Small Cap Core

Overview

The Strategy typically invests in small-cap U.S. company stocks

Strategy Inception Date
December 31, 2007
Composite Inception Date
December 31, 2007
Composite AUM
(as of 05/31/2019)
$1.90 BN
Composite Benchmark
Russell 2000® Index
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
Small Cap Core (gross of fees)
12.20% 1.77% 11.56% 7.36% 17.40% 9.15%
Small Cap Core (net of fees)
12.01% 1.04% 10.76% 6.60% 16.57% 8.37%
Russell 2000® Index
14.58% 2.05% 12.92% 7.05% 15.36% 7.90%
Cumulative
Annualized
ytd as of 2019-05-31
1 yr 3 yr 5 yr 10 yr since inception
Small Cap Core (gross of fees)
9.28% -7.47% 9.16% 7.41% 13.92% 8.76%
Small Cap Core (net of fees)
8.96% -8.14% 8.38% 6.65% 13.11% 7.98%
Russell 2000® Index
9.26% -9.04% 9.75% 6.71% 12.84% 7.33%

OFI Global's Small Cap Core 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.


Year Small Cap Core (gross of fees) Small Cap Core (net of fees) Russell 2000® Index
2008 -37.53% -38.00% -33.79%
2009 38.56% 37.59% 27.17%
2010 24.66% 23.78% 26.85%
2011 -1.39% -2.10% -4.18%
2012 18.92% 18.07% 16.35%
2013 42.06% 41.07% 38.82%
2014 12.84% 12.04% 4.89%
2015 -5.04% -5.72% -4.41%
2016 19.09% 18.24% 21.31%
2017 15.07% 14.25% 14.65%
2018 -9.62% -10.28% -11.01%

OFI Global's Small Cap Core 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.

Portfolio

Top Issuers

(35.0% of assets as of 05/31/2019)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 4
Country Small Cap Core Russell 2000® Index Overweight / Underweight
United States 98.7% 100.0% -1.3%
Developed Markets Small Cap Core Russell 2000® Index Overweight / Underweight
Americas 98.7% 100.0% -1.3%
Equity Sector Small Cap Core Russell 2000® Index Overweight / Underweight
Industrials 16.9% 14.9% 2.0%
Financials 15.9% 17.8% -2.0%
Information Technology 14.2% 15.3% -1.1%
Consumer Discretionary 12.4% 12.0% 0.4%
Health Care 11.9% 15.5% -3.6%
Real Estate 7.4% 7.8% -0.5%
Utilities 5.9% 4.0% 1.9%
Materials 5.0% 3.5% 1.4%
Consumer Staples 3.8% 2.7% 1.0%
Energy 2.8% 3.2% -0.5%
Communication Services 2.7% 3.2% -0.5%
Industry Small Cap Core Russell 2000® Index Overweight / Underweight
Banks 8.5% 9.2% -0.7%
Equity Real Estate Investment Trusts (REITs) 7.4% 7.2% 0.1%
Software 6.5% 6.1% 0.3%
Machinery 5.0% 3.8% 1.2%
IT Services 4.9% 2.1% 2.9%
Hotels Restaurants & Leisure 4.3% 3.0% 1.3%
Professional Services 4.0% 1.6% 2.4%
Metals & Mining 4.0% 1.0% 2.9%
Gas Utilities 3.4% 1.2% 2.1%
Health Care Equipment & Supplies 3.2% 3.5% -0.3%
Biotechnology 3.1% 6.5% -3.4%
Thrifts & Mortgage Finance 2.9% 2.5% 0.4%
Oil Gas & Consumable Fuels 2.8% 2.1% 0.6%
Specialty Retail 2.8% 2.8% 0.0%
Semiconductors & Semiconductor Equipment 2.8% 2.6% 0.2%
Entertainment 2.7% 0.5% 2.2%
Health Care Providers & Services 2.6% 1.8% 0.7%
Capital Markets 2.6% 1.3% 1.3%
Multi-Utilities 2.5% 0.6% 1.9%
Auto Components 2.3% 0.9% 1.4%
Asset Allocation Small Cap Core Russell 2000® Index Overweight / Underweight
Equity 98.7% 100.0% -1.3%
Market Cap Small Cap Core Russell 2000® Index Overweight / Underweight
Small 75.8% 79.0% -3.3%
Mid 22.9% 21.0% 1.9%
Analytics
(As of 05/31/2019)

Performance Statistics
3Y
5Y
Alpha
-0.17
0.95
Beta
0.95
0.95
Information Ratio
-0.17
0.21
R-Squared
95.53
95.85
Sharpe Ratio
0.53
0.47
Standard Deviation
16.33
15.94
Upside Capture
97.06
98.84
Downside Capture
98.79
95.12
Sortino Ratio
0.78
0.70
Win Ratio
50.00
52.00
Loss Ratio
50.00
48.00
Margin of Outperformance
0.77
0.80
Margin of Underperformance
-0.88
-0.76
Tracking Error
3.55
3.38
Yields
Portfolio Characteristics
Rep Portfolio
Composite Benchmark
Average Market Cap (weighted)
$2.76 B
$2.39 B
Median Market Cap (weighted)
$2.69 B
$2.05 B
P/E Ratio (LTM)
20.43
23.48
P/E Ratio (NTM)
15.88
18.30
Price/Book
2.16
2.11
Debt to Capital Ratio
40.99
36.80
Turnover Ratio
52%
-
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 Small Cap Core product are 0.70% on the first $25 million under management, 0.65% on the next $25 million, and 0.60% 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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