Objective

The Large-Cap Value folio was developed for investors seeking long-term capital appreciation with higher volatility.

Strategy

The Large-Cap Value folio consists of large-cap companies that appear undervalued based on their price-to-book ratio, in comparison to the overall market. Large-cap companies are defined as having market capitalizations above $11 billion USD.

A value approach seeks to identify companies whose stock prices do not appear to reflect their underlying values. Large-caps typically offer more stability in returns than small- and mid-caps due to their developed product lines, higher cash availability and more tenured management. By investing in stocks that already appear to be out of favor or undervalued, this folio is intended to be less volatile than investing in growth stocks. This folio’s broad diversification may potentially makes it less volatile than large-cap value mutual funds that have more concentrated portfolios.

Last Updated: September 28, 2016

Category: Investment Style
Inception Date: April 05, 2000
Date Funded: August 31, 2009*

Folio S&P 500 Total Return
One-Month 0.2% 0.2%
Three-Month 5.46% 7.21%
Year-to-Date 3.22% 7.99%
One-Year 12.33% 17.8%
Three-Year (Annualized) 8.83% 10.98%
Five-Year (Annualized) 13.96% 15.99%
Since Inception 3.14% N/A
Volatility 15.63% 14.49%

Past performance is no guarantee of future results.
See how returns are calculated

* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.

#SymbolCompanyWeight
(% of Folio)
1ANTManthem inc new3.34%
2BRK.Bberkshire hathaway inc del cl b new3.33%
3DHId r horton inc3.34%
4DHRdanaher corp del3.34%
5ENIAenersis s a adr3.33%
6ERICericsson adr b sek 103.33%
7EXCexelon corp3.33%
8FDXfedex corp3.33%
9FISfidelity natl information svcs com3.33%
10INGing groep n v adr3.34%
11IRingersoll-rand plc3.33%
12LFCchina life ins co ltd adr rep h3.33%
13LVLTlevel 3 communications inc3.33%
14PCARpaccar inc3.33%
15PRGOperrigo co pcl shs3.33%
16QVCAliberty interactive corporation ser a3.33%
17QVCBliberty interactive corporation ser b3.33%
18RAIreynolds american inc com3.33%
19RCLroyal caribbean cruises ltd3.34%
20RSGrepublic svcs inc3.33%
21RTNraytheon co3.33%
22SEPspectra energy partners lp com3.33%
23SHGshinhan finl group co ltd spn adr restrd3.34%
24SNYsanofi sponsored adr adr3.34%
25Tat&t inc com3.33%
26TMUSt-mobile us inc com3.34%
27TRPtranscanada corp ltd3.33%
28TSNtyson foods inc cl a3.33%
29UBSubs group ag shs3.34%
30WBAwalgreens boots alliance inc new3.34%

Steps to Create This Folio

  1. We identified large-cap stocks as those having market capitalizations greater than $11 billion.
  2. We determined the average price-to-book and price-to-earnings ratios in a given sector.
  3. We screened for stocks with low price-to-earnings and price-to-book ratios compared to the sector average.
  4. We ranked these large-cap stocks and targeted the sector weights to be comparable to those of the S&P 500.
  5. We equally weighted all securities in the folio.

Number of Securities

There are generally 30 securities in the folio.

Update Frequency

Quarterly.

If the characteristics of the folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a folio has been updated that you place orders to update your holdings.