Our Philosophy And Strategy

OBJECTIVE, INDEPENDENT, CUSTOMIZED ADVICE

Colchester’s investment approach seeks to achieve above average long-term investment returns, without assuming undue portfolio risk. Working with our clients, we set clear and realistic objectives, and then create and maintain personalized investment portfolios to achieve client goals. Our clients’ ownership of quality securities is designed to minimize financial risks and maximize opportunity regardless of market conditions.

INFORMED, THOUGHTFUL, DISCIPLINED

Our investment approach involves an understanding of market history, specific company and industry attributes, the drivers of global economic activity, and security valuations.

FOCUS ON BOTH QUALITY AND RISK VS. REWARD

Owning quality at the right price is the basis of our investment philosophy. Investments are selected with a clear focus on long-term reliability. We believe that long-term investing, together with prudent asset allocation, provides our clients with the best opportunity to balance wealth preservation and asset growth.

EQUITY INVESTING

Colchester’s equity philosophy is conservative, but not conventional. We endeavor to acquire shares of high-quality companies at low prices relative to earning power, cash flow and/or asset values. We may own “growth” or “value” stocks, depending on prevailing economic and market conditions. Our goal is to capture profits when market fundamentals are positive and to limit losses in difficult environments. We utilize traditional methods of security analysis, and turnover of portfolio holdings is below average.

FIXED INCOME INVESTING

We believe that fixed income securities should generate a high quality stream of current income, and provide stability to balanced portfolios. Given these considerations, Colchester clients typically own short-to-intermediate maturity bonds that offer high credit quality.