|
|
 |
 |
| OVERVIEW OF OUR GROWTH STOCK
APPROACH |
|
- Top-Down Macro-Economic Outlook Using Liquidity Cycle
Analysis:
Stock market and interest rate assumptions
developed.
- Stock Market Valuation assessed.
- Leads to policies on desired exposure to the
stocks.
- Economic Trends and Investment Themes
identified.
- Multi-cap approach - Use large, medium and small cap growth
companies.
- International exposure for capital growth and
diversification.
- Equity sectors and Industry groups which will benefit from trends
identified.
- Securities within sectors identified based upon Fundamental and
Technical growth criteria.
- Price Targets established based upon proprietary valuation
model.
We buy "Growth At A Reasonable
Price" 
GAARP.
|
|
|
|
