Enhanced
Cash
GIM’s disciplined approach to fixed income management is long term and risk averse. GIM seeks to deliver attractive risk-adjusted returns by constructing diversified portfolios that have the potential to provide price stability during periods of interest rate volatility.
Highlights
- Investment process guided by diversification, liquidity and low risk
- Benchmarked to the Merrill Lynch 1-3 Year Treasury/ Agency
- Focuses on shorter maturities and seeks to avoid exposure to the long end of the market
- Inception date of December 31, 2001
Portfolio Managers
Stephen J. Mahoney
Portfolio Manager, Taxable Fixed Income
John F. Thomas, CFA
Portfolio Manager, Fixed Income
| As of 12/31/2019 | QTD | YTD | 1 YEAR | 3 YEAR | 5 YEAR | 10 YEAR | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|
| Glenmede Enhanced Cash (Gross) | 0.6% | 3.9% | 3.9% | 2.2% | 1.8% | 1.5% | 2.5% | 12/31/2001 |
| Glenmede Enhanced Cash (Net) | 0.5% | 3.4% | 3.4% | 1.8% | 1.3% | 1.1% | 2.1% | |
| Merrill Lynch 1-3 Yr Treasury/Agency | 0.5% | 3.5% | 3.5% | 1.9% | 1.4% | 1.2% | 2.3% |
Calendar Year Returns
| Glenmede Gross | Glenmede Net | Merrill Lynch 1-3 Yr Treasury/Agency | Gross +/- | |
|---|---|---|---|---|
| 2019 | 3.9% | 3.4% | 3.5% | 0.4% |
| 2018 | 1.7% | 1.3% | 1.6% | 0.1% |
| 2017 | 1.2% | 0.8% | 0.4% | 0.8% |
| 2016 | 1.3% | 0.9% | 0.9% | 0.4% |
| 2015 | 0.8% | 0.4% | 0.6% | 02.% |
| 2014 | 0.8% | 0.4% | 0.6% | 0.1% |
| 2013 | 0.6% | 0.2% | 0.4% | 0.2% |
| 2012 | 0.9% | 0.5% | 0.5% | 0.4% |
| 2011 | 1.7% | 1.3% | 1.6% | 0.2% |
| 2010 | 2.5% | 2.1% | 2.3% | 0.2% |
| 2009 | 2.1% | 1.7% | 1.2% | 0.9% |
| 2008 | 4.9% | 4.5% | 6.8% | -1.9% |
| 2007 | 5.7% | 5.3% | 7.1% | -1.4% |
| 2006 | 4.7% | 4.3% | 4.1% | 0.6% |
| 2005 | 2.1% | 1.7% | 1.7% | 0.4% |
| 2004 | 1.3% | 0.9% | 1.0% | 0.3% |
| 2003 | 2.5% | 2.1% | 2.0% | 0.5% |