PORTFOLIO CONSTRUCTION
Target Position Level Parameters
Typical Number of Positions |
30 to 35 |
30 to 35 |
Typical Size |
2% to 5% |
1% to 3% |
Maximum Size (at cost) |
5% |
5% |
Typical Holding Period |
2-3 years |
6-24 months |
Target Portfolio Level Parameters
Typical Gross Exposure |
125% to 175% |
Typical Net Exposure |
-10% to 50% |
Geographic Exposure |
U.S. listed including ADRs |
Net Sector Exposure |
25% maximum |
Market Cap Range |
There are no cap restrictions |
*Please note that these are target position levels and are not intended to be actual limits to trading.