What Is It?

• Concentrated with 25-40 stocks, trying to eliminate the most volatile stocks from potential investment
• Diversified across market capitalizations; typically 40-50% in small/mid cap stocks
• Strict momentum approach seeks to buy winners and purge losers; we seek to purchase true market leaders with thematic tailwind behind their outperformance
• We seek to be highly differentiated from broad market index; performance expected to deviate significantly at times

Why Now?

• In a rapidly shifting market landscape, tactical rotation into new leadership gives the potential ability to outperform in a variety of market conditions
• Strategic exposure to small and mid-cap stocks may represent an opportunity to outperform due to their valuations versus their large cap peers
• Momentum as a style could allow the portfolio to capture major themes that drive markets over a full cycle

Who Should Invest?

• Investors looking for All-Cap exposure to the market, without exposure to the highest volatility stocks
• Investors with a long-term time horizon with a goal of maximizing growth
• People looking for an active approach / a desire to distinguish themselves from Index portfolios
• Investors comfortable with a slightly higher degree of volatility in their portfolio

Who Shouldn't Invest?

• Investors looking to achieve capital preservation as their primary investment goal
• Those looking for stable returns in their stock portfolio
• Investors with a short-term time horizon