We employ a disciplined approach when it comes to buying and selling equity positions in your portfolio. This approach begins with our research team identifing core and alternative investment choices and then monitoring those choices over time to ensure they are performing according to our expectations.
Our investment advisors are guided by our investment philosophies and strategies within each of these major asset classes.
The objective of the equity management mandate is to secure risk adjusted returns greater than that of the Standard and Poors 500 Index. To achieve that objective, we use a disciplined Growth-at-a-Reasonable-Price (GARP) style of equity management.
- Growth: For our portfolios to consistently provide excellent risk adjusted returns, we focus on high quality, well-managed companies trading at reasonable valuations. These companies should be led by shareholder-oriented management that builds leading brand franchises in the products and services it markets. Investors normally realize investment growth from the long-term compounding of companies’ earnings and dividend growth over a market cycle.
- Income: For income-oriented clients, we select companies whose earnings and free cash flow growth promotes paying rising annual dividends over the long-term. Relatively high dividend yields usually serve to reduce stock price volatility and provide modest equity growth.
Personal appointments may be made to discuss your individual investment needs. Please contact the Middleburg Trust Company office most convenient for you.