The Institutional Value Equity Portfolio

C000062555 Fund Overview

The Institutional Value Equity Portfolio is a US mutual fund managed by Hc Capital Trust, categorised as Developed ex-US 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: Hc Capital Trust
• Category: Developed ex-US Value Equity
• Assets under management: $1.07B
• SEC CIK: 0000934563
• SEC series ID: S000021772
• Share class ID: C000062555

C000062555 Investment Objective and Strategy

The Institutional Value Equity Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Hc Capital Trust.

Investment objective

The investment objective of The Institutional Value Equity Portfolio is to provide total return consisting of capital appreciation and current income.

Principal investment strategy

The Portfolio is a diversified investment company that is designed to implement a value-oriented investment approach. A value investor seeks to select securities that trade for less than the intrinsic value of the issuing company, as measured by fundamental investment considerations such as earnings, book value and dividend paying ability. Under normal circumstances, the Portfolio seeks to achieve its objective by investing primarily (i.e., at least 80% of its net assets) in equity securities. In the unlikely event that a change in this investment policy is adopted by the Board of Trustees, shareholders will receive at least 60 days prior written notice before such change is implemented. The Portfolio will focus its investments in equity securities of large and mid-capitalization issuers. As of the date of this Prospectus, companies with a market capitalization of between $2.5 billion and $34.7 billion would likely be included in the mid cap range.

Up to 20% of the total assets of the actively managed portion of the Portfolio may be invested in income-producing securities other than common stock, such as bonds, including those that are convertible into common stock. These income-producing securities may be of any quality or maturity. Up to 20% of the total assets of the total Portfolio may also be invested in securities issued by non-U.S. companies. The Portfolio may invest in securities issued by other investment companies, including ETFs, that invest in equity securities. Consistent with their respective investment styles, the Portfolios Specialist Managers may use option or futures contracts in order to pursue their investment objectives, gain market exposure pending investment or to hedge against fluctuations in market price of the securities in which the Portfolio invests.

In accordance with applicable interpretations of the SEC, certain derivative instruments may be counted as equity securities for purposes of the Portfolios policies regarding investments in equity securities, to the extent that such derivative instruments have economic characteristics similar to those of equity securities. Additionally, a portion of the Portfolio may be managed using a passive investment approach designed to approximate as closely as practicable, before expenses, the performance of either the Portfolios benchmark index or, from time to time, one or more identifiable subsets or other portions of that index. The Portfolio is authorized to operate on a multi-manager basis. This means that a single Portfolio may be managed by more than one Specialist Manager. The multi-manager structure is generally designed to provide investors access to broadly diversified investment styles.

The Trust seeks to engage skilled Specialist Managers to provide a broad exposure to the relevant asset class and returns in excess of the Portfolios benchmark over time.

C000062555 Costs and Fees

C000062555 costs about $21 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.21%
• Gross expense ratio: 0.21%
• Portfolio turnover: 39%
• Brokerage commissions: 1.08 bps of average net assets (SEC N-CEN)

C000062555 Cashflows

Over the 12 months to 2020-03, The Institutional Value Equity Portfolio had net inflows of $519.30M, from monthly SEC N-PORT filings.

C000062555 Debt Constituents

No individual debt constituents are reported in The Institutional Value Equity Portfolio's latest SEC N-PORT filing.

C000062555 Prospectus and SEC Filings

Official The Institutional Value Equity Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-11-08
• Prospectus (485BPOS) — filed 2018-11-09
• Prospectus (485BPOS) — filed 2017-11-09
• Portfolio holdings (N-PORT) — filed 2020-05-27
• Portfolio holdings (N-PORT) — filed 2020-02-27
• Portfolio holdings (N-PORT) — filed 2019-11-21
• Annual census (N-CEN) — filed 2019-09-11
• Annual census, amended (N-CEN/A) — filed 2018-09-21

Related Funds

Other Developed ex-US Value Equity funds tracked on ABC INVEST:

• ICON International Equity Fund (IIQCX)
• Counterpoint Long-Short Equity Fund (CPQAX)
• Amana Equity Income ETF (AMEI)
• Aristotle Multi-Sector Income ETF (ARMS)
• Integrity Dividend Harvest ETF (DIVH)

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.