investment Process

4 PILLARS OF INVESTMENT
Philosophy
Process
People
performance
investment Philosophy
Growth Biased

Focused on investing into Quality business that can deliver sustainable high growth over medium term to long term.

Be selective in cyclical businesses

investment Ethos
Ownership Mindset

As investors we bring ownership mindset to investing and think about ourselves as owners of business

Long Term Approach

Our long-term business-oriented approach to investing and proprietary investment framework gives us an edge to overlook short term volatility

Focus on High Quality

We are focused on Investing into Good Quality business that can deliver Sustainable Growth over the medium term to long term

Corporate Governance

We expect good corporate governance from our investee companies and is key to our investment approach

Risk Management

We firmly believe Risk Management is central to our investment approach and as a result we are focused on generating superior risk adjusted returns

investment Framework
Sustainable Quality Growth At Reasonable Price (SQGARP)TM
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Sustainable

Companies with sustainable and durable business models

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Quality

Superior quality businesses, demonstrated by their competitive edge, pricing power, ROE and FCF, are led by good quality and competent management teams.

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Growth

Business that can deliver superior growth over medium to long term

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Price

Ability to invest at reasonable valuations. Fair value approach to valuations. Focus on economic value of business

investment Process
Follow a fine-tuned repeatable process
Investment Universe

Identify companies with sustainable earnings growth potential, credible management & long-term growth prospects

Company Research

Analyze fundamentals of the company and industry to assess attractive segments within our universe

Stock Selection

Portfolio is constructed bottom-up based on careful analysis and taking advantage of volatility, crisis, or unusual circumstances

Portfolio Management

In order to ensure investment objectives are met, ensure effective governance, active involvement and timely intervention

SUPERIOR RETURNS AT MODERATE RISK
WHAT WE ARE TRYING TO ACHIEVE
Focus on
Superior Risk
Adjusted
Returns
RISK MANAGEMENT
The fund managers will strive to manage the following risks
  • Quality Risk
  • Price Risk
  • Management Risk
  • Event Risk
  • Financial Risk
  • Mortality Risk
  • Volatility Risk

Investing in unsustainable/weak companies

Experienced investment professionals to help limit investment universe to carefully selected high quality business

Overpaying for a company

Detailed in-house research to enable “Fair Value” based investment recommendations

Inability for management to drive growth

Assess quality of team and their focus on creating shareholder value

Risk due to company or sector specific event

Effective and timely response to uncertain events possible due to in-depth understanding of businesses

Overleverage or dependent on a critical revenue stream

Monitor overall financial risk and leverage of investee company

Risk of business failure

Experienced investment professionals to help limit investment universe to carefully select good quality businesses

Market Risk

Monitor overall portfolio volatility and control risk class/ sector/ stock exposures as needed

Quality Risk

Investing in unsustainable/weak companies

Experienced investment professionals to help limit investment universe to carefully selected high quality business

Price Risk

Overpaying for a company

Detailed in-house research to enable “Fair Value” based investment recommendations

Management Risk

Inability for management to drive growth

Assess quality of team and their focus on creating shareholder value

Event Risk

Risk due to company or sector specific event

Effective and timely response to uncertain events possible due to in-depth understanding of businesses

Financial Risk

Overleverage or dependent on a critical revenue stream

Monitor overall financial risk and leverage of investee company

Mortality Risk

Risk of business failure

Experienced investment professionals to help limit investment universe to carefully select good quality businesses

Volatility Risk

Market Risk

Monitor overall portfolio volatility and control risk class/ sector/ stock exposures as needed