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All investments contain risk and may lose value. This video is for general information only and should not be relied on for investment advice or recommendation of any particular security, strategy, or investment product.
Specific company references provided herein are for illustrative purposes only and are not necessarily representative of investments that will be made in the future. Diversification does not protect from risk and does not ensure a profit.
The portfolio manager’s views and opinions expressed are as of May 6, 2026. Such views are subject to change without notice and may differ from others in the firm, or the firm as a whole. The portfolio manager’s comments may include estimated and/or forecasted views, which are believed to be based on reasonable assumptions within the bounds of current and historical information. However, there is no guarantee that any estimates, forecasts or views will be realized. Any discussion or view of a security, an asset class/segment, industry/sector and/or investment type is for illustration purposes only and should not be considered as investment recommendations, should not be assumed to be profitable, and are subject to change without notice. In the event of new information or changed circumstances, H&W reserves the right to change its investment perspective and outlook and has no obligation to provide revised assessments and/or opinions.
Investing in foreign as well as emerging markets involves additional risk such as greater volatility, political, economic, and currency risks and differences in accounting methods. A value-oriented investment approach involves the risk that value stocks may remain undervalued or may not appreciate in value as anticipated. Value stocks can perform differently from the market as a whole or from other types of stocks and may be out of favor with investors and underperform growth stocks for varying periods of time.
AI - Artificial Intelligence; Gross Domestic Product (GDP) is a monetary measure of the value of all goods and services produced within a country during a specific time period; The Magnificent Seven (Mag 7) represents Meta, Alphabet, Tesla, Nvidia, Apple, Amazon, and Microsoft; Price-to-Earnings (P/E) is calculated by dividing the current price of a stock by the company’s trailing 12 months’ earnings per share; and Return on equity (ROE) is a financial performance ratio that measures how effectively a company uses shareholders’ equity to generate net income.
The MSCI ACWI Index captures large and mid-cap representation across Developed Markets (DM) and Emerging Markets (EM) countries; The MSCI Emerging Markets Index captures large and mid cap representation across 24 Emerging Markets (EM) countries; The MSCI EAFE Index is a stock market index that measures the performance of large- and mid-cap companies across 21 developed markets countries around the world; The MSCI Emerging Markets ex China Index captures large and mid cap representation across Emerging Markets (EM) countries excluding China; The MSCI World ex-USA Index is a free float-adjusted weighted index capturing large and mid cap representation across 22 of 23 Developed Markets (DM) countries, excluding the United States. The Index includes reinvestment of dividends, net foreign withholding taxes; The Russell 1000® Growth Index measures the performance of those Russell 1000® companies with higher price-to-book ratios and higher forecasted growth values; The Russell 1000® Value Index measures the performance of those Russell 1000® Index companies with lower price-to-book ratios and lower forecasted growth values; and The S&P 500® Index is a broad-based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general.
Principal Risks Disclosure for the firm’s strategies are described in Part 2A of Form ADV of H&W.
Information obtained from independent sources is considered reliable, but H&W cannot guarantee its accuracy or completeness. Certain information contained in this material represents or is based upon forward-looking statements. Due to various risks and uncertainties, actual events/results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Nothing contained herein may be relied upon as a guarantee, promise, assurance or a representation as to the future. H&W is not responsible for any damages or losses arising from any use of this information.
Past performance is not indicative of future performance.
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