WPP Global Growth Fund


 

Investment Risk & Analytical Services

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019


 

 

 

 

Table of Contents

Section 1. WPP Global Growth Fund                                                      3

1.1.     WPP Global Growth Fund Summary                                                 4

1.2.     Total Fund Gross of Fees                                                                5

1.3.     Total Fund Net of Fees                                                                    6

1.4.     Asset Allocation Overview                                                                7

1.5.     Asset Allocation over Time                                                               8

1.6.     Regional Performance - RegionalCTR                                              9

Section 2. Appendix                                                                             10

2.1. Disclaimer(s)                                                                                 11


 

 

 

 

 

S E C T I O N    1

 

WPP Global Growth Fund


 

Investment Risk & Analytical Services

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019


 

WPP Global Growth Fund Summary

Account/Group -Rate of Return

E.MV-GOF

End Wt

1 Mo

3

Mos

1

Yr

ITD

Inc Date

WPP Global Growth Fund

2,204,139,517

100.00

5.74

5.97

-

7.88

06/02/2019

LF WPP GGF - BAILLIE GIFFORD

913,022,321

41.42

5.87

7.57

-

11.50

06/02/2019

LF WPP GGF - PZENA INV MGT LLC

723,660,389

32.83

6.96

3.49

-

2.41

06/02/2019

LF WPP GGF - VERITAS AM LLP

556,183,562

25.23

4.06

6.75

-

9.76

06/02/2019

 

 

 

 

 

 

 

 

 

 

GROWTH OVER TIME - INCEPTIONTO DATE - TOTAL FUND GROSS OF FEES                                 ASSET CLASS ENDING WEIGHTS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4  of  11  | Investment Risk & Analytical Services


 

Total Fund Gross of Fees

Account/Group -Rate of Return

E.MV-GOF

End Wt

1 Mo

3

Mos

1

Yr

ITD

Inc Date

WPP Global Growth Fund

2,204,139,517

100.00

5.74

5.97

-

7.88

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

0.22

-0.12

-

-0.98

06/02/2019

LF WPP GGF - BAILLIE GIFFORD

913,022,321

41.42

5.87

7.57

-

11.50

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

0.36

1.49

-

2.65

06/02/2019

LF WPP GGF - PZENA INV MGT LLC

723,660,389

32.83

6.96

3.49

-

2.41

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

1.44

-2.59

-

-6.44

06/02/2019

LF WPP GGF - VERITAS AM LLP

556,183,562

25.23

4.06

6.75

-

9.76

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

-1.46

0.67

-

0.91

06/02/2019

 

 

 

 

 


WPP GLOBAL GROWTH FUND TOTAL FUND GROSS OF FEES

 

One Month

Three Months

One Year

ITD

Fund

5.74

5.97

-

7.88

Index

5.52

6.08

-

8.85

Index: MSCI ACWI ND

 

 

5  of  11  | Investment Risk & Analytical Services


 

Total Fund Net of Fees

Account/Group -Rate of Return

E.MV-NOF

End Wt

1 Mo

3

Mos

1

Yr

ITD

Inc Date

WPP Global Growth Fund

2,201,639,585

100.00

5.70

5.86

-

7.70

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

0.18

-0.22

-

-1.15

06/02/2019

LF WPP GGF - BAILLIE GIFFORD

912,237,361

41.43

5.85

7.48

-

11.35

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

0.33

1.40

-

2.50

06/02/2019

LF WPP GGF - PZENA INV MGT LLC

723,039,525

32.84

6.93

3.41

-

2.28

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

1.41

-2.68

-

-6.58

06/02/2019

LF WPP GGF - VERITAS AM LLP

555,688,118

25.24

4.03

6.66

-

9.61

06/02/2019

MSCI ACWI ND

 

 

5.52

6.08

-

8.85

06/02/2019

Excess Return

 

 

-1.49

0.57

-

0.76

06/02/2019

 

 

 

 

 


WPP GLOBAL GROWTH FUND TOTAL FUND NET OF FEES

 

One Month

Three Months

One Year

ITD

Fund

5.70

5.86

-

7.70

Index

5.52

6.08

-

8.85

Index: MSCI ACWI ND

 

 

6  of  11  | Investment Risk & Analytical Services


 

Asset Allocation Overview


 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 


 

 

Program/Consolidation


Ending Market Value

GOF GBP                                         Actual Weight                                      Target Weight


LF WPP GGF - BAILLIE GIFFORD

913,022

41.42                                                     40.00

LF WPP GGF - PZENA INV MGT LLC

723,660

32.83                                                     35.00

LF WPP GGF - VERITAS AM LLP

556,184

25.23                                                     25.00

Operator Account

11,143

0.51

Top Account

0

0.00

Transition Account

130

0.01

WPP Global Growth Fund

2,204,140

100.00

WPP Global Growth Fund Percent

*Market Values are represented in thousands.

*Underlying assets of the fund have been included in the market value and allocation.

 

 

 

 

 

 

 

 

 

7  of  11  | Investment Risk & Analytical Services


 

Allocation over Time

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

Account / Group

                    31/03/2019             

Market Value  Actual Weight

                    30/04/2019                

Market Value  Actual Weight

                    31/05/2019                

Market Value  Actual Weight

                    30/06/2019      

Market Value  Actual Weight

WPP Global Growth Fund

2,081,211,751

100.00

2,160,358,068

100.00

2,084,624,046

100.00

2,204,139,517

100.00

LF WPP GGF - BAILLIE GIFFORD

851,618,325

40.92

884,897,784

40.96

864,209,182

41.46

913,022,321

41.42

LF WPP GGF - PZENA INV MGT LLC

705,620,498

33.90

734,198,488

33.99

679,977,068

32.62

723,660,389

32.83

LF WPP GGF - VERITAS AM LLP

523,888,660

25.17

538,606,904

24.93

535,262,659

25.68

556,183,562

25.23

Operator Account

-86,712

-0.00

2,483,951

0.11

5,045,562

0.24

11,143,399

0.51

Top Account

0

0.00

0

0.00

0

0.00

0

0.00

Transition Account

170,979

0.01

170,942

0.01

129,575

0.01

129,846

0.01

 

 

 

 

 

 

 

8  of  11  |  Investment Risk & Analytical Services                                                                                                                                                                                                                                                   Category: Total Fund Gross of Fees


 

 


Regional Performance

 

 

Category


 

 

Ending Market value GBP - GOF


 

 

 

Ending Weight


 

 

 

One Month


Base Rates of Return Three

Months


 

 

 

One Year


 

 

 

Inception to Date


WPP Global Growth Fund

2,204,139,517

100.00

5.74

5.97

-

7.88

Total Fund - Foreign Exchange

2,204,135,306

100.00

5.74

5.97

-

7.89

Equity

2,089,976,185

94.82

6.02

6.27

-

8.29

Australia

19,165,326

0.87

2.61

12.92

-

16.90

Brazil

19,941,760

0.90

3.49

14.03

-

7.89

Canada

32,699,434

1.48

5.43

19.49

-

19.94

China

81,666,686

3.71

8.36

-4.20

-

4.78

Denmark

27,693,430

1.26

13.50

12.87

-

9.68

France

74,994,124

3.40

9.26

12.36

-

20.15

Germany

46,499,445

2.11

6.75

15.01

-

13.25

Hong Kong

30,403,362

1.38

9.58

9.25

-

14.59

India

34,677,053

1.57

0.98

7.31

-

21.49

Ireland

23,490,682

1.07

1.69

-1.25

-

-0.63

Italy

15,934,348

0.72

10.20

8.69

-

10.50

Japan

125,227,396

5.68

3.10

1.54

-

2.97

Netherlands

45,995,916

2.09

2.33

7.91

-

11.98

Norway

9,708,724

0.44

2.06

1.30

-

10.98

Republic of Korea

16,560,347

0.75

6.35

0.75

-

-8.44

Russian Federation

10,884,492

0.49

11.90

19.75

-

18.47

Singapore

8,146,742

0.37

13.63

17.17

-

16.24

South Africa

35,179,584

1.60

6.72

7.53

-

11.73

Spain

14,849,328

0.67

6.96

17.67

-

23.34

Sweden

28,633,641

1.30

5.55

3.23

-

8.15

Switzerland

66,351,939

3.01

5.99

9.50

-

11.75

Taiwan

29,844,035

1.35

5.20

3.62

-

9.95

United Kingdom

195,158,211

8.85

3.73

1.17

-

2.14

United States

1,096,270,177

49.74

6.45

6.90

-

7.99

Cash & Short Term Deriv.

112,346,285

5.10

-0.07

0.23

-

0.07

Foreign Exchange

4,212

0.00

564163586.01

-

-

-

Pending Cash

1,812,836

0.08

12.13

1.49

-

0.08

Excess is calculated using arithmetic methodology

 

 

9  of  11  |  Investment Risk & Analytical Services                                                                                                                                                                                                                                                   Analysis: Regional CTR


 

 

 

 

 

 

 

 

 

 

 

S E C T I O N    2

 

Appendix


 

Investment Risk & Analytical Services

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019


 

 

Disclaimer(s)

 


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