For institutional investors in the UK

US Mid Cap Value

Defensive mid-cap U.S. value equities

Overview

ABOUT THIS STRATEGY

As defensive value specialists, we look to invest in high quality companies with strong management teams, stable balance sheets, and durable competitive advantages that are trading at attractive valuations. We seek to achieve excess returns over full market cycles, with less risk than our benchmark and peers as measured by standard deviation, beta and down market capture.

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Past performance does not predict future returns.

Glossary

INVESTMENT APPROACH

Attractive reward / risk

Our disciplined valuation process measures downside risk before upside potential and invests in securities with favourable reward/risk ratios.

High-conviction process

The portfolio typically holds between 60 to 90 stocks with business fundamentals considered more important than fluctuations in the wider economy.

Different than the benchmark

The benchmark is not used as a starting point for portfolio construction, which should lead to high active share.

This website is a marketing communication.

PORTFOLIO MANAGEMENT

Kevin Preloger

Portfolio Manager, Team Leader

Industry since 1997. Joined Firm in 2002.

Justin Tugman, CFA

Portfolio Manager, Team Leader

Industry since 2000. Joined Firm in 2004.