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 19, 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 2.8% 3.52%
Three-Month 0.68% 2.68%
Year-to-Date 10.03% 13.61%
One-Year 18.92% 19.62%
Three-Year (Annualized) 7.53% 9.91%
Five-Year (Annualized) 12.67% 13.77%
Since Inception 3.87% N/A
Volatility 9.5% 7.69%

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)
1AGRavangrid inc com3.33%
2BACbank of america corporation3.33%
3CCLcarnival corp3.33%
4CFGcitizens finl group inc com3.33%
5CSCOcisco sys inc3.33%
6CVScvs health corporation com3.33%
7ENBenbridge inc3.33%
8EVHCenvision healthcare corp com3.34%
9EXCexelon corp3.33%
10FDXfedex corp3.33%
11GEgeneral elec co3.33%
12GMgeneral mtrs co com3.33%
13INFOihs markit ltd shs3.33%
14INTCintel corp3.33%
15IXorix corp adr3.33%
16JCIjohnson ctls intl plc shs3.34%
17KHCkraft heinz co com3.33%
18LENlennar corp3.34%
19MGMmgm resorts international com3.34%
20MTUmitsubishi ufj finl group inc sponsored3.34%
21MYLmylan n v shs euro3.33%
22NWLnewell brands inc3.33%
23PHGkoninklijke philips n v adr new3.33%
24SHPGshire plc adr3.34%
25SMFGsumitomo mitsui finl group inc sponsored3.34%
26Tat&t inc com3.34%
27TXTtextron inc3.33%
28VALEvale s a adr doce sponsored adr3.33%
29WBAwalgreens boots alliance inc new3.34%
30WPZwilliams partners l p new unit ltd par3.34%

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.