Global Focus

Overview

The Strategy invests in a mix of undervalued U.S. and foreign stocks.

Strategy Inception Date
September 28, 2007
Composite Inception Date
December 31, 2007
Composite AUM
(as of 05/31/2019)
$1.20 BN
Composite Benchmark
MSCI ACWI
Available Vehicles
Separate Account
Commingled Vehicle
Performance
Average Annual Returns
Calendar Year Returns
as of 05/31/2019
as of 03/31/2019

Cumulative
Annualized
ytd as of 2019-03-31
1 yr 3 yr 5 yr 10 yr since inception
Global Focus (gross of fees)
17.19% 2.57% 12.46% 6.09% 18.37% 8.89%
Global Focus (net of fees)
16.99% 1.83% 11.66% 5.34% 17.53% 8.11%
MSCI ACWI
12.18% 2.60% 10.67% 6.45% 11.98% 4.27%
Cumulative
Annualized
ytd as of 2019-05-31
1 yr 3 yr 5 yr 10 yr since inception
Global Focus (gross of fees)
15.26% -0.87% 11.10% 5.90% 14.22% 8.59%
Global Focus (net of fees)
14.93% -1.58% 10.31% 5.15% 13.41% 7.82%
MSCI ACWI
9.08% -1.29% 9.07% 5.22% 9.39% 3.95%

OFI Global's Global Focus Composite includes every fully representative portfolio managed in the strategy. Certain securities may constitute a significant portion of the portfolio resulting in security and sector weightings that may differ from those of the benchmark index.

Please review the Complete Performance Disclosures


Year Global Focus (gross of fees) Global Focus (net of fees) MSCI ACWI
2008 -45.98% -46.39% -42.19%
2009 76.23% 75.02% 34.63%
2010 27.34% 26.44% 12.67%
2011 -6.66% -7.33% -7.35%
2012 21.13% 20.27% 16.13%
2013 44.42% 43.42% 22.80%
2014 -3.89% -4.58% 4.16%
2015 0.87% 0.14% -2.36%
2016 0.44% -0.28% 7.86%
2017 26.65% 25.76% 23.97%
2018 -8.92% -9.58% -9.41%

OFI Global's Global Focus Composite includes every fully representative portfolio managed in the strategy. Certain securities may constitute a significant portion of the portfolio resulting in security and sector weightings that may differ from those of the benchmark index.

Please review the Complete Performance Disclosures

Portfolio

Top Issuers

(72.9% of assets as of 05/31/2019)


Portfolio Holdings Breakdown

Country
Developed Markets
Emerging Markets
Equity Sector
Industry
Asset Allocation
Market Cap 4
Country Global Focus MSCI ACWI
Overweight / Underweight
United States 63.2% 55.0% 8.2%
China 11.8% 3.7% 8.1%
Denmark 9.3% 0.5% 8.8%
United Kingdom 4.6% 5.1% -0.4%
Japan 3.1% 7.3% -4.2%
Israel 2.5% 0.2% 2.3%
Switzerland 2.1% 2.8% -0.7%
Germany 1.9% 2.6% -0.7%
Russia 1.1% 0.5% 0.6%
Developed Markets Global Focus MSCI ACWI
Overweight / Underweight
Americas 63.2% 58.1% 5.1%
Europe 17.9% 18.8% -0.9%
Asia Pacific 3.1% 11.1% -8.0%
Middle East 2.5% 0.2% 2.3%
Emerging Markets Global Focus MSCI ACWI
Overweight / Underweight
Asia Pacific 11.8% 8.6% 3.2%
Europe 1.1% 0.8% 0.4%
Equity Sector Global Focus MSCI ACWI
Overweight / Underweight
Information Technology 28.3% 15.7% 12.6%
Communication Services 23.0% 8.9% 14.1%
Health Care 17.8% 11.4% 6.4%
Financials 11.9% 17.0% -5.1%
Consumer Discretionary 11.1% 10.7% 0.4%
Industrials 5.1% 10.4% -5.4%
Materials 2.5% 4.8% -2.3%
Industry Global Focus MSCI ACWI
Overweight / Underweight
Interactive Media & Services 17.0% 3.4% 13.5%
Software 13.8% 4.4% 9.4%
Internet & Direct Marketing Retail 11.1% 3.0% 8.2%
IT Services 9.7% 3.5% 6.2%
Banks 9.2% 9.0% 0.3%
Pharmaceuticals 6.8% 5.0% 1.8%
Entertainment 6.1% 1.4% 4.7%
Biotechnology 4.9% 1.5% 3.4%
Professional Services 3.5% 0.7% 2.8%
Health Care Equipment & Supplies 3.3% 2.4% 0.9%
Semiconductors & Semiconductor Equipment 2.8% 2.9% -0.1%
Life Sciences Tools & Services 2.7% 0.7% 2.0%
Capital Markets 2.6% 2.5% 0.1%
Chemicals 2.5% 2.4% 0.1%
Internet Software & Services 2.0% 0.2% 1.7%
Aerospace & Defense 1.0% 1.9% -0.9%
Machinery 0.5% 1.7% -1.2%
Asset Allocation Global Focus MSCI ACWI
Overweight / Underweight
Equity 99.6% 100.0% -0.4%
Market Cap Global Focus MSCI ACWI
Overweight / Underweight
Large 85.5% 85.9% -0.5%
Mid 14.2% 14.0% 0.2%
Analytics
(As of 05/31/2019)

Performance Statistics
3Y
5Y
Alpha
0.04
-0.15
Beta
1.30
1.28
Information Ratio
0.31
0.11
R-Squared
86.50
87.59
Sharpe Ratio
0.68
0.39
Standard Deviation
15.20
15.77
Upside Capture
127.18
126.37
Downside Capture
130.81
130.71
Sortino Ratio
1.01
0.57
Win Ratio
58.00
55.00
Loss Ratio
42.00
45.00
Margin of Outperformance
1.55
1.53
Margin of Underperformance
-1.68
-1.65
Tracking Error
6.48
6.44
Yields
Portfolio Characteristics
Rep Portfolio
Composite Benchmark
Average Market Cap (weighted)
$194.09 B
$144.86 B
Median Market Cap (weighted)
$74.21 B
$53.37 B
P/E Ratio (LTM)
31.77
16.62
P/E Ratio (NTM)
22.14
14.42
Price/Book
3.67
2.31
Debt to Capital Ratio
33.86
43.88
Turnover Ratio
63%
-
Team

    The Composite gross-of-fee returns reflect the reinvestment of income and the impact of transaction costs, but do not include the deduction of investment advisory fees, distribution expenses or any other account expenses, such as custodial fees. Composite net-of-fee returns are calculated by deducting a model investment advisory fee (using the maximum investment advisory fee as determined by the product's fee schedule) from the Composite gross-of-fee returns. Annual fees for the Global Focus product are 0.70% on the first $50 million under management, 0.65% on the next $50 million, and 0.55% on any additional amount. Actual fees may vary depending on, among other things, the vehicle type, applicable fee schedule and portfolio size. While actual portfolios incur transaction expenses, pay investment advisory fees, and may incur other account expenses, the benchmark index is shown without the impact of such charges.

  1. 1. Holdings are subject to change and are dollar-weighted based on assets.
  2. 2. The mention of specific companies does not constitute a recommendation on behalf of OFI Global.
  3. 3. The holdings information shown above is derived from a representative account deemed to appropriately represent this management style. The specific securities identified are not representative of all of the securities purchased, sold or recommended for advisory clients. It should not be assumed that an investment in the securities identified was or will be profitable. Actual holdings will vary for each client and there is no guarantee that a particular client's account will hold any or all of the securities listed.
  4. 4. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
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