Review our resources for client conversations.
Help clients understand how our distinct business model funds innovative medical research.
We're always looking for exceptional team members.
Pursuing Quality No Matter Where
Markets Are Headed
STOXX® is a registered trademark of STOXX Ltd.
Like many asset classes, value-style investing moves in and out of favor. VALQ's emphasis on Quality seeks to dampen this cyclicality to pursue more consistent returns across the market cycle. Learn more about the cyclicality of Value investing.
What's the best way to measure business quality? Profitability? Indebtedness? Use of capital? We believe high-quality enterprises possess all of these attributes—and more.
We also believe it takes more than a few measures to identify companies with the right combination of characteristics.
VALQ's proprietary, multi-faceted methodology is designed to help avoid the value trap by steering clear of low-priced companies that could deteriorate further.
As market conditions change, the portfolio dynamically allocates between Value and Income stocks.
This approach is designed to help mitigate risk without losing the capital appreciation potential of Value stocks.
In favorable equity markets, the portfolio adjusts to overweight Value stocks to take advantage of their return potential. In challenging, more volatile markets, the portfolio emphasizes Income stocks to help manage risk.
Monthly rebalances allow the portfolio to adapt quickly to changing market dynamics.
Data from 1/1/1990 to 12/31/2017. Russell 1000® Value Index and Russell 1000® Index. Past performance is no guarantee of future results. Source: Morningstar Direct
Since 1990, Value has underperformed the broad market more than half the time.
Learn more about the VALQ fund characteristics and performance.
Download our client-ready flyer to share with your clients.
Understanding ETF liquidity and trading.
Always remember to look under the hood.
Learn more about our ETF products.
Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price, not Net Asset Value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
This fund is not actively managed and the portfolio managers do not attempt to take defensive positions under any market conditions, including declining markets. The portfolio managers also do not generally add or remove a security from the fund until such security is similarly added or removed from the underlying index. Therefore, the fund may hold an underperforming security or not hold an outperforming security until the underlying index reacts. This may result in underperformance compared to the market generally. In addition, there is no assurance that the underlying index will be determined, composed or calculated accurately. While the index provider provides descriptions of what the underlying index is designed to achieve, the index provider does not guarantee the quality, accuracy or completeness of data in respect of its indices, and does not guarantee that the underlying index will be in line with the described index methodology. Gains, losses or costs to the fund caused by errors in the underlying index may therefore be borne by the fund and its shareholders.
The STOXX® Index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland ("STOXX"), Deutsche Börse Group or their licensors, which is used under license. The fund is neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the STOXX® Index or its data.
The Russell 1000® Index is a trademark/service mark of the Frank Russell Company. Russell® is trademark of the Frank Russell Company.
Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investments Services, Inc.