Investment Philosophy

The U.S. Equity team strives to capture leading growth companies in every investment cycle, which will translate into market outperformance. Every stock in the portfolio is a buy each and every day, or it is sold.

Investment Process

The U.S. Growth Equity investment process follows a clear four-step process:

Quantitative and Qualitative Screens: The quantitative screens analyze: revenue growth, earnings growth, and positive earnings revisions. The qualitative screens use on-going, targeted research to identify companies with leading product or service innovations, strong management and Industry leadership in robust markets.

Catalyst Identification: A number of factors are scrutinized, including market share trends, research and development (R & D), and profitability. Innovation and the allocation of spending to R & D is closely monitored, as is the productivity of this spending. Valuations relative to peers (in particular, Price/Earnings) and free cash flow generation are also key considerations.

In-depth Analysis and Due Diligence: Each company is analyzed in order to determine the optimal growth candidates.

Portfolio Construction: The resulting portfolio consists of companies that exhibit strong growth characteristics.