Growth Equity

Goal is to achieve above average capital appreciation.

The MAI Growth Equity Portfolio is based on the philosophy that earnings growth is the key driver of stock performance. Growth stocks can protect against inflation while providing an opportunity for growth of principal. The primary focus is to invest in companies that exhibit unit volume growth with pricing power.

Growth characteristics of industries change over time. The MAI Growth Equity Portfolio team reevaluates the industry groups in which the strategy is invested and seeks to identify emerging growth opportunities. The strategy seeks to invest in companies that are broadly considered leaders in their industry, and which tend to be concentrated in the technology, healthcare, consumer and service industries. Even in cases where second-tier companies are less expensive on a price/earnings ratio or some other valuation basis, the Strategy still prefers investing in the industry leaders.

By investing in growth companies that are fundamentally sound, the strategy takes the view that the MAI Growth Equity Portfolio can persevere through the marketʼs short-term volatility to achieve its goal of above-average capital appreciation.

All investments are subject to risk, including the loss of principal. There is no guarantee that the investment strategy presented will achieve its intended result. Past Performance is not indicative of future results.