Global Value Fund (HWGIX)

I SHARES    A SHARES   
Characteristics
As of 08/31/2019
ASSET ALLOCATION (%)
U.S. Stocks 52.3
Non-U.S. Stocks 46.7
Cash & Equivalents 1.0
TOP TEN STOCKS (%)1
American International Group Inc.
4.7
General Electric Co.
4.5
Wells Fargo & Co.
4.1
Goldman Sachs Group Inc.
3.8
Microsoft Corp.
3.5
BAE Systems PLC
2.9
CNH Industrial NV
2.9
Discovery Inc.
2.7
Magna International Inc.
2.5
Seritage Growth Properties
2.5
0% 1% 2% 3% 4% 5%
TOP FIVE COUNTRIES (%)
United States 52.3
United Kingdom 17.8
France 5.1
Japan 4.9
Netherlands 4.2
TOP TEN INDUSTRIES (%)1
Banks
16.8
Insurance
8.6
Machinery
6.6
Software
5.9
Aerospace & Defense
5.8
Capital Markets
5.5
Oil, Gas & Consumable Fuels
4.7
Industrial Conglomerates
4.5
Automobiles
3.8
Electronic Equipment & Instruments
3.5
0% 4% 8% 12% 16% 20%
SECTOR BREAKDOWN (%)1
  Portfolio MSCI World2
Financials 31.0 15.8
Industrials 21.7 11.2
Information Technology 13.2 16.3
Consumer Discretionary 8.4 10.5
Energy 8.0 5.6
Health Care 5.1 12.6
Communication Services 5.0 8.3
Consumer Staples 4.0 8.5
Real Estate 2.5 3.2
Utilities 0.0 3.4
Materials 0.0 4.6
STATISTICS
  Portfolio MSCI World
Projected P/E (FY2) 9.7x 14.7x
Price/Normal Earnings 6.9x 16.2x
Price/Book 1.0x 2.3x
Price/Sales 0.7x 1.6x
Weighted Average Market Capitalization (millions) $86,538 $169,846
Median Market Capitalization (millions) $26,024 $12,946
Standard Deviation 15.15 11.12
Beta 1.24 --
Alpha -5.55 --
R-Squared 0.83 --
REGIONAL BREAKDOWN (%)1
Portfolio
MSCI World
0%
10%
20%
30%
40%
50%
60%
70%
United States
Continental Europe
Japan
United Kingdom
Pacific ex Japan
Canada
Middle East
Other
Emerging Market
52.3
62.8
19.5
15.8
4.9
8.2
17.8
5.0
0.0
4.2
2.5
3.5
0.0
0.2
0.0
0.2
1.9
0.2

 

Mutual fund investing involves risk. Principal loss is possible. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. The Fund may invest in American Depository Receipts (“ADRs”) and Global Depository Receipts (“GDRs”) which may be subject to some of the same risks as direct investment in foreign companies.

Diversification does not assure a profit nor protect against loss in a declining market.

Information on the Fund’s holdings, portfolio characteristics and attribution reports are subject to its portfolio holdings disclosure policy. Such information may be obtained through the Funds’ website or by calling 800-796-5606. Fund holdings and/or sector allocations are subject to change and are not buy/sell recommendations. Information presented based on proprietary or third-party estimates are subject to change and cannot be guaranteed.

MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed, or produced by MSCI. See Index definitions for full disclaimer.

% of Total Portfolio includes total investments, cash and cash equivalents, and accrued investment income on a trade date basis. 
2 As of 6/30/19

Index definitions

Glossary of financial terms