The Moderate Strategy is an actively managed diversified portfolio of high quality value stocks, individual bonds and mutual funds. The strategy may also include ETFs, MLPs and other securities. Its objective is to generate capital growth and income and to achieve positive long-term absolute returns.
The moderate strategy will generally have 50% to 70% in equities and 20% to 30% in bonds. The strategy contains domestic and developed nation international equities and primarily US bonds.