US EQUITY

Investor Profile

An investor in the concentrated strategy is seeking to outperform equity indices by investing in a select number of mutual funds and individual securities that collectively will likely provide returns more volatile than other strategies. This is an investor who does not need current income and has the time and risk tolerance to withstand volatility within the strategy.

Strategy Objective

The concentrated strategy is positioned to achieve a return greater than the S&P 500 over time.

Strategy Characteristics

We are looking for fund managers that are willing to put a high percentage of fund assets into high conviction investments. The individual stock holdings within the strategy will own a collection of businesses that make an investment in the stock resemble an investment in a diversified holding company. We do not intend to hold individual stock positions in companies with a business focused on one particular industry or sector. The number of investments in the strategy can vary but will likely be close to ten.

Strategy Process

We screen for concentrated funds that are willing to invest a significant percentage of fund assets into the highest conviction stocks. Because security performance of high conviction investments is paramount to returns in this strategy, we interview funds to understand why certain securities are favored. The individual stock holdings are companies that we believe have strong management and the skill to allocate capital to the businesses with the best prospects. 

Tactical allocation is made between the various fund managers and individual security holdings. Our own research and third party research help us make the tactical allocation decisions.

Learn more about Active Fund Strategies.

dividend & income

DIVERSIFIED equity

absolute

aggressive
​fixed income

bond

short duration

*The investment(s) discussed may not be suitable for all investors. Investors should make investment decisions based on their own specific investment objectives and financial circumstances.
**Additional information is available upon request.
***Any investment contains risk, including the risk of total loss, fluctuating prices and uncertain returns.