Summary
The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.
The investment process is designed to highlight companies exhibiting growth at a reasonable price characteristic. The process focuses on companies trading at a discount to their estimated intrinsic value as determined by discounted cash flows and valuation methodologies.
Next, the research team employs a three-part analysis which includes evaluating a company’s business model, management team, and each pot
Link
Directors
Jan 11, 2024- Scott C. Jones
- Richard E. Struthers
- Steven P. Riege
- Jill M. Friedow
Chief Compliance Officer
- Steve J. Fredricks
Fund Manager(s)
- Rich Eisinger
- Haruki Toyama
- Joe Maginot
Price
Company Name |
Holding |
| Arch Capital Group Ltd | 6.17 % |
| Fiserv Inc | 4.93 % |
| Alcon Inc | 4 % |
| Texas Instruments Inc | 3.45 % |
| Agilent Technologies Inc | 3.38 % |
| Progressive Corp/The | 3.33 % |
| Accenture PLC | 3.13 % |
| Visa Inc | 3.13 % |
| Ferguson PLC | 2.16 % |
| Elevance Health Inc | 1.84 % |
| More |
Documents
Performance
YTD
7.3%
3 Year
5.76%
5 Year
26.91%
Best
23.31%
2019
Worst
-18.64%
2022
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 9.5% | 6.4% | -5.6% | 4.6% | -20.6% | 13.5% | -1.4% | 6.3% | 5.2% | 1.3% |
| Q2 | -1.7% | 8.4% | -11.8% | 6.7% | 17.4% | 4.6% | 4.4% | 4.1% | 3% | -1.9% |
| Q3 | - | -1.3% | -5.5% | -7.1% | 0.1% | 1.4% | 6.7% | 3.9% | 2.6% | -3.9% |
| Q4 | - | 2.7% | 3.5% | 9.7% | 11.5% | 0.5% | -7.2% | 5.8% | 1.4% | 4.8% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.5% | 5.3% | 3.5% | -3.2% | - | - | - | - | - | - | - | - |
| 2023 | 7.2% | -2% | 1.3% | 2.1% | -1.6% | 7.9% | 4.3% | -1.1% | -4.4% | -2.1% | 8.4% | -3.5% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7% | 17% | -19% | 14% | 4% | 23% | 0% | 22% | 13% | 0% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| MNVAX | 7% | 17% | -19% | 14% | 4% | 23% | 0% | 22% | 13% | 0% |
| Russell 1000 | -8% | 36% | -27% | 27% | 37% | 35% | -3% | 28% | 5% | 4% |
| Alpha | 15% | -19% | 8% | -13% | -33% | -11% | 3% | -6% | 7% | -4% |