For Financial Intermediaries, the following strategies are available:

1. PRINCAP GROWTH EQUITY STRATEGY

An unconstrained strategy seeking investment opportunities across the entire stock market; offered through separately managed accounts

Objective – superior, long-term returns investing in primarily US-based companies with significant prospects for growth over the next three to five years. 

Investor profile – seeks superior long-term returns with less concern for interim volatility 

Universe:
  • primarily US exchange-traded equities Innovative companies that are both well-managed and well-positioned to leverage demographic and secular trends

  • Established companies as well as fast growing, young and dynamic businesses

  • No market capitalization or industry bias 

Critical stock selection factor – sustainability of growth attributes

Portfolio characteristics:
  • Focused portfolio of 20 to 35 positions

  • Position weightings typically 3 - 7%

  • Diversified across 6 or more economic sectors

  • Growth bias

  • Annual turnover typically 20 – 40%

2. PRINCAP SECTOR SELECT STRATEGY

An unconstrained strategy, limited to 10-20 stocks, seeking investment opportunities across the entire stock market; offered through separately managed accounts.

Objective: Above average capital appreciation through a concentrated portfolio of US equities focused on the faster growing sectors of the economy

Investor profile: Seeks superior long-term returns with less concern for interim volatility

Universe:
  • primarily US exchange-traded equities Innovative companies that are both well-managed and well-positioned to leverage demographic and secular trends

  • Established companies as well as fast growing, young and dynamic businesses

  • No market capitalization or industry bias 

Critical stock selection factor – sustainability of growth attributes

Portfolio characteristics:
  • Focused portfolio of 20 to 35 positions

  • Position weightings typically 3 - 7%

  • Diversified across 6 or more economic sectors

  • Growth bias

  • Annual turnover typically 20 – 40%

3. PRINCAP CORE EQUITY STRATEGY

Princap's Core Equity Strategy is a conservative strategy designed to serve as the foundation for most investors’ portfolios; offered through separately managed accounts

Objective – out performance versus a general market benchmark over a market cycle plus downside protection 

Investor profile – seeks returns that are less volatile than the market, without giving up the opportunity for excess return versus the standard benchmark over a typical market cycle of three to five years 

Universe:
  • Highly liquid, US exchange-traded equities Emphasis on companies with little or no enterprise risk favors established, mid-to-large capitalization names

  • Dual performance objective leads to a blend of growth and dividend-paying equities 

Critical stock selection factor – valuation relative to perceived opportunity 

Portfolio Characteristics:
  • Focused portfolio of 20 to 35 positions

  • Position weightings typically 3 - 7%

  • Diversified across 6 or more economic sectors

  • Growth bias with S&P 500 or better yield

  • Annual turnover typically 20 – 40%