Focus on PNC Multi-Factor Large Cap Growth I Fund (PEWIX)
PNC Multi-Factor Large Cap Growth I Fund PEWIX seeks growth of capital for the long run. PEWIX maintains a diversified portfolio by investing mainly in growth-based equity securities of large-cap U.S. companies, which have strong earnings growth rates. As per PEWIX’s objective it may also invest in non-U.S. companies.
This Large Cap Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.2% and 5 year 14.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
PEWIX’s performance, as of the last filing, when compared to funds in its category was in the top 17% over the past 1 year, and in the top 16% over the past 3 years and in the top 20% over the past 5 years.
The PNC Multi-Factor Large Cap Growth I fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Large Value. Further, as of the last filing, NVIDIA Corp, Applied Materials Inc and Aetna Inc were the top holdings for PEWIX.
This Zacks Rank #3 (Hold) was incepted in December 1989 and is managed by PNC Funds. PEWIX carries an expense ratio of 0.66% and requires a minimal initial investment of $0.
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