Strategic

Equity

Mutual Fund

GIM seeks to invest primarily in common stocks of well-managed companies with durable business models that can be purchased at attractive valuations. We have developed a list of characteristics we believe help identify companies that create shareholder value over the long term and manage risk.  While few companies possess all of these characteristics at any given time, we search for companies that demonstrate a majority or an appropriate mix of these characteristics.

Focus on performance across economic cycles
Emphasizes long-term return and limiting downside risk

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

Stringent risk controls
Ongoing screening and analysis to eliminate stocks at risk

Consistency and discipline
A consistent, disciplined investment process since strategy inception (March 31, 2004)

Summary Investment Guidelines

  • Universe: S&P 500 and other large cap stocks
  • Benchmark: S&P 500 Index
  • 40-50 holdings
  • Position sizes depend on fundamental attractiveness and targeted sector exposure
  • Sector weights: may vary by as much as +/- 5% relative to benchmark weight; may not be exposed to all sectors represented in S&P 500
  • Maximum position size: 5% for any security
  • Cash positions minimal (<2%)
  • Non-U.S. companies generally less than 5%

Portfolio Managers

  • John R. Kichula, CFA

    Portfolio Manager, Strategic Equity
  • Mark Livingston, CFA

    Portfolio Manager, Strategic Equity
 
As of 3/31/2019 QTD YTD 1 YEAR 3 YEAR 5 YEAR 10 YEAR Since Inception Inception Date
Glenmede Strategic Equity (Gross) 14.4% 14.4% 6.8% 15.0% 12.1% 15.7% 9.0% 03/31/2004
Glenmede Strategic Equity (Net) 14.2% 14.2% 6.0% 14.2% 11.3% 14.8% 8.2%  
S&P 500 13.6% 13.6% 9.5% 13.5% 10.9% 15.9% 8.6%  

Calendar Year Returns

  Glenmede Gross Glenmede Net S&P 500 Gross +/-
2018 -6.0 -6.7 -4.4 -1.6
2017 27.0% 26.1% 21.8% 5.2%
2016 13.3% 12.5% 12.0% 1.3%
2015 1.5% 0.8% 1.4% 0.1%
2014 14.1% 13.3% 13.7% 0.4%
2013 31.5% 30.6% 32.9% -1.4%
2012 13.9% 13.1% 16.0% -2.1%
2011 -0.7% -1.4% 2.1% -2.8%
2010 14.3% 13.4% 15.1% -0.8%
2009 26.4% 25.4% 26.5% -0.1%
2008 -34.8% -35.3% -37.0% 2.2%
2007 10.7% 9.9% 5.5% 5.2%
2006 13.9% 13.1% 15.8% -1.9%
2005 5.5% 4.7% 4.9% 0.6%
2004* 9.6% 9.0% 9.0% 0.6%

 

*Performance 3/31/2004 - 12/31/2004