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This general information pertains to the manager responsible for the day-to-day management of the portfolio(s) available through Pacific Life's variable products and the information presented may not relate specifically to the available portfolio(s). The information is provided by and used with the permission of this manager.
About Eaton Vance
Eaton Vance provides investment solutions to individuals and institutions, guided by the principles of fiduciary responsibility and deep experience.
Since its founding in 1924, Eaton Vance has held fast to Charles Eaton’s belief that “a well-rounded investment management organization is not engaged in a guessing game with other people’s money. It is doing a highly specialized professional job, endeavoring to apply knowledge, judgment and decisiveness in action.”
Principles of Investing
Throughout their history, Eaton Vance Management’s investment teams have followed accepted, time-tested principles of investing that emphasize avoidance of unnecessary risk and the pursuit of consistent, long-term returns.
Discipline
Each of their offerings is based on a well-reasoned investment philosophy and the consistent application of a disciplined, repeatable investment process. Their long-term approach helps position their investment managers to capitalize on the inevitable overreactions of short-term investors, while also seeking to minimize losses to trading and, where appropriate, taxes.
Research
In-depth fundamental analysis is the primary basis for their investment decision making. They employ career research analysts across multiple investment disciplines, who seek to add value to client portfolios by developing comparative advantages in terms of knowledge and information about the market sectors they follow, as well as through application of investment judgment.
Risk Management
Portfolios are constructed one security at a time, based on an evaluation of the portfolio impact and return potential of every investment. They manage risk through detailed securities analysis, careful portfolio construction and management, and by maintaining broad diversification. In managing portfolios, they adhere to established investment disciplines and maintain a consistent focus on risk management and, where appropriate, tax management.
Results
The soundness of their investment approach and the capability of their investment teams are reflected in the performance results they have achieved for clients over the long term.
Portfolios Managed
Pacific Select Fund
Data as of December 31, 2009
Floating Rate loans involve greater risk of default on interest and principal payments or price changes due to changes in credit quality of the issuer.
Although some portfolios may have names or investment objectives that resemble retail mutual funds managed by the portfolio manager, these portfolios will not have the same underlying holdings or performance as the retail mutual funds.
You should carefully consider a variable life insurance product’s risks, charges, limitations and expenses, as well as the risks, charges, expenses and investment objectives of the underlying investment options. The accompanying product and underlying fund prospectuses contain this and other information about Pacific Life. Read them carefully before investing or sending money.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York, and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues, and its product and rider guarantees are backed by that company’s financial strength and claims-paying ability.
Pacific Select Fund portfolios are available only through Pacific Life's variable insurance products.
CWEB-L-NY-49
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