Asset Management Group Of Bank Of Hawaii

The Asset Management Group of Bank of Hawaii (AMG) is a department of Bank of Hawaii, a corporation founded in 1897 and registered as an investment adviser with the SEC since April 16, 2001. AMG offers investment advisory services on a discretionary basis to registered investment companies and institutional clients, primarily governmental entities or quasi-governmental agencies with accounts funded by municipal bond proceeds. The firm manages assets totaling $689,026,000 in registered investment companies and $426,025,000 in institutional client accounts as of December 31, 2024. Fees are charged based on the investment strategy, with a minimum annual fee of $10,000 for fixed income portfolios and $5,000 for money-market fund portfolios. AMG does not charge performance-based fees. The firm's investment strategy focuses on capital preservation and low volatility through conservative asset pairing and buy-and-hold strategies. AMG employees are prohibited from trading securities based on material non-public information. The firm does not receive soft dollar benefits and does not engage in principal transactions with clients. Clients may select Bank of Hawaii or another custodian, and AMG has investment discretion over client accounts, implementing changes within ten days of receiving revised instructions. AMG may vote proxies on behalf of clients based on ISS guidelines, prioritizing clients' best interests in case of conflicts.