Investment Objective
Our goal in the ATManaged Multi-Cap Core portfolio is to provide superior risk-adjusted returns and long-term capital appreciation investing primarily in large and medium sized companies with the ability to include international exposure to the portfolio. The portfolio’s objective is to outperform the Russell 3000 over a full market cycle. Click here to request a full composite fact sheet.

Philosophy

• Focused portfolio of large and medium sized companies without restriction on market cap
• Seek companies that are creating true economic value in their business
• Identify companies that are undervalued relative to future economic growth expectations
• Combine quantitative and company level research to identify the sustainability of our value expectations
• Quantify management’s ability to manage capital and growth
• Sell decisions based on over-valuation, deterioration of value drivers, and/or better candidates
• Risk control through sector diversification and active management
• Through our diverse selection process, combining both growth and value companies, portfolios are designed to provide core equity exposure across multiple market caps

Portfolio Structure

• Focused portfolio of 35 to 50 securities
• Average Market Cap typically between $10-$20 billion
• Ability to invest up to 20% in international equities
• Diversified across most economic sectors
• Active sector strategy applying over/under weight positions based on secular market trends
• Turnover range of 35-60%
• Active cash strategy, typically not to exceed 15%