JENNISON GLOBAL EQUITY OPPORTUNITIES

JENNISON GLOBAL EQUITY OPPORTUNITIES

Objectives

Objectives

Seeks to achieve long-term growth of capital through investment in a diversified portfolio of global equity securities of well-established companies with above-average growth prospects.

Portfolio Details

Portfolio Details

Overview

The Global Equity Opportunities strategy is based on the belief that rigorous internal fundamental research and a highly interactive investment process can lead to successful stock selection.

The strategy seeks to outperform the MSCI All Country World Index by investing in an unconstrained, concentrated portfolio of companies from around the world believed to be new market leaders with sustainable competitive advantages and strong financial characteristics. The strategy seeks to capture the inflection point in a company's growth rate driven by disruptive technologies or services, new product cycles and expanding addressable markets The Portfolio generally holds between 35 and 45 U.S. listed stocks and ADRs, diversified across industries and sectors.

Portfolio Managers

Mark Baribeau, CFA

Mark Baribeau, CFA, is a managing director, Head of Global Equity, and Global Equity portfolio manager. Mark joined Jennison in April 2011 with 25 years of investment management experience.

Previously, he was with Loomis Sayles for over 21 years, where he was lead portfolio manager for the Global Equity Opportunities strategy since 2005. In addition, he managed large-cap growth portfolios from 1992 to 2010, serving as lead manager from 1999 to 2010. Prior to his tenure at Loomis, he was an economist at John Hancock Financial Services.

Mark earned a B.A. in economics from the University of Vermont and an M.A. from the University of Maryland. He is a Chartered Financial Analyst and a member of the Boston Security Analysts Society and the National Association of Business Economists.

Thomas Davis

Thomas Davis is a managing director and Global Equity portfolio manager. He joined Jennison in April 2011 with 17 years of investment management experience.

Previously, he was with Loomis Sayles for 11 years, most recently as a co-portfolio manager of global equity portfolios. Tom began his tenure at Loomis as a research analyst covering domestic insurance companies, securities brokers, exchanges, asset managers, and government-sponsored enterprises, and as a portfolio manager for a financial sector strategy. Prior to Loomis, he was a global equity research analyst at Putnam Investments covering insurance companies, Asian property developers, and REITs.

Tom earned a B.A. degree in economics from Dartmouth College and an M.B.A. from Duke University.

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.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional.

Separately Managed Accounts are offered through our affiliates. Jennison Associates is a registered investment advisor. Both are Prudential Financial companies. © 2019 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.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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.

 

For compliance use only 1004614-00001-00 Ed. 08/2018