Core Equity100 provides broad, factor-based global equity exposure designed to track markets efficiently. Equity Alpha, by contrast, applies research-driven stock selection within a benchmark-aware framework to seek incremental outperformance over time.

The two portfolios are driven by different sources of return. Core Equity100 relies on systematic factor exposures such as size, value and quality, while Equity Alpha seeks to add value through disciplined active insights and stock-level tilts. Neither approach is inherently better than the other — they serve different objectives and can complement each other within a diversified investment strategy.