TWIN Enhanced 50
This concentrated Tax-Managed Enhanced Index approach aims to consistently outperform the S&P 500Ⓡ benchmark after-taxes, while taking similar or less risk than the market. This strategy holds 50 or less stocks.
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
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
*Inception October 1, 2018
Strategy Characteristics 2,
TWIN Enhanced 50
S&P 500® Index
Number of Holdings
50
503
Weighted Average Market Cap ($ Mil)
1,178,982
1,054,462
Median Market Cap ($ Mil)
164,152
37,134
Forecasted Tracking Error (Barra Predicted)
1.8%
-
Portfolio Beta (Barra Predicted)
1.0
-
Dividend Yield
1.2%
1.3%
Price/Earnings (Trailing 12 Months)
29.7x
29.1x
Price/Book Value
6.6x
7.4x
Annual Turnover (Trailing 12 Months)
15.3%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Enhanced 50
Alpha
0.8%
Tracking Error
2.0%
Information Ratio
0.40
Beta
0.98
Standard Deviation
14.9%
Sharpe Ratio
0.69
1See Disclosures
4See Disclosures
GICS® SECTOR WEIGHTS (%) 2,
TWIN Enhanced 50
S&P 500® Index
Active
Communications Services
9.5
9.4
0.1
Consumer Discretionary
11.4
11.3
0.1
Consumer Staples
5.7
5.5
0.2
Energy
3.1
3.2
-0.1
Financials
13.7
13.6
0.1
Health Care
10.3
10.1
0.2
Industrials
7.7
8.2
-0.5
Information Technology
32.5
32.5
0.0
Materials
2.2
1.9
0.3
Real Estate
1.8
2.1
-0.3
Utilities
2.2
2.3
-0.1
2See Disclosures
