Differentiated Focus
Seeks companies with sustainable or improving return on capital that may not be reflected in the stock price
Style-Balanced Portfolio
Represents the investment team’s best ideas across international markets and the style spectrum
Sub-advised by Wellington
Wellington prioritizes independent thought and collaboration across all major asset classes
Objective: Seeks long-term growth of capital.
The portfolio manager is supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception.
Fund Inception: 07/22/1996
Share Class Inception: 12/22/06.
Class R3-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 7/22/96.
Characteristics
# of Holdings | 81 |
---|---|
% in Equities | 99 |
% in Foreign Equities | 97 |
Beta (3 year) | 0.97 |
R Squared (3 year) | 0.97 |
Standard Deviation | 16.69% |
Turnover | 44% |
Active Share | 78% |
FUND | MSCI ACWI ex USA Index | |
---|---|---|
Price/Earnings | 14.0x | 13.4x |
Price/Book | 2.6x | 1.9x |
EPS Growth Rate | 12.6% | 10.7% |
Asset Weighted Market Cap (billions) | $137.4 | $116.2 |
Return on Equity | 15.2% | 15.9% |
Median Market Cap (billions) | $50.2 | $10.6 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 3.60 |
Tencent Holdings Ltd. | 2.45 |
Shell PLC | 2.32 |
SAP SE | 2.27 |
Deutsche Telekom AG | 2.22 |
Sony Group Corp. | 2.17 |
Allianz SE | 2.15 |
London Stock Exchange Group PLC | 2.13 |
Mitsubishi UFJ Financial Group, Inc. | 2.06 |
AstraZeneca PLC | 2.00 |
Total Portfolio % | 23.37 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 2 | |
$5 billion - $10 billion | 4 | |
Greater than $10 billion | 95 | |
Not Classified | 0 |
Alpha (5 Year)
|
0.72 |
Down Capture (5 Year)
|
100.49 |
Information Ratio (5 Year)
|
0.19 |
Sharpe Ratio (5 Year)
|
0.39 |
Up Capture (5 Year)
|
103.01 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
12/31/24 | 2/28/25 | 2/28/25 | -5 0 5 | ||||
Information Technology | 17 | 18 | 13 | ||||
Communication Services | 9 | 10 | 6 | ||||
Industrials | 16 | 15 | 14 | ||||
Consumer Discretionary | 12 | 11 | 11 | ||||
Energy | 6 | 5 | 5 | ||||
Health Care | 7 | 8 | 9 | ||||
Utilities | 2 | 2 | 3 | ||||
Real Estate | 1 | 1 | 2 | ||||
Financials | 22 | 22 | 24 | ||||
Consumer Staples | 5 | 5 | 7 | ||||
Materials | 3 | 3 | 6 |
Insights
Fund Literature