Large Cap Value

Equity

Mutual Fund

GIM seeks to invest in firms with traditional value characteristics and positive company-specific catalysts. The strategy is unhedged. The portfolio is characterized by a lower P/E and P/B relative to the benchmark.

Value plus fundamentals
Focus on companies with value characteristics plus strong fundamentals

Fundamental approach with quantitative foundation
Integrates multi-factor quantitative screening with fundamental research to identify positive earnings and other trends

Consistency and discipline
Inception date of December 31, 1991

Summary Investment Guidelines

  • Universe: Russell 1000
  • Benchmark: Russell 1000 Value Index
  • 45-65 holdings
  • Position sizes depend on fundamental attractiveness and targeted sector exposure
  • Sector weights: +/– 7% relative to benchmark weight
  • Maximum position size: 5% for any security
  • Cash positions minimal (<1%)

Portfolio Managers

  • John R. Kichula, CFA

    Portfolio Manager, Large Cap Equity
  • Mark Livingston, CFA

    Portfolio Manager, Large Cap Equity
 
As of 12/31/2020 QTD YTD 1 YEAR 3 YEAR 5 YEAR 10 YEAR Since Inception Inception Date
Large Cap Value (Gross) 12.2% -7.0% -7.0% 1.7% 7.9% 9.0% 10.1% 12/31/1991
Large Cap Value (Net) 12.0% -7.7% -7.7% 0.9% 7.1% 8.2% 9.3%  
Russell 1000 Value 16.3% 2.8% 2.8% 6.1% 9.7% 10.5% 9.8%  

Calendar Year Returns

  Glenmede Gross Glenmede Net Russell 1000 Value Gross +/-
2020 -7.0% -7.7% 2.8% -9.8%
2019 26.3% 25.3% 26.5% -0.2%
2018 -10.4% -11.1% -8.3 -2.2%
2017 16.7% 15.8% 13.7% 3.0%
2016 19.0% 18.1% 17.3% 2.7%
2015 -2.6% -3.3% -3.8% 1.2%
2014 13.9% 13.0% 13.5% 0.4%
2013 34.3% 33.3% 32.5% 1.8%
2012 15.7% 14.8% 17.5% -1.8%
2011 -5.9% -6.6% 0.4% -6.3%
2010 23.9% 23.0% 15.5% 8.4%
2009 29.9% 28.9% 19.7% 10.2%
2008 -34.2% -34.7% -36.9% 2.7%
2007 5.5% 4.7% -0.2% 5.7%
2006 15.4% 14.6% 22.3% -6.9%
2005 11.0% 10.2% 7.1% 3.9%
2004 18.0% 17.1% 16.5% 1.5%
2003 26.2% 25.3% 30.0% -3.8

     

     

    This website is for informational purposes only and is not a solicitation for any product or service.  GIM products are actively managed and their characteristics will vary.  All investment has risk, including the risk of loss of principal.  There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful.  An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.