Glenmede Quantitative U.S. Large Cap Growth Equity (GTLLX) Fund Recognized
Among Best Mutual Funds in 2022 by Investor’s Business Daily
Philadelphia, Pennsylvania – April 13, 2022 – Glenmede Investment Management LP (GIM), a privately owned, independent asset management firm, today announced that its Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX) was named in multiple categories on Investor’s Business Daily (IBD) Best Mutual Funds Awards list for 2022.
The Quantitative U.S. Large Cap Growth Equity Portfolio was ranked a top fund based on its 10-year average annual returns and listed in three categories across U.S. Diversified Stock Funds (1,287), Growth Stock Funds (486), and Large-Cap Stock Funds (697).
“We are honored to be named on this year’s list and recognized for our unique benchmark-agnostic approach to portfolio management, which is constructed with a disciplined blend of proprietary multi-factor models and downside risk screens to help achieve long-term performance for investors and clients,” said Kent Weaver, President of Glenmede Investment Management. “IBD’s recognition of GTLLX is a testament to the expertise and diligence of our tenured active managers, and to their unwavering commitment to providing clients with high-performing, strategic investing opportunities.”
GTLLX is focused on a quantitatively based investment process with stringent risk controls, and it integrates fundamental factors into proprietary quantitative models. The portfolio is managed by Vladimir de Vassal, Paul T. Sullivan and Alexander R. Atanasiu.
Investor’s Business Daily seventh annual list highlights select funds that have consistently beaten benchmarks over the last decade. The data-driven list showcases a variety of top-performing mutual funds across the major categories that investors consider for broad market exposure or more narrow objectives. Of the 3,673 funds analyzed, only 677 (18%) beat their benchmark index.
To find out more about this year’s winners, read analysis of the respective categories and view the complete list of winning funds, please visit www.investors.com/MutualFundsAwards
The funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. Click here for the Glenmede Funds’ prospectus. Please read the prospectus carefully before you invest or send money.
Mutual fund investing involves risks: principal loss is possible. The Funds may invest in IPOs and the market value of IPO shares could fluctuate considerably due to factors such as the absence of a prior public market, unseasoned trading, the small number of shares available for trading, and limited information about the issuer.
Glenmede Investment Management LP is the investment advisor to the Glenmede Funds, which are distributed by Quasar Distributors, LLC.