Clarkston Fund Institutional Class (CILGX)

Overview

The described fund is an investment entity focused on securing long-term capital appreciation for its investors through strategic investments in equity securities of medium-capitalization U.S.-traded companies. While its primary focus is on medium-cap stocks, it maintains a flexible strategy that includes investments in companies of smaller or larger sizes as well. The fund aims to minimize volatility and risk for its investors by selecting companies that are believed to be of high quality and are undervalued in terms of their expected long-term free cash flow. This approach reflects a commitment to thorough financial analysis and prudent investment selection. The fund is characterized as non-diversified, indicating that it may invest a larger proportion of its assets in fewer issuers than a diversified fund.

Products and Services

• Equity Securities Investment

  At the core of its services, the fund invests in equity securities, specifically targeting medium-capitalization companies traded in the U.S. This forms the cornerstone of the fund's strategy, aiming at long-term capital appreciation. By focusing on medium-sized businesses, the fund seeks to balance the growth potential and risk associated with these companies.

• Strategic Investments in Smaller or Larger Companies

  In addition to medium-capitalization stocks, the fund also occasionally invests in smaller or larger companies. This diversification strategy is designed to enhance the potential for capital appreciation while managing investment risk. By not limiting itself strictly to medium-cap companies, the fund can capitalize on opportunities across the entire market cap spectrum that meet its criteria for quality and value.

• Risk Minimization

  Emphasizing the minimization of volatility and risk, the fund employs a meticulous selection process for its investments. It focuses on companies believed to be of high quality and those that are undervalued based on their expected long-term free cash flow. By doing so, the fund aims to provide its investors with a safer, more stable investment vehicle that seeks to protect against market downturns and capitalize on long-term growth opportunities.

• Non-diversified Fund Structure

  The fund operates as a non-diversified entity, meaning it may take more significant positions in fewer issuers compared to diversified funds. This approach allows for a more concentrated investment strategy targeting selected companies that the Adviser believes have high growth potential. While this might introduce a higher level of risk due to less diversification, it also opens the door for potentially higher returns by focusing on a curated selection of investments.