• Diversified portfolio of non-U.S. companies and U.S.-based companies that have significant revenues from abroad
  • Primarily “Growth At a Reasonable Price (GARP)” publicly-traded securities (including funds & ETFs)
  • Global macro thesis with a fundamental search for strong, attractively priced companies
  • Exposure to both developed and emerging markets with weightings based on region and company growth outlook
  • Portfolio of 40 to 65 positions in a typical client portfolio
  • Total-return focus (both growth and yield); non-benchmark orientation
  • Generally 90-95% invested, but may hold more cash or market inverse ETFs at certain times


     Portfolio Manager: David Descalzi

     Annual Fee of 1.5%

     Link to quarterly commentaries