Model Portfolio advisorcfa:ENRGY

Description:

Global Energy fund. This fund will seek to provide the highest total return. The fund will consist of a diversified portfolio of energy and related companies.

Investing Strategy:

Primarily GARP, but also significant value orientation.Technical analysis can be a useful tool as a confirmation and timing device or as a risk management indicator.

Company Selection Criteria:

First and foremost, I have an ongoing thesis regarding general macroeconomic trends and the capital markets both domestically and internationally. Within that context, I seek out 'high quality' investment prospects within the industries that I believe are attractive based upon a conglomeration of factors (growth rate and prospects, management quality, brand strength and position, competitive risks, balance sheet strength, etc.) I then apply a portfolio construction process to this universe list that combines analyses of short term catalysts and technical factors with appropriate diversification criteria in order to arrive at an optimal security selection mix.

Sell Criteria:

If the justification for why I purchased a security is no longer applicable, then the position should be closed. Generally, I try to avoid rationalizing keeping a security in the portfolio when I wouldn't open a position at the current price.