Morningstar

Glenmede Global Secured Options Portfolio NOVIX

Morningstar Medalist Rating
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Medalist Rating as of See Glenmede Investment Hub
  • NAV / 1-Day Return $6.33  /  +0.80 %
  • Fund Size $27.9M
  • Adjusted Expense Ratio 1.020%
  • Net Expense Ratio 0.960%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Equity Hedged
  • Equity Style Box (Funds) Large Blend
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 0.46%
  • Turnover Ratio 69%
NAV and 1-Day Return as of

Morningstar’s Analysis NOVIX

Will NOVIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NOVIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NOVIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NOVIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Glenmede Global Secured Options holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings NOVIX

More NOVIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 86.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

S+p 500 Index Dec26 7000 Call

41.35 12M
—

Put On S&P 500 Dec26

18.81 5M
—

Vanguard FTSE All-Wld ex-US ETF

17.85 5M
—

iShares MSCI Emerging Markets ETF

11.59 3M
—

United States Treasury Bills 0%

7.65 2M
Government

Usd

6.35 2M
Cash and Equivalents

iShares Core MSCI Emerging Markets ETF

4.07 1M
—

Fixed Inc Clearing Corp.Repo

0.08 22,294
Cash and Equivalents

Ishares Msci Emerging Markets Oct26 73 Call

−0.00 −400
—

Ishares Msci Emerging Markets Nov26 73 Call

−0.05 −14,550
—

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