Investment Philosophy

Step 1 - Screening of the investment universe

We apply quantitative screens to our investment universe of more than 1,000 listed companies.

These screens identify potential investment targets.

Step 2 - Fundamentals analysis

This approach allows us to fully grasp the company’s strategy, its business model, and its environment and to measure its quality on the basis of fundamentals.

Step 3 - Stock valuation

Our objective is to determine companies’ intrinsic valuation.

We use fundamental valuation methods developed using our proprietary tools.

Step 4 - Portfolio construction

We invest in our strongest convictions from the list of eligible stocks, based on our portfolios’ targeted returns.

Stocks that do not meet our standards on security and upside potential are sold immediately.