Portfolio Characteristics

BEC manages two families of diversified investment portfolios, including our endowment-style Global Portfolios and our recently-launched Traditional Portfolios. Each BEC Portfolio is designed to provide a different risk/return profile to meet the unique investment objectives and risk tolerance of an individual client. The portfolios are constructed around a long-term strategic asset allocation strategy using a diverse basket of ETFs that provide targeted global exposure to equities, fixed income, and liquid alternative assets. Each portfolio is managed with the objective to maximize after-tax, after-fee investment returns while actively managing risk by using a tactical asset allocation approach to optimize exposure by asset class, geography, sector and market capitalization. Important attributes of BEC portfolios include:


  • Global, multi-asset investment strategy
  • Designed to meet fiduciary standards
  • Reduced portfolio volatility
  • Improved portfolio transparency
  • Full portfolio liquidity
  • Daily performance reporting
  • Tax efficiency/Low turnover
  • Low all-in investment cost
  • Separate account implementation

BEC Global Portfolios

Our BEC Global Portfolios offer exposure to four primary asset classes: domestic equity, international equity, global fixed income, and liquid alternatives. All of our portfolios are diversified across asset classes, geographies, market capitalizations, industry sectors, and style, and our exposure to each primary asset class is governed by strict policy ranges.

Global Equity Policy Ranges

Domestic Equity35-65 %
International Equity25-60 %
Liquid Alternatives0-15 %

Assets Classes3
Sub-sectors15
ETF holdings15-25

Global Growth Policy Ranges

Domestic Equity30-60 %
International Equity20-60 %
Global Fixed Income10-30 %
Liquid Alternatives0-15 %

Assets Classes4
Sub-sectors22
ETF holdings20-35

Global Balanced Policy Ranges

Domestic Equity20-50%
International Equity15-45%
Global Fixed Income20-40%
Liquid Alternatives0-15%

Assets Classes4
Sub-sectors22
ETF holdings20-35

Global Growth & Income Policy Ranges

Domestic Equity10-40%
International Equity10-35%
Global Fixed Income40-70%
Liquid Alternatives0-15%

Assets Classes4
Sub-sectors22
ETF holdings20-35

BEC Traditional Portfolios

Our BEC Traditional Portfolios offer exposure to three primary asset classes: domestic equity, international equity, and domestic fixed income. All of our portfolios are diversified across asset classes, geographies, market capitalizations, industry sectors, and style, and our exposure to each primary asset class is governed by strict policy ranges.

Traditional Equity Policy Ranges

Domestic Equity60-90%
International Equity10-30%

Assets Classes2
Sub-sectors12
ETF holdings12-20

Traditional Growth Policy Ranges

Domestic Equity50-80%
International Equity10-25%
Domestic Fixed Income10-30%

Assets Classes3
Sub-sectors18
ETF holdings15-25

Traditional Balanced Policy Ranges

Domestic Equity35-70%
International Equity5-20%
Domestic Fixed Income20-50%

Assets Classes3
Sub-sectors18
ETF holdings15-25

Traditional Growth & Income Policy Ranges

Domestic Equity30-50%
International Equity5-15%
Domestic Fixed Income40-60%

Assets Classes3
Sub-sectors18
ETF holdings15-25