Capital Appreciation

Palo Capital's Investment Philosophy

Capital Appreciation seeks to maximize long-term capital appreciation by investing in publicly listed securities without constraints based on market capitalization, style, asset class, country, or industry sectors. Investments typically consist primarily of individual equities, include both domestic and non-U.S. companies, and, in comparison to broad market indices, include greater exposure to small capitalization stocks. While minimizing short-term volatility is not an explicit objective, during periods of perceived elevated market risk, Palo Capital may raise cash, use option strategies, or engage in short selling in accounts where these strategies are permitted.