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: 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 0.76% 0.77%
Three-Month 4.41% 6.76%
Year-to-Date 0.5% 1.56%
One-Year 37.75% 23.42%
Three-Year (Annualized) 5.07% 9.58%
Five-Year (Annualized) 11.73% 14.08%
Since Inception 10.05% N/A
Volatility 17.78% 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)
1AERaercap holdings nv shs3.33%
2AGOassured guaranty ltd3.33%
3ALBalbemarle corp3.33%
4AQNalgonquin power & utilities co co3.33%
5BKFSblack knight finl svcs inc cl a3.33%
6BPOPpopular inc3.33%
7CAAcalatlantic group inc com3.34%
8CACQcaesars acquisition co cl a3.33%
9CSLcarlisle cos inc3.33%
10DMdominion midstream partners lp com ut re3.33%
11ENDPendo intl plc3.34%
12FCNfti consulting inc3.33%
13GMEgamestop corp new cl a3.33%
14GSHguangshen ry ltd adr3.33%
15HAINhain celestial group, inc3.33%
16IBKRinteractive brokers group inc3.34%
17LDOSleidos hldgs inc3.33%
18LPNTlifepoint health inc3.33%
19MNKmallinckrodt pub ltd co new3.34%
20NYLD.Anrg yield inc cl a new3.33%
21OSKoshkosh truck corp3.33%
22PGREparamount group inc com3.34%
23POSTpost holdings inc new3.33%
24QRVOqorvo inc new3.34%
25QVCAliberty interactive corporation ser a3.34%
26RBCregal beloit corp3.34%
27SINAsina com ord3.33%
28SMIsemiconductor mfg intl corp adr3.33%
29SUNsunoco lp units rep lp3.34%
30VSTOvista outdoor inc com3.34%

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.