthCoast has the potential to provide investors with increased transparency, lower costs, and greater consistency. Daily market research, active security selection, and disciplined risk management are the key components to Core Fixed Income. Incorporating a hands-on tactical asset allocation solution can enhance diversification, lower volatility, and generate solid, long-term income.

January 3, 2018

What has been the most notable performer in 2017 in your Core Fixed Income portfolio, and to what do you attribute its gains?

CLY, the iShares 10+ Year Credit Bond ETF, was certainly among the top performing positions in our Core Fixed Income ETF portfolio this year. The security was up 12.1% and we currently hold about a 19% position in our portfolio. With the U.S. economy remaining fundamentally strong, the default rate of corporate bonds is relatively low. Our ETF scoring model showed an attractive aggregate score for CLY throughout the year with valuations and sentiment signals being the strongest contributors.

For more commentary from CIO Patrick Jamin on the final quarter of 2017, Click Here

October 4, 2017

What factors led to the addition of iShares International Treasury Bond ETF (IGOV) to the Core Fixed Income ETF portfolio?

Three out of four sub-groups of market-moving indicators (macroeconomic, technical and sentiment) were in positive territory. We had been eyeing IGOV for some time and found a good entry point in the third quarter as its liquidity improved.

To view more comments, check out the article published in Investor's Business Daily here.

August 1, 2014

People are living longer, and the road to financial security is more complex than ever before. Investors need thoughtful solutions that properly balance the financial tradeoff between income production and principal risk.

The rise of the Exchange Traded Fund (ETF) marketplace has provided NorthCoast with the tools necessary to deliver investment products designed to solve this tradeoff.

Utilizing a variety of iShares® ETFs, NorthCoast has the potential to provide investors with increased transparency, lower costs, and greater consistency.

Daily market research, active security selection, and disciplined risk management are the key components to Core Fixed Income. Incorporating a hands-on tactical asset allocation solution can enhance diversification, lower volatility, and generate solid, long-term income.