Portfolio Guidelines
- Typically 40–60 positions
- Maximum sector exposure is 35%
- Minimum U.S. exposure is 30%
- Minimum foreign exposure is 30%
- Maximum emerging market exposure is 20%
Market Capitalization
The Fund typically invests in securities with a market cap of $2.5 billion or greater.
Top Ten Equity Holdings
As Of September 30, 2019
Red Rock Resorts, Inc. (Cl A) Cons. Discretionary |
4.2% |
BorgWarner, Inc. Cons. Discretionary |
4.1 |
Howden Joinery Group PLC Industrials |
4.0 |
Julius Baer Gruppe AG Financials |
3.9 |
Berkshire Hathaway, Inc. (Cl B) Financials |
3.7 |
Copa Holdings S.A. (Cl A) Industrials |
3.4 |
MetLife, Inc. Financials |
3.4 |
American International Group, Inc. Financials |
3.3 |
Samsung Electronics Co. Ltd. Info. Technology |
3.2 |
GlaxoSmithKline PLC Health Care |
3.1 |
Total As % Of Net Assets | 36.5% |
Sector Allocation1
As Of September 30, 2019
Global Fund |
Morningstar Global Markets Index |
|
---|---|---|
Financials | 29.2% | 16.5% |
Industrials | 16.2 | 11.5 |
Cons. Discretionary | 14.7 | 11.3 |
Health Care | 9.2 | 11.1 |
Communication Services | 8.1 | 8.1 |
Consumer Staples | 7.4 | 7.8 |
Info. Technology | 7.0 | 15.7 |
Materials | 4.3 | 5.0 |
Energy | 1.1 | 5.1 |
Real Estate | 0.0 | 4.4 |
Utilities | 0.0 | 3.5 |
Cash & Other | 2.8 | 0.0 |
Top Five Countries (%)
As Of September 30, 2019
Global Fund | Morningstar Global Markets Index |
|
---|---|---|
United States | 58.0% | 54.5% |
United Kingdom | 12.3 | 4.9 |
France | 7.4 | 3.1 |
China | 3.9 | 3.2 |
Switzerland | 3.9 | 2.8 |
Regional Exposure (%)
As Of September 30, 2019
Global Fund | Morningstar Global Markets Index |
|
---|---|---|
North America | 58.0% | 57.6% |
Europe | 28.7 | 19.2 |
Asia & Pacific | 8.9 | 20.5 |
Middle East & Africa | 1.5 | 1.2 |
Latin America | 0.0 | 1.4 |