Our goal is to create stable portfolios that outperform between 3% and 5% annually over long periods, and in a tax efficient manner.
To achieve this we adopt a unique approach, investing for the long term in companies that hold strategic positions in superior growth industries. Our philosophy is grounded in several core principals:
- Constructing portfolios that represent our best investment ideas, not reweighting exposures to the companies in a benchmark index
- There are a limited number of very attractive situations in the Australian market at any given time, and investors interests are best served by holding exceptional opportunities rather than diversifying into mediocre companies
- Holding between 20 and 25 companies, affords investors good diversification characteristics and opportunities to outperform the broader market
- Investors' tax implications are an important consideration in managing money
PPM's
Investment Strategy, identifies the specific investment opportunities included in our portfolios, while our
IMA structure helps support this philosophy.