Castle Tandem Fund (TANDX)

Overview

The company, through its specialized fund, focuses on investing in both domestic and international equities. It targets companies of any size, leveraging the expertise of its sub-adviser to identify entities that are not only leaders in their respective industries but also possess undervalued assets or have growth potentials that are yet to be reflected in their current stock prices. This strategic approach aims at maximizing returns for investors by capitalizing on these undervalued opportunities. The fund maintains a relatively concentrated portfolio, holding a core position of 15 to 30 common stocks, which implies a high conviction approach to stock selection and portfolio management. Despite its concentrated investments in common stocks and ADRs, the fund has the flexibility to diversify its investments by including exchange-traded funds (ETFs), allowing for a wider exposure to various sectors or regions. The fund is categorized as non-diversified, meaning it may invest a larger portion of its assets in fewer issuers, which could increase volatility or risk compared to diversified funds.

Products and Services

• Common Stocks of Domestic Companies

  Investment in common stocks of domestic companies forms the backbone of the fund’s portfolio. By focusing on companies that exhibit a strong competitive position within their industry, the fund seeks to acquire stakes in entities with the potential for significant growth or appreciation in asset value, thereby aiming to secure above-market returns for its investors.

• American Depositary Receipts (ADRs) of Foreign Companies

  The fund extends its reach beyond domestic markets by investing in ADRs of foreign companies. This exposes investors to international markets and provides a diversified global investment approach. By identifying foreign companies with undervalued assets or growth potential not reflected in their current stock prices, the fund aims to leverage global market dynamics for optimal returns.

• Exchange Traded Funds (ETFs)

  As part of its diversification strategy, the fund may invest in ETFs. These investments allow the fund to gain exposure to a broad array of assets, sectors, or geographic regions without the need to directly invest in individual stocks. ETFs add a layer of flexibility and risk mitigation to the fund’s investment strategy by encompassing a variety of underlying assets.