EQ/Ivy Science and Technology Portfolio
Data updated: 2020-08-25
C000203190 — EQ/Ivy Science and Technology Portfolio. Emerging Markets Growth Information Technology Equity. Holdings, fees, performance and SEC filings.
C000203190 Fund Overview
EQ/Ivy Science and Technology Portfolio is a US mutual fund managed by Eq Advisors Trust, categorised as Emerging Markets Growth Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Eq Advisors Trust
- Category: Emerging Markets Growth Information Technology Equity
- SEC CIK: 0001027263
- SEC series ID: S000062655
- Share class ID: C000203190
C000203190 Investment Objective and Strategy
EQ/Ivy Science and Technology Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Eq Advisors Trust.
Investment objective
Seeks to provide growth of capital.
Principal investment strategy
The Portfolio invests primarily in the equity securities of science and technology companies around the globe. Under normal circumstances, the Portfolio invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of science or technology companies. Such companies may include companies that, in the opinion of the Sub-Adviser, derive a competitive advantage by the application of scientific or technological developments or discoveries to grow their business or increase their competitive advantage. Science and technology companies are companies whose products, processes or services, in the opinion of the Sub-Adviser, are being, or are expected to be, significantly benefited by the use or commercial application of scientific or technological developments or discoveries.
The Portfolio also may invest in companies that utilize science and/or technology as an agent of change to significantly enhance their business opportunities. Companies in which the Portfolio may invest may include companies in the information technology sector. The Portfolio may invest in securities issued by companies of any size and may invest without limitation in foreign securities, including securities of issuers within emerging markets. The Portfolio is non-diversified, which means that it may invest a greater portion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified portfolio. The Sub-Adviser typically emphasizes growth potential in selecting stocks; that is, the Sub-Adviser seeks companies in which earnings are likely to grow faster than the economy.
The Sub-Adviser aims to identify strong secular trends within industries and then applies a largely bottom-up (researching individual issuers) stock selection process by considering a number of factors in selecting securities for the Portfolio. These may include, but are not limited to, a companys growth potential, earnings potential, quality of management, valuation, financial statements, industry position/market size potential and applicable economic and market conditions, as well as whether a companys products and services have high barriers to entry. The Portfolio typically holds a limited number of stocks (generally 40 to 60). Many of the companies in which the Portfolio may invest have diverse operations, with products or services in foreign markets. Therefore, the Portfolio may have indirect exposure to various foreign markets through investments in these companies, even if the Portfolio is not invested directly in such markets.
Generally, in determining whether to sell a security, the Sub-Adviser uses the same type of analysis that it uses in buying securities in order to determine whether the security has ceased to offer significant growth potential, has become overvalued and/or whether the company prospects of the issuer have deteriorated due to a change in management, a change in strategy and/or a change in its financial characteristics. The Sub-Adviser also may sell a security to reduce the Portfolios holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash. The Portfolio also may lend its portfolio securities to earn additional income.
C000203190 Costs and Fees
C000203190 costs about $115 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.15%
- Gross expense ratio: 1.27%
- Portfolio turnover: 117%
- Brokerage commissions: 6.23 bps of average net assets (SEC N-CEN)
C000203190 Cashflows
Over the 12 months to 2020-06, EQ/Ivy Science and Technology Portfolio had net inflows of $12.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-06 | $12.77M |
| 2020-05 | −$1.48M |
| 2020-04 | −$330.57K |
| 2020-03 | $156.43K |
| 2020-02 | −$775.96K |
| 2020-01 | −$1.69M |
C000203190 Debt Constituents
No individual debt constituents are reported in EQ/Ivy Science and Technology Portfolio's latest SEC N-PORT filing.
C000203190 Prospectus and SEC Filings
Official EQ/Ivy Science and Technology Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-19
- Prospectus (485BPOS) — filed 2019-05-16
- Prospectus (485BPOS) — filed 2018-08-15
- Portfolio holdings (N-PORT) — filed 2020-08-25
- Portfolio holdings (N-PORT) — filed 2020-05-28
- Portfolio holdings (N-PORT) — filed 2020-02-24
- Annual census (N-CEN) — filed 2020-03-13
- Annual census (N-CEN) — filed 2019-03-15
Related Funds
Other Emerging Markets Growth Information Technology 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.