February 29, 2024
Commentary: NCM Core Global and NCM Core International
Portfolio Manager Phil D'Iorio, MBA, CFA provides insight into the narrow breadth and market concentration in the S&P 500.
"We don’t believe that there is anything unusual about the returns generated by the Magnificent Seven when taken in a historical context."
Download the full commentary here.
Author
Phil D'Iorio, MBA, CFA
I search around the globe for best-of-breed companies trading at attractive valuations. And I spend a significant amount of time thinking about portfolio construction to ensure that the portfolio is optimized to reflect where we are in the cycle.