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: January 18, 2017

Category: Investment Style
Inception Date: 2000-04-05 00:00:00.0
Date Funded: 2009-08-31*

Folio S&P 500 Total Return
One-Month 1.8% 0.77%
Three-Month 9.41% 6.76%
Year-to-Date 2.35% 1.56%
One-Year 24.1% 23.42%
Three-Year (Annualized) 9.08% 9.58%
Five-Year (Annualized) 12.41% 14.08%
Since Inception 3.56% N/A
Volatility 14.1% 12.11%

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.Aberkshire hathaway inc del cl a3.33%
3CCLcarnival corp3.34%
4CSCOcisco sys inc3.33%
5CVScvs health corporation com3.33%
6DALdelta air lines inc del new3.33%
7DHRdanaher corp del3.33%
8EMNeastman chem co3.33%
9FEfirstenergy corp3.33%
10INGing groep n v adr3.33%
11IXorix corp adr3.33%
12JCIjohnson ctls intl plc shs3.34%
13LVLTlevel 3 communications inc3.33%
14MLMmartin marietta matls inc3.34%
15NTTnippon teleg & tel corp adr3.33%
16NWLnewell brands inc3.33%
17PCARpaccar inc3.33%
18PHGkoninklijke philips n v adr new3.34%
19PRGOperrigo co pcl shs3.34%
20PRUprudential finl inc3.34%
21RSGrepublic svcs inc3.33%
22RTNraytheon co3.33%
23SEPspectra energy partners lp com3.33%
24SHGshinhan finl group co ltd spn adr restrd3.34%
25SJMsmucker j m co new3.33%
26SNEsony corp adr new3.33%
27SNYsanofi sponsored adr adr3.33%
28Tat&t inc com3.33%
29TRPtranscanada corp ltd3.34%
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.