The Investment Committee will perform in-depth research on these companies in order to determine the ones to be included in the Large Cap Growth model portfolio.
The Investment Committee’s discussions will often lead to the development of more specific “sub-themes.” For example, discussions relating to the burgeoning growth of China and India have led the committee to realize that these economies will need tremendous amounts of additional energy in order to sustain growth. With the conclusion that this increased energy demand will intensify the world’s supply crunch, the investment team will review and analyze the energy sector to identify companies that will benefit from this derivative event.
LCM’s top down approach helps to focus the firm’s bottom-up security selection process into the growth sectors and industries identified by the Investment Committee. Portfolio managers identify candidates from the S&P 500 and other sources that are consistent with the firm’s investment philosophy. The result of the analyses is a “watch-list” of approximately 150 companies. These stocks should possess:
LCM employs strict sell disciplines to protect its clients’ portfolios. Positions will generally be reduced or sold if a stock:
Investment Strategy Communicated With Transparency
Large Cap Growth
The Large Cap Growth Portfolio strategy combines a disciplined “top down” analysis with a detailed fundamental “bottom up” security selection process.
Income & Growth
The Income & Growth Portfolio strategy is based on generating income & long-term capital appreciation, holding positions for maximum gain.