A multi-manager Fund seeking long-term capital appreciation and current income primarily through investments in large market capitalization U.S. stocks.
A TEAM OF MANAGERS
The Fund is sub-advised by four complementary asset managers that select stocks as follows:
Barrow: Bottom-up analysis, with P/E and P/B
ratios below the market and dividend yield above
Brandywine Global: Substantially undervalued,
with dividend-paying companies receiving greater
H&W: Sustainable cash flows and strong balance
sheets, undervalued relative to tangible assets and
long-term normal earnings power.
MFS: Undervalued, high-quality companies with
sustainable, durable franchises, significant free cash
flow and strong management teams.
STRENGTH IN DIVERSIFICATION
The multi-manager approach brings diversification
to the Fund and helps protect it from single-manager
The Fund’s bottom-up portfolio construction is
well diversified at the security, industry and
The Fund’s assets may also include preferred
stocks, convertible securities, American
Depositary Receipts and foreign stocks traded
on U.S. exchanges.
As larger-cap companies return to their
historical valuations, the Fund is well
positioned to take advantage of this.
Total Fund Assets
|Barrow, Hanley, Mewhinney & Strauss, LLC||
|Hotchkis and Wiley Capital Management, LLC||
|Brandywine Global Investment Management, LLC||
|Massachusetts Financial Services Co.||
IN THE NEWS
Common Sense Value
Ticker Magazine Q&A with
Sr. Portfolio Manager Adriana Posada