Our investment process is a blend of macroeconomic analysis and fundamental, value oriented research of individual securities. Hager Investments generally does not use mutual funds, annuities and other third party financial products. Each portfolio is carefully tailored in terms of asset allocation ranges within the broad asset classes of equity, fixed income and cash reserves. These asset allocation ranges are developed in consultation with clients to establish appropriate investment objectives and risk tolerances based on each client’s unique circumstances. The exposure of portfolios to the asset class ranges is derived from an assessment of the investment return potential of the respective classes based on macroeconomic analysis over an intermediate investment horizon.