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Structured Global Equity Strategies

1/10/08
 

World stock markets extended their winning streak in 2007, outperforming the US for the fifth year in a row thanks to respectable gains in emerging markets and a weakening dollar. Global equity markets ended the year 2007 in positive territory, with the exception of small capitalization stocks, and the real estate sector. Both in the US and internationally, growth stocks outperformed value stocks. Industrials, energy and technology were the best performing sectors in the US, with consumer services and financial services being the laggards. International mid-cap growth stocks and real estate were, respectively, the best and worst performing asset classes for the fourth quarter.

 

 

Oakwood Conservative
Global Equity

  • Balance of value and growth as well as large, medium and small capitalization stocks

  • Suitable for investors seeking income and long term capital appreciation

The Conservative Global Equity strategy posted a positive return for the year 2007. Its reduced exposure to smaller capitalization companies and its increased bias to US large capitalization companies aided its return. This strategy also benefited from its allocation to emerging international markets.

Oakwood Moderate
Global Equity

  • Has an increased bias towards value by using multiple asset classes and greater emphasis on smaller capitalization stocks than the conservative strategy

  • Suitable for investors seeking above average returns through long term capital appreciation
The Moderate Global Equity strategy had a positive return for the year 2007. Its exposure to emerging international markets enhanced the return. Its increased bias to smaller capitalization and international real estate diminished returns.

Oakwood Aggressive
Global Equity

  • Has a higher non-US companies component as well as a greater value tilt and emphasis on smaller capitalization stocks than the moderate strategy

  • Suitable for investors with a higher tolerance for risk seeking higher returns through long term capital appreciation
The Aggressive Global Equity strategy had a positive return for the year 2007. The increased exposure to emerging international markets helped returns. The strategy’s increased bias toward small capitalization, both on the domestic and international side, as well as international real estate, diminished returns.
     
 

What Helped Strategies for the Quarter:

 

        • Emerging Markets

        • US Large Growth

What Hurt Strategies for the Quarter:

        • International Small Cap

        • International Real Estate

        • US Large Cap Value

        • US Small Cap Value
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