The investment committee adheres to a process that can be described as bottom-up, employing quantitative and fundamental analysis. We are data and research driven, always looking for evidence-based opportunities instead of listening to all the noise that exists related to investing. Our equity models are constructed utilizing a multi-step process. First, we begin with the entire universe of equity securities, which includes over 100,000 opportunities globally. We then employ a series of proprietary quantitative screens to filter for financial characteristics and multi-factor rankings. This is then followed by fundamental analysis to validate a company’s intrinsic value, investment efficiency and performance. Finally, we build a well-diversified portfolio, subject to risk controls. Furthermore, a defined sell discipline is employed to optimize the performance of these models.
- Large Cap Growth
- Large Cap Value
- Dividend Growth
- Small/Mid-Cap Growth
As fundamental investors, our end-goal, regardless of philosophy is to
buy an asset for less than its intrinsic value.
THE LEVEL FOUR METHODOLOGY
Fundamental analysis is at the core of our methodology, and it is where we believe we can add the most value to the portfolio management process. The focus of the fundamental process is to determine the price objective of a stock, based on the intrinsic value of the business.
We believe the most important analysis we can make is determining the intrinsic value of the business by estimating the free cash flows available, and then discounting those cash flows back to the present value using the weighted average cost of capital (WACC).
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Investment advice offered through Level Four Capital Management, LLC, an SEC registered investment advisor. Level Four Capital Management, LLC provides investment management services to institutional and individual investors. Prior to October 2019, Level Four Capital Management, LLC conducted business as Level Four Asset Management, the asset management division of Level Four Advisory Services, LLC., an SEC registered investment advisor that provides investment management services to institutional and individual investors. Level Four Capital Management, LLC manages a variety of value and quantitative strategies.
Investing involves risk including loss of principal. The investment returns and principal value of the portfolio will fluctuate so that the value of an investor’s account, when redeemed, may be worth more or less than their original value. No strategy assures success or protects against loss.
All indices are unmanaged and may not be invested into directly.
Investors should consider the investment objectives, risks, charges and expenses of mutual funds and exchange traded funds carefully before investing. The prospectus and, if available, the summary prospectus contains this and other important information about the fund(s). You can obtain a prospectus and summary prospectus from your financial representative. Read carefully before investing.
ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.