Global Select Equity

Overview

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

Strategy Inception Date
June 30, 2017
Composite Inception Date
June 30, 2017
Composite AUM
(as of 07/31/2019)
$523.70 MM
Composite Benchmark
MSCI ACWI
Available Vehicles
Separate Account
Model Portfolio Delivery
Performance
Average Annual Returns
Calendar Year Returns
as of 07/31/2019
as of 06/30/2019

Cumulative
Annualized
1 mo 3 mo ytd as of 2019-06-30
1 yr since inception
Global Select Equity (gross of fees)
6.64% 3.41% 21.08% 3.23% 9.02%
Global Select Equity (net of fees)
6.58% 3.22% 20.66% 2.49% 8.24%
MSCI ACWI
6.55% 3.61% 16.23% 5.74% 8.21%
Cumulative
Annualized
1 mo 3 mo ytd as of 2019-07-31
1 yr since inception
Global Select Equity (gross of fees)
0.76% -2.05% 22.00% 2.19% 9.03%
Global Select Equity (net of fees)
0.70% -2.23% 21.51% 1.46% 8.25%
MSCI ACWI
0.29% 0.52% 16.57% 2.95% 8.01%

Year Global Select Equity (gross of fees) Global Select Equity (net of fees) MSCI ACWI
2018 -8.54% -9.20% -9.41%
Portfolio

Top Issuers

(85.0% of assets as of 07/31/2019)


Portfolio Holdings Breakdown

Country
Developed Markets
Emerging Markets
Equity Sector
Industry
Asset Allocation
Market Cap 2
Country Global Select Equity MSCI ACWI
Overweight / Underweight
United States 70.3% 55.9% 14.4%
China 11.3% 3.7% 7.6%
Denmark 8.0% 0.5% 7.5%
Israel 3.0% 0.2% 2.8%
United Kingdom 2.8% 4.9% -2.1%
Germany 1.6% 2.5% -1.0%
Developed Markets Global Select Equity MSCI ACWI
Overweight / Underweight
Americas 70.3% 58.9% 11.4%
Europe 12.3% 18.5% -6.1%
Middle East 3.0% 0.2% 2.8%
Emerging Markets Global Select Equity MSCI ACWI
Overweight / Underweight
Asia Pacific 11.3% 8.3% 3.0%
Equity Sector Global Select Equity MSCI ACWI
Overweight / Underweight
Information Technology 32.9% 16.4% 16.6%
Communication Services 21.3% 8.9% 12.4%
Health Care 15.8% 11.3% 4.6%
Consumer Discretionary 11.8% 10.9% 0.9%
Financials 9.8% 16.8% -7.0%
Industrials 3.7% 10.4% -6.7%
Materials 1.5% 4.8% -3.3%
Industry Global Select Equity MSCI ACWI
Overweight / Underweight
Interactive Media & Services 18.5% 3.5% 15.0%
Software 16.6% 4.4% 12.2%
Internet & Direct Marketing Retail 11.8% 3.0% 8.8%
IT Services 10.1% 3.6% 6.5%
Banks 9.8% 8.8% 1.0%
Pharmaceuticals 6.2% 4.9% 1.3%
Biotechnology 4.9% 1.5% 3.4%
Health Care Equipment & Supplies 4.7% 2.5% 2.2%
Semiconductors & Semiconductor Equipment 3.7% 3.2% 0.5%
Professional Services 3.7% 0.7% 3.0%
Entertainment 2.8% 1.3% 1.4%
Internet Software & Services 2.5% 0.3% 2.3%
Chemicals 1.5% 2.4% -0.9%
Asset Allocation Global Select Equity MSCI ACWI
Overweight / Underweight
Equity 96.9% 100.0% -3.1%
Net Cash and Equivalents 3.1% - -
Market Cap Global Select Equity MSCI ACWI
Overweight / Underweight
Large 89.2% 87.1% 2.2%
Mid 6.6% 12.8% -6.2%
Small 1.0% 0.1% 0.9%
Analytics
(As of 07/31/2019)

Portfolio Characteristics
Rep Portfolio
Composite Benchmark
Average Market Cap (weighted)
$235.69 B
$159.48 B
Median Market Cap (weighted)
$119.74 B
$55.98 B
P/E Ratio (LTM)
25.78
17.35
P/E Ratio (NTM)
24.27
15.38
Price/Book
3.28
2.45
Debt to Capital Ratio
32.86
43.94
Team
  1. 1. Holdings are subject to change and are dollar-weighted based on assets.
  2. 2. 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.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )