Charter Small Cap Value Portfolio

Data updated: 2020-08-25

C000046831 — Charter Small Cap Value Portfolio. Emerging Markets Small Cap Value Equity · 1.45% expense ratio. Holdings, fees, performance and SEC filings.

C000046831 Fund Overview

Charter Small Cap Value Portfolio is a US mutual fund managed by Axa Premier Vip Trust, categorised as Emerging Markets Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Axa Premier Vip Trust
Category: Emerging Markets Small Cap Value Equity
SEC CIK: 0001160168
SEC series ID: S000016770
Share class ID: C000046831

C000046831 Investment Objective and Strategy

Charter Small Cap Value Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Axa Premier Vip Trust.

Investment objective

Seeks to achieve long-term growth of capital.

Principal investment strategy

The Portfolio pursues its investment objective by investing in other mutual funds managed by AXA Equitable Funds Management Group, LLC (FMG LLC or Adviser) and in investment companies managed by investment managers other than FMG LLC (affiliated and unaffiliated Underlying Portfolios) and in exchange traded securities of other investment companies or investment vehicles (Underlying ETFs) comprising various asset categories and strategies. The Portfolio will invest in Underlying Portfolios and Underlying ETFs such that at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) are invested in equity securities of small-capitalization companies (which may include derivatives exposure to equity securities of small capitalization companies). For purposes of this Portfolio, small capitalization companies are companies with a market capitalization that is similar to or below the highest market capitalization range of the Russell 2000 Index at the time of investment (approximately $9.4 billion as of December 31, 2017).

The Portfolio allocates its assets to Underlying Portfolios and Underlying ETFs that invest among various asset categories. The asset categories and strategies of the Underlying Portfolios and Underlying ETFs in which the Portfolio invests are as follows: Domestic Small Cap Equity Domestic Micro Cap Equity Emerging Markets Small Cap Equity International/Global Small Cap Equity In addition, the Portfolio may invest in Underlying Portfolios and Underlying ETFs that employ derivatives (including futures contracts) for a variety of purposes, including to reduce risk, to seek enhanced returns from certain asset classes, and to leverage exposure to certain asset classes. The Adviser selects the Underlying Portfolios and Underlying ETFs in which to invest the Portfolios assets. In selecting Underlying Portfolios and Underlying ETFs, the Adviser will utilize a proprietary investment process that may take into consideration a number of factors including, as appropriate and applicable, fund performance, management team, investment style, correlations, asset class exposure, industry classification, benchmark, risk adjusted return, volatility, expense ratio, asset size and portfolio turnover.

For purposes of complying with the 80% policy identified above, the Adviser will identify Underlying Portfolios and Underlying ETFs in which to invest by reference to such Underlying Portfolios or Underlying ETFs name and investment policies at the time of investment. An Underlying Portfolio or Underlying ETF that changes its name or investment policies subsequent to the time of the Portfolios investment may continue to be considered an appropriate investment for purposes of the 80% policy. For purposes of asset class and asset category target allocations, where an Underlying Portfolio or Underlying ETF could be assigned to more than one asset class (e.g., equity and alternative asset classes) or category (e.g., international bond and global bond asset categories), the Adviser may, in its discretion, assign an Underlying Portfolio or Underlying ETF to one or more asset classes or categories.

The Adviser may add new Underlying Portfolios and Underlying ETFs or replace or eliminate existing Underlying Portfolios and Underlying ETFs without shareholder approval. The Underlying Portfolios and Underlying ETFs have been selected to represent a reasonable spectrum of investment options for the Portfolio. The Adviser may sell the Portfolios holdings for a variety of reasons, including to invest in an Underlying Portfolio or Underlying ETF believed to offer superior investment opportunities.

C000046831 Costs and Fees

C000046831 costs about $145 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.45%
Gross expense ratio: 1.47%
Portfolio turnover: 6%
Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000046831 Cashflows

Over the 12 months to 2020-06, Charter Small Cap Value Portfolio had net outflows of $69.03K, from monthly SEC N-PORT filings.

Month	Net flow
2020-06	$3.21M
2020-05	$673.12K
2020-04	$368.18K
2020-03	−$2.58M
2020-02	−$1.13M
2020-01	−$917.51K

C000046831 Debt Constituents

No individual debt constituents are reported in Charter Small Cap Value Portfolio's latest SEC N-PORT filing.

C000046831 Prospectus and SEC Filings

Official Charter Small Cap Value Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Emerging Markets Small Cap Value Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.