NEW JERSEY MUNI PORTFOLIO
Mutual Fund

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PHILOSOPHY
Glenmede believes that an active, disciplined approach to the management of fixed income securities can provide superior returns while minimizing risks.

INVESTMENT STRATEGY
Glenmede portfolios are managed to seek to achieve:

▪  Price stability within the appropriate risk
   tolerances

▪  High credit quality and liquidity

▪  Added value through individual security and
   sector selection, not interest rate forecasting
 

MANAGEMENT
▪  Competitive bidding ensures the best price

▪  Special situations

▪  Rigorous credit quality analysis

▪  Broad, extensive relationships with regional and
   national broker-dealers

INVESTMENT PROCESS

Michael Crow