Our A. Stotz Investment Research (ASIR) investment universes can be customized to include or exclude certain markets depending on your needs, access to execution, and strategy. We offer a range from a Global universe to single country or regional universes.
We aim to achieve long-term capital appreciation through an actively managed portfolio of stocks. The fund strives to deliver a long-term return above similar passive indexes. We seek to achieve this through our unique FVMR stock selection methodology, our concentrated portfolios of only 15-20 companies, and our stop-loss discipline.
What our partners get
A ready-to-invest portfolio that is simple to execute and easy to monitor
Fundamental research on each company in the portfolio for investment committee approval
Daily monitoring of the portfolio and communication with your fund managers/traders
A truly active strategy on an attractive universe available today
If a stock is performing poorly due to company events, country-specific risk, or general market sentiment, we may execute a stop-loss and hold a cash position. The strategies apply
predetermined stop-loss points for each stock to reduce downside risk; this is especially important due to the concentrated nature of our portfolios. Also, the strategies hold the cash from such sales until the next rebalance period, rather than attempting to reallocate that cash to other stocks at that time.
We may take temporary defensive positions through stop-losses that could cause cash levels to be high for a brief period due to adverse market, political or economic conditions. Under such situations, the strategies may hold a substantial portion of its Net Asset Value (NAV) in liquid assets.
FVMR Methodology and turnover
ASIR FVMR Methodology re-evaluates all stocks in a market regularly. At that time, we consider the attractiveness of all stocks in the universe and then consider changes in our portfolio. Our experience has shown that our portfolio has an annual turnover rate of 100-400%. Meaning, we could replace ten stocks out of a portfolio of 20 stocks, and in the most extreme case, all stocks could be replaced by 20 different stocks.
The turnover in the portfolio happens when the stocks are re-selected and re-balanced to equal weight. In between these periods, there are minimal transactions. Hence the trading aspect of the FVMR strategy could be defined as high turnover and low frequency of trading.