ABOUT THIS FUND
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.
WHY INVEST IN THIS FUND
Our disciplined valuation process measures downside risk before upside potential and invests in securities with favorable reward/risk ratios.
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.
Strong Risk-Adjusted Performance vs. Peers
3 Year Rankings in the Morningstar Small Value Category (415 funds) as of 9/30/19
Past performance is no guarantee of future results.