Equities

• Experience  MCA’s common stock portfolio management team has nearly 130 years of combined investment experience.  Most team members are CFA charter holders with graduate degrees.  All are proven investment management professionals.
• Understanding  We concentrate our efforts on bottom-up fundamental research and financial statement analysis.  We seek to understand fully each company’s business so that we can accurately evaluate its prospects, appropriately value its shares of stock, and effectively construct portfolios of stocks to achieve each client’s objectives.
• Objectivity  Our portfolio managers and analysts monitor a broad universe of company data, media reports, and Wall Street and third-party research to supplement their own extensive analysis in a continuous effort to retest their assumptions.  This often leads to contrarian views that can be significant contributors to long-term returns.
• Risk Management  To accurately evaluate the risk level and return potential of each of our portfolios, we employ state-of-the-art portfolio management, analytical, and performance attribution systems.  We do all we can to know fully the investment risks we are taking, and how well our investors are likely to be compensated for those risks.
• Long-Term Results  We believe that outstanding short-term returns may be useful for investment marketers, but not for investors.  So, we avoid taking large, risky positions in pursuit of headline-grabbing but unsustainable returns.  Our goal is consistent, moderate out-performance – investment returns that stand the test of time and provide outstanding long-term results for our investors.

  Investment Philosophy      Investment Professionals