Cash & cash investments
Includes readily accessible money market or bank deposit assets held in your brokerage sweep account.
With the “look through” feature, cash investments within a mutual fund, insurance policy or annuity contract are included in this category.
Cash investments are generally less readily available than liquid cash. These may include assets that are held within an investment product such as a mutual fund, ETF or annuity. This segment also includes money market funds, certificates as well as treasuries and CDs that have a maturity of less than 3 months.
Both Treasury and agency US Government debt and CDs with maturity greater than 3 months.
U.S. Investment Grade Corporate
Can include Preferreds and Convertibles rated Baa3/BBB- or higher by Moody’s or S&P. Structured products with principal protection from the issuer are classified as fixed income. The type of fixed income is based on the rating of the issuer, which is typically investment grade.
High Yield Bond
Can include Preferreds and Convertibles rated below Baa3/BBB- by Moody’s or S&P.
Developed Foreign Bond
Emerging Foreign Bond
Includes unrated Preferreds and Convertibles.
U.S. stocks across large, mid and small caps, as well as value and growth segments.
Developed & Emerging Foreign Equities
Includes structured products without principal protection and which are tied to an equity index or one or more equities. May also include stock in private companies, penny stocks etc.
Commodities, non-traded REITs and non-traded BDCs
Hedge Funds, managed futures, long-short strategies, non-traditional bond funds
Individual options and futures
Holdings for which we temporarily lack classification data (typically newly purchased securities, securities which recently underwent a corporate action, or certain annuity subaccounts). Can include derivatives held inside of mutual funds or other pooled investments. A small number of Structured products that are neither principal protected nor tied to an equity index may be classified here.