Key features
An investment approach which is backed by data and science, removing emotional biases inherent in stock picking
A diversified portfolio focused on high quality companies with strong and growing dividends
Aims to consistently deliver returns in excess of the benchmark through various market conditions
Daily pricing
as of
07/19/2024
NAV 1-day net change
-0.29
Total net assets
as of
06/30/2024
All share classes
$617.4 million
Overview
Series identifiers |
CUSIP |
246493472 |
Benchmark
Portfolio
Market cap (median) Source: FactSet
$63.7 billion
Market cap (weighted average) Source: FactSet
$226.0 billion
Portfolio turnover (last fiscal year)
31%
International equities & depositary receipts
3.1%
Cash, cash equivalents and other assets
1.0%
Top 10 holdings
as of 06/30/2024
Holdings are as of the date indicated and subject to change.
List may exclude cash and cash equivalents. Please see the Series' complete list of holdings for more information.
Holdings based by issuer.
QUALCOMM INCORPORATED
3.61
PHILIP MORRIS INTERNATIONAL INC
3.48
MICRON TECHNOLOGY INC
2.96
COREBRIDGE FINANCIAL INC
2.84
Total % Portfolio in Top 10 holdings - 35.67%
Sector allocation
as of 06/30/2024
List may exclude cash, cash equivalents, and exchange-traded funds (ETFs) that are used for cash management purposes. Please see the Series’ complete list of holdings for more information.
Information technology
17.1%
Communication services
11.8%
Consumer discretionary
7.1%
Management
Scot Thompson
-
Division Director, Co-Head of Systematic Investments, Portfolio Manager
-
Start date on the Fund:
January 2021
-
Years of industry experience:
26
-
Read bio
Scot Thompson
Division Director, Co-Head of Systematic Investments, Portfolio Manager
- Joined Macquarie in 2001
- Based in Sydney
Scot is Co-Head of the Macquarie Systematic Investments Team, a role he assumed in August 2014. He is responsible for the day-to-day management of the global portfolios, oversight of the trading function, development of new strategies, and client engagement. Scot has been a member of the team since 2004.
Previously, Scot was the Equities Head of Product, responsible for product design, development, and client relationships for the Australian and Global equities product range.
Prior to joining Macquarie, Scot worked on the performance analytics team for Cogent Investment Administration. Scot also worked in civil engineering for seven years before moving across to finance, working for several Australian companies as a Project Manager focusing on underground installations, quarrying, and mining.
He serves as a board member for one of Macquarie Asset Management’s investment management entities in Australia.
He earned his Bachelor of Civil Engineering from the University of Sydney majoring in civil engineering and a Master of Applied Finance from Macquarie University.
Benjamin Leung, CFA
-
Division Director, Co-Head of Systematic Investments, Head of Research
-
Start date on the Fund:
January 2021
-
Years of industry experience:
22
-
Read bio
Benjamin Leung
Division Director, Co-Head of Systematic Investments, Head of Research
- Joined Macquarie in 2001
- Based in Sydney
Ben is the Co-Head of the Macquarie Systematic Investments Team, a role he assumed in August 2014. He is responsible for the day-to-day management of the global portfolios, oversight of the trading function, development of new strategies, and client engagement. Ben is also the Head of Research, responsible for setting the research agenda to drive the ongoing evolution of investment techniques and technology.
During his tenure with the firm, he has held roles in software development, quantitative research, and portfolio management for a range of Australian, Developed, and Emerging Market Equity strategies.
Ben is a member of MAM APAC Awards Committee, and he serves on the FTSE EPRA NAREIT Asia Regional Advisory Committee.
He earned a Bachelor of Engineering (Honours) in software engineering (First Class) and a Master of Commerce in finance from the University of New South Wales. He holds the Chartered Financial Analyst® designation and he is a member of the CFA Institute.
Fees
The following table describes the fees and expenses that you may pay if you buy, hold,
and sell shares of the Series. The fee table does not reflect any fees or sales charges
imposed by variable insurance contracts. If it did, the expenses would be higher.
Annual portfolio operating expenses |
Management fees |
0.65% |
Distribution and service (12b-1) fees |
none |
Other expenses |
0.10% |
Total annual series operating expenses |
0.75% |
Fee waivers and expense reimbursements1 |
(0.03%) |
Total annual series operating expenses after fee waivers and expense reimbursements |
0.72% |
Please see the prospectus and SAI for additional information.
1Net expense ratio reflects a contractual waiver of certain fees and/or expense
reimbursements from May 1, 2024 through April 30, 2025. Please see the fee table in the Series'
prospectus for more information.