An investment firm built on experience
TruStage Investment Management invests premiums from our insurance products and services to support the company’s ability to pay policyholder claims. TruStage Investment Management has more than $29 billion of General Account assets under management (AUM) for CMFG Life Insurance Company and other subsidiaries and affiliates of TruStage Financial Group as of December 31, 2023.
Investment strength for long-term growth
TruStage Investment Management’s investment philosophy is centered on the belief that incremental value can be added through both security and sector selection, coupled with rigorous internal credit approval and underwriting processes. TruStage Investment Management’s objective is to produce strong and consistent levels of risk-adjusted net investment income and competitive total returns through market cycles, while strictly controlling risk and protecting surplus. Our investment strategy focuses on preserving principal while providing income and competitive returns through interest rate and credit cycles. Our investment returns provide value to customers as well as enabling strategic growth for the company.
TruStage Investment Management manages a combination of:
- Commercial mortgage loans
- Infrastructure and U.S. dollar emerging market debt
- Limited partnerships
- Municipal bonds
- Public and private investment grade and high yield corporate bonds
- Preferred securities
- Stocks
- Structured securities
- U.S. treasury / agency / foreign government
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TruStage Investment Management Commercial Mortgages & Real Estate Group is responsible for investing on behalf of CMFG Life Insurance Company and select third-party investors. We support TruStage’s various lines of insurance and financial products by originating high-debt positions in Commercial Real Estate. Our real estate professionals possess in-depth market knowledge and have developed strong relationships within the industry. Commercial mortgages are originated through a national network of mortgage banking correspondents. We offer competitive spreads for a variety of property types including retail, office, multifamily, and industrial. The loan program also accepts proposals for self-storage, student housing, manufactured housing, mixed-use, and parking structures on a case-by-case basis.
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Our investment structure brings a high level of autonomy to be efficient and responsive throughout the process. Key decision-makers are included in the early stages of the origination process, providing surety of execution and enhanced flexibility. We accept loan requests between $3 and $35 million and offer a variety of prepayment structures and a forward funding program. Our closing process is straightforward and helps ensure that due diligence is completed in a timely manner. We use our own in-house counsel during the commitment process and work with a network of seasoned, local attorneys to expedite the loan closing process. We understand that real estate is a relationship business and we value our professional network. This understanding results in close, long-term partnerships with our correspondents and repeat borrowers. We provide quick turnaround times for quotes and loan approvals, and lock-in rates at application prior to deal approval and third-party report receipt.
Experience builds success
TruStage Investment Management has achieved historically strong investment outcomes due to its well-diversified portfolio and disciplined investment philosophy with an experienced team. Our investment professionals possess extensive expertise across various fixed-income sectors and maintain long-standing relationships with dealers and sponsors, managing a continuous stream of investment opportunities. The leadership team at TruStage Investment Management shares a collective tenure of over 16 years with the firm and average 31 years of industry experience.