Account Options

Our portfolio management is driven by the needs of our clients. We have developed two basic account categories, Equity Focus and Balanced, which are fitted to the investment objective and risk tolerance parameters identified for each account.

Equity Focus accounts hold between 80% and 100% of the account assets in stocks. We research and buy small, medium, and large-sized companies that meet our criteria. Investments may also be made in other securities that offer the potential for attractive returns relative to stocks. We manage Equity Focus accounts with either an appreciation or yield orientation.

• Appreciation oriented accounts are invested in securities that offer the greatest potential for gain over a market cycle of five years. Along with the potential for large gains in specific securities comes a greater risk of loss. Income is not a primary consideration when selecting investments for an appreciation-oriented portfolio.
• Yield oriented accounts are more focused on stocks that should experience less volatility over a market cycle. Dividend and interest income can be expected to make up a greater component of the account's return.

Balanced accounts consist of the same stocks found in our Equity Focus accounts as well as government/agency bonds, corporate bonds, municipal bonds and/or other income-producing securities. These accounts are managed to produce long-term capital appreciation and current income without assuming excessive risk. We do not believe that there is any "best" mix of stocks and bonds – the choices below allow the asset allocation to be specifically tailored to the needs of the investor.

• Strategic allocation accounts are for investors who want the diversification of a balanced account and who wish to have Rock Point's Investment Committee, comprised of the Portfolio Managers, decide on the allocation between the various asset classes. Equities will generally comprise from 50% to 75% of the total account, with the proportion at any given time dictated by the Investment Committee's views on the relative attractiveness of each class.
• Target accounts are for those investors who wish to participate in the asset allocation decision. Specific asset allocation goals are set by the client in consultation with the Portfolio Manager, and the account is managed so that the representation of the various asset classes remains within the specified range. Asset allocation is reviewed on a regular basis. Clients may also choose to have the equity portion of the account managed with an Appreciation or Yield orientation (see descriptions above).