S&P 500 Enhanced (NEED CONTENT)
Strategy Information
Asset Class: U.S. Equity
Strategy Inception: December 1993
Assets in Strategy: $28.6 billion
Common Benchmarks: Russell 1000 Value, S&P 500
Minimum Holdings: 75
Market Cap Range for Strategy: $500 million and greater
Minimum Initial Investment: $25 Million
Available Products:
- Separate Account
- Mutual Fund
- Collective Investment Trust
- UCITS
Mutual Fund:
- LSVEX – Institutional share class
- LVAEX – Investor share class
Investment Approach
- Quantitative
- Deep Value Orientation
- Well Diversified/ Risk Controlled
The U.S. Large Cap Value Strategy applies the LSV quantitative model to a universe of stocks to create and maintain a broadly diversified portfolio of primarily large and mid-cap U.S. listed equities. The portfolio will typically have deep value orientation relative to the portfolio benchmark including low price to earnings, low price to cash flow, and high dividend yield relative to the portfolio benchmark.
Strategy Performance
(as of 9/30/14)
| Since Inception | YTD | 1 Yr | 3 Yr | 5 Yr | 7 Yr | 10Yr | |
|---|---|---|---|---|---|---|---|
| S&P 500 Enhanced (Gross) | 12.50% | 8.34% | 21.35% | 27.99% | 17.10% | 6.22% | 9.40% |
| S&P 500 Enhanced (Net) | 11.83% | 7.86% | 20.64% | 27.24% | 16.41% | 5.58% | 8.75% |
| Russell 1000 Value | 9.81% | 8.07% | 18.89% | 23.93% | 15.26% | 4.81% | 7.83% |
| S&P 500 | 9.32% | 8.34% | 19.73% | 22.99% | 15.70% | 6.02% | 8.11% |
Disclaimer
Net-of-fees composite returns were calculated using the highest model investment advisory fees applicable to portfolios within the composite. Fees may be higher for certain pooled vehicles and the composite may include accounts with performance-based fees. All performance results are net of commissions and transaction costs, and have been presented gross and net of investment advisory fees. Dividend income is recorded on ex-dividend date or as soon after the ex-dividend date as the information becomes available to LSV Asset Management. Interest income is recorded on the accrual basis. Performance results for the indices include reinvested dividends but, unlike the portfolio’s returns, do not reflect the payment of sales commissions or other expenses incurred in the purchase or sale of the securities included in the indices.