One Investment Approach = Value Investing
To build real wealth, an investor must earn returns that outpace inflation. We believe that investing in quality businesses, at a discount to their intrinsic value, is vital to accomplishing this objective.
Three Investment Strategies (Mutual Funds)
Each equity strategy has concentrated portfolios seeking to preserve and grow capital over the long term.
FAM Value Fund focuses primarily on mid-cap stocks; FAM Equity-Income Fund on mid-cap, dividend-paying companies; and FAM Small Cap Fund on small businesses with long-term potential.
We range from about 20 to 50 holdings, depending upon the Fund. We get to know the management teams of the businesses behind the stocks and have a high conviction about these names — we want them to potentially have a meaningful impact on performance. In our experience, concentrated portfolios have a better probability of outperforming diversified ones over the long term.