​Our club seeks to maximize our equity portfolio's Sharpe ratio via investing in quality corporations with proven business models.

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We are a long only equity fund focused on strategic asset allocation with a one-year outlook. We routinely assess the risk characteristics of our portfolio using value at risk methodologies and we carefully monitor its factor risk exposures. While attempting to minimize translation costs we follow a disciplined strategy for updating our positions. We continue to re-size positions according to risk exposure and conviction. Our portfolio is constructed to ensure constant returns in order to beat the market benchmarks.

SECURITY SELECTION

RISK ANALYSIS

We begin our security selection process with an analysis of current macroeconomic conditions and identify industries that present investment opportunities. Our Associates and their respective teams then conduct deep investigations into individual equities and ETFs. After presenting their investment thesis to the Club, our members decide whether or not positions will be added to the portfolio. We follow a value investing strategy and we are aware of each securities idiosyncratic and factor driven risks. To ensure proper diversification we limit position weights according to their notional size and the risks of the underlying securities.

We are cognizant of factor risks driving the returns of our portfolio and the individual securities within it. Mindful of these risks our portfolio is carefully constructed to minimize portfolio variance. We maintain strict draw-down limits and have a disciplined approach to limiting potential downside risk.

SECTORS

Technology

ROB PENNA, ASSOCIATE

 

Financials

JAMES GRELL, ASSOCIATE

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Utilities & Energy

CHRIS YUCE, ASSOCIATE