Investment Objective
The Portfolio’s investment objective is long-term growth of capital. Its investment universe is primarily composed of large and mid-cap U.S. stock investment opportunities and potential short-sale candidates. The team’s process includes the flexibility to adjust the Portfolio based on evolving market opportunities – including reducing its net exposure when market risk is excessive.
Reference Index
S&P 500
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.8 | 1.0 | 0.2 | 0.4 | 0.6 | 0.1 | 0.8 | 1.0 | 0.9 | 0.8 | 0.3 | 0.3 | 0.3 | |
| 2023 | 0.7 | 0.6 | 0.4 | 0.5 | 0.9 | 1.0 | 0.3 | 0.3 | 0.8 | 0.7 | 0.2 | 0.3 | 0.6 |
