Core Equity Portfolio

Our Core Equity Portfolio focuses on identifying investment themes that have secular or cyclical tailwinds that help propel growth within an industry.  We then strive to identify industry-leading companies with competitive advantages that will capitalize on these investment themes, which we believe will result in above-market growth.  Disciplined valuation is a critical component to security selection, as companies in growing markets can often be valued as if strong growth will continue for a long period of time.  Overpaying for this future growth can lead to sub-par returns.  Our focus on industry-leading companies results in a well-diversified portfolio of global corporations that compete in our domestic market, developed international markets, and emerging international markets.  When the right opportunities arise, the portfolio will include small cap and mid cap companies to complement the global multinational corporations.  We manage risk in the portfolio by maintaining sector weightings between 50% and 200% of the S&P 500 sector weightings for the 7 major sectors.  Portfolios typically include 25-30 stocks.

Investment Management

(as of 12/31/17)