PERMANENT ATTENTION ON VALUATION METRICS

The focus is on fair value recognition. We invest in stocks with large upside potential over our investment horizon. We consider industry appeal and the company's relative position.

Our investment strategy also relies on proprietary business performance measures.

MEET THE MANAGEMENT

Our objective is to understand the long term perspective of the company in which we invest.  Management meeting is key to adjusting our valuation model.  We look for catalysts that will trigger market reaction.  In addition, we pay special attention to management changes.

THEMES AND MEGATRENDS

Market is driven by themes and mega-trends. The combination of fair value analysis with identification of important themes is the base of our investment approach. We look for inflection points in the market.

RISK MANAGEMENT

We believe in portfolio diversification. No single stock position can exceed 10% of NAV and the sum of the positions between 5 and 10% of NAV cannot be greater than 40% of NAV. We apply strict liquidity rules and entry and exit price discipline. Proprietary risk management algorithm is used to enhance alpha generation.