The Lewer Companies

LLIC Fixed Income Investment Advisor, Commerce Trust, Wins Prestigious Lipper Award

Lewer Life Insurance Company is pleased to announce that Lipper, a leading provider of mutual fund information, analytical tools and commentary, has given Commerce Investment Advisors, Inc. its highest rating in the Best Fixed Income Small Fund Group. Commerce Investment Advisors took the top spot out of 67 qualified companies in this category receiving an asset class group award1. Scott Colbert, Director of Fixed Income Management, The Commerce Trust Company and Commerce Investment Advisors, Inc., accepted the honor March 20, 2014 at an awards ceremony in New York.

According to a news release dated March 21, 2014, Fund groups with at least five equity, five bond, or three mixed-asset portfolios in the respective asset classes are eligible for a group award. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group determines the asset class group award winner of the three-year period. The small fund group category must have at least three distinct portfolios in one of the asset classes – equity, bond, or mixed-asset. The threshold for determining large and small companies is $50.7 billion as of 11/30/13.

“This recognition provides further evidence that Commerce Investment Advisors and its Fixed Income group continue to deliver strong nominal and relative performance,” Colbert said upon accepting the award. “I attribute our success over time to our focus on maximizing risk-adjusted return and our position as a money management arm within a high-quality bank. I believe it’s our credit work and the ability to identify value in various fixed income sectors that really distinguishes us on a relative basis over this time period and that has allowed us to work our way into the top percentile rankings.”

“Scott and his team have managed LLIC’s fixed income bond portfolio since December 2006,” said Mike Lewer. “The LLIC board of directors have enjoyed working with Scott and his team through the years and fully understand how deserving they are of receiving this prestigious award for the second consecutive year.”
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The Lewer Companies