Strategies

LSC Portfolio

LSC seeks to balance appropriate portfolio diversification with a focus on over-weighting areas of opportunity. Our industry sector weightings will not be driven by our performance benchmark indices, but rather by our perception of value.

Our strategy is to invest in 25 to 35 individual stocks. We believe that over-diversification can result in mediocre investment performance, and those investors whose goal is broad diversification and adherence to a benchmark would be better served by index strategies.


LSC OPPORTUNISTIC VALUE EQUITY PORTFOLIO

  • Dynamic cash allocation of 0–50%
  • Cash weighting varies based on opportunities and perceived level of macro risk
  • Expect more modest returns in strong/momentum markets with more muted losses in bear markets
  • Initial position size typically 2% to 5%
  • Target Investor: those seeking capital appreciation who want a broader asset allocation approach and greater downside protection
  • Inception date: May 31, 2004

LSC FULLY INVESTED VALUE EQUITY PORTFOLIO

  • Managed with average equity allocation of 90–100% at all times
  • More closely maps the returns and volatility of the benchmark
  • Initial position size typically 3% to 6%
  • Target Investor: those seeking capital appreciation with a higher tolerance for the risk and volatility associated with a fully invested equity portfolio
  • Inception date: November 30, 2005

LSC BALANCED PORTFOLIO

  • LSC's equity strategy can be combined with a portfolio of high quality fixed income for investors seeking a balanced portfolio
  • Expect moderate equity returns and income generation
  • Target Investor: those seeking income and preservation of capital
  • Inception date: May 31, 2004