Equity Investing

We seek to buy growing, profitable, and well-capitalized businesses at reasonable prices. The habit of relating quality to value is central to the WCA equity investing process.


The portfolio seeks to buy companies that are growing, profitable, and well capitalized at prices significantly below our assessment of intrinsic value. The portfolio may invest in equities and hold cash whenever candidates cannot be found that meet the strategy’s quantitative criteria based on price and fundamentals.


Like the VICTORY portfolio, companies are purchased first because they trade at attractive valuations relative to our assessment of intrinsic value. In addition, companies should be able to demonstrate at least five years of dividend increases and appear to be able to sustain a rising dividend in the years ahead based on profitability and payout.

Please see important disclosures.