Enhanced Equity
This Enhanced Index approach aims to deliver excess returns relative to its S&P 500Ⓡ benchmark while minimizing tracking error, providing a diversified portfolio as an alternative to passive investing.
Annualized Returns †, 1,
†As of 03/31/2026. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
*Strategy inception 2/1/1995,
Enhanced Index Posture initiated 1/1/2001
Annual Rates of Return †, 1,
†As of 03/31/2026. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
*Strategy inception 2/1/1995,
Enhanced Index Posture initiated 1/1/2001
Strategy Characteristics 2,
TWIN Enhanced Equity
S&P 500® Index
Number of Holdings
161
504
Weighted Average Market Cap ($ Mil)
1,122,715
1,117,319
Median Market Cap ($ Mil)
88,905
39,274
Forecasted Tracking Error (Barra Predicted)
0.8%
-
Portfolio Beta (Barra Predicted)
0.98
Dividend Yield
1.29%
1.25%
Price/Earnings (Trailing 12 Months)
25.8x
27.4x
Price/Book Value
7.7x
7.6x
Annual Turnover (Trailing 12 Months)
22.6%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Enhanced Equity
Alpha
0.6%
Tracking Error
1.4%
Information Ratio
0.42
Beta
0.98
Standard Deviation
14.8%
Sharpe Ratio
0.50
Upside Capture
99%
Downside Capture
97%
1See Disclosures
4See Disclosures
*Strategy inception 2/1/1995, Enhanced Index Posture initiated 1/1/2001
GICS® SECTOR WEIGHTS (%) 2,
TWIN Enhanced Equity
S&P 500® Index
Active
Communications Services
10.1
10.3
-0.2
Consumer Discretionary
9.9
9.9
0.0
Consumer Staples
5.3
5.3
0.0
Energy
4.1
4.0
0.1
Financials
12.5
12.6
-0.1
Health Care
9.5
9.5
0.0
Industrials
9.2
9.0
0.1
Information Technology
32.7
32.9
-0.3
Materials
2.2
2.1
0.1
Real Estate
2.0
2.0
0.1
Utilities
2.7
2.5
0.2
2See Disclosures
