Global Value Fund (HWGAX)

I SHARES    A SHARES   
Characteristics
As of 09/30/2018
ASSET ALLOCATION (%)
U.S. Stocks 50.9
Non-U.S. Stocks 48.5
Cash & Equivalents 0.6
TOP TEN STOCKS (%)1
American International Group Inc.
4.7
WestJet Airlines
3.8
Societe Generale SA
3.0
Discovery Inc.
3.0
Hewlett Packard Enterprise
3.0
Oracle Corp.
2.8
Whiting Petroleum Corp.
2.8
ARRIS International PLC
2.8
Seritage Growth Properties
2.7
Wells Fargo & Co.
2.6
0% 1% 2% 3% 4% 5%
TOP FIVE COUNTRIES (%)
United States 50.9
United Kingdom 17.4
France 6.1
Canada 5.2
Italy 4.7
TOP TEN INDUSTRIES (%)1
Banks
17.7
Insurance
9.0
Oil, Gas & Consumable Fuels
8.7
Machinery
7.9
Software
4.9
Communications Equipment
4.5
Airlines
3.8
Aerospace & Defense
3.4
Automobiles
3.3
Media
3.0
0% 4% 8% 12% 16% 20%
SECTOR BREAKDOWN (%)1
  Portfolio Russell Developed2
Financials 28.5 16.5
Industrials 21.9 12.2
Information Technology 14.7 17.8
Energy 11.7 6.4
Consumer Discretionary 6.7 12.7
Health Care 3.8 12.0
Consumer Staples 3.7 7.7
Real Estate 2.7 4.1
Utilities 0.0 3.0
Materials 0.0 5.3
Communication Services 0.0 0.0
STATISTICS
  Portfolio Russell Developed
Projected P/E (FY2) 10.8x 15.0x
Price/Normal Earnings 7.7x 16.4x
Price/Book 1.2x 2.3x
Price/Sales 0.8x 1.6x
Weighted Average Market Capitalization (millions) $59,007 $146,657
Median Market Capitalization (millions) $19,885 $1,706
Standard Deviation 11.56 8.99
Beta 1.07 --
Alpha -1.59 --
R-Squared 0.69 --
REGIONAL BREAKDOWN (%)1
Portfolio
Russell Developed
0%
10%
20%
30%
40%
50%
60%
70%
United States
Continental Europe
Japan
United Kingdom
Pacific ex Japan
Canada
Emerging Market
Middle East
Other
50.9
61.4
21.1
15.8
3.0
9.1
17.4
5.3
0.0
4.3
5.2
3.3
1.9
0.3
0.0
0.3
0.0
0.1

 

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.

% of Total Portfolio includes total investments, cash and cash equivalents, and accrued investment income on a trade date basis. 
2 As of 6/30/18

Index definitions

Glossary of financial terms