OVERVIEW
Crossmark Large Cap Value strategy seeks to outperform the investment benchmark (the Russell 1000 Value Index) over a market cycle. The strategy’s investment process employs a combination of fundamental and quantitative factors, values-based criteria, and prudent portfolio constraints and risk management tools with the goal of long-term capital appreciation. Factors utilized in the traditional multi-factor model include earnings quality, profitability, growth dynamics, valuation and capital deployment. The strategy is subject to Crossmark’s values-based screening methodology and utilizes values- based data from 3rd party providers as well as our in-house research team. The risk management process involves set parameters around issuers, sectors, industries and risk factors as compared to a widely recognized large and mega-cap value-oriented equity index. The number of holdings in this strategy averages 45-60, investing with an emphasis on large and mega-cap companies.
Snapshot
- Morningstar Category
- US Large Value
- Inception Date
- 7/1/2021
- Strategy Assets
- $26,297,250
- Investment Minimum
- $100,000
- Average Market Cap (M)
- $166,590
- # of Holdings
- 56
Composite Performance (%)
| Composite Performance (%) | Quarter | YTD | 1 Year | 3 Year | Inception |
|---|---|---|---|---|---|
| Crossmark Large Cap Value - Gross | 0.03 | 24.42 | 24.42 | 10.80 | 10.81 |
| Crossmark Large Cap Value - Net | -0.03 | 24.14 | 24.14 | 10.55 | 10.58 |
| Russell 1000 Value | -1.98 | 14.37 | 14.37 | 5.63 | 6.82 |
| Composite Calendar Year Performance (%) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Crossmark Large Cap Value - Gross | 24.42 | 14.05 | -4.12 |
| Crossmark Large Cap Value - Net | 24.14 | 13.79 | -4.34 |
| Russell 1000 Value | 14.37 | 11.46 | -7.54 |
Composite illustrated is the Crossmark Large Cap Value Composite.
Net performance was calculated using actual management fees. As of the date presented, the composite contained only 10 accounts, which were commission-based accounts that pay management fees ranging from 0.05% to 0.50% annually. Crossmark’s maximum management fee for this strategy is 0.50% annually.
Portfolio Managers
ROBERT C. DOLL, CFA
RYAN E. CAYLOR, CFA
Resources
The Crossmark Large Cap Value strategy is comprised of accounts that are invested in stocks of large and mega-cap value-oriented U.S. companies using Crossmark’s values-based screening, and seeks to outperform the investment benchmark over a market cycle. The Large Cap Value Composite is comprised of all discretionary, fee-paying, commission-based, dual contract and/or separately managed accounts that are managed according to this strategy. The composite has a creation date and inception date of July 1, 2021. The primary benchmark for this composite is the Russell 1000 Value Index. The Russell 1000 Value Index measures the performance of the large cap value segment of the US equity universe.
Index returns shown assume the reinvestment of all dividends and distributions.
The U.S. Dollar is the currency used to express performance. The performance reflects the reinvestment of dividends and other earnings to the extent that client accounts included in the composite elected to reinvest dividends and earnings. Performance figures shown gross of fees do not reflect the payment of investment advisory fees.
GIPS is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
All Investments are subject to risks, including the possible loss of principal. Past performance does not guarantee future results. The Large Cap Value strategy may not achieve its objective if the managers’ expectations regarding particular securities or markets are not met. Equity investments generally involve two principal risks—market risk and selection risk. The value of equity securities will rise and fall in response to general market and/or economic conditions (equity market risk). The value of any individual equity security will rise and fall in response to the market’s perception of the issuer’s revenues, earnings, balance sheet, credit worthiness, business plan, and overall perception of the viability of the issuer’s business (selection risk).
The Strategy’s values-based screening policies exclude certain securities issuers from the universe of otherwise available investments. As a result, the Strategy may not achieve the same level of performance as it otherwise would have in the absence of the screening process. If the Strategy has invested in a company that is later discovered to be in violation of one or more screening criteria and liquidation of an investment in that company is required, selling the securities at issue could result in a loss to the Fund. Further, the Strategy’s values-based screening policies may prevent the Strategy from participating in an otherwise suitable investment opportunity.
Crossmark Global Investments, Inc. (Crossmark) is an investment adviser registered with the Securities and Exchange Commission that provides discretionary investment management services to mutual funds, institutions, and individual clients. Investment advice can be provided only after the delivery of Crossmark’s firm Brochure and Brochure Supplement Form ADV (Parts 2A and 2B) and Form CRS, and once a properly executed investment advisory agreement has been entered into by the client. Crossmark claims compliance with the Global Investment Performance Standards (GIPS®). Prospective clients can obtain a GIPS Composite Report by sending a request to: advisorsolutions@crossmarkglobal.com.