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Wells Fargo Advantage Large Cap Core Fund
WFLNX
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ADVISER | Wells Fargo Funds Management, LLC
SUB-ADVISER | Golden Capital
PORTFOLIO MANAGER
THE FUND | The Wells Fargo Advantage Large Cap Core Fund seeks long-term capital appreciation by using a combination of quantitative methods and fundamental analysis to select a core portfolio of large-capitalization companies.
FUND STRATEGY
- Focuses on undervalued, high-quality companies with the potential to deliver future earnings improvements in excess of current analysts' expectations; evaluates size, style, sector, and industry characteristics; emphasizes value-added security selection.
- Uses fundamentally based research and implements investment decisions largely based on quantitative analysis; capitalizes on the firm's proprietary multi-factor models, which combine valuation, growth, momentum, and quality measures.
- Conducts a qualitative evaluation that considers factors such as management strength, industry positioning, and risk profile to confirm the investment merit of a stock.
COMPETITIVE ADVANTAGES
- Forecasting ability of a proprietary mix of factors: Quantitative research is designed to take advantage of a diversified mix of factors used to forecast price movements in all predominant market cycles independent of style leadership (for example, growth, value, large cap, or small cap). The team believes that this process should lead to consistent results that avoid long periods of underperformance.
- Categorization of companies by business-cycle phase: Companies in similar business life-cycle phases, sharing certain financial characteristics, tend to behave similarly. Grouping companies by business life-cycle phases allows the team to customize factors and weights within its investment models, emphasizing more predictive components.
RISKS |
Stock fund values fluctuate in response to the activities of individual companies and general market and economic conditions. Certain investment strategies tend to increase the total risk of an investment (relative to the broader market). This fund is exposed to foreign investment risk. Consult the fund's prospectus for additional information on these and other risks.
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