The managers concentrate further up the market-cap ladder than most foreign large-blend and large-growth peers, so the portfolio's average market cap is typically higher than the category norm.

One of the bills contributing to this has been energy, with those folks on the price cap (the families not taking a fixed-term deal) facing a further hike above 6% on an average annual bill from ...

The portfolio is overweight in technology by 3.5 percentage points in terms of assets compared with the category average, and its communication services allocation is similar to the category.