<< RAFI Multi-Factor Indices

RAMFGXST

RAFI Multi-Factor Global ex-Switzerland Index

DATA AS OF: 2018-06-30  ASSET CLASS: Equity

rafi-roadmap-banner-bg-color-03-6line

Commentary

The RAFI Fundamental Global Index underperformed the FTSE All-World Index by 75 bps as value stocks struggled during the quarter (-2.5% MSCI ACWI Value vs. -0.8% MSCI ACWI). Stock selection in consumer cyclical stocks, financials, and an underweight to technology stocks were the largest detractors to the portfolio. Underweights to Amazon and Netflix in the consumer cyclical sector accounted for more than half of the 30 bps detraction in the sector.

Trailing Returns

SOURCE: FactSet | Data: As of 06/30/2018 in USD  |  INCEPTION DATE: 01/31/2017

* Inception to Date (ITD) uses the first full month of returns after inception date. All returns prior to inception are simulated, please see disclosures for important information regarding simulated performance.

** Annualized tracking error calculated against each section’s appropriate benchmark using the first full month of returns following index inception. Index returns prior to inception are simulated.

Characteristics

SOURCE: FactSet | Data: As of 06/30/2018 in USD  |  INCEPTION DATE: 01/31/2017

NOTE: Portfolio characteristics derived from FactSet. Data prior to launch is simulated. One-way turnover data is historical average based on simulated history. Capacity is estimated at 50 basis point market impact level.

Top 10 Holdings

SOURCE: FactSet  |  DATA: As of 06/30/2018 in USD

Sectors

SOURCE: FactSet  |  DATA: As of 06/30/2018 in USD

Explore Expected Returns with Research Affiliates' Smart Beta Interactive

Smart Beta Interactive

How to Invest

About Us

RAFI Indices is built with the research, insights, and strategies of our sister company: Research Affiliates, LLC