NCM Investments Logo

February 29, 2024

Commentary: NCM Core Global and NCM Core International

Portfolio Manager Phil D'Iorio, MBA, CFA provides insight into the narrow breadth and market concentration in the S&P 500.

"We don’t believe that there is anything unusual about the returns generated by the Magnificent Seven when taken in a historical context."

Download the full commentary here.



Phil D'Iorio, MBA, CFA

I search around the globe for best-of-breed companies trading at attractive valuations. And I spend a significant amount of time thinking about portfolio construction to ensure that the portfolio is optimized to reflect where we are in the cycle.