Symmetry Panoramic Global Equity Fund Class I (SPGEX)

Overview

The fund is designed to provide investors with exposure to a broad range of U.S. fixed income securities. It is structured to hold at least 80% of its net assets in various forms of U.S. debt instruments, including government, agency, and corporate bonds, among others. It aims to diversify its investments not only by type but also geographically, with up to 20% of its assets in foreign issuer securities. This diversification strategy is intended to mitigate risks and potentially enhance returns. The fund's investment choices reflect a focus on generating consistent income while maintaining the flexibility to adapt to changing market conditions.

Products and Services

The fund offers a diversified portfolio of fixed income investments, including:

• U.S. Treasury Obligations: Investments in debt securities issued by the U.S. Department of the Treasury. These are considered among the safest investments, backed by the full faith and credit of the U.S. government.
• U.S. Government and Agency Obligations: Securities issued by various entities of the U.S. government or its agencies. These may offer slightly higher yields than U.S. Treasury securities, with a comparably high level of safety.
• Bank Obligations: Debt instruments issued by banks, such as certificates of deposit (CDs) or bonds. These are typically used by banks for raising funds and may offer attractive yields relative to government securities.
• Corporate Bonds: Bonds issued by corporations to finance their operations and growth. These can range from high-grade (lower risk and lower yield) to high-yield (higher risk and higher yield) offerings.
• Asset-Backed Securities (ABS): Bonds or notes backed by financial assets—typically loans or receivables. These securities allow investors to gain exposure to a wide range of credit assets.
• Mortgage-Related and Mortgage-Backed Securities (MBS): Investments in pools of mortgages. These securities are sensitive to changes in interest rates and the credit quality of the underlying mortgages.
• Commercial Paper: Short-term, unsecured obligations issued by corporations. Commercial paper is a way for companies to obtain quick financing and is considered a higher-yielding alternative to government securities.
• Repurchase Agreements: Short-term borrowing for dealers in government securities. The dealer sells the government securities to investors and agrees to repurchase them at a higher price at a later date.
• Other Debt Obligations and Cash and Cash Equivalents: Additional types of debt instruments and highly liquid investments that can be quickly converted to cash with minimal impact on value. These are used for managing liquidity within the fund.