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Disciplined team approach
For almost twenty years, Bissett Investment Management has been applying a disciplined
team approach to managing equity, income and balanced portfolios. Bissett’s equity and
income teams meet biweekly to discuss their on-going asset mix and security
recommendations with Bissett’s Investment Committee. This consultative approach to
portfolio construction ensures investment style consistency across all Bissett Funds and
results in consistent, risk-adjusted returns.
Growth at a reasonable price
Bissett’s proven investment style is best described as "Growth at a Reasonable Price"
(GARP). The Bissett equity investment team applies a bottom-up research approach to
identify firms that are gaining momentum and demonstrate sustainable, replicable growth.
One of the many selection criteria in this process is that chosen stocks have a modest P/E
ratio – Bissett managers try to buy a stock before its price accelerates well beyond its
earnings capabilities. As every Bissett fund manager is committed to GARP-style investing,
we believe every holding in a Bissett Fund has good growth prospects and was purchased
at a reasonable valuation.
Strategic asset allocation
Bissett’s asset allocation process involves the continual revision of a strategic asset mix
model, in keeping with internal and external economic forecasts. This is reflected in our
balanced funds.
Suite of income funds
The portfolio decisions for every Bissett income fund are based on a combination of macrolevel
research/analysis and security level research. Bissett’s conservative approach to
income investing results in portfolios of approximately 20 quality securities characterized
by lower downside risk than their peer group, and a better yield.
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