Highlights

  • Philosophy & Pricing Anomalies: Loomis Sayles’ Growth Equity team is active managers with a long-term private equity approach. They look to invest in those few high quality businesses with sustainable competitive advantages and profitable growth when they trade at a significant discount to intrinsic value.
  • Seven-Step Research Framework: The cornerstone of the Growth Equity team’s investment decision-making process is a seven-step research framework that includes a rigorous look at businesses sustainable competitive advantage, financial analysis, management, growth drivers, intrinsic value ranges, and expectations analysis.
  • Selective Investing Focused on High-Quality Businesses: The team’s Quality-Growth-Valuation investment process begins with the art of trying to identify high-quality companies, those with unique, difficult-to-replicate business models, and sustainable competitive advantages.
  • Define Risk as a Permanent Loss of Capital: Because they define risk as a permanent loss of capital, the team takes an absolute-return approach to investing and seeks to actively manage downside risk.
Equity Securities Risk: Equity securities are volatile and can decline significantly in response to broad market and economic conditions. Foreign and Emerging Market Securities Risk: Foreign and emerging market securities may be subject to greater political, economic, environmental, credit, currency and information risks. Foreign securities may be subject to higher volatility than US securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.Small and Mid-Cap Stocks Risk: Investments in small and midsize companies can be more volatile than those of larger companies. Growth Stocks Risk: Growth stocks may be more sensitive to market conditions than other equities as their prices strongly reflect future expectations. Currency Risk: Currency exchange rates between the US dollar and foreign currencies may cause the value of the strategies's investments to decline.

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