The objective of the Inflation Hedge strategy is to provide long-term returns in excess of the CPI, with strong relative performance during rising inflation environments. The investment process seeks to identify a limited number of asset rich companies that are priced at a significant discount to their net asset value. The strategy is implemented through a concentrated portfolio of about 20 stocks and invests in companies across all market capitalizations and multiple geographic regions. The companies are typically characterized by a combination of undervalued and/or unique assets, as well as significant insider ownership. Multi-year holding periods and low turnover, result in a very tax efficient strategy.
Eleven year performance history has produced strong returns versus a variety of benchmarks
Tax efficient returns are characterized by long holding periods
Diversification across multiple industries and geographic regions reduces risk
Liquidity of publicly traded stocks and transparency of a separately managed portfolio
Low correlation with S&P 500 Index provides significant diversification
A compelling addition to a traditional stock and bond asset allocation