Focused on uncovering high-growth, market-leading companies that create long-term economic value
KEY CHARACTERISTICS & MATERIALS
Our team believes that:
- Growth in earnings and cash flows drive share prices over the long-term
- Excess returns are generated by investing in market leading companies that create economic value through long duration competitive advantages
$53.2 Billion as of 3/31/20
|Benchmark:||Russell 1000® Growth Index|
|No. of Holdings:||Typically 50-70|
|EPS Growth of Holdings:||Higher than benchmark and broader market|
|Cash:||Typically less than 5%|
Founder, President and Chief Investment Officer
Kathleen A. McCarragher
Managing Director, Head of Growth Equity
Blair A. Boyer
Managing Director, Co-Head of Large Cap Growth Equity
Michael Del Balso
Natasha Kuhlkin, CFA
Our Large Cap Growth team includes six portfolio managers and twelve dedicated research analysts. Each portfolio is assigned to a particular portfolio manager, who makes investment decisions for that portfolio. PMs work closely with research analysts and other PMs, continually discussing investment ideas and convictions in particular securities. This interactive process prizes intellectual rigor and discussion, and leverages the knowledge and skills of the entire investment team. It underpins manager conviction in decisions, and helps to ensure that Jennison’s collective insight and intellectual capital are reflected in every portfolio.Meet The Team
|As of March 31, 2020||Qtr||1 Year||3 Year||5 Year||10 Year||Since Inception|
|Large Cap Growth Equity Composite - Gross||-11.6||0.6||13.5||11.4||13.6||11.7|
|Large Cap Growth Equity Composite - Net||-11.6||0.3||13.2||11.1||13.3||11.3|
|Russell 1000 Growth Index||-14.1||0.9||11.3||10.3||13.0||-|
Source: Jennison/Mellon Analytical Solutions. Past performance does not guarantee future results. Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Inception of Large Cap Growth Equity Composite: 7/31/69. Inception of Russell 1000® Growth Index: 1/1/79. Periods greater than one year are annualized. Please refer to the GIPS presentation for additional details, important performance information and disclosures.
Jennison Associates is a registered investment advisor and a Prudential Financial company. Jennison Associates LLC has not been licensed or registered to provide investment services in any jurisdiction outside the United States. Certain investment vehicles are distributed or offered through Prudential Investment Management Services LLC (also a Prudential Financial Company) or other affiliated entities. Additionally, vehicles may not be registered or available for investment in all jurisdictions.
Please click on this disclosure link for important information, including information on non-US jurisdictions.
This web site is not intended as an offer or solicitation with respect to the purchase or sale of any security or other financial instrument or any investment management services. It does not constitute investment advice, should not be used as the basis for any investment decision, and does not purport to provide any legal, tax or accounting advice. This is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect of any products or services to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.
Your investment objectives, risk tolerance, and liquidity needs must be reviewed before suitable programs can be recommended. Asset allocation and diversification strategies do not assure a profit or protect against loss in declining markets. Investors should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation.
Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. There is no guarantee that the investment managers’ objectives will be achieved. Further, there is no assurance that any strategies, methods, sectors, or any investment programs herein were or will prove to be profitable, or that any investment recommendations or decisions we make in the future will be profitable for any investor or client. Professional money management is not suitable for all investors.
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