Cash
T-Bills
- Money market funds
- Auction rate notes
- 12 month municipals
- 12 Month corporate
Fixed Income
Individual Portfolios
- Real return focus (typically held to maturity)
- Laddered portfolio
- Corporate bonds, municipals, treasuries, etc.
Bond Funds
- Added return through active management
- Additional diversification
- Value based managers with few restrictions
- Exceptional long-term track records
Equities
Individual Equities
- Capital preservation focus
- Value oriented
- Concentrated portfolio (15-35 stocks)
- No style or size limitations
- Solid track record
External Managers/funds
- Value oriented
- Managers heavily invested their own fund
- Exceptional long-term track records
- Capital preservation focus
- Few geographic, style, or size limitations
Alternative Assets
Private Funds
- Access to non-traditional asset classes
- Increased diversification
- Direct-investment opportunities
- Alternative credit & lending strategies