US Large Cap Core

Our US Large Cap Core Strategy seeks reasonable income and capital growth by investing primarily in the equity securities of US companies. The Strategy diversifies¹ across all sectors of the S&P 500^® Index using an actively managed, bottom-up approach that seeks under-valued, high quality stocks of well established companies in well established businesses.

¹Diversification does not guarantee a profit or protect against a loss.

Our US Large Cap Core Strategy is an actively-managed, valuation-sensitive, large-cap-core equity strategy focused on high-quality companies whose stocks are selling at substantial discounts to their underlying value.

Jeff Kripke

Senior Vice President
Portfolio Manager

Biography

John A. Carey, CFA

Managing Director
Director of Equity Income, US
Portfolio Manager

Biography

Craig Sterling

Managing Director
Director of Equity Research, US
Portfolio Manager

Biography

James Yu

Vice President
Portfolio Manager

Biography

Overview

We believe that a fundamental value approach to equity investing, which selects higher quality securities selling at substantial discounts to their underlying values and hold these stocks until their intrinsic value is reflected in the marketplace, can produce competitive returns over time.
The Strategy employs a bottom-up approach that seeks undervalued, higher quality stocks of well established companies.
We invest in stocks with earnings-growth potential over a three- to five-year period in excess of the expected growth appearing to be reflected in the current price.
Typical investment horizon is 3 to 5 years.

PLEASE NOTE: The Internal Guidelines referenced do not necessarily represent prospectus / statutory limitations.These internal guidelines are used as guidance in the daily management of the Portfolio's investments.These guidelines are subject to change and should not be relied upon as a long term view of the Portfolio's exposures, limitations, and / or risks.

Why Amundi US?

Key features of our US Large Cap Core Strategy include:

Fundamental, research-driven approach: We focus on the research of securities, which offer attractive risk / reward ratio through analysis of industry structure, business outlook and financials.
Focused on the long-term: Turnover has averaged less than 50% annually over the past 10 years.
Socially responsible investing: For almost 60 years, the portfolio managers have socially responsible investment screens to avoid applied tobacco, alcohol and gambling stocks.This conscientious style was built into the investment process by Philip L. Carret, the founder of Pioneer Investments, now Amundi US.The current portfolio management team carries on this tradition.
Dependable results¹: The Strategy has paid an annual dividend in every year since its inception.

¹ Dividends are not guaranteed.