Tactical Balanced Growth Strategy

Investment Objective

Investment Objective

The Strategy seeks to provide a total investment return in excess of the performance of its benchmark index (the "Index") over the long term.

BENCHMARK: Composite: 50% Russell 3000® Index, 40% Bloomberg Barclays U.S. Aggregate Bond Index, and 10% MSCI EAFE Index

Investment Strategy

Investment Strategy

SSGA actively allocates the Strategy's assets among asset classes (including cash) in order to meet its investment objective.  SSGA will overweight or underweight the Strategy's asset allocation to different asset classes based principally on its analysis of the relative attractiveness of the various asset classes.  SSGA may reallocate the Strategy's assets among asset classes at any time it believes that the reallocation has the potential to increase the Strategy's investment return.  Broad asset class active weights around the custom benchmark for tactical positioning are constrained to +/- 30% for US Equity, +/- 10% Non US Equity, +/- 20% Fixed Income and +/- 20% Cash and Cash Equivalents.

SSGA will typically implement its asset allocation decisions for the Strategy through investments in other investment pools managed by SSGA, exchange traded funds, and exchange traded or OTC derivatives.  SSGA reserves the ability to implement all or any portion of the Strategy through investments directly in equity and fixed income securities and other investments.

SSGA seeks to outperform the benchmark by 50 to 100 bps (on an annualized basis) over the long term, with a targeted tracking error in normal market conditions that will range from approximately 50 to 200 bps.  In certain market conditions the Strategy's tracking error may exceed or fall below this range.  There can be no assurance that the Strategy will achieve that level of performance or will maintain that level of tracking error.


Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes.  Russell 3000® Index is a trademark of Frank Russell Company.

Source: Bloomberg Barclays Indices. ©2018 Bloomberg Finance L.P. and its affiliates. Used with permission.

The MSCI EAFE Index is a trademark of MSCI Inc.

There are risks involved with investing, including possible loss of principal. You should refer to the Strategy's Disclosure Document (SDD) for a complete description of the risks of investing in the Strategy. Please contact SSGA's relationship management team for a copy of the SDD.