Short Duration Strategies

Benchmarks: 1 and 3 Month LIBOR, Lehman 1-3 Year Government, Merrill 1-3 Year Treasury Government and Government/Credit, and Merrill 1-5 Year Government and Government/Credit, custom benchmarks

Duration Range: 0.25 to 2.5 Years

Performance Objective: 40-60 bps. over the benchmark

Weighted Average Quality: AAA / AA

Expected Tracking Error: .4 to .7