The investment goal of the Equity Strategy is long-term income and capital appreciation. The most important feature of the Equity Strategy is its reliance on regular dividend increases by the portfolio companies. Regular dividend increases combined with our reinvestment of dividends create the conditions for significant year over year income growth and the corresponding capital appreciation over time.
Client’s funds are invested in an actively managed, diversified portfolio of domestic and international stocks with the following characteristics:
- High profit margins
- Consistent, reliable profitability
- Leadership position in their respective industries
- Low risk of product or service obsolescence
- Low regulatory risk
- Low or moderate levels of debt
- A history of regular dividend increases
- A history of regular share buybacks
- Significant and realistic growth potential
- Honest, candid management