The Large-Cap Value Index investment strategy seeks a favorable long-term total return by investing primarily in a portfolio of equity securities of large domestic value companies based on the Russell 1000 Value Index. It seeks to track the market for the stocks issued by large capitalization domestic value companies that are included in the Russell 1000 Value Index, a subset of the Russell 1000 Index.
The Large-Cap Value Index strategy attempts to replicate the Russell 1000 Value Index using a proprietary quantitative process that closely matches the overall investment characteristics of the index. The investment process takes into account access to cash flow, trading activity, and corporate actions in order to maintain the portfolio in line with benchmark.
In addition, the portfolio management team employs proprietary optimizing techniques to evaluate and control portfolio risk, with a goal of maintaining portfolio-tracking error within very close range of the index while effectively managing trading costs and other portfolio expenses.
Large-Cap Value Index portfolios are subject to certain risks such as market and investment style risk.
This material is provided for the informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate.