Tributary Funds (4)

At the Core of Every Portfolio

First Focus Core Equity Fund

US> Large-Cap > Growth

Aug 18, 2009

The First Focus Core Equity fund seeks to buy high-quality companies that are trading at a discount to their estimated economic value in the domestic large-cap equity universe. Portfolio manager Randall Greer explains how the management team applies its value investment style to create a concentrated portfolio that delivers better returns than the S&P 500 Index.

Undiscovered Earnings Growth

First Focus Growth Opportunities Fund

US> Small-Cap > Value

Nov 10, 2006

Although First Focus Growth Opportunities is a growth fund, it doesn’t limit itself only to the growth industries. Instead, portfolio manager Kurt Spieler spreads the exposure across various industries looking for the companies with above-average growth in each group. The bottom-up research process is complemented by a risk control overlay whose final goal is a portfolio of 50 to 60 growth stocks with low correlations.

Quality with Visibility

Tributary Small Company Fund

US> Mid-Cap > Core

Jun 11, 2018

Small-cap stocks are an asset class with great potential for an active manager, because they tend to offer more opportunities for investing in mispriced companies. Mark Wynegar and Michael Johnson, co-managers of the Tributary Small Company Fund, rely on an in-depth research process to identify quality companies trading at a discount to fair value. A key element in their process is developing an understanding of each business and a high level of confidence in each investment.

> NA > NA

Apr 19, 2018

Diversification is a key feature of the Tributary Balanced Fund. Portfolio manager Kurt Spieler believes that performance is driven by tactical allocation between equity and fixed income, as well as by security selection, without applying sector or market cap biases.