Jennison Opportunistic Equity

Objective:

Seeks to outperform the S&P 500 Index* with comparable risk over the intermediate to long term by investing in companies that have greater current or emerging earnings growth than the Index, yet are undervalued by the market. There is no guarantee that this objective will be achieved.

Portfolio Managers:

Mark G. DeFranco
Mark G. DeFranco
Brian M. Gillott
Brian M. Gillott

Taking a Multi-Cap Approach:

The Jennison Opportunistic Equity strategy looks for companies of any size that contain the following investment characteristics:

  • They are out-of-favor with investors, but Jennison expects them to experience a dynamic earnings cycle over the next 12 to 18 months, or
  • They are showing strong growth characteristics but are underpriced by the market.

This approach distinguishes the Opportunistic Equity strategy from deep value portfolios, which buy stocks solely on low valuations. The portfolio, which holds 45 to 55 stocks, uses a bottom-up stock selection process based on original fundamental research. Jennison also offers its Opportunistic Equity strategy with a fixed income component in a balanced style.

*The S&P 500 Index is a capital-weighted, unmanaged index that provides a broad indicator of stock price movements. An investment cannot be made directly in an index.

Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise.

0169947-00015-00 Ed. 01/2017