Objective
Seeks to generate yield at a reasonable price without sacrificing capital appreciation using a contrarian value philosophy and a disciplined fundamental investment process to select equity positions.
Why This Strategy?
People
Co-Portfolio Managers Jessica Bemer and Anne Wickland average of over 23 years of value investing experience and are supported by a seven-person investment team.
Portfolio
The conviction-weighted portfolio of 40 to 70 securities attempts to generate yield at an attractive price without sacrificing capital appreciation.
Philosophy
Investment philosophy that is consistent with modern behavioral finance research and aims to take advantage of investor overreactions to negative surprises.
Process
Fundamental research process focuses on identifying out-of-favor stocks that are in sound financial condition and should experience an upward rerating in their P/E ratio with a positive shift in investor sentiment.
