HRSP Non US Equity Strategy

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HRSP Non US Equity Strategy

Transcript of HRSP Non US Equity Strategy

  • Investment InformationInvestment Objective & Strategy

    The Non-U.S. Equity Fund seeks long-term capital growththrough investments in stocks of companies that are locatedin, or that derive a significant portion of their earnings orrevenues from countries outside the United States. Theinvestment option can provide excellent diversification aspart of a total portfolio.

    The investment option primarily invests in non-USequities listed on the stock exchanges of developed andemerging markets. Unit price and return will vary. Note:Voting rights - Voting rights for securities held in theinvestment option are not passed on to you.

    Fees and Expenses as of 06-30-14

    Management Fee 0.46%Plan Admin Fee 0.09%All Others 0.05%Total Fee as a % 0.60%Total Fee per $1000 Investment $6.00

    Management Company

    Aberdeen Asset Management Inc.Northern Cross, LLCPyramis Global Advisors Trust Co.State Street Global AdvisorsWells Capital Management Inc.

    Volatility and RiskVolatility as of 06-30-14

    Low Moderate High

    Investment

    Category

    In the past, this investment has shown a wide range of pricefluctuations relative to other investments. This investmentmay experience significant price increases in favorablemarkets or undergo large price declines in adverse markets.Some of this risk may be offset by owning other investmentsthat follow different investment strategies.

    Performance

    10

    20

    30

    40

    0

    -10

    -20

    -30

    Total Return%as of 06-30-14

    Investment

    Benchmark

    Average annual, if greaterthan 1 year

    YTD 3 Month 1 Year 3 Year 5 Year 10 Year

    4.22 4.29 19.11 6.63 12.76 9.18 Investment Return %5.56 5.03 21.75 5.73 11.11 7.75 Benchmark Return %

    Data above represents past performance and does not guarantee future results. Investment returns and principal valueswill fluctuate so that participants' units may be worth more or less than their original cost when redeemed. Currentperformance may be lower or higher than data stated herein. Performance is shown after all expenses.

    Portfolio AnalysisComposition as of 06-30-14 % Assets

    U.S. Stocks 1.0Non-U.S. Stocks 94.7Bonds 0.0Cash 2.4Other 1.9

    Morningstar World Regions as of 06-30-14 % Fund

    Americas 16.79...........................................................................................................North America 11.61Latin America 5.18

    Greater Europe 60.42...........................................................................................................United Kingdom 14.97Europe Developed 42.53Europe Emerging 1.96Africa/Middle East 0.96

    Greater Asia 22.79...........................................................................................................Japan 8.86Australasia 2.73Asia Developed 5.02Asia Emerging 6.17

    Morningstar Equity Style Box as of 06-30-14 % Mkt Cap

    LargeM

    idSm

    all

    Value Blend Growth

    Giant 65.32........................................................Large 28.63Medium 6.05Small 0.00........................................................Micro 0.00

    Top 10 Holdings as of 06-30-14 % Assets

    Roche Holding AG 1.64Anheuser-Busch Inbev SA 1.54Schneider Electric SE 1.50Nestle SA 1.47Novartis AG 1.43.............................................................................................Lloyds Banking Group PLC 1.36Allianz SE 1.28SAP SE 1.28Novo Nordisk A/S 1.22AXA SA 1.16

    ...........................................................................................................Total Number of Stock Holdings 2001Total Number of Bond Holdings 0Annual Turnover Ratio % 33.90

    Release Date: 06-30-2014

    Non US Equity Strategy....................................................................................................................................................................................................................................................................................................................................................Benchmark Total Assets ($mil) Inception DateMSCI ACWI Ex USA NR USD 202.45 04-01-99

    2014 Morningstar, Inc., Morningstar Investment Profiles 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary toMorningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. NeitherMorningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guaranteeof future performance. Visit our investment website at www.morningstar.com.

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  • The Halliburton Retirement and Savings Plan (Plan) isintended to be participant-directed plan as described inSection 404(c) of the Employee Retirement Income SecurityAct of 1974, as amended (ERISA). Therefore the fiduciaries ofthis plan are generally relieved of liability for any losses thatare the result of any investment instructions given by aparticipant or a beneficiary of the Plan.

    The allocation directed to each underlying investmentmanager under each investment option has been selected bythe Halliburton Company Investment Committee inconsultation with, Mercer Investment Consulting, Inc., theinvestment advisor to the Plan. The individual investmentoptions will be reviewed periodically and the InvestmentCommittee will modify the allocations and/or underlyinginvestment managers when deemed appropriate.

    An investment's principal value and investment return willfluctuate, therefore the investor's unit values may be worthmore or less than at the time of the original investment. Inaccordance with ERISA, the Plan assets are held in trust forthe exclusive benefit of participants and beneficiaries. Aswith all 401(k) plans, assets are not FDIC-insured, may losevalue and are not guaranteed by a bank, the Plan sponsor orother financial institution.

    Reliable sources are utilized to produce these reports butthere is no warranty or guarantee that this data is accurate,timely, or complete. Historic performance is not an indicationof future results and should not be relied upon to predictfuture investment returns.

    Contact InformationFor current information, please visitwww.halliburton.com/totalrewards (if you are a currentemployee) or www.netbenefits.com (if you are a formeremployee). You may also call the Halliburton Benefits Centerat 1-866-321-0964 (international toll free, use your country'sAT&T access code, then 866-321-0964) or for toll call857-362-5980, select option 2.

    Principal RiskForeign securities are subject to currency-exchange-rate,economic, and political risks, all of which may be magnifiedin emerging markets. Stock markets are volatile and candecline significantly in response to adverse issuer, political,regulatory, market, economic or other developments.

    BenchmarkMSCI All Country World ex. U.S. Index

    PerformanceInvestment performance is determined after fees are chargedto the investment option and assumes reinvestment ofdividends and capital gains. Investment option performanceis compared with the benchmark index. An index is anunmanaged portfolio of specified securities and does notreflect any initial or ongoing expenses. The investmentoption's portfolio may differ significantly from the securitiesin the index.

    Additional Fee DisclosureThe expense ratio is an asset-weighted blend of fees andwill fluctuate based on asset values and market conditions;any fees quoted herein are subject to change. Transactioncosts incurred by the investment option for buying andselling securities are not included in the expense ratio. Thesecosts, along with management fees, plan administration feesand other fees are paid out of the investment option's assets,reducing the rate of return realized by participants. There areno entry or exit fees charged to participants who invest inthis investment option. Cumulative effect of fees and

    expenses can substantially reduce the growth of aparticipant's retirement account. Participants are encouragedto visit the Employee Benefits Security Administrationwebsite at www.dol.gov/ebsa for information and exampledemonstrating the long-term effect of fees and expenses.Fees and expenses are only one of several factors thatparticipants and beneficiaries should consider when makinginvestment decisions.

    Collective Trusts and Separate AccountsMost of the Plan's investment options are structured usinginstitutionally managed separate accounts or common andcollective trusts; this means the accounts are managed onlyfor participants in the Halliburton Plans. Individual securitiesare bought and sold by professional investment managersselected by the Investment Committee. Common andCollective Trusts are investment vehicles operated by banksor trust companies. Neither common and collective trustfunds nor separate accounts are mutual funds. Unlike mutualfunds, separate accounts and collective trust funds are notsubject to and are not registered under the Securities Act of1933 or the Investment Company Act of 1940.

    Morningstar Style BoxThe Morningstar Style Box reveals a investment option'sinvestment strategy as of the date noted on this report. Thevertical axis shows the market capitalization of the stocksowned and the horizontal axis shows the investment style(value, blend, or growth).

    Disclosure

    2014 Morningstar, Inc., Morningstar Investment Profiles 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/orits content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers areresponsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website atwww.morningstar.com.

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