Mazama Large Cap Growth
Mazama Large Cap Growth is an actively managed portfolio of approximately 40 growth stocks. This strategy focuses on large cap growth companies with market capitalizations found within its benchmark, the Russell 1000 Growth Index. The objective of this strategy is to outperform its benchmark over complete market cycles.
| Strategy Profile | |
|---|---|
| Inception date | December 1, 2008 |
| Benchmark | Russell 1000 Growth Index |
| Approximate number of holdings | 40 |
| Average cash position | 0 – 2% |
| Reward Characteristics |
|---|
| Bottom-up, fundamental stock selection process |
| Fully invested at all times (<2% cash) |
| Growth rates > 20% |
| Focus on market caps represented by the Russell 1000 Growth Index |
| > 60% of our portfolio assets in the top 20 stocks |
| Risk Constraints1 |
|---|
| Positions are generally limited to 5% of portfolio value |
| Normal sector allocations are within 1000 basis points variance from those of the Russell 1000 Growth Index |
| Focus on investing in only the highest quality companies in our universe |
| Proprietary Price Performance Model provides dynamic indication of timely buy and sell decisions |
| Characteristics and Statistics as of 30 JUN 2010 | Mazama Large Cap Growth | Russell 1000 Growth Index |
|---|---|---|
| Number of holdings | 40 | 631 |
| Weighted average market capitalization | $71 billion | $70 billion |
| Upside Capture %2 (since inception) | 142% | |
| Downside Capture % (since inception) | 120% |
| Sector Allocation3as of 30 JUN 2010 | Mazama Large Cap Growth | Russell 1000 Growth Index |
|---|---|---|
| Technology | 33% | 30% |
| Consumer Discretionary | 14% | 16% |
| Health Care | 16% | 11% |
| Financial Services | 13% | 6% |
| Producer Durables | 9% | 14% |
| Energy | 6% | 10% |
| Materials & Processing | 3% | 5% |
| Utilities | 0% | 0% |
| Consumer Staples | 6% | 8% |
| Cash & Cash Equivalents | 0% | 0% |
- Contractual risk constraints may vary and will be determined when an advisory agreement is established.
- “Upside Capture” is the cumulative return of the Mazama Large Cap Growth Composite during quarters in which the benchmark was up, relative to the benchmarks cumulative performance during the same quarters. “Downside Capture” is the same calculation but accumulates the performance from quarters in which the benchmark was down. Performance is net of fees. Mazama Capital Management, Inc. has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS©).
- All portfolio holdings and index data provided by Mellon Analytical Services and Russell Indexes.