In your role as the VP of Portfolio Management, you feel your firm is too focused on equity and equity-like funds, as opposed to offering fixed income investment opportunities. Your goal is to create fixed income portfolios that are complimentary to your firms equity-based portfolios.

Based on your understanding of your firms equity-based portfolios, propose two (2) new, fixed income funds that would help round out your firms fund offerings.

Choose any combination among:

Active vs. Passive

Private vs Public ( and then Municipal vs Treasury)

Investment Grade vs Non Investment Grade/Junk

Term-focused vs Term-diversified

Justify your two portfolio options.