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: December 2, 2016

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 2.74% 4.75%
Three-Month -1.52% 1.09%
Year-to-Date 17.21% 9.44%
One-Year 12.0% 7.71%
Three-Year (Annualized) 4.67% 9.05%
Five-Year (Annualized) 11.97% 14.41%
Since Inception 9.86% N/A
Volatility 18.17% 13.86%

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 a3.34%
2AGOassured guaranty ltd3.33%
3AMCamc entmt hldgs inc cl a com3.34%
4AMSGamsurg corp cl a3.33%
5ARWarrow electrs inc3.34%
6AVALgrupo aval acciones y valores sponsored3.33%
7CAAcalatlantic group inc com3.34%
8CPScooper std hldgs inc com3.33%
9CSLcarlisle cos inc3.33%
10ELPcompanhia paranaense energ cop adr pfd3.33%
11ENDPendo intl plc3.34%
12FBRfibria celulose s a sp adr rep com3.33%
13FCNfti consulting inc3.33%
14FLIRflir sys inc3.33%
15FSLRfirst solar inc com3.33%
16GSHguangshen ry ltd adr3.33%
17GZTgazit globe ltd shs3.34%
18HAINhain celestial group, inc3.33%
19IBKRinteractive brokers group inc3.34%
20LPNTlifepoint health inc3.34%
21LVNTAliberty ventures ser a new3.33%
22PGREparamount group inc com3.33%
23POSTpost holdings inc new3.33%
24QRVOqorvo inc new3.33%
25RBCregal beloit corp3.34%
26SANMsanmina corporation new3.33%
27SMIsemiconductor mfg intl corp adr3.33%
28SUNsunoco lp units rep lp3.34%
29TDStelephone & data sys inc3.33%
30VSTOvista outdoor inc com3.33%

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.