LOM Fixed Income Fund USD
Investment Objective
The LOM Fixed Income Fund is an absolute return, investment grade bond fund. The fund’s objective is to outperform short-term interest rates while preserving capital.
Management Style
The Fund invests in U.S government bonds and notes, corporate bonds, asset-backed securities, and foreign bonds. The Fund will focus on U.S Securities, but may invest up to 30% of total assets in US dollar denominated foreign debt. The average portfolio duration of this Fund normally varies within a two to five-year time frame based on LOM’s forecast for interest rates.
Fund Performance
All data as of December 30th, 2011
| Year to Date Return | 0.93% |
| 1 Month Return | 0.16% |
| 3 Month Return |
-0.39% |
| 1 Year Total Return |
0.93% |
|
Year
|
Jan
|
Feb
|
Mar
|
Apr
|
May
|
Jun
|
Jul
|
Aug
|
Sep
|
Oct
|
Nov
|
Dec
| Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
2011
|
0.5%
|
-0.1%
|
-0.1%
|
0.4%
|
0.1%
|
0.1%
|
0.1% | -0.2% |
-0.4% | -0.1% |
-0.3%
|
0.9% |
0.9%
|
|
2010
|
0.6%
|
-0.1%
|
-0.2%
|
0.8%
|
0.0%
|
0.2%
|
0.5% |
0.1% |
0.0% | 0.4% |
-0.5%
|
-0.7% |
1.3%
|
|
2009
|
0.9%
|
0.0%
|
0.0%
|
0.6%
|
1.2%
|
0.9%
|
1.3% | 1.3% |
0.4% |
0.8% |
0.8%
|
0.9% |
9.5%
|
|
2008
|
1.2%
|
0.5%
|
-0.6%
|
-1.0%
|
1.3%
|
0.0%
|
0.0%
|
0.7%
|
-1.2%
|
-0.9%
|
0.4%
|
0.6%
|
0.8%
|
|
2007
|
0.0%
|
0.6%
|
0.5%
|
0.3%
|
-0.2%
|
0.1%
|
0.8%
|
0.6%
|
0.5%
|
0.7%
|
1.2%
|
0.1%
|
5.3%
|
|
2006
|
0.1%
|
0.1%
|
0.1%
|
0.1%
|
0.2%
|
0.1%
|
0.6%
|
0.6%
|
0.5%
|
0.2%
|
0.4%
|
0.3%
|
3.4%
|
|
2005
|
0.0%
|
0.0%
|
-0.4%
|
0.7%
|
0.3%
|
0.2%
|
-0.2%
|
0.2%
|
0.3%
|
-0.1%
|
0.2%
|
0.3%
|
1.7%
|
|
2004
|
0.3%
|
0.7%
|
-0.1%
|
-1.0%
|
-0.2%
|
0.2%
|
0.7%
|
0.2%
|
0.3%
|
0.3%
|
-0.3%
|
0.2%
|
1.2%
|
|
2003
|
0.3%
|
0.8%
|
0.1%
|
0.0%
|
0.8%
|
0.1%
|
-1.0%
|
-0.2%
|
0.9%
|
0.0%
|
0.1%
|
0.6%
|
2.4%
|
|
2002
|
0.7%
|
0.9%
|
-0.8%
|
1.2%
|
0.8%
|
0.8%
|
1.1%
|
-0.5%
|
0.9%
|
-0.5%
|
0.3%
|
0.9%
|
7.0%
|
Top 10 Holdings
| Issuer | Coupon | Maturity | Weighting |
|---|---|---|---|
| US Treasury | 0.75% | 09/15/13 | 5.9% |
| US Treasury | 1.37% | 02/15/13 | 5.9% |
|
XOM |
Float |
09/01/12 |
2.4% |
| US Treasury | 2.75% | 10/31/13 | 2.4% |
| US Treasury | 1.5% |
08/31/18 |
2.3% |
| AT&T |
5.625% |
03/15/16 |
1.8% |
| LOEWS |
1.25% | 09/30/15 | 1.8% |
| Treasury | 1.25% | 09/30/15 | 1.8% |
| DTV | 7.625% |
05/15/16 |
1.7% |
| TCKCN | 10.25% | 05/15/16 | 1.7% |
Current Monthly Strategy Allocation
Analytics (1 Year)
| Fixed Income | Benchmark (SBGCT15) |
|
|---|---|---|
| Return Volatility |
1.41%
|
1.69%
|
| Return Sharpe Ratio |
0.59%
|
1.59% |
| Ann. Sortino Ratio |
0.90%
|
1.99%
|
| Downside Risk |
1.00%
|
1.52%
|
| % Periods Up |
57.69%
|
6346%
|
| % Periods Down |
42.31%
|
36.54%
|
| Standard Deviation |
1.43% |
1.97%
|
| Volatility |
1.41%
|
1.99%
|
| Duration |
1.92 Years
|
n/a
|
| Average Credit Quality |
AA-
|
n/a
|
|
|
Investors should consider factors that may be relevant to their circumstances, including tax considerations, before making any investments. Please note that past performance of an investment, is not a guide to future performance. Investment return and principal value may fluctuate with changing market conditions. Products described herein, may involve greater risk. Please meet with your Investment Advisor to discuss your personal situation. Where appropriate, please review a prospectus to obtain a complete outline of the terms and risks associated with mutual fund investments.
