Large cap U.S. listed equity portfolio that offers above-average dividend income and defensive characteristics.
In an investment landscape that features scarcity of income yield in U.S. public equities, U.S. Equity Income aims to generate sustainable and above-average dividend income streams via investments in high quality U.S. listed companies.
The portfolio is composed of large-cap defensive equities with a heavy tilt towards defensive sectors such as Healthcare, Consumer Staples, Utilities and Communication Services. As such, U.S. Equity Income features lower sensitivity (low beta) to the broad U.S. equity indices and its low volatility profile enables strong downside protection.
Portfolio construction is based on quantitative scoring of our U.S. equity universe with a focus on Value, Quality, Safety, Payout, Technical and Sentiment metrics, as well as ESG traits. In particular, the Quality and Safety metrics ensure that stock selection is geared towards low-risk companies that exhibit high levels of profitability and low financial leverage.
This strategy can also be accessed in a Europe Exposure, Global Exposure, Hong Kong Exposure, Japan Exposure and a UK Exposure
Equity | 99.52% | |
Fixed Income | ||
Commodities | ||
Cash | 0.48% |
America | 62.58% | |
Greater Europe | 32.46% | |
Developed Asia | 4.96% | |
Emerging Asia | ||
Central/Latin America |
Financials | ||||||||
Industrials | ||||||||
Consumer Discretionary | ||||||||
Real Estate | 4.21% | |||||||
Consumer Staples | 9.24% | |||||||
Materials | ||||||||
Healthcare | 33.33% | |||||||
Utilities | 13.13% | |||||||
Technology | 3.92% | |||||||
Energy | 4.14% | |||||||
Communications | 32.03% |
Asset Class | Weight (%) |
---|---|
1. Swisscom AG | 5.26% |
2. Orange SA | 4.98% |
3. Tesco PLC | 4.97% |
4. Takeda Pharmaceutical Co Ltd | 4.94% |
5. Comcast Corp | 4.87% |
6. National Grid PLC | 4.78% |
7. Novartis AG | 4.43% |
8. AT&T Inc | 4.32% |
9. Gilead Sciences Inc | 4.30% |
10. AbbVie Inc | 4.26% |