Skip to content

Strategy Overview

The strategy is managed using a bottom-up research-driven, fundamental approach to build a growth-oriented, small capitalization portfolio.  Growth is not defined by an index, but rather by our broad search across industries for companies with sustainable business models and attractive free cash flow characteristics that the teams believe will foster their ability to grow faster than peers over a multi-year horizon.

Key Features

Focus on Growth

Target  companies with potential to produce sustainable earnings and cash flow growth; evaluate the long-term market opportunity and competitive structure of the industry seeking to target leaders and emerging leaders.

Emphasis on Quality

Seek companies with strong and improving competitive positions in attractive markets; identify experienced and talented management teams as well as financial strength reflected in the capital structure, gross and operating margins, free cash flow generation and returns on capital.

Valuations

Consider a range of potential outcomes based on an assessment of multiple scenarios; evaluate whether, in the team’s view, security prices fully reflect the balance of sustainable growth opportunities relative to business and financial risks.

Contact us to learn about our investment capabilities

Contact Us

Important Information

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. All investments involve risks, including possible loss of principal. There is no guarantee that a strategy will meet its objective. The value of shares and income received can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency and exchange-rate fluctuations. Reduced liquidity may affect the ability to sell assets and have a negative impact on the price of the assets. Currency fluctuations may affect the value of overseas investments. Where a strategy invests in emerging markets, the risks can be greater than in developed markets. Where a strategy invests in derivative instruments, this entails specific risks that may increase the risk profile of the strategy. Where a strategy invests in a specific sector or geographical area, the returns may be more volatile than a more diversified strategy. Investments may also be exposed to operational risks, being the risk that operational processes may fail, resulting in losses as well as other risks (that can be outside of their control).