Investment Discipline
The Advisor utilizes a "bottom up" approach to stock investing and does not attempt to forecast the U.S. economy, interest rates, inflation, or the U.S. stock market. Quantitative screens are applied to databases of publicly-traded companies for specific investment characteristics.
The Advisor focuses on finding companies that meet its financial criteria, which include a strong competitive position in its respective marketplace, a history of consistent earnings and revenue growth or strong prospects of earnings and revenue growth, and a strong balance sheet.
The Advisor generally prefers large and mid-capitalization, domestic companies that have demonstrated operating momentum. However, in some stock market environments small capitalization stocks may constitute a large portion of the Fund. Companies that are in the process of a financial or competitive turnaround are generally avoided.
