Eventide Balanced Fund Class N · NASDAQ:ETNMX
Eventide Balanced Fund Class N — Eventide Asset Management — Q2 2023 Earnings Presentation
27 slides from Eventide Balanced Fund Class N's earnings presentation, Jun 30, 2023
Slide 1: Eventide Core Bond Fund Q2 2023 Presentation
Eventide Core Bond Fund Q2 2023 Presentation For use during Q3 2023 | © Eventide Asset Management, LLC. 1
Slide 2: Eventide firm overview
Founded: 2008 Headquarters: Boston, MA Vision: To serve individuals, financial advisors, and institutions by offering high performance investments that create compelling value for the global common good. Funds: • Eventide Gilead Fund • Eventide Multi-Asset Income Fund • Eventide Healthcare & Life Sc
Slide 3: Eventide Core Bond Fund
Eventide Core Bond Fund Fund Objective A: ETARX | C: ETCRX | I: ETIRX | N: ETNRX Seeks total return consistent with income generation About the Fund The fund seeks to invest at least 80% net assets in bonds. Benchmark Bloomberg U.S. Aggregate Bond Index Morningstar Category Total Net Assets US Fund
Slide 4: Eventide Distinctives
Eventide Distinctives Themes of Human Flourishing Seeking to invest in companies positioned to participate in long-term secular investment themes that serve important human needs. Creating Compelling Value for Society and the Global Common Good Focused on identifying and investing in companies capab
Slide 5: Fund Distinctives
Fund Distinctives Benchmark Driven Duration Seeks to stay within +/-25% of the fund’s benchmark, the Bloomberg U.S. Aggregate Bond Index Income Focused Seeks to build a portfolio that has a yield advantage over its benchmark. Total Return Potential Seeks bonds of varying durations to maintain potent
Slide 6: Portfolio Management
Portfolio Management Chris Grogan, David M. Dirk, CFA CFA Director of Investment Portfolio Manager Consulting, Portfolio David M. Dirk, CFA, serves as Manager portfolio manager for assets Chris Grogan, CFA, serves as allocated to the Fund’s Fixed Director of Investment Income Sub-Adviser, Boyd Consu
Slide 7: Investment Team
Investment Team Finny Kuruvilla, Dolores Anant Goel Chris Grogan, Andrew Singer, MD, PhD Bamford, CFA Portfolio CFA CFA Co-Chief Co-Chief Manager, Senior Director of Portfolio Investment Investment Research Investment Manager, Senior Officer, Senior Officer, Senior Analyst Consulting, Research Portf
Slide 8: Trading Team
Trading Team Colin Delaney Conor Kelly Head of Trading, Portfolio Trader Specialist For informational purposes only. As of 06/30/2023. For use during Q3 2023 | © Eventide Asset Management, LLC. 8
Slide 9: Business 360 Research Team
Business 360® Research Team Tyler Frugia Brock Treworgy Chief Business 360 Information Research Officer, Director Manager of Business 360 For informational purposes only. As of 06/30/2023. For use during Q3 2023 | © Eventide Asset Management, LLC. 9
Slide 10: Investment Philosophy
Investment Philosophy We believe high-quality companies that excel at creating value for others and trade at a discount to intrinsic value offer superior long-term risk-adjusted returns. The Adviser's judgment about the quality and intrinsic value of companies may prove to be incorrect. There is no
Slide 11: Investment Process
Investment Process Boyd Watterson is the subadvisor for the Fund and follows an approach which: • Combines the Eventide Business 360® framework with fixed income expertise. • The Business 360® framework looks for green, social, and sustainable1 businesses or government entities. • Together the subad
Slide 12: Alpha Drivers
Alpha Drivers Sector Allocation Explaining fundamentals, historical spread and cross-sector spread relationships, and supply and demand. Duration Management Applying fundamental and technical analysis to manage interest rate exposures relative to short- and long- term expectations. Yield Curve Posit
Slide 13: Values-Based Analysis
Values-Based Analysis There are three dimensions to our approach to values-based investing: AV O I D EMBRACE ENGAGE Create an investable Conduct original Business 360® research Engage portfolio companies and universe of securities that to find the highest quality opportunities that security issuers
Slide 14: Our Research Framework: Business 360
Our Research Framework: Business 360® Our proprietary framework for evaluating both a company’s long-term competitive advantage and its impact on human flourishing by analyzing its operations and strategy through the lens of key stakeholders. Reference to Eventide’s Business 360® approach is provide
Slide 15: We believe what's right is also smart
We believe K/1 what’s right… …is also smart. S H A R E H O L D E RS Companies that place a EM premium on: ER S PL O Tend to have: M Y O EE ST S CU • Customer satisfaction • Higher customer loyalty • Employee morale • Higher productivity • Supplier partnership • Resilient supply chains • Societal imp
Slide 16: Investment Themes
Investment Themes Seeking to invest in companies positioned at the nexus of long- term secular growth themes and important human needs. These are representative examples of themes in the Eventide Strategies. The Adviser’s judgment about secular themes may prove to be incorrect. There is no guarantee
Slide 17: Composition
CRB Presentation Composition Composition A: ETARX | C: ETCRX | I: ETIRX | N: ETNRX Portfolio Breakdown1 (%) 30 Jun 2023 Debt Ratings Allocation1 4 (%) 30 Jun 2023 1. Allocation percentages are subject to change at any time, and should not be considered investment advice. Corporate 47.62 U.S. Agency
Slide 18: Returns, Distributions & Yield
CRB Presentation Returns, Distributions & Yield Performance A: ETARX | C: ETCRX | I: ETIRX | N: ETNRX Trailing Returns1 (%) 30 Jun 2023 1. The returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. Because of ongoin
Slide 19: Quarterly Returns
CRB Presentation Quarterly Returns Performance A: ETARX | C: ETCRX | I: ETIRX | N: ETNRX Quarterly Returns1 (%) Q1 2021–Q2 2023 1. Compares the Eventide Core Bond Fund Class I’s performance to index Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 performance over the
Slide 20: Market Risk
CRB Presentation Market Market RiskRisk A: ETARX | C: ETCRX | I: ETIRX | N: ETNRX Market Risk1 30 Jun 2023 1. Source: © Morningstar, Inc. (2023). All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content Std. Dev. Beta Alpha (%) R-Squared (%) 3-year
Slide 21: Morningstar Ratings
CRB Presentation Morningstar Morningstar ratingsRatings - Sustainability US Fund Intermediate Core Bond fraud, or discriminatory behavior. The Morningstar Sustainability Rating is then assigned to all scored funds within (3094 funds) Morningstar Categories in which at least ten (10) funds receive a
Slide 22: Morningstar Rankings
CRB Presentation Morningstar ratings - Returns Morningstar Rankings Morningstar percentile rankings pertain to the I share class only. Rankings are subject to change and may differ for Top 34% 1yr returns (466 funds) other share classes based on fees and sales charges. Morningstar percentile ranking
Slide 23: Important Information
Important Information Mutual Funds involve risk including the possible loss of principal. Past performance does not guarantee future results. The Fund’s ethical values screening criteria could cause it to under-perform similar funds that do not have such screening criteria. Investors in the Fund sho
Slide 24: Appendix
Appendix For use during Q3 2023 | © Eventide Asset Management, LLC. 24
Slide 25: Sales Team
Sales Team Mark Wambolt Mike Jeff Cave, Lans Slack Abel Ballew Director of Sales Schnackenberg CIMA® Senior Regional Regional Director of Director of Director, Mid- Director, New Intermediary Institutional Atlantic Region England Region Distribution, Key Markets, Accounts Northeast Region Greg Gunte
Slide 26: Investment Consulting Group
Investment Consulting Group Chris Grogan, Fred Ge, CFA Robert Carney CFA Senior Portfolio Portfolio Director of Consultant Consultant Investment Consulting, Portfolio Manager For informational purposes only. As of 06/30/2023. For use during Q3 2023 | © Eventide Asset Management, LLC. 26
Slide 27: Eventide Asset Management, LLC
Eventide Asset Management, LLC | One International Place, Ste. 4210 | Boston, MA 02110 | 877-771-EVEN (3836) For use during Q3 2023 | © Eventide Asset Management, LLC. | 7575-NLD 07/17/2023 27
Eventide Asset Management — Q2 2023 Earnings Presentation on 6ix