Objective

The Price-to-Book folio is designed for investors seeking moderately aggresive capital appreciation in return for moderate aggressive volatility.

Strategy

The Price-to-Book folio is constructed from the largest 100 companies with the lowest price-to-book ratio, utilizing the principles of fundamental investment analysis.

The price-to-book ratio (P/B) is a means of valuing a company. It is calculated by dividing the stock price by the company’s current book value per share. Low price-to-book ratios may mean that the company stock is cheap relative to the liquidation values of its assets.

Last Updated: September 29, 2016

Category: Fundamental
Inception Date: September 22, 2008
Date Funded: August 31, 2009*

Folio S&P 500 Total Return
One-Month -1.53% -1.16%
Three-Month 5.5% 4.42%
Year-to-Date 2.22% 6.98%
One-Year 7.49% 16.66%
Three-Year (Annualized) 1.51% 10.64%
Five-Year (Annualized) 9.35% 15.58%
Since Inception 3.02% N/A
Volatility 18.78% 14.52%

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)
1AAPLapple inc com1.73%
2AEGaegon n v ord amer reg0.45%
3AGNallergan plc shs1.07%
4AIGamerican intl group inc1.25%
5AMGNamgen inc0.42%
6AVaviva plc adr0.41%
7BABAalibaba group hldg ltd sponsored ads0.38%
8BACbank of america corporation3.47%
9BAMbrookfield asset mgmt inc cl a ltd vt sh0.80%
10BCSbarclays plc adr1.50%
11BKbank of new york mellon corp0.54%
12BLKblackrock inc cl a0.43%
13BMObank montreal que0.44%
14BNSbank nova scotia halifax0.61%
15BPbp plc adr1.47%
16BPYbrookfield ppty partners l p unit0.46%
17BRK.Aberkshire hathaway inc del cl a3.85%
18BUDanheuser busch inbev sa/nv adr0.68%
19Ccitigroup inc3.06%
20CBchubb limited new0.62%
21CEOcnooc ltd adr0.92%
22CHAchina telecom ltd spon adr h shares0.73%
23CHLchina mobile limited adr2.21%
24CHUchina unicom ltd adr0.55%
25CMCSAcomcast corp new class a0.80%
26COFcapital one finl corp0.69%
27COPconocophillips0.60%
28CScredit suisse group adr0.70%
29CSCOcisco sys inc0.88%
30CVScvs health corporation com0.55%
31CVXchevron corp new2.29%
32DCMntt docomo inc spons adr0.73%
33DISdisney walt co disney0.70%
34DUKduke energy corp new com0.59%
35Eeni s p a adr0.89%
36ETPenergy transfer prtnrs lp unit ltd partn0.40%
37EXCexelon corp0.41%
38Fford mtr co del par $0.010.43%
39FBfacebook inc cl a0.66%
40GEgeneral elec co1.37%
41GMgeneral mtrs co com0.60%
42GOOGalphabet inc cap stk cl c1.80%
43GOOGLalphabet inc cap stk cl a1.80%
44GSgoldman sachs group inc1.11%
45HMChonda motor ltd amern shs1.00%
46HPEhewlett packard enterprise co new0.48%
47HPQhewlett packard co0.41%
48INGing groep n v adr0.75%
49INTCintel corp0.92%
50JNJjohnson & johnson1.06%
51JPMj p morgan chase & co3.29%
52KHCkraft heinz co com0.86%
53KKRkkr & co l p del com units0.71%
54KMIkinder morgan inc del com0.53%
55LFCchina life ins co ltd adr rep h0.78%
56LYGlloyds banking group plc0.78%
57MDLZmondelez intl inc cl a0.42%
58MDTmedtronic plc shs0.78%
59METmetlife inc1.01%
60MFCmanulife finl corp0.46%
61MPLXmplx lp com unit rep ltd0.51%
62MRKmerck & co inc0.66%
63MSmorgan stanley new1.04%
64MSFTmicrosoft corp1.18%
65MTUmitsubishi ufj finl group inc sponsored2.02%
66NTTnippon teleg & tel corp adr1.49%
67NVSnovartis a g adr1.15%
68ORANorange sponsored adr adr0.55%
69ORCLoracle corp0.70%
70PFEpfizer inc0.97%
71PGprocter & gamble co0.92%
72PNCpnc financial services group0.63%
73PRUprudential finl inc0.62%
74QCOMqualcomm inc0.45%
75RBSroyal bk scotland group plc sp adr rep s1.23%
76RDS.Aroyal dutch shell plc spons adr a3.02%
77RIOrio tinto plc adr0.66%
78RYroyal bk cda montreal que0.73%
79SHGshinhan finl group co ltd spn adr restrd0.43%
80SLBschlumberger ltd0.53%
81SMFGsumitomo mitsui finl group inc sponsored1.49%
82SNEsony corp adr new0.43%
83SNYsanofi sponsored adr adr0.96%
84SUsuncor energy new inc0.49%
85Tat&t inc com1.84%
86TDtoronto dominion bk ont new0.77%
87TEVAteva pharmaceutical inds ltd adr0.40%
88TOTtotal s a adr1.42%
89UBSubs group ag shs0.89%
90UNHunitedhealth group0.50%
91USBus bancorp del0.61%
92UTXunited technologies corp0.41%
93Vvisa inc.0.44%
94VODvodafone group plc adr1.63%
95WBAwalgreens boots alliance inc new0.46%
96WBKwestpac bkg corp adr0.63%
97WFCwells fargo & co new2.54%
98WMTwal mart stores inc1.25%
99XOMexxon mobil corp2.63%
100YHOOyahoo inc0.43%

Steps to Create This Folio

  1. We screened for the largest 100 companies, based on market capitalization, that have the lowest price-to-book ratio.
  2. Individual company weights were determined by dividing their market capitalization, adjusted for their price-to-book ratio, by the total book value of the 100 companies selected.

Number of Securities

This folio is generally composed of 100 stocks, although the number may change.

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.