PNC Multi-Factor Large Cap Value Fund seeks long-term capital appreciation by investing primarily in a diversified portfolio of value-oriented, domestic large-company stocks. The Fund’s managers employ a systematic process focused on unanticipated positive earnings.
The market cap range of the benchmark frequently changes. As a result, the capitalization of companies in which the Fund invests may also change.
Investments in value companies can continue to be undervalued for long periods of time and be more volatile than the stock market in general.
On March 31, 2017, PNC Large Cap Value Fund became PNC Multi-Factor Large Cap Value Fund. The Fund's strategies and risks changed as the Fund will now pursue a multi-factor approach. Please see the prospectus for additional information.