Disciplined Equity  >  U.S. Disciplined Large Cap Core

U.S. Disciplined Large Cap Core

Summary

STRATEGY FACTS

As of 12/31/2018 tooltip

When Listed:

Mutual funds and CIT only available in the United States.

SICAVs only available in certain non-U.S. countries. Please check country availability.

Available Vehicles Separate Account
CIT
Mutual Fund
Investment Universe U.S. Large Cap Core Equity
Benchmark S&P 500® Index
Inception Date 06/01/1991
Total Assets $5.39 B

TARGET

Tracking Error Up to 3% over a standard market cycle
Excess Return 1.5% - 2% over a standard market cycle

INVESTMENT TEAM

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Portfolio managers are not licensed by the Hong Kong Securities and Futures Commission to perform any regulated function in or from Hong Kong. Furthermore, none of the portfolio managers are located in or operate in or from Hong Kong.

Claudia Musat

Steven Rossi, CFA, FRM

5 Investment Analysts

2 Client Portfolio Managers

Documents & Resources

N/A

 

U.S. Disciplined Large Cap Core utilizes a proprietary multi-factor quantitative model to construct a portfolio that invests in companies with market capitalizations greater than $1 billion.

We believe:

  • Investor biases create security mis-pricings
  • We can identify and capitalize on those security mis-pricings by:
    • investing with an objective, systematic, and disciplined process
    • incorporating multiple dimensions of alpha
  • A process should be constructed on the foundation of economically sensible, fundamental measures
  • A multi-dimensional view of risk minimizes unintended exposures
    • Continuous process improvement is key to success

Performance

As of 12/31/2018

  COMPOSITE PERFORMANCE IN USD (%)
  QTR YTD 1 YR 3 YR* 5 YR* 10 YR*
U.S. Disciplined Large Cap Core (gross) -14.78% -5.64% -5.64% 8.58% 7.08% 12.45%
U.S. Disciplined Large Cap Core (net) -14.89% -6.09% -6.09% 7.97% 6.43% 11.71%
Standard Deviation --- --- 16.11% 11.59% 11.31% 13.80%
Sharpe Ratio --- --- -0.47 0.66 0.57 0.88
S&P 500 -13.52% -4.38% -4.38% 9.26% 8.49% 13.12%
Excess Return -1.26% -1.26% -1.26% -0.67% -1.41% -0.67%
Tracking Error --- --- 2.75% 2.13% 1.96% 1.96%
Information Ratio --- --- -0.46 -0.32 -0.72 -0.34

*Annualized

Sources: Standard & Poor's, FactSet

Data reflects past performance. Past performance does not guarantee future results. The value of investments may fluctuate. Data assumes reinvestment of dividends and capital gains.

For a presentation that complies with the GIPS® standards, click here .

For purposes of compliance with the Global Investment Performance Standards ("GIPS®"), the Firm is defined as American Century Investment Management, Inc. ("ACIM"). ACIM claims compliance with GIPS®. The U.S. Disciplined Large Cap Core Equity composite includes portfolios that invest in large capitalization companies utilizing sophisticated stock ranking and portfolio construction tools combined with fundamental analysis. Index futures (and currency forwards and futures, where applicable or appropriate) are occasionally used to equitize cash and manage portfolio risk. Other derivative instruments may be used, as allowed, as part of the investment strategy. Returns are calculated and stated in U.S. dollars and may increase or decrease as a result of currency fluctuation.

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