Diamond Hill Select Fund Class Y (DHTYX)

Overview

The fund operates as an investment entity concentrating on equity securities within the United States, targeting undervalued assets across any size capitalization. By employing a distinct approach that focuses on determining a company’s intrinsic value rather than current market prices, the fund stands out in its investment strategy. It emphasizes a deep analysis of companies, taking into account competitive industry dynamics, regulatory impacts, risks of technological obsolescence, and various industry-specific factors. This investment philosophy reflects a commitment to identifying long-term growth opportunities by looking beyond short-term market fluctuations. However, it's noteworthy that the fund adopts a non-diversified strategy, implying a concentration in fewer investments which could influence its risk profile.

Products and Services

• U.S. Equity Securities Investment

This service focuses on investing in undervalued U.S. equity securities, encompassing both common and preferred stocks. The investment process is characterized by a rigorous valuation approach, aiming to discover assets priced below their intrinsic value. This involves a comprehensive analysis of the company's potential for growth and sustainability, beyond mere stock market performance.

• Value-based Investment Strategy

The fund employs a value-based investment strategy, seeking to invest in companies regarded as undervalued in the market. This involves an independent analysis of a company’s worth, disregarding its current stock price, and considering various factors such as industry competition, regulatory environment, and potential technological disruption. Its goal is to identify companies with robust fundamentals that are likely to provide long-term returns to investors.

• Non-diversified Investment Approach

Operating with a non-diversified investment approach, the fund concentrates its assets in fewer securities which it believes have significant growth potential. While this strategy aims for potentially higher returns by focusing on selected investments, it also involves a higher level of risk, as the fund’s performance is more closely tied to the specific fortunes of the chosen investments.