Strategic Equity Portfolio
|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|
|Strategic Equity Portfolio||GTCEX||27.73||6.70%||-3.60%||17.99%||8.52%||11.29%||8.93%||07/20/89||0.85%||0.85%|
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.
Year to Date (YTD) returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested.
GIM seeks to invest primarily in common stocks of well-managed companies with durable business models that can be purchased at attractive valuations. We have developed a list of characteristics we believe help identify companies that create shareholder value over the long term and manage risk. While few companies possess all of these characteristics at any given time, we search for companies that demonstrate a majority or an appropriate mix of these characteristics.
Fundamental approach with quantitative support Integrates fundamental research with multi-factor quantitative screening to identify positive earnings and other trends
Focus on performance across economic cycles Emphasizes long-term return and limiting downside risk
Stringent risk controls Ongoing screening and analysis to eliminate stocks at risk and maintain portfolio diversification
Consistency and discipline A consistent, disciplined investment process since strategy inception (March 31, 2004)
Summary Investment Guidelines
- Universe: S&P 500 Index and other large cap stocks
- Benchmark: S&P 500 Index
- 40-50 holdings
- Position sizes depend on fundamental attractiveness and targeted sector exposure
- Sector weights: may vary by as much as +/- 5% relative to benchmark weight; may not be exposed to all sectors represented in S&P 500 Index
- Maximum position size: 5% for any security
- Cash positions minimal (<2%)
- Non-U.S. companies generally less than 5%
John R. Kichula, CFA
Portfolio Manager, Large Cap Equity
Mark Livingston, CFA
Portfolio Manager, Large Cap Equity
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 S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. One cannot invest directly in an index.
Mutual fund investing involves risk. Principal loss is possible.
The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.
The Glenmede Funds are distributed by Quasar Distributors, LLC.