We have developed a disciplined and systematic trend-following approach which identifies those stocks likely to provide low risk, high probability price appreciation over the medium to long term.

In addition to the stock selection process, a rigorous position sizing model ensures the size of each investment made is relative to its measured risk and the total holding of any individual stock is capped relative to its market liquidity.

Stock prices fluctuate and losses are a natural and expected part of the business of investing.  Stop loss levels are set for each initial investment and a system of trailing stops ensures profits are locked in when appropriate.  This strategy ensures that any losses are taken while they are still small, giving us limited downside, while allowing the continuation of trends to capture large upside potential.

As the Fund takes a medium to long term view of the investment process, profitable positions are maintained for months to years, while unprofitable or losing positions are closed out promptly.

In addition to identifying and managing investment opportunities, some aspects of the investment strategy will also serve to restrict the size of the Fund.  In the interests of existing investors, when the Fund is fully invested and the opportunities to add new investments, or to add to existing holdings, are limited, new contributions to the Fund may be restricted or suspended.