|Home||Our Products||Prices and Performance||Insights||Planning||Forms and Literature||Sales Center|
Gregg Hrivnak, managing director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Columbus, Gregg is a portfolio manager for the U.S. Value Driven team and is responsible for managing institutional taxable bond portfolios. An employee since 1989, Gregg was previously a fixed income research analyst for the Columbus Taxable Bond Team responsible for asset-backed securities. Prior to joining the firm, Gregg was an accountant for The Limited, Inc. and also held accountant positions at The Ohio Company and Nationwide Insurance. Gregg holds a B.S. in business from Franklin University and is a CFA charterholder.Education
Richard Figuly, executive director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Columbus, Rick is a portfolio manager for the U.S. Value Driven team and is responsible for managing institutional taxable bond portfolios. An employee since 1993, Rick previously served as a fixed income trader trading all taxable fixed income securities while specializing in structured products. Prior to joining the firm, Rick was a fiduciary tax accountant at the Bank One Ohio Trust Company. Rick is also a retired Major of the Ohio Army National Guard. He holds a B.S. in finance from The Ohio State University.Education
The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines. Ordinarily the Fund will invest at least 80% of its total assets in bonds including U.S. treasury and U.S government agency obligations, corporate bonds, asset-backed, mortgage-backed, mortgage-related, and structured securities. The Fund may invest up to 5% of its assets in "sub-prime" mortgage-related securities. The risk of defaults is generally higher in the case of mortgage-backed investments that include so-called "sub-prime" mortgages. The structure of some of these securities may be complex and there may be less available information than other types of debt securities. The Fund may invest in futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.