Focused Domestic Equity

SMID Cap Core invests primarily in stocks of U.S. companies with at least 80% of its net assets in companies having market capitalizations within the range encompassed by the Russell 2500 Index at time of purchase. The strategy selects stocks based on fundamental research. The team’s research is focused on long-term drivers of an underlying business, including Reason for Being analysis and understanding a company from a customer’s viewpoint. The strategy constructs its portfolio with a combination of Mature (30-50%), Established (30-50%) and Emerging (<25%) businesses. In each investment, we seek promising companies trading at a discount to our calculation of long-term intrinsic value.

Multi-Cap Core invests primarily in stocks of U.S. companies in all market cap ranges. The strategy selects stocks based on fundamental research. The team’s research is focused on long-term drivers of an underlying business, including Reason for Being analysis and understanding a company from a customer’s viewpoint. The strategy constructs its portfolio with a combination of Mature (30-50%), Established (30-50%) and Emerging (<25%) businesses. In each investment, we seek promising companies trading at a discount to our calculation of long-term intrinsic value.