Approach
The Corporate Leaders 100 Strategy seeks to outperform the market capitalization-weighted return of the S&P 500 index via a rules-based strategy designed to exploit market inefficiencies in a disciplined, systematic manner.
Investment Philosophy
We believe that equal positions in each company in the S&P 100 Index will produce better return/risk potential because it:
- Reduces market cap bias: equal weighted positions avoid over-concentration in stocks, sectors and styles
- Eliminates emotion: rules for rebalancing and risk controls enforce buy-low, sell-high discipline
- Delivers pure large cap exposure: equal weighting the S&P 100 maintains 100% exposure to large cap stocks
Investment Process
The process of this rules-based approach revolves around an equal weighting of the S&P 100 index. Securities will be trimmed to 1% if they appreciate 50%* or more during any given quarter, while those that fall 30%* or more will be taken out of the portfolio. Quarterly rebalance realigns holdings to 1% weights. The process seeks to maximize upside capture and minimize downside exposure ratios, manage turnover, and capture and distribute gains to more attractively valued stocks. This is achieved by investing across a range of market cap and style spectra, focusing on the large-cap segment, with a mild Value bias.Performance
Performance
| As of 8/31/25 | 1 Month | 3 Month | YTD | 1yr | 3yr | 5yr | 10yr | Since Inception (1/02/04) |
|---|---|---|---|---|---|---|---|---|
| Gross | 3.09 | 7.43 | 12.43 | 14.89 | 17.85 | 15.65 | 13.36 | 10.83 |
| Net | 2.84 | 6.65 | 10.27 | 11.57 | 14.45 | 12.31 | 10.08 | 7.62 |
| Index* | 2.03 | 9.62 | 10.79 | 15.88 | 19.54 | 14.74 | 14.60 | 10.57 |
* S&P 500 Index
Past performance does not guarantee future results.
Periods greater than one year are annualized. Performance data is considered final unless indicated as preliminary. Monthly performance is based on full GIPS Composite returns. Access the GIPS page for full composite details.
The Composite performance information represents the investment results of a group of fully discretionary accounts managed with the investment objective of outperforming the benchmark. Gross returns are presented after all transaction costs, but before management fees. Net-of-fees returns presented are calculated by subtracting a hypothetical maximum total wrap fee (estimated at 3.00% per annum) from the monthly gross-of-fees returns. The total wrap fee includes transaction costs, portfolio management, investment advisory, custodial and other administrative costs. Wrap fees vary amongst brokerage firms and may be negotiated based on account size and other factors.
Literature
Voya Corporate Leaders 100 SMA Representative Account
Date: April 14, 2025
Approved For: Financial Professional Use Only
Investment Team
Justin Montminy , CFA
Portfolio Manager, Quantitative Analyst
Years of Experience: 15
Years with Voya: 11
BiographyDisclosures
Principal Risk
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Investing in funds that are concentrated in a smaller number of holdings poses greater risk than funds with a larger number of holdings because each investment has a greater effect on the Fund's performance. The value of a participation fluctuates with the market value of the underlying portfolio securities of the Trust. The dividend income, if any, from the portfolio securities is subject to fluctuation which in turn will affect the amounts of distributions made to participants. An investor in the Trust has no assurance against loss in a declining market, and redemption at a time when the market value of the participations is less than their cost will result in a loss to the investor.