ABOUT THIS STRATEGY
We believe that investing in companies with sustainable growth can deliver a portfolio with compelling results and allow us to outperform our benchmark and peers, while also looking to mitigate volatility. We seek to identify mid-cap companies with high-quality management teams and strong governance that wisely allocate capital to fund and drive growth over time.
US MID CAP GROWTH RECAP AND OUTLOOK
Portfolio Managers Brian Demain and Cody Wheaton share their views on portfolio performance, the current market dynamics and their outlook.
- Market Environment: With the gap between growth and value widening, Brian and Cody are seeking the “Middle Way”, an approach that invests in businesses with sensible valuations, durable competitive advantages and steady growth rates.
- Performance Update: The Managers provide a recap on some of the causes of volatility in the second quarter and outline the potential benefits of emphasizing durable growth.
- Outlook: Given the risks present in the market, Brian and Cody remain disciplined on valuations of growth stocks.
Smart Growth Approach
The Portfolio’s investment approach focuses on long-duration, sustainable-growth companies with strong competitive advantages and large addressable markets. We seek to avoid companies with rapid but unsustainable, short-term growth profiles.
Deep, Specialized Team
The portfolio benefits from experienced Portfolio Managers with expertise in mid-cap investing; in-depth fundamental research conducted by a dedicated team of experts exclusively focused on small-mid-cap companies; and the broader support of an insightful team of equity investment professionals.
Growth Potential with Tempered Volatility
The Portfolio offers exposure to medium-size companies with resilient business models and is designed to weather a variety of market environments and take on moderately less risk than the index.