Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

CCT Thematic Equity Fund

THMEX | Fund

$16.25

$46.9 M

0.40%

$0.06

1.02%

Vitals

YTD Return

13.7%

1 yr return

36.5%

3 Yr Avg Return

20.3%

5 Yr Avg Return

11.6%

Net Assets

$46.9 M

Holdings in Top 10

32.5%

52 WEEK LOW AND HIGH

$16.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$20,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

CCT Thematic Equity Fund

THMEX | Fund

$16.25

$46.9 M

0.40%

$0.06

1.02%

THMEX - Profile

Distributions

  • YTD Total Return 13.7%
  • 3 Yr Annualized Total Return 20.3%
  • 5 Yr Annualized Total Return 11.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.65%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    CCT Thematic Equity Fund
  • Fund Family Name
    Chevy Chase Trust Company
  • Inception Date
    Sep 30, 2020
  • Shares Outstanding
    4945955
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Amy Raskin

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. This policy can be changed by the Fund upon sixty (60) days’ prior written notice to shareholders. For purposes of this policy, equity securities include common stock, real estate investment trusts (“REITs”) and American depositary receipts (“ADRs”), including unsponsored ADRs. The Fund may invest in the securities of U.S. and non-U.S. issuers of any market capitalization and has exposure to one or more economic sectors.

The Adviser uses a thematic investing approach to manage the Fund’s assets. Thematic investing involves capitalizing on what the Adviser believes to be powerful trends, disruptive ideas, innovations and economic forces that are secular (i.e., long-term and persisting regardless of macroeconomic cycles) and are reshaping the world (“Themes”). Examples of Themes include:

●

Advent of Molecular Medicine. The Adviser believes that breakthroughs in genomic science are changing the practice of medicine. The Adviser believes that genomic sequencing technology, clinical knowledge and data analytics are converging to deliver novel

treatments and diagnostics that will improve medical outcomes and usher in a new era of healthcare.

●

Next-Generation Automation. The Adviser believes that, as the global labor force ages, companies must find ways to do more with fewer people. The Adviser believes that automation — previously concentrated in automobile and electronics production — has reached an inflection point; technologies have matured and the imperative for companies to invest is becoming clear across a broad spectrum of industries.

●

Age of Heterogeneous Computing. The Adviser believes that for nearly 50 years, Moore’s Law (the principle that the speed and capability of computers can be expected to double every two years) provided exponential improvements in the performance and cost of computing technology; and as physical and economic challenges limit further scaling, improvements will come from special-purpose technology designed for specific applications rather than general-purpose processors.

The Adviser’s process combines top-down, secular and cyclical views with fundamental, bottom-up research. The Adviser seeks to build a portfolio of approximately 40-50 stocks of companies positioned to exploit Themes. The Adviser believes that these stocks exhibit the greatest opportunity to outperform in a variety of market environments. As importantly, the Adviser seeks to avoid companies potentially disrupted by Themes.

Four core investment tenets drive the Adviser’s strategy in constructing the Fund’s portfolio.

●

The Theme must be big enough to influence the bottom line of companies in multiple industries. The Adviser may intentionally look for Themes that span multiple industries, as the Adviser believes this is where the market can miss opportunity. The Adviser’s investment analysts are organized by Theme, not industry or region, which is designed to allow the Adviser’s analysts to think about Themes holistically and cover all related stocks.

●

The Theme should create meaningful profits that industry leaders can defend over time. The Adviser’s focus on the impact to corporate performance is designed to distinguish between a trend and a Theme. There are many profound changes occurring around the world, but the Adviser believes that most of those changes are trends that may not qualify as investment Themes. The Adviser believes that Themes are characterized by sustainable and defensible

competitive advantages (such as, for example, intellectual property) that will result in sustainable profits.

●

The potential Theme must be investable. There must be enough publicly traded stocks with sufficient liquidity that the Adviser may invest in the Theme. The Adviser also seeks Themes that are sustainable over longer periods, where the market is likely to begin to discount the profitability of the Theme within a three to five year time horizon.

●

Multi-Theme portfolio construction. The Adviser believes that a single-Theme focused strategy either would not achieve appropriate diversification, or would end up holding companies tangentially related to the Theme, which brings unintended risk and dilution of the research process. Therefore, the Adviser integrates five to seven multi-sector Themes into a single, multi-Theme portfolio. In doing so, the Adviser monitors position size and Thematic weights and accounts for the broader macroeconomic environment by taking into account factors such as industries and geographies.

An analyst researching a Theme may consider which companies may benefit, which may lose, which business models may have to change and how they would do so. Once an analyst identifies a prospective holding, the analyst assesses the company’s Thematic exposure (and the sustainability of it), the company’s management team, the quality of the company’s balance sheet and cash flows, current and future valuation of the company, and whether other investors may begin to discount the impact of the Theme into their valuation models within a three- to five-year timeframe.

Sell decisions are both qualitative and quantitative and are not rules based. The Fund’s portfolio management team may exit a position when the team believes the position’s valuation no longer reflects the long-term opportunity, when the investment no longer fits the Thematic strategy (either because of fundamental changes to the company, or fundamental shifts in the Theme), and may reduce a position based on market appreciation and other factors.

Read More

THMEX - Performance

Return Ranking - Trailing

Period THMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.7% -35.6% 29.2% 59.17%
1 Yr 36.5% 17.3% 252.4% N/A
3 Yr 20.3%* -3.5% 34.6% N/A
5 Yr 11.6%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period THMEX Return Category Return Low Category Return High Rank in Category (%)
2025 2.2% -24.3% 957.1% N/A
2024 7.5% -38.3% 47.1% N/A
2023 15.8% -54.2% 0.6% N/A
2022 -18.3% -76.0% 54.1% N/A
2021 17.0% -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period THMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.7% -35.6% 29.2% 59.73%
1 Yr 36.5% 11.4% 252.4% N/A
3 Yr 20.3%* -3.5% 34.6% N/A
5 Yr 11.6%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period THMEX Return Category Return Low Category Return High Rank in Category (%)
2025 27.1% -24.3% 957.1% N/A
2024 12.0% -33.1% 47.1% N/A
2023 17.2% -44.4% 1.8% N/A
2022 -17.4% -6.5% 54.1% N/A
2021 21.1% -14.4% 47.8% N/A

NAV & Total Return History

THMEX - Holdings

Concentration Analysis

THMEX Category Low Category High THMEX % Rank
Net Assets 46.9 M 199 K 133 B 81.80%
Number of Holdings 48 1 9075 72.36%
Net Assets in Top 10 14.6 M -18 M 37.6 B 81.94%
Weighting of Top 10 32.54% 9.1% 100.0% 44.51%

Top 10 Holdings

  1. BROWN BROTHERS HARRIMAN SWEEP INTEREST 4.33%
  2. FRANCO-NEVADA CORP COMMON STOCK 3.54%
  3. BANCO SANTANDER SA-SPON ADR DEPOSITARY RECEIPT 3.45%
  4. SANDVIK AB COMMON STOCK 3.41%
  5. REGENERON PHARMACEUTICALS COMMON STOCK 3.09%
  6. AIA GROUP LTD COMMON STOCK 3.01%
  7. NVIDIA CORP COMMON STOCK 2.96%
  8. AMAZON.COM INC COMMON STOCK 2.96%
  9. GOLDMAN SACHS GROUP INC COMMON STOCK 2.91%
  10. SHELL PLC-ADR DEPOSITARY RECEIPT 2.86%

Asset Allocation

Weighting Return Low Return High THMEX % Rank
Stocks 		95.54% 61.84% 125.47% 70.70%
Cash 		4.46% -174.70% 23.12% 22.80%
Preferred Stocks 		0.00% -0.01% 5.28% 72.25%
Other 		0.00% -13.98% 19.14% 74.67%
Convertible Bonds 		0.00% 0.00% 4.46% 69.38%
Bonds 		0.00% -1.50% 161.67% 70.37%

Stock Sector Breakdown

Weighting Return Low Return High THMEX % Rank
Technology 		19.01% 0.00% 49.87% 65.86%
Healthcare 		14.17% 0.00% 35.42% 19.93%
Financial Services 		12.31% 0.00% 38.42% 67.84%
Energy 		10.48% 0.00% 21.15% 18.39%
Communication Services 		9.12% 0.00% 57.66% 41.74%
Consumer Cyclical 		8.38% 0.00% 40.94% 50.44%
Industrials 		8.23% 0.00% 44.06% 56.06%
Consumer Defense 		6.68% 0.00% 73.28% 46.37%
Basic Materials 		4.36% 0.00% 38.60% 71.04%
Real Estate 		4.23% 0.00% 39.48% 13.33%
Utilities 		3.04% 0.00% 29.12% 40.42%

Stock Geographic Breakdown

Weighting Return Low Return High THMEX % Rank
US 		78.01% 0.13% 103.82% 14.87%
Non US 		17.53% 0.58% 99.46% 91.19%

THMEX - Expenses

Operational Fees

THMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.01% 44.27% N/A
Management Fee 0.50% 0.00% 1.82% 22.32%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

THMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

THMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

THMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 395.00% N/A

THMEX - Distributions

Dividend Yield Analysis

THMEX Category Low Category High THMEX % Rank
Dividend Yield 0.40% 0.00% 3.26% 4.70%

Dividend Distribution Analysis

THMEX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Annually Annually

Net Income Ratio Analysis

THMEX Category Low Category High THMEX % Rank
Net Income Ratio 0.65% -4.27% 12.65% N/A

Capital Gain Distribution Analysis

THMEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

THMEX - Fund Manager Analysis

Managers

Amy Raskin

Start Date

Tenure

Tenure Rank

Sep 30, 2020

1.67

1.7%

As Chief Investment Officer, Amy leads investment strategy, research and portfolio management at Chevy Chase Trust. Prior to Chevy Chase Trust, Amy was Senior Vice President at AllianceBernstein in New York, serving as Director of Thematic Research, head of U.S. & Global Growth Equity Research and Chief Investment Officer of AllianceBernstein Venture Capital Fund. Amy’s team published in-depth research papers on a wide range of investment-related topics such as climate change, China, molecular medicine, hybrid autos and broadband, among others. Amy joined AllianceBernstein in 2000 as an equity analyst and spent 13 years there focused on deep research and thematic investing. Earlier, she worked as an investment banker at Lehman Brothers and as a research analyst at Donaldson, Lufkin & Jenrette. Amy graduated from the University of Pennsylvania’s School of Engineering and Applied Science with a major in Engineering and a minor in Management from the Wharton School. She is active in the Penn Alumni Association and is a member of The Trustee’s Council of Penn Women, and the Technical Advisory Board for the School of Engineering and Applied Science. Amy is a guest contributor on CNBC and a sought after speaker at industry conferences.

Spencer Smith

Start Date

Tenure

Tenure Rank

Sep 30, 2020

1.67

1.7%

Spencer is responsible for the management of all institutional equity portfolios at ASB Capital and its affiliate, Chevy Chase Trust. Spencer works closely with the research team at Chevy Chase Trust, where he was previously Director of Research before assuming his current role. Prior to joining ASB Capital/Chevy Chase Trust, Spencer was Managing Director, Portfolio Manager and co-head of the Washington D.C. office of Fiduciary Trust Company International. Before that, Spencer was an investment professional at Morgan Stanley, Emerging Markets Management LLC, and Riggs Investment Management Corporation. Spencer earned a Master of Business Administration from the Yale School of Management where he was selected by David Swensen to work as a Yale Endowment Fellow. A Fulbright Scholar, Spencer studied abroad at the Budapest University of Economic Sciences. He also earned a Master of Arts from The George Washington University Elliott School of International Affairs. Spencer earned his undergraduate degree from the University of Oregon where he graduated Phi Beta Kappa and cum laude.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.