Address And Details
|7337 E. Doubletree Ranch Rd, Suite 100 , Scottsdale, AZ 85258|
|Fund Manager||Team Managed|
Strategy And Objective
The Portfolio seeks capital growth over the long-term. Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of small-capitalization companies. The Portfolio will provide shareholders with at least 60 days' prior notice of any change in this investment policy. For this Portfolio, the sub-adviser ( Sub-Adviser ) defines small-capitalization companies as companies with a market capitalization equal to those within a universe of Russell 2000 Index ( Index ) stocks at the time of purchase. The market capitalization of companies in the Index will change with market conditions. The market capitalization of companies in the Index as of December 31, 2020 ranged from $43.0 million to $15.5 billion. Market capitalization is the total market value of a company's shares. The Portfolio may also invest up to 20% of its total assets in foreign securities. These investments may take the form of depositary receipts. Depositary receipts are receipts issued by a bank or a trust company reflecting ownership of underlying securities issued by foreign companies. The Portfolio may also invest up to 20% of its total assets in convertible securities which generally pay interest or dividends and which can be converted into common or preferred stock. Although the Portfolio intends to invest primarily in equity securities, under normal market conditions, it may invest up to 20% of its total assets in high-quality money market instruments and repurchase agreements. The Portfolio's equity holdings may include real estate-related securities including real estate investment trusts, which are pools of investments consisting primarily of income-producing real estate or loans related to real estate. Derivatives, which are instruments that have a value based on another instrument, exchange rate or index, may be used as substitutes for securities in which the Portfolio can invest. The Portfolio may use derivatives, including but not limited to, futures contracts, options, and swaps, to more effectively gain targeted equity exposure from its cash positions, to hedge various investments, for risk management, and to increase the Portfolio's return. The Portfolio may also invest in other investment companies, including exchange-traded funds, to the extent permitted under the Investment Company Act of 1940, as amended, and the rules, regulations, and exemptive orders thereunder ( 1940 Act ). The Sub-Adviser uses a multi-style approach, under which two separate teams of portfolio managers select assets for the Portfolio in complementary styles. One team employs a fundamental bottom-up investment process. The second team employs a process that combines a proprietary stock ranking system with a fundamental overlay. The sector and stock weightings of the investments selected will vary from weightings of the Index only within limits established by the investment team. The Sub-Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into opportunities believed to be more promising, among others. The Portfolio may lend portfolio securities on a short-term or long-term basis, up to 33% of its total assets.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||8.80 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of n/a||Average Annual Current Performance Quarterly As Of n/a||Avg Annual Current Performance Monthly As Of n/a||Avg Annual Current Performance Quarterly As Of n/a|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|PFGC||PERFORMANCE FOOD GROUP COMPA||1.10%|
|FHN||FIRST HORIZON CORP||0.88%|
|WSC||WILLSCOT MOBILE MINI HOLDING||0.87%|
|BJ||~BJS WHOLESALE CLUB INC||0.85%|
|POWI||POWER INTEGRATIONS INC||0.81%|
|EGP||EASTGROUP PROPERTIES INC||0.78%|
|LECO||LINCOLN ELECTRIC HOLDINGS||0.77%|
|SYNH||SYNEOS HEALTH INC||0.75%|
Master The Market with the Help of Our Financial Experts
Recent Articles from TheStreet
Investors Brace for Omicron Variant, Volatility Impact on Stocks
Dr. Anthony Fauci, the White House chief medical adviser, said Sunday that the Omicron variant of Covid-19 will inevitably make its way to the U.S.
Black Friday Sales Rocket As Shoppers Buy Online and Stay Home
The latest Mastercard SpendingPulse reports show retail sales up 30% compared to last year.
New Coronavirus Variant Will Not Impact Black Friday, Cyber Monday Sales
The discovery of a new Covid variant that could be resistant to current vaccines, will not hurt sales this holiday weekend, said experts.
Tesla Withdraws Request for German Aid for Battery Factory
'It has always been Tesla’s view that all subsidies should be eliminated,' Tesla CEO Elon Musk wrote on Twitter.
Bitcoin Drops, Showing Little Sign of Hedge Against Volatility
'To us [Bitcoin], it is still by and large a risk asset,' Ross Mayfield, investment strategy analyst at Baird, told Bloomberg.
Ives: Market Selloff is 'Golden Opportunity' for Tech Stocks
'We view [the move] as a clear buying opportunity, given our bullish view of the tech sector set up into 2022,' said Wedbush's Dan Ives.
VIX Soars to 10-Month High as Covid Variant Socks Stocks
The VIX is calculated from prices of S&P 500 index options with near-term expiration dates, offering a 30-day projection of volatility.
Market Ends Down as Dow, Oil and Global Markets Feel Sting of New Covid Variant
The discovery of a new Covid variant that could be resistant to current vaccines, sent global markets plummeting Friday.
Shoppers Expected to Spend Between $8.5 And $9.6 Million This Black Friday
With both online and in-person shopping heavily underway, buyers are expected to spend between $8.5 and $9.6 million on Black Friday this year.