Asset Allocation in a Single Managed Account
Jennison's Large Cap Blend Equity SMA invests in growth and value stocks in approximately equal proportions. The growth strategy seeks stocks with the potential for strong capital appreciation, superior absolute and relative earnings growth, and appropriate valuations in relation to expectations. Jennison's value strategy focuses on stocks that the managers believe are undervalued and contain catalysts that may unlock their true worth.
Portfolios Kept in Careful Balance
By including both growth and value stocks, Jennison's Large Cap Blend Equity enables investors to achieve a level of asset allocation critical to long-term investment success. The Jennison Large Cap Blend Equity targets an equal allocation between growth and value holdings, but can go as low as 40% or as high as 60% in each style, depending on market conditions. The portfolio's allocation to growth and value is continually monitored and rebalancing decisions are made by the portfolio management team.
SMAs differ from pooled vehicles like mutual funds in that each portfolio is unique to a single account therefore the investment decisions may vary from those made for other accounts. SMAs do not issue registered prospectuses, the fees structures differ from those normally seen in mutual funds and generally carry higher account investment minimums. Please remember that there are inherent risks involved with investing in the markets, and investments may be worth more or less than initial investment upon redemption. There is no guarantee that the investment managers' objectives will be achieved. Professional money management is not suitable for all investors. Investment objectives, risk tolerance, and liquidity needs must be reviewed before suitable programs can be recommended. Asset allocation and diversification strategies do not assure a profit or protect against loss in declining markets. Investors should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation.
Separately Managed Accounts are offered through our affiliates. Jennison Associates is a registered investment advisor. Both are Prudential Financial companies. © 2021 Prudential Financial, Inc. and its related entities. Jennison Associates, Jennison, PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
Investment Products: Are not insured by the FDIC or any other federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.