Post on 30-May-2015
I N S T I T U T I O N A L T R U S T & C U S T O D Y
Big Bank Capabilities, Mid-Market FocusSM
Investment Management
We deliver the superior service and financial resources of
U.S. Bank — the nation’s sixth-largest financial institution*
— through an experienced investment team based near
you. It’s a combination of investment opportunity and
local service that you won’t find anywhere else.
Whether you’re managing liquid cash reserves or investing
a diversified portfolio, we’ll partner with you to achieve
your objectives.
Unlimited opportunities.
Objective recommendations.
U.S. Bank has a fiduciary heritage that dates back to
1853. This fiduciary responsibility governs our entire
investment management philosophy.
It’s why we provide an open architecture environment,
where you and your portfolio manager have a full range
of investment options available to you.
And it’s why we focus as much on managing risk and
maintaining diversification as we do on striving to meet
or exceed your return benchmarks.
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At U.S. Bank Institutional Trust & Custody, we are trusted
investment advisors to corporations, municipalities, foundations,
endowments, Taft-Hartley plans and insurance companies,
managing more than $65 billion in assets for our clients.
U.S. Bank Institutional Trust & Custody• Fiduciarysince1853• Independent,objectiveinvestment
advisoryservices• Openinvestmentarchitecture• Riskmanagementanddiversification
performancemeasures• Short-termcashmanagement• Intermediate/longdurationfixedincome• Equitymanagement
A full range of account management services• Retireebenefitplans• Foundations,endowments,benefitplans• Publicfunds• Taft-Hartleyfunds
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Our 180-person portfolio manager staff has a high level of tenure
and industry experience.
Local investment guidance
With today’s investment technology, money
can be managed from any location. But when
it comes to client service, there’s no substitute
for proximity.
That’s why we put institutional portfolio
managers near our clients in 31 offices coast
to coast.
Close to you and connected to Wall Street,
your portfolio manager provides:
Dedicated attention•
Face-to-face meetings to discuss •
investment performance
A better understanding of your business•
Ability to meet with you on site•
An experienced investment team
You’re served by a team of experienced
institutional banking and investment
professionals:
Your relationship manager coordinates •
investment management and account
management.
Your portfolio manager has primary •
responsibility for investment decisions.
Your account manager oversees day-to-•
day account details and legal and
compliance matters.
In turn, your investment team is supported
by our equity and fixed-income analysts and
a full complement of institutional trust and
custody expertise and resources.
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Rigorous, objective due diligence
and monitoring
Weteamwithourinternalpartners—
U.S.BankPrivateAssetManagementand
FAFAdvisors—tosystematicallyanalyze
eachelementofyourportfolio,usingboth
quantitativeandqualitativeresearch.
And,wepartnerwithPrimaCapital
Management,Inc.tomonitorand
recommendmoneymanagersforour
separatelymanagedaccountclients.Prima
isanindependentduediligencefirmwell
knownforitsobjectiveresearchand
unbiasedanalysisofequityproducts.
You and your staff are integral partners throughout the investment process, from establishing portfolio management objectives to evaluating results.
Throughout our entire investment process, we’ll provide clear, frequent communication through the communication venues of your choice, from face-to-face meetings and formal presentations to email.
STEP 1: Establish investment objectivesThe first step in our investment process is to ensure that we fully understand your investment objectives. We’ll work within the parameters of your existing investment policy statement or we’ll prepare an investment policy statement with you. Key investment considerations
will include:
Time horizon•
Target rate of return•
Risk profile•
Cash flow and liquidity needs•
Investment constraints•
Tax profile•
STEP 2: Implement investment strategy
We use asset allocation and other strategies to manage risk across market and economic conditions.
Along with our recommendations, we will provide you with a hypothetical simulation of the portfolio to approximate its historical risks and rewards relative to your established benchmarks.
We’ll seek your input at the strategy and individual security levels to ensure that every aspect of the portfolio
meets your organization’s objectives.
A collaborative relationship.
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STEP 3: Monitor your portfolio
We continually review your portfolio to
monitor it’s performing to acceptable standards
based on your benchmarks. We will:
Ensure that your needs and objectives •
have not changed.
Modify asset allocation as investment •
objectives change.
Realign the portfolio regularly to its •
original asset allocation.
Review underlying investment vehicles •
for style, asset class and manager
performance.
STEP 4: Evaluate results
Needs and market conditions change;
rarely are they ever static. We’ll review your
investment policy statement with you at
least on an annual basis and evaluate the
investment results against the benchmarks.
A full range of investment choices
Withouropenarchitecturestructure,youand
yourportfoliomanagercanobjectivelyselectthe
rightsecuritiesforyourportfoliofromabroad
selectionofassets:
Investment vehicles• Individualsecurities,mutualfunds,separately
managedaccounts,exchange-tradedfunds,
privateplacements
Fixed income• Fullrangeofdomesticandinternationalissues• Diversematuritiesandcreditqualityratings
Equities• Fullrangeofdomesticandinternationalissues• Growth,valueandcoreinvestmentstyles• Activeandpassivestrategies
Cash• Treasuries,CDs,moneymarketinstruments
Alternate investments• Hedgefunds• Customizedstructurednotes• Privateequity• Commodities
Our investment process
1. Establish investment objectives: What is your primary long-term goal?
2. Implement investment strategy: How will your portfolio be structured?
4. Evaluate results: Is your portfolio meeting your investment needs?
3. Monitor your portfolio: Is your portfolio performing consistently with your expectations?
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Online account access
U.S. Bank clients — along with their investment
managers, consultants and other partners
— enjoy secure, user-friendly, 24/7 access to
investment information through the Internet.
Using our TrustNow products, you receive:
Real-time account access•
As-of, customizable reporting•
Data downloads•
Online statement delivery•
Scheduled report delivery•
Performance reporting•
Performance reporting
For clients looking to analyze their asset
returns, we provide a sophisticated analytical
and reporting system, Performance Monitor,
along with a dedicated division of professionals
trained to review data for accuracy.
Detailed, graphically enriched reports include:
Total fund, composite, manager, asset •
class, sector and security
More than 70 sector and 300 •
index choices
Performance over multiple periods•
Risk management statistics•
Attribution and benchmarketing analysis•
Returns, both gross and net of fees•
Accurate information is critical for good decision making. U.S. Bank
provides you with the information and analysis tools to help you assess
the relative merits of your investments and investment managers.
You’ll stay informed.
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To learn more, please contact your U.S. Bank Institutional Trust & Custody
representative or call us at 866-681-5052.
Realize the benefits of a U.S. Bank relationship.
Ensure that your organization benefits from
objective, experienced investment guidance.
As a U.S. Bank Institutional Trust & Custody
investment client, you will receive:
A full range of investment opportunities•
Objective investment recommendations•
Exceptional service from an experienced •
team, based in your community or region
A collaborative investment relationship•
Sophisticated technology to monitor your •
portfolio and measure your performance
The strength and stability of U.S. Bank•
BigBank Capabilities, Mid-Market FocusSM
As the nation’s sixth-largest financial institution*, with more than 100 years of trust and custody experience, U.S. Bank provides
the financial resources and services of a leading national bank – with a difference. We focus on tailoring these capabilities to
fit the unique needs of the middle market. Unlike some large custodians, U.S. Bank does not solely target our services toward
very large relationships. We have the capabilities, experience and expertise to provide creative and effective solutions specifically
designed for mid-market portfolios.
For more information, please contact your U.S. Bank Institutional Trust & Custody representative.
You also may call us at 866-681-5052 or log onto our Web site at usbank.com/itc.
866-681-5052usbank.com/itc
* Source: U.S. Bancorp 2007 Annual Report
U.S. Bank National Association is a wholly owned subsidiary of U.S. Bancorp. U.S. Bank Institutional Trust & Custody is a division of U.S. Bank National Association that focuses on trust, custody, investment and retirement services to institutional clients. Its product offerings include institutional trust and custody services for accounts holding assets for qualified retirement plans, non-qualified deferred compensation plans, non-profits and insurance companies.
U.S. Bank and its representatives do not provide tax or legal advice. Each individual’s tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.
Investment products are not deposits or obligations of, or guaranteed by U.S. Bank or any of its affiliates, nor are they used by the Federal Deposit Insurance Corporation, or any other government agency. Any investment involves investment risk, including possible loss of principal.
Past performance is no guarantee of future results. All information has been obtained from sources deemed to be reliable, but is not guaranteed as to accuracy or completeness. It is not intended to provide specific advice or to be construed as an offering of securities or recommendation to invest. Investors should consult their investment professional for advice or information concerning their particular financial situation.
FAF Advisors, Inc. is a registered investment advisor and subsidiary of U.S. Bank National Association and serves as the Investment Advisor to the First American Funds. The First American Funds are distributed by Quasar Distributors, LLC, an affiliate of U.S. Bancorp.
Copyright © 2009 U.S. Bank 11/2007 7012-03