Strategies/Equity Strategies
INTERNATIONAL GROWTH - Risk Management
PNC Capital Advisors' objective is to achieve excess returns while reducing excess risk in the portfolio. Our portfolio construction process is relative to our benchmark, the MSCI EAFE Growth Index.
  • Active risk relative to bench through tracking error of 4%-6%
  • Active securities level weighting vs benchmark
  • Currency views expressed via top-down country model

Industry constraints are contained at the security, sector and country levels.

 

 Minimum Allocation

 Maximum Allocation

 Stock

  Absolute Limit

 0%

 5%

 Country

  All EAFE Countries (>2%), ex. UK & Japan
 UK and Japan
 Non-EAFE Countries

 0%
 50% benchmark weight
 0%

 3x benchmark weight
 2x benchmark weight
 20% of total portfolio*

 Sector

  If < 10% in the benchmark
 if > 10% in the benchmark

 0%
 50% benchmark weight

 3x benchmark weight
 2x benchmark weight

*Investments in emerging markets and Canada are opportunistic with a maximum total allocation of 20%.

As of September 29, 2009, PNC Capital Advisors, Inc. and its affiliate Allegiant Asset Management Company each merged into and with PNC Capital Advisors, LLC. PNC Capital Advisors, LLC is an SEC-registered investment adviser, offering an array of investment strategies. PNC Capital Advisors, LLC is a subsidiary of The PNC Financial Services Group, Inc.

PNC Capital Advisors, LLC serves as investment adviser and co-administrator to PNC Funds, a mutual fund family offering domestic and international equity, taxable and tax-exempt fixed income and money market portfolios. PNC Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with PNC and is not a bank.

INVESTMENTS: NOT FDIC INSURED - NO BANK OR FEDERAL GOVERNMENT GUARANTEE - MAY LOSE VALUE



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