The fund seeks to provide long-term capital growth.
The U.S. Large Cap Core Fund uses fundamental, bottom-up research and takes a core approach to stock selection, which includes both growth and value styles of investing. Because the fund has the flexibility to look for stocks with either growth or value characteristics, stocks will be selected that we believe have the most favorable combination of company fundamentals, earnings potential and valuation.
Click on the risk/reward spectrum below to view the funds in that category
The fund can invest in both growth and value stocks.
Growth stocks tend to perform particularly well when markets are rising and investors are looking for rapidly growing companies. On the other hand, value stocks can help reduce portfolio volatility since they may outperform the overall market when prices fall. Buying value-oriented stocks that are currently out of favor or misunderstood can lead to significant gains when other investors recognize the stockís real value.
Stocks with growth characteristics can have sharp price declines as a result of earnings disappointments. Stocks with value characteristics carry the risk that the market will not recognize their intrinsic value for a long time or that they are actually appropriately priced at a low level. In addition, the fundís fairly concentrated portfolio means poor performance by several fund holdings could affect the fund more than a fund holding a larger number of companies.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.
Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns;
the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark,
or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
See Glossary for additional details on all data elements.
The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. Download a prospectus.