Investment Philosophy

The investment philosophy at Morley is based on a consistent and disciplined approach for our clients.

We believe that a majority of retirement plan participants are allocating funds to a stable value option as their conservative or safe investment option. We believe that they are not investing in stable value to take on additional risk or to stretch for extra yield/returns.

In the management of our stable value portfolios, we believe that

• Risk management is the single most important component in our process
• Clearly defined client objectives and guidelines govern every decision
• Style purity and portfolio transparency are critical
• Our consistent approach has resulted in a competitive track record.

The investment objective of our stable value offerings is to earn a consistent rate of return, while providing

1. Preservation of capital,
2. Stability and predictability of return,
3. Liquidity to pay plan benefits, and
4. High credit quality.