Objective

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

Strategy

The Mid-Cap Value folio consists of companies that appear undervalued based on their price-to-book ratio, in comparison to the overall market. Mid-cap companies are defined as having market capitalizations between $1.7 billion and $11 billion USD.

A value approach seeks to identify companies whose stock prices do not appear to reflect their underlying values. Mid-caps typically offer greater return potential than large established firms and involve less risk than small-caps. By investing in stocks that already appear to be out of favor or undervalued, the folio is intended to be less volatile than investing in growth stocks. The broad diversification of this folio makes it less volatile than mid-cap value funds, which are generally more concentrated portfolios.

Last Updated: May 23, 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 1.56% 2.56%
Three-Month 1.36% -0.03%
Year-to-Date -2.14% 3.02%
One-Year 17.23% 16.22%
Three-Year (Annualized) 6.61% 11.01%
Five-Year (Annualized) 10.08% 12.92%
Since Inception 10.23% N/A
Volatility 13.34% 12.25%

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)
1ALair lease corp cl a3.33%
2ANATamerican natl ins co3.34%
3AQNalgonquin power & utilities co co3.33%
4AXLamerican axle & mfg hldgs inc3.33%
5BBUbrookfield business partners l unit ltd3.33%
6BSMXbanco santander s a b3.33%
7BWPboardwalk pipeline ptnrs lp ut ltd partn3.34%
8CBDcompanhia brasileira de distrb adr3.34%
9CNOconseco inc com new3.33%
10FNSRfinisar corp new3.33%
11ITGRinteger holdings corp new3.34%
12JEFjefferies finl group inc3.33%
13KKRkkr & co l p del com units3.34%
14KLXIklx inc com3.33%
15LPLlg display company ltd. spons adr rep3.33%
16MDRXallscript misys healtcar solns com3.34%
17MGLNmagellan health inc new3.33%
18MTHmeritage homes corp3.34%
19NEXAnexa res s a com3.33%
20NOMDnomad hldgs ltd usd ord shs3.33%
21NTCTnetscout sys inc3.34%
22PEGIpattern energy group inc cl a3.33%
23PGREparamount group inc com3.33%
24RMPrice midstream partners lp unit ltd part3.33%
25RSreliance steel & aluminum co3.34%
26SANMsanmina corporation new3.33%
27TECDtech data corp3.33%
28TSGstars group inc new3.33%
29TWNKhostess brands inc cl a3.33%
30ZNGAzynga inc cl a3.34%

Steps to Create This Folio

  1. We identified mid-cap stocks as those having market capitalizations between $1.7 billion and $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 mid-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.