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Our Strategies

We have developed a variety of value-based strategies beyond the original Value Equity strategy. By adding these additional parameters to the basic value investment strategy, we provide our investors the ability to participate in more specialized segments of the marketplace.

Regional Filter
High Dividend Value Equity
  • High current dividend yield (target of above 3%)
  • Low P/E stocks with growing earnings & growing dividends
  • 30-45 undervalued large cap stocks (primarily U.S. companies)
  • May selectively invest in ADRs
Strategy Summary
Benchmarks
Russell 1000® Value
S&P 500®
Portfolio Managers

James Cullen, Jennifer Chang

Enhanced Equity Income
  • Portfolio yield target is 7%+ generated through both dividend and covered call premium yields
  • Covered calls selection written on ~25-40% of the portfolio to generate increased income
  • 30-45 undervalued stocks (primarily U.S. companies)
Strategy Summary
Benchmark
S&P 500® Buywrite Index (BXM)
Portfolio Managers

James Cullen, Jennifer Chang, Tim Cordle, Michael Gallant

ESG Value Equity
  • Concentrated portfolio of 25 – 40 primarily large cap stocks focusing on integrating Environmental, Social and Governance factors
  • Disciplined Value Approach
  • ESG screening to exclude companies with controversial models and practices
  • Portfolio companies maintain strong governance structure and competitive positioning
Strategy Summary
Benchmark
Russell 1000® Value
Portfolio Managers

James Cullen, Jennifer Chang, Anuca Laudat

Small Cap Value Equity
  • 30-45 undervalued small cap stocks (primarily U.S companies)
  • Low P/E and earnings growth potential
  • May invest in ADRs
Strategy Summary
Benchmark
Russell 2000® Value
Portfolio Managers

James Cullen, Brooks Cullen, Brian Drubetsky

SMID Dividend Value Equity
  • 30-40 undervalued small and mid-cap stocks (primarily U.S. companies)
  • Low P/E and earnings growth potential
  • May invest in ADRs
Strategy Summary
Benchmark
Russell 2500® Value
Portfolio Managers

James Cullen, Brian Drubetsky

Value Equity
  • 30-45 undervalued stocks (primarily U.S. companies)
  • Low P/E and earnings growth potential
  • May invest in ADRs
Strategy Summary
Benchmarks
Russell 1000® Value
S&P 500®
Portfolio Managers

James Cullen, Jennifer Chang, Brooks Cullen

Global High Dividend ADR
  •  30-45 undervalued global large cap stocks
  • Low P/E with growing earnings & dividends
  • High current dividend yield (target of above 4%)   
Strategy Summary
Benchmark
MSCI ACWI
Portfolio Managers

James Cullen, Rahul Sharma

Global Enhanced Equity Income
  • 40-50 undervalued global large-cap stocks
  • Select covered calls written on generally 25-40% of the portfolio to generate increased income
  • Portfolio yield target is 8%+ (net) generated through 4% dividend yield and 4%+ call premium yield
Strategy Summary
Benchmark
MSCI World
Portfolio Managers

James Cullen, Pravir Singh, Tim Cordle, Michael Gallant

Water Impact
  • Concentrated portfolio consisting of 20-30 stocks focused on: the water scarcity crisis; improving water quality; and global water supply
  • Pure-Play Investments in Water
  • Disciplined Value Approach
  • Global Portfolio with low turnover
Strategy Summary
Benchmark
S&P Global Water Index
Portfolio Managers

Matthew Diserio

International High Dividend ADR
  • High current dividend yield
  • Low P/E stocks with growing earnings and growing dividends
  • Analyze for geopolitical risk and macroeconomic forecasts
  • 30-45 undervalued non-US equities with a focus on developed economies
Strategy Summary
Benchmark
MSCI EAFE
Portfolio Managers

James Cullen, Rahul Sharma, Pravir Singh, Anuca Laudat

International High Dividend ORD
  • 30-45 undervalued non-US equities with a focus on developed economies
  • Growing earnings & dividends
  • High current dividend yield (target of above 4.5%)
Strategy Summary
Benchmark
MSCI EAFE
Portfolio Managers

James Cullen, Rahul Sharma, Pravir Singh, Anuca Laudat

Emerging Markets High Dividend
  • High current dividend yield
  • Low P/E stocks with growing earnings and growing dividends
  • Analyze for geopolitical risk and macroeconomic forecasts
  • 50-70 undervalued high-quality emerging market companies
Strategy Summary
Benchmark
MSCI Emerging Markets
Portfolio Managers

James Cullen, Rahul Sharma