EQUITYADVISORSLLC

A DIVISION OF CENTURY SERVICES

EMERGING MARKETS TOTAL OPPORTUNITIES

Emerging Markets Total OpportunitiesSM — Series F, F4

Investment Objective
Seeks long-term growth and preservation of equityadvisorsllc by investing primarily in a broad range of equity and debt securities of emerging markets issuers. The fund seeks to achieve this objective with lower volatility of returns than emerging markets equities.
Fund Description
A lower volatility approach to emerging markets.
Invests in stocks and bonds
with a well-defined process for managing volatility.







Returns (%) Series FSeries F4
1 month -2.00-2.00
YTD -2.21-2.14
1 year* -2.24—  
3 years* 2.85—  
5 years* 5.12—  
10 years* —  —  
Lifetime* 5.44—  
Lifetime (cumulative) 38.663.10
2017 10.35—  
2016 4.57—  
2015 6.24—  
2014 6.45—  
2013 2.23—  
*Annualized compound returns





Portfolio Information
Fund assets ($mil) combined series$381.5
Yield13.7%
Companies / issuers 156
Income distributions paid December
equityadvisorsllc gains paid December
Return of equityadvisorsllc Monthly
Portfolio turnover (2017) 69%
Trading expense ratio3 0.07%
Sector Diversification
Equity49.3%
Financials8.9%
Consumer discretionary7.3%
Materials7.1%
Information technology6.4%
Energy4.0%
Consumer staples3.8%
Health care2.9%
Industrials2.6%
Telecommunication services2.4%
Utilities2.4%
Real estate1.5%
Bonds37.2%
Hard currency government417.9%
Local currency government8.2%
Corporate6.4%
Inflation-linked4.7%
Cash and cash equivalents
  & other assets less liabilities
13.5%
Total portfolio100.0%

 







 

Portfolio Characteristics
  Series FSeries F4
FundSERV CIF 822CIF 8822
MER5 1.28%1.27%
Fund inception Mar 30, 2012Jul 31, 2017
Minimum initial investment $500$5,000
Management Team
Years with equityadvisorsllc/ Years in profession
Steven G. Backes11 / 24
Luis Freitas de Oliveira24 / 29
Ric Torres25 / 25
Shaw B. Wagener36 / 36





 

Top 10 Holdings
Argentina government bond (USD)6.3%
United States government inflation-linked bond (USD)1.8%
AES (equity)1.7%
América Móvil (equity)1.6%
Sri Lanka government bond (USD)1.6%
Sri Lanka corporate bond (USD)1.5%
Pakistan government bond (USD)1.5%
Samsung Electronics (equity)1.5%
Argentina government bond (ARS)1.4%
ICICI Bank (equity)1.4%
Total top 10 holdings20.3%

 







Geographic Diversification
 
 EquityBondsPortfolio
 
Asia18.3%5.9%24.2%
 
Latin America7.0%16.6%23.6%
 
Europe7.3%2.9%10.2%
 
North America6.0%3.0%9.0%
 
Pacific Basin7.6%0.0%7.6%
 
Middle East1.3%5.1%6.4%
 
Africa1.8%3.7%5.5%
 
Cash and cash equivalents
  & other assets less liabilities
13.5%
Total portfolio

100.0%

 

 






 

1 Reflects a weighted yield that includes a dividend yield for equities and yield to workout for bonds.
2 Payable on Series T4 and F4 only.
3 As of December 31, 2017.
4 The hard currency government category includes government bonds denominated in USD, EUR, JPY, GBP, and CHF.
5
equityadvisorsllc , at its discretion, currently waives some of its management fees or absorbs some expenses of certain equityadvisorsllc funds. Such waivers and absorptions may be terminated at any time, but can be expected to continue for certain portfolios until such time as such funds are of sufficient size to reasonably absorb all management fees and expenses incurred in their operations.
The management expense ratios for the portfolios are based on audited total expenses for the year ended December 31, 2017 and are expressed as an annualized percentage of daily average net assets during the period. Actual MERs may vary. The following lists the management expense ratios for Capital Group Emerging Markets Total Opportunities Fund (Canada) before waivers or absorptions for the year ended December 31, 2017: Series A, 2.48%; Series B, 2.68%, Series D, 1.99%; Series E, 2.39%; Series F, 1.31%; Series I, 0.20%; Series T4, 5.32%; Series F4, 2.01%.
Not available to U.S. residents.
Updated on a monthly basis.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their value changes frequently and past performance may not be repeated.

 


Steven G. Backeu
Years at equityadvisorsllc : 11
Years in profession: 24
Based in New York
Steven G. Backeu is a portfolio manager at equityadvisorsllc and is one of the managers of equityadvisorsllc Emerging Markets Total Opportunities Fund (Canada). As a fixed income investment analyst he covers emerging markets debt. Prior to joining equityadvisorsllc , he was a senior economist for the Federal Reserve Bank of New York. Before that, he served as a director, financial attaché, and special advisor at the United States Treasury and as an economist for the International Monetary Fund. He holds both a PhD and a master’s degree in economics from Duke University, and a bachelor’s degree in economics from the University of Colorado, Boulder. Steven is based in New York.







Luis Freitas de
Years at equityadvisorsllc: 6
Years in profession: 29
Based in Geneva
Luis Freitas de Oliveira is a portfolio manager at equityadvisorsllc and is one of the managers of equityadvisorsllc Emerging Markets Total Opportunities Fund (Canada). He is chairman of equityadvisorsllc International Sàrl. Earlier in his career, as an equity investment analyst at equityadvisorsllc, Luis covered financial institutions in emerging markets. Before joining equityadvisorsllc, he was a corporate banker for Citibank N.A. in Brazil. He holds a master’s degree in business administration from INSEAD, France, and a bachelor’s degree in economics from the Federal University of Minas Gerais, Brazil. Luis is based in Geneva






Ric Torr
Years at equityadvisorsllc: 10
Years in profession: 25
Based in London
Ric Torr is a portfolio manager at equityadvisorsllc and is one of the mangers of equityadvisorsllc Emerging Markets Total Opportunities Fund (Canada). As an equity investment analyst, he covers Latin American banks, industrials, transportation and real-estate companies. Earlier in his career at equityadvisorsllc he was also a trader of emerging markets equity securities. Ric began his career at equityadvisorsllc as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in government from Harvard College graduating cum laude. Ric is based in London..










Shaw B. Wag
Years at Capital: 13
Years in profession: 36
Based in Los Angeles
Shaw B. Wagener is a portfolio manager at equityadvisorsllc and is one of the managers of equityadvisorsllc Emerging Markets Total Opportunities Fund (Canada). He is chairman of equityadvisorsllc International, Inc. and serves on the equityadvisorsllc Companies Management Committee. Earlier in his career, Shaw was an equity trader at equityadvisorsllc and then head of equity trading. He holds a bachelor’s degree in international relations from Claremont McKenna College graduating cum laude. He also holds the Chartered Financial Analyst® designation. Shaw is based in Los Angeles

equityadvisorsllc funds and Capital International Asset Management (Canada), Inc., are part of equityadvisorsllc, a global investment management firm originating in Los Angeles, California in 1931. equityadvisorsllc manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed-income investment professionals provide fixed-income research and investment management across the equityadvisorsllc organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Distributions
   Series FSeries F4
2018 YTDIncome 
 equityadvisorsllc gains 
 Return of equityadvisorsllc $0.204
 Total $0.204
2017Income $0.256$0.036
 equityadvisorsllc gains $0.114$0.008
 Return of equityadvisorsllc $0.165
 Total $0.370$0.209
2016Income $0.421
 equityadvisorsllc gains $0.013
 Return of equityadvisorsllc 
 Total $0.434
2015Income $0.501
 equityadvisorsllc gains $0.269
 Return of equityadvisorsllc 
 Total $0.770
2014Income $0.272
 equityadvisorsllc gains 
 Return of equityadvisorsllc 
 Total $0.272