Advisor’s Corner

Welcome to Corbyn Investment Management’s Advisor page. It is our goal to provide useful, timely information about Corbyn’s Separately Managed Account program to Fee-only and Fee-based financial professionals. We make it a priority to make ourselves accessible and offer old-fashioned, value-added services to our valued professional partners.

Separately Managed Accounts

Corbyn Investment Management recognizes that each investor has unique financial goals.  Corbyn offers Separately Managed Accounts with reasonable minimum account requirements to Advisors and their clients that are interested in our conservative, value-oriented, “preservation of capital” investment philosophy.  We offer a full spectrum of investment objectives ranging from a capital appreciation focus to very conservative fixed-income accounts.

Strategic Value

The objective of this investment strategy is capital appreciation with some income generation.  To achieve this goal, equity and fixed income holdings may be in fewer, more concentrated positions compared to other Corbyn account types.  This account strategy may also experience a higher rate of turnover and we may invest a portion of the account in “event-driven” equity or fixed-income securities such as workouts and special situations.

Strategic Value Fact Sheet dated September 30, 2018

Capital Appreciation

The objective of this investment strategy is capital appreciation with some income generation.  Capital Appreciation accounts are invested primarily in equity securities, but may also include investments in fixed income securities, primarily below investment grade (high yield) corporate bonds.  The fixed income securities may be capable of providing capital appreciation, but the primary attribute is the generation of attractive fixed income streams.

Capital Appreciation Fact Sheet dated September 30, 2018

Balanced

The objective of this investment strategy is capital appreciation, with income generation an important, but secondary, goal. Balanced accounts are invested in both equity and fixed income securities, including below investment grade (high yield) corporate bonds.  The relative weighting between these security types will vary depending on available investment opportunities and market conditions.  The allocation of equity investments in the portfolio will typically be lower than that of the Capital Appreciation account strategy.

Balanced Fact Sheet dated September 30, 2018

Income Oriented

The objective of this investment strategy is current income generation, along with capital appreciation.  Income Oriented accounts are invested primarily in fixed income securities, including below investment grade (high yield) corporate bonds with either income or capital appreciation potential.  Equity investments will be included; however, they will comprise a smaller portion of the portfolio than a Balanced account strategy.

Income Oriented Fact Sheet dated September 30, 2018

Strategic Income “Plus”

The principal objective of this investment strategy is total return, primarily resulting from current income.  To accomplish this objective, we employ a flexible strategy of investing in fixed income securities, primarily below investment grade (high yield) corporate bonds, but may also include convertible bonds and preferred stocks.  The expected duration of many securities purchased in this strategy will be longer than that of Strategic Income accounts.  Consequently, investors should expect more sensitivity to general market and interest rate moves than the Strategic Income account strategy due to the somewhat longer maturity profile.

Strategic Income “Plus” Composite dated September 30, 2018

Strategic Income

The principal objective of this investment strategy is total return, primarily resulting from current income.  To accomplish this objective, we employ a flexible strategy of investing in fixed income securities, primarily below investment grade (high yield) corporate bonds, but may also include convertible bonds and preferred stocks.  The expected duration of the fixed income securities purchased in this strategy is relatively short so the total returns are less dependent upon general market and interest rate moves.

Strategic Income Fact Sheet dated September 30, 2018

To view the Risks associated with investing in our Separately Managed Account strategies, please click here.

Our Separately Managed Account program offers the ability to customize each account to the specific investment needs of your client with an Advisor fee schedule.  This Advisor Fee Schedule applies to client accounts referred to Corbyn Investment Management by other investment advisors.

Advisor Client Fee Schedule

Account Type Quarterly Charge* Annual Charge
Strategic Value, Capital Appreciation, Balanced, Income Oriented, Strategic Income “Plus” and Strategic Income .175% 0.7%

Minimum initial investment is $500,000.

*Statement is rendered by Corbyn at each quarter’s end, payable in arrears, based on the market value of securities and cash (or equivalents) under management at the end of the quarter.

Please call us at any time for additional information or material regarding Separately Managed Accounts at Corbyn Investment Management.

Corbyn Investment Management Contact Information 410-832-5500

  • Bill White ext. 112
  • Todd Garliss ext. 114

 

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