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Diversified Equity
Investment Objective
The Bright Diversified Equity strategy seeks to provide long-term capital appreciation in a portfolio of equity exchange-traded funds (ETFs).
Investment Overview
The Diversified Equity strategy is invested across the equity asset class using exchange-traded funds. Holdings are carefully selected based on asset class, cost, and portfolio fit. Due diligence is conducted on each holding based on manager philosophy, process, and tenure.
Diversified Equity is a core-satellite strategy managed to give investors exposure to large-, mid-, and small-cap US and international equities across various sectors.
Portfolio Managers
Ben Malick, CFA, CKA Mark Riefer, CKA Josh Barlow, CFA
Characteristics
Number of positions: 6-12 ETFs
Universe: Equity ETFs
Benchmark: MSCI World
Inception Date: 7/1/2017
Construction: Core/Satellite
Internal Expense Target: 0.50% - 0.60%
Download the Diversified Equity Fact Sheet