Equities
Quantitative U.S. Large Cap Growth Equity Portfolio
Performance
| Equities | Ticker | As of 05/26/23 | As of 3/31/23 | Inception Date | Gross Expense Ratio | Net Expense Ratio | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nav | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | |||||
| Quantitative U.S. Large Cap Growth (Institutional Class) | GTILX | 27.66 | 8.27% | -5.47% | 19.24% | 11.80% | 14.12% | 10.80% | 11/05/15 | 0.64% | 0.64% |
| Quantitative U.S. Large Cap Growth (Advisor Class) | GTLLX | 27.65 | 8.17% | -5.65% | 19.00% | 11.57% | 13.89% | 10.58% | 02/27/04 | 0.84% | 0.84% |
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value will change so that an investor’s shares when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance of periods less than one year are cumulative and not annualized. Returns assume the deduction of fund expenses. Performance data current to the most Month- end can be obtained by calling 1-800-442-8299.
The Quantitative U.S. Large Cap Growth Equity Portfolio Institutional Class commenced operation on November 5, 2015; therefore performance listed for the Institutional Class prior to the inception date (2/27/2004 through 11/5/2015) is based on the average total return for the Advisor Class. Performance listed for the period of 11/5/2015 through 3/31/2018 is the average annual total return for the Institutional Class.
Year to Date (YTD) returns are historical can are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested.
Overview
GIM believes that a benchmark-agnostic portfolio of large cap stocks, constructed with a disciplined blend of proprietary multi-factor models and downside risk screens, may achieve long-term performance.
Quantitative discipline; fundamental insight Models based on intuitive fundamentals that drive performance
Proprietary, diversified models for each sector Unique multi-factor stock selection models for buying and selling
Downside risk screens Proprietary earnings surprise indicators, quality of earnings and stock price volatility
Benchmark-agnostic position weights Seeks to minimize single-stock risk; avoids bias toward expensive stocks
Integrates top-down and bottom-up analysis Target +/- 2% of industry group weightings relative to benchmark
ESG integrated: Thoughtful application of material Environmental, Social, and Governance (ESG) criteria ESG factors, such as proprietary ESG momentum, are incorporated into stock selection models
Continuity of senior Large Cap Growth team since inception Inception date of February 27, 2004
Summary Investment Guidelines
- Universe: Russell 1000 Growth Index
- Benchmark: Russell 1000 Growth Index
- 50-90 holdings
- Maximum position size: 3% for any security
- Sector: +/–3% vs. Russell 1000 Growth Index
- Industry: +/–2% vs. Russell 1000 Growth Index
Portfolio Managers
Fund Materials
Before you invest in the Glenmede Funds please refer to the equity prospectus and/or bond prospectus and/or equity institutional class prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-800-442-8299. The prospectus should be read carefully before you invest or send money. Related Literature and Disclosures
The Glenmede Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any Glenmede Fund in any jurisdiction where the offer of solicitation would be unlawful under the securities laws of such jurisdiction.
The Russell 1000 Growth Index is an unmanaged, market value weighted index, which measures performance of the largest 1,000 companies in the market. Returns include the reinvestment of dividends and other income. One cannot invest directly in an index.
Mutual fund investing involves risk. Principal loss is possible.
The Fund 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. The values of growth stocks may be more sensitive to changes in current or expected earnings than the values of other stocks. There is no guarantee that the prices of these stocks will not move even lower. Previously known as the Glenmede Large Cap Growth Portfolio, the name was changed on 02/28/2018 to the Quantitative U.S. Large Cap Growth Equity Portfolio.
The Glenmede Funds are distributed by Quasar Distributors, LLC.