Georgian Equity Growth Portfolio

Objective:  To significantly build client’s capital over a reasonably considered time period.  Our key investment objective is to identify companies with a clear and strong Competitive Advantage, which enables them to grow revenues and cash flow at an above-industry rate.

Rationale:  The Equity Growth portfolio focuses on dominant or pre-eminent industry leaders, including smaller niche companies.  These companies must have innovative, seasoned management, with clear, known ability to create shareholder value.  The number of securities within the portfolio is between 25 - 35, which we believe is ideal to provide diversification, yet primary focus on our best ideas.

Strategy:  Our strategy is to consistently apply a defined set of beliefs, as evident in our investment process. This is purposely rigorous, as follows:

1. Quantitative Screening:
1. Financial strength.
2. Liquidity.
3. Superior growth.
2. Qualitative Screening:
1. Internal research.
2. Management assessment.
3. Competitive advantage.
4. Catalyst / inflection point.
5. Selective external research.
3. Q-Tools Proprietary Software:
1. Control Risk.
2. Multi-factor stock ranking.
3. Momentum; surprise; variability.

Finally, the team seeks to optimize the portfolio, investing in high conviction names with near-term catalysts, to stimulate shareholder value.