Mutual Funds - Profiles

Finding Quality Growth

Alger SMid Cap Focus Fund

GL> Precious Metals/Minerals > NA

Sep 09, 2019

With a high-conviction portfolio of approximately 50 stocks, Matthew Weatherbie, George Dai and Joshua Bennett, managers of Alger SMid Cap Focus Fund, believe they have found the right spot to benefit from diversification, while concentrating on their best ideas. Specializing in smaller cap growth stocks, an under-researched part of the market, the fund is able to uncover growth opportunities early through intense research and a focus on quality.

On the Right Side of Change

Wells Fargo Enterprise Fund

> NA > NA

Aug 26, 2019

Michael Smith, the manager of Wells Fargo Enterprise Fund, believes in the power of long-term compounding. The fund invests only in companies on the right side of change, or businesses that are able to grow through increasing their customer base, their prices or their offering. Focused on stock selection, the team balances between secular and idiosyncratic growth, while being sensitive to risk and aiming at consistency of returns

Concentrated in REITs with Conviction

Lazard US Realty Equity Portfolio

> NA > NA

Jul 12, 2019

With high transparency, liquidity and above-average total returns, REITs have a place in every diversified portfolio, according to Jay Leupp, portfolio manager of Lazard US Realty Equity Portfolio. The fund team maintains a concentrated portfolio diversified across property types and regions.

Diversified Sources of Alpha in REITs

Principal Real Estate Securities Fund

> NA > NA

Jun 28, 2019

With decades of experience in real estate, the Principal Real Estate Securities Fund relies on a dedicated and consistent team. Kelly D. Rush, who has managed the fund since inception, believes in diversifying sources of alpha, with security selection being a key factor in this process.

Fundamentally Driven REIT Exposure

American Century Real Estate Fund

US> Real Estate > NA

Jun 21, 2019

Since REITs tend to be less correlated to stocks and bonds than to the fundamentals of the underlying properties, they can serve as a great portfolio diversifier, providing both income and growth. At the helm of the American Century Real Estate Fund, Steve Brown runs a concentrated REIT portfolio driven by fundamental research and key macro trends.

REITs with Extra Inflation Protection

PIMCO RealEstateRealReturn Strategy Fund

> NA > NA

Jun 19, 2019

By investing in REITs and TIPS, the PIMCO RealEstateRealReturn Strategy Fund aims to provide returns and protect against inflationary pressures with a single allocation. Portfolio manager Nicholas Johnson explains how in the long term REITs provide returns that reflect the valuations linked to physical assets while TIPS offer an added layer of inflation protection.

Actively Managed, Targeted in Global REITs

Janus Henderson Global Real Estate Fund

> NA > NA

May 31, 2019

Globally listed real estate has many advantages, but it requires an active and selective approach toward equities, properties and markets. Greg Kuhl, portfolio manager of Janus Henderson Global Real Estate Fund, believes in forward-looking analysis, a highly concentrated portfolio of the best ideas, and the flexibility to deviate from the benchmark.

Consistent and Patient in Global Real Estate Investing

Virtus Duff & Phelps Global Real Estate Securities Fund

US> Mid-Cap > Growth

May 16, 2019

Real estate investments require patience given the multi-year nature of opportunities, according to Frank Haggerty, portfolio manager of the Virtus Duff & Phelps Global Real Estate Securities Fund. With a consistent approach to security selection, a structured process and an experienced team, the fund focuses on companies with above-average cash flow and dividend growth, superior return on invested capital, growth-supportive balance sheets and reasonable valuations.

Exploiting Behavioral Values

Mount Lucas U.S. Focused Equity Fund

US> Large-Cap > Growth

Apr 30, 2019

In the current age of real-time digital feeds, there is no such thing as an information advantage, according to Timothy Rudderow, portfolio manager of the Mount Lucas U.S. Focused Equity Fund. Instead of looking for an information edge, the fund team explores opportunities created by behavioral biases, relying on a structured process and a quantitative model to generate alpha.

US> Mid-Cap > Value

Apr 25, 2019

Recognizing that securitized credit markets can and do rapidly change, Dave S. Goodson, portfolio manager of Voya Securitized Credit Fund, stresses the importance of a dynamic approach, nimbleness and diversification to generate steady returns through the cycle. Investing across the entire spectrum of securitized credit, the fund relies on its long-term team expertise, on balancing the top-down and bottom-up perspectives, and on keeping risk management at the forefront.

Relative Values in REITs

Cohen & Steers Real Estate Securities Fund

US> Mid-Cap > Growth

Apr 15, 2019

Real estate securities ultimately track the private real estate market, according to Jason Yablon, portfolio manager of the Cohen & Steers Real Estate Securities Fund. With this premise in mind, the portfolio team keeps a steady focus on real estate fundamentals and relies on thorough research of each market and property type, while taking into account the big picture.

Quality-Driven REIT Investing

Eaton Vance Real Estate Fund

US> Large-Cap > Growth

Apr 04, 2019

Investing in real estate offers three key advantages – non-correlated asset, inflation hedge and dividend yield. For three decades, Scott Craig, portfolio manager of the Eaton Vance Real Estate Fund, has been investing in commercial real estate with a focus on higher-quality companies with capable management teams and attractive valuations.

Focused on Business and Cash Flow Drivers

Manning & Napier Real Estate Series Fund

US> Large-Cap > Core

Mar 25, 2019

Well-positioned real estate can be a reliable cash-generating asset that ensures predictability over a period of time. Michael Magiera, portfolio manager of the Manning & Napier Real Estate Series Fund, focuses on understanding the long-term, free cash-flow generating capabilities of investments, their quality and valuations. The fund assesses the entire spectrum of real estate to find the right opportunities for earning risk-adjusted returns.

Exploiting the Low Volatility Anomaly

361 Global Long/Short Equity Fund

> NA > NA

Mar 14, 2019

Investment returns are ultimately dictated both by how much you participate in the upside, and also how much you avoid the downside. Harin de Silva, portfolio manager of the 361 Global Long/Short Equity Fund, follows this principle by using the short portion of his portfolio as a hedge and relying on a systematic investment process that includes daily ranking and risk assessment of each stock.

> NA > NA

Mar 04, 2019

While agricultural commodities represent a huge and important global market, they have been off the radar of investors because of the difficulties trading them. Sal Gilbertie, founder and CEO of Teucrium Funds, has created commodity-specific ETFs, designed to make commodity exposure accessible and mitigates the structural trading hurdles.