Lee W. Minton

Provides brokerage services

Minton Investment Management specializes in the active management of structured investment-grade bond portfolios for institutional investors. Their core portfolio strategy is called MIMdex. It can be applied to a specific Index or any custom Index chosen by the client. Market Indexes include, but are not limited to, the Lehman Aggregate, Lehman Govt./Credit and Lehman Long Govt./Credit. MIMdex can also be applied to liability-based custom Indexes. The firm believes that the risk and return characteristics of an assigned Index can be enhanced by the active management of portfolios which accept the duration constraint of the assigned Index for reliability, while simultaneously applying traditional bond management methods to the duration-matched portfolios. This strategy varies the cash flow structure and the credit risk exposure of the portfolio relative to the Target Index. The portfolio holdings are fine-tuned for incremental return. Minton does not time the market or manipulate relative duration. They also do not replicate the cross-section of the Target Index. Portfolios are transparent and liquid with a monthly cash flow option. Investments are primarily in AAA quality securities. Minton's Intermediate Reserve Portfolio Management (IRPM) strategy is a low duration strategy useful where the volatility of market or higher duration Indexes is inappropriate or the time horizon for use of the funds is shorter or less predictable than a pension fund. The portfolio is benchmarked against the Merrill Lynch Corporate & Govt. 1-3 Years Index. Minton believes that active management can enhance the return of a conservative short-term bond portfolio through traditional bond management methods applied within a specific duration range selected to achieve a favorable combination of return and controlled volatility. This strategy targets a duration range of 1.5 to 3 years, averaging 2 years. It varies the credit risk exposure of the portfolio relative to the Target Index. They employ 'Roll down / Roll out' to capitalize on yield curve math. Portfolio holdings are fine-tuned for incremental return. The strategy does not replicate the cross-section of the Target Index nor does it allow bonds to mature when the yield curve is normal.

Functions as a College/University

Provides alternative asset management services