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 12/31/2024. 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 12/31/2024. 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
503
Weighted Average Market Cap ($ Mil)
1,054,202
1,054,462
Median Market Cap ($ Mil)
65,973
37,134
Forecasted Tracking Error (Barra Predicted)
0.9%
-
Portfolio Beta (Barra Predicted)
1.00
Dividend Yield
1.3%
1.3%
Price/Earnings (Trailing 12 Months)
28.6x
29.1x
Price/Book Value
6.9x
7.4x
Annual Turnover (Trailing 12 Months)
18%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Enhanced Equity
Alpha
0.6%
Tracking Error
1.5%
Information Ratio
0.42
Beta
0.98
Standard Deviation
14.9%
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
9.5
9.4
0.1
Consumer Discretionary
11.1
11.3
-0.2
Consumer Staples
5.5
5.5
0.0
Energy
3.0
3.2
-0.2
Financials
13.4
13.6
-0.2
Health Care
10.1
10.1
0.0
Industrials
8.0
8.2
-0.2
Information Technology
32.8
32.5
0.3
Materials
1.9
1.9
0.0
Real Estate
2.3
2.1
0.2
Utilities
2.4
2.3
0.1
2See Disclosures
