Investment Process

We use a proprietary investment model that has been consistently rewarded over time, we  believe that the market will continue to reward such a strategy in the future. In our opinion,above-average long-term performance can be attained with the consistent application of a strategy that is founded on sensible, rational thought.

A Brief Overview of our Process:

•  Identify the Universe We first establish the objectives and select a benchmark index. The universe of stocks that is eligible for consideration is based on these two criteria.

•  Identify the Strategy We then identify factors that will define a strategy. The factors must be economically and financially feasible and relevant at the time we select securities for the strategy.

•  Determine the Soundness of the Strategy Once the strategy is quantitatively defined in terms of its underlying factors, we evaluate the strategy to determine its historical risk and return characteristics compared to its respective benchmark. If the strategy does not meet its original objectives, we alter the mix of factors. The result is a highly structured, quantitatively defined, strategy having demonstrated success over a lengthy historical period of time.

•  Select the Securities Using current data,we select stocks for the strategy according to its quantitative model. We believe that one of the keys to successful investing is to choose one or more investment strategies that have succeeded over the long term and to continuously apply such strategies without regard to the short-term fluctuations of the market.