Fixed-income Management

KIM has been beating fixed-income indices for more than a decade, by controlling risk and exploiting market inefficiencies for better total returns. Our nationally recognized methodology for both taxable and tax-advantaged bonds emphasizes:

Intermediate duration: Average duration of three to seven years curbs portfolio risk. The duration is managed to maximize returns in a declining interest rate environment and to protect principal in an increasing interest rate environment.

Upper-investment-grade securities: AA average rating provides high credit quality.

Sector allocation: KIM shifts allocation weightings in response to anticipated market trends. For example, our balanced portfolios reduced their exposure to stocks prior to the three-year downturn that began in 2000.

Historical trend analysis: Historical data provide insights into recurring patterns.

Opportunity-focused trading: Portfolio managers constantly monitor price movements and market activity for optimal buy and sell opportunities

KIM’s goal is to achieve investment results in the top quartile of professionally managed monies over three to five year periods, based on each client’s risk and return objectives. We achieve this through:

Extensive diversification: KIM employs a broad range of asset classes and management styles to maximize portfolio performance.

Risk control: High average credit quality and broad diversification enable KIM to control overall client risk.

Exploitation of market inefficiencies: KIM constantly monitors markets to uncover securities that offer uncommon value.