Fees & Expenses
Pricing & Performance
Past performance is not indicative of future results. Information above does not take into account any applicable sales charges.
Average Annual Total Returns As of 07/31/2022 As of 06/30/2022
Average Annual Total Returns
Past performance is not indicative of future results. The Portfolio's calendar year returns do not include the deduction of any applicable sales charges.
Composition As of 06/30/2022
Holdings As of 07/31/2022
Full Holdings Report available at least 45 calendar days after quarter-end.
As of July 31, 2022, the Fund does not have direct exposure to and does not hold companies listed or domiciled in Russia, Ukraine or Belarus.
Portfolio turnover is sourced from the fund's current prospectus. View current prospectus for the as of date.
Insights by Counterpoint Global
Intangibles and Earnings
Apr 12, 2022
The shift from tangible to intangible investments has complicated the ability to interpret financial statements. One solution is to record intangible investments on the balance sheet and then amortize them over their useful lives. These adjustments recast profitability for some companies and are inconsequential for others. Overall, we estimate that earnings for the S&P 500 would be about 10 percent higher with these changes. This suggests great caution in comparing earnings or valuation multiples over time.