The Needelman International ValuePlus Equity product seeks to provide long-term investors with capital appreciation through the application of the value discipline to non-US markets - thus providing important diversification benefits to U.S. equity investors.  We primarily invest in companies from developed countries, though we do opportunistically invest in emerging countries. 

Our mandate is to provide consistent, competitive performance over all market cycles. We achieve these results by rigorously adhering to our bottom-up value process, broadly diversifying across a wide range of countries and industries.  We seek companies with strong balance sheets and with comparatively low price/earnings, price/cash flow, and price/book valuation ratios.  Stocks are purchased if they are trading significantly below our estimate of fair value. This conservative approach seeks to provide investors with both a margin of safety and significant long-term appreciation potential.   In addition, this process results in a portfolio with comparatively low risk for a non-U.S. stock portfolio.   We believe risk control is essential to the long-term preservation of our clients' capital.

As with every asset class, international investment involves unique risks.  Examples of such risks includes the potential for political, economic, and currency instability. Prior to investing investors should carefully consider the appropriateness of these risks in light of their overall objective, time horizon, and asset allocation.