The Equity Discipline

Proprietary Quantitative Application

• Three distinct models provide rankings: Fundamental, Technical, Risk Assessment
• Models are run concurrently, but scores are not combined

Intensive Qualitative Evaluation

• Prospective opportunities drawn from top rankings
• Internally conducted research
  • In-depth fundamental analysis focusing on company specific inputs to evaluate quality of the firm.
  • Macro-economic and industry specific analysis to gauge the long-term viability of each investment opportunity given the current market environment and position in the business cycle.

Team Approach

• Detailed team discussion
• Cohesive portfolio viewpoint and positioning
• Managed to a model portfolio

Portfolio Construction

• Representation across sector
• Driven by stock selection