intermediate term investment objective

Intermediate term investment objective


Of or relating to an investment with an expected holding period somewhere between short-term and long-term. For bonds, collectibles, and real estate, intermediate-term usually refers to a holding period that ranges between one and seven years. For stocks, intermediate-term indicates a somewhat shorter period of six months to several years. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. ICI informs its visitors that we use cookies on our web site. ICI only uses cookies to allow subscribers and members to more easily use our site and to record site utilization. The changes will occur at a more detailed level, affecting the data at the composite investment objective and investment objective levels. You need to think about your goals. Once you have done that, investment selection is based on the amount of time you have until the goal must be funded. As the funding date approaches, assets are shifted to move conservative investments to reduce the risk of market-related losses derailing your strategy. Advisor has contractually agreed to waive certain fees and/or assume certain expenses of the Portfolio. Unless otherwise stated in the prospectus, the Advisor may amend or discontinue the waivers at any time, one year from the date of the prospectus. The net expense ratio reflects the total annual fund operating expenses of the Portfolio after taking into account any such fee waiver and/or expense reimbursement arrangements. A downgrade to an issuer’s credit rating or a perceived change in an issuer’s financial strength may affect a security’s value, and thus, impact the Intermediate-Term Municipal Bond Portfolio’s performance. Portfolio become taxable to shareholders due to noncompliant conduct by a municipal bond issuer, unfavorable changes in federal or state tax laws, or adverse interpretations of tax laws by the Internal Revenue Service or state tax authorities or other factors.