Innovation Equity Strategy
The strategy seeks long-term capital appreciation by investing primarily in companies on the "right side of change," with robust and sustainable growth.
Competitive advantages
All-cap research
Deep pool of growth investors that glean unique insights through intensive bottom-up research conducted across the entire market-cap spectrum
Style consistency
Focus on companies with robust and sustainable growth and remain highly disciplined in all market environments
Portfolio construction
Structured to emphasize diversification and balance through a barbell allocation to “core growth” and “developing growth” holdings
Sell discipline
Quantified sell discipline uniquely positions the team to manage risk through both its buy and sell decisions
Long-term performance starts with identifying companies on the "right side of change."
The team seeks a style-pure dedication to growth, targeting consistency of returns and focusing on fundamental, bottom-up, all-cap research to identify businesses with sustainable growth.
Key risks
Market risk: Security markets are volatile and may decline significantly in response to adverse issuer, regulatory, political, or economic developments with different sectors of the market and different security types reacting differently to such developments.
Equity securities risk: Equity securities fluctuate in value and price in response to factors specific to the issuer of the security, such as management performance, financial condition, and market demand for the issuer's products or services, as well as factors unrelated to the fundamental condition of the issuer, including general market, economic, and political conditions.
Small-cap securities risk: If a strategy invests in the securities of smaller-capitalization companies, these securities tend to be more volatile and less liquid than those of larger companies.
Foreign securities risk: If a strategy invests in the securities of non-U.S. issuers, these investments may be subject to lower liquidity, greater price volatility, and risks related to adverse political, regulatory, market, or economic developments and may be affected by changes in foreign currency exchange rates.
Investors should know that this strategy deployed may be subject to additional investment risks. For important information about the investment manager, please refer to Form ADV Part 2.
Diversification does not ensure or guarantee better performance and cannot eliminate the risk of investment losses.