A strict, defined investment process, which combines a rule-driven systematic approach with broad diversification across stocks and bonds, forms the basis of long-term capital growth.
The semi-annual rebalancing of the portfolio weights is a periodical and systematic process of realizing gains.
We discover value investments in a systematic and unemotional way.
"Show me your numbers and I tell you who you are"
- Frank Lingohr -
The 2-step Investment Process:
Systematic selection process based on classic value criteria e.g.: Price/Earnings, Dividend Yield, Price/Book, Free Cashflow, Leverage, Profitability etc. in order to discover undervalued investments.
Profound, fundamental analysis of single stocks. We always focus on the plausibility of the balance sheet and the business model, cost structure and the strength of financial sources.