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: September 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 8.61% 3.3%
Three-Month 8.82% 3.43%
Year-to-Date 11.89% 13.5%
One-Year 17.57% 19.48%
Three-Year (Annualized) 6.36% 9.85%
Five-Year (Annualized) 13.78% 13.78%
Since Inception 10.32% N/A
Volatility 12.6% 7.7%

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)
1ACHCacadia healthcare company inc new3.34%
2ALair lease corp cl a3.33%
3ALLYally finl inc com3.33%
4AMCamc entmt hldgs inc cl a com3.34%
5ANautonation inc3.34%
6AVALgrupo aval acciones y valores sponsored3.34%
7AXLamerican axle & mfg hldgs inc3.33%
8BIO.Bbio rad labs inc cl b3.33%
9CAAcalatlantic group inc com3.34%
10CNOconseco inc com new3.33%
11DMdominion energy midstream partners lp u3.33%
12EBRcentrais eletricas brasileiras adr3.33%
13ERJembraer sa sp adr new3.33%
14FNBfnb corp pa3.34%
15IGTinternational game tech plc shs usd3.33%
16IIVIii vi inc3.34%
17KFYkorn ferry intl new3.33%
18MDRXallscript misys healtcar solns com3.34%
19MICmacquarie infrastructure co tr sh ben i3.33%
20NEPxtera energy partners lp com unit part i3.34%
21NOMDnomad hldgs ltd usd ord shs3.33%
22NTCTnetscout sys inc3.33%
23PEGIpattern energy group inc cl a3.33%
24PGREparamount group inc com3.33%
25POSTpost holdings inc new3.33%
26SMIsemiconductor mfg intl corp adr3.33%
27TECKteck resources ltd cl b3.33%
28TIVOtivo corp3.33%
29TSGstars group inc new3.34%
30URBNurban outfitters inc3.33%

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.