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: June 15, 2018

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 0.17% 2.75%
Three-Month -3.04% 1.67%
Year-to-Date -5.02% 4.92%
One-Year 0.29% 16.52%
Three-Year (Annualized) 4.29% 12.38%
Five-Year (Annualized) 9.42% 13.64%
Since Inception 3.64% N/A
Volatility 10.97% 12.44%

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)
1AAalcoa corp com3.34%
2AGNallergan plc shs3.34%
3BHGEbaker hughes a ge co cl a3.33%
4BIPbrookfield infrast partners lp int unit3.33%
5CAJcanon inc adr3.34%
6CCLcarnival corp3.34%
7CUKcarnival plc adr adr3.33%
8DHId r horton inc3.34%
9DHRdanaher corp del3.33%
10ETEenergy transfer equity l p com ut ltd pt3.34%
11EXCexelon corp3.33%
12Fford mtr co del par $0.013.33%
13GLWcorning inc3.33%
14KBkb financial group inc sponsored adr ad3.33%
15KOFcoca-cola femsa s a b de c v adr rep l3.33%
16KSUkansas city southn inds inc3.33%
17Lloews corp3.33%
18MUFGmitsubishi ufj finl group inc ads3.34%
19NOKnokia corp adr3.33%
20PKXposco adr3.33%
21PRUprudential finl inc3.33%
22QRTEAqurate retail inc qvc gr com ser a3.33%
23QRTEBqurate retail inc qvc gr com ser b3.34%
24RTNraytheon co3.33%
25SHPGshire plc adr3.34%
26SKMsk telecom ltd adr3.33%
27SMFGsumitomo mitsui finl group inc sponsored3.34%
28TAPmolson coors brewing co cl b3.33%
29TRIthompson reuters corp com3.33%
30ZBHzimmer hldgs inc3.33%

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.