Equity & FI Methodology
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- In our proprietary stock portfolios, we utilize a multi-market cap, GARP (growth at a reasonable price) approach buying a mix of established growth and fast-growth companies with a clear franchise or niche.
- We invest in a combination of large and small/mid-capitalization companies. Large-cap companies provide important liquidity. Small and mid-cap issues offer the potential for higher growth/ higher returns, albeit with higher volatility.
- We have direct and frequent senior management contact with many of the small and mid-cap firms owned in the portfolio. We essentially invest in stocks, not the market, and “know what we own."
- Economic sector allocations are closely monitored.
Fixed Income Investment Methodology
- We manage bond portfolios as conservative assets with the goal of providing consistent income through a risk-averse strategy.
- Our focus is primarily on municipals, corporates and U.S. Treasuries.
Principal is protected and portfolio volatility is limited by balancing maturities throughout the yield curve.