General Insights [[{“value”:”
You can learn a lot about a large-cap value product just by looking at the average market cap of the portfolio. While the category may be called large-cap value, there is an inherent conflict in trying to be both large-cap and value. Few of the largest stocks are cheap, and the cheapest stocks mostly fall toward the smaller end of the large-cap universe. So, if a large-cap value product has an average market cap over $50 or $100 billion, it is likely compromising value for the sake of market cap.”}]]