Sabrient Baker's Dozen Portfolio for February 2019 Launched
Santa Barbara, CA – February 20, 2019: Sabrient Systems announced the launch of February 2019 Bakers' Dozen UIT (Ticker: FRWEPX), the 30th in the Baker's Dozen series. The February 2019 portfolio will terminate on March 20, 2020.
The Baker's Dozen Portfolio -- with a strategy developed by Sabrient and licensed to First Trust Portfolios -- invests in 13 top-ranked stocks that represent a cross-section of industries that Sabrient believes are positioned to perform well in the coming year. They are GARP stocks – stocks that Sabrient believes represent growth at a reasonable price. The stocks are meant to be held for the full 13-month term of the trust.
The strategy includes the Sabrient/Gradient Earnings Quality Rank (EQR Rank), a proprietary forensic accounting factor that ranks the conservatism of a company’s accounting. Companies with aggressive accounting practices are penalized in the rankings, while companies with overly aggressive accounting practices are eliminated in an effort to avoid companies that could be overstating or even “creating” the reported growth.
The Baker's Dozen Series was initially licensed to First Trust Portfolios in 2013, with a portfolio published annually thereafter in January. In 2015, a mid-year Baker's Dozen portfolio was added in August, and in April 2017, the Baker's Dozen portfolios began publishing monthly. You can see a list of all Baker's Dozen UIT portfolios here with links to their performance pages on First Trust Portfolios.
To follow the performance of this portfolio or to obtain an FAQ or prospectus, go to the First Trust Portfolios website and enter the portfolio ticker.
ABOUT SABRIENT SYSTEMS, LLC
Sabrient Systems is an independent investment research firm offering both quantitative and qualitative research. Sabrient uses a fundamentals-based, quantitative approach to build powerful investment strategies for the creation of stock indices (tracked by ETFs), unit investment trusts (UITs), and other types of investable products for portfolio managers and fund sponsors. These strategies are also used to create rankings and ratings on more than 5,000 equities, resulting in investor products for retail customers of brokerage firms, professional advisors, and private wealth managers. Sabrient’s subsidiary Gradient Analytics, acquired in 2011, offers expertise in financial analysis, forensic accounting, and executive behavior. Sabrient is based in Santa Barbara, California. # # #