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Single Contract Separately Managed Accounts

Single Contract Separately Managed Accounts

A wrap account managed by Seix is a full service investment account currently offered through one of eight different wrap providers. One wrapped fee, charged quarterly by the wrap provider, typically covers the charges for services of the investment manager, account administration, trading commissions, holding custody of the assets and a variety of other services including determining suitability of the product. The wrap sponsor is responsible for all of the foregoing services other than the investment management services. This integral part of our business dates back 20 years and provides investment opportunities to a broader client base than solely institutional investors, with the benefits of institutional fixed income management. Unlike institutional accounts, wrap accounts are not eligible to purchase privately offered securities (144A bonds) and cannot participate in the vast majority of newly issued bond offerings due to the wrap sponsor being in the underwriting syndicate. Starting at a $250,000 minimum ($500,000 for Investment Grade strategies), Seix wrap accounts are utilized by retail, high net worth, ultra high net worth and institutional investors. Seix currently manages four different investment strategies available as wrap accounts—three investment grade and one high yield—which total $2.5 billion in AUM (as of 3/31/17).

Investment Grade

Intermediate Bond – Invests primarily in intermediate-term fixed income securities with an emphasis on investment grade corporate securities. Has the ability to use securitized assets opportunistically.

Core Bond – Invests primarily in intermediate to long-term fixed income securities with an emphasis on investment grade corporate securities. Has the ability to use securitized assets opportunistically.

Enhanced Bond – Core with a strategic allocation to "plus" sectors (high yield).

High Yield

High Yield Bond – Focuses on the healthiest segment of the high yield market (BB and strong B credits).

Investment Grade Resources

Intermediate Bond
Fact Sheet 

z - Cover Image: Intermediate Bond SMA Fact Sheet

Core Bond
Fact Sheet 

z - Cover Image: Core Bond SMA Fact Sheet

Enhanced Bond
Fact Sheet 

z - Cover Image: Enhanced Bond SMA Fact Sheet

Intermediate Bond
Commentary 

z - Cover Image: Intermediate Bond SMA Commentary

Core Bond
Commentary

z - Cover Image: Core Bond SMA Commentary

Enhanced Bond
Commentary

z - Cover Image: Enhanced Bond SMA Commentary

High Yield Resources

High Yield Bond
Fact Sheet 

z - Cover Image: High Yield Bond SMA Fact Sheet

High Yield
Commentary 

z - Cover Image: High Yield Bond SMA Commentary

Sample wrap portfolios are available by request. For more information about the Seix single contract separately managed accounts, contact:

Chris DeGaetano 68x81

Christopher DeGaetano
Client Portfolio Manager
TEL: +1 201 802 2307

Institutional Mandates

Learn more about our Institutional Mandates.