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 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 -0.55% 2.06%
Three-Month -3.41% 2.0%
Year-to-Date -0.17% 7.24%
One-Year 15.53% 19.23%
Three-Year (Annualized) 4.2% 10.41%
Five-Year (Annualized) 14.25% 15.39%
Since Inception 9.8% N/A
Volatility 13.1% 9.67%

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)
1AANaarons, inc. cl a3.33%
2ACHCacadia healthcare company inc new3.34%
3ALLYally finl inc com3.34%
4ANautonation inc3.34%
5ARWarrow electrs inc3.33%
6Bbarnes group inc3.34%
7BIPbrookfield infrast partners lp int unit3.33%
8CAAcalatlantic group inc com3.34%
9CACQcaesars acquisition co cl a3.33%
10CNOconseco inc com new3.33%
11DMdominion energy midstream partners lp u3.33%
12ERJembraer sa sp adr new3.33%
13GFIgold fields ltd new adr3.33%
14GSHguangshen ry ltd adr3.33%
15IBKRinteractive brokers group inc3.34%
16IGTinternational game tech plc shs usd3.34%
17KFYkorn ferry intl new3.33%
18LNCEsnyders-lance inc com3.33%
19MDRXallscript misys healtcar solns com3.33%
20MICmacquarie infrastructure co tr sh ben i3.33%
21NEPxtera energy partners lp com unit part i3.34%
22OSKoshkosh truck corp3.33%
23PEGIpattern energy group inc cl a3.33%
24PGREparamount group inc com3.33%
25POSTpost holdings inc new3.33%
26PRGOperrigo co pcl shs3.34%
27SMIsemiconductor mfg intl corp adr3.33%
28TIVOtivo corp3.34%
29TKCturkcell iletisim hizmetleri adr3.33%
30TWOtwo hbrs invt corp3.33%

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.