Company Attributes

INDUSTRY LEADERS

Most of the companies in our portfolio are industry leaders with a strong sustainable competitive advantage

LOW DEBT

Companies need to have very low debt levels and some of the companies are in fact net cash positive

MANAGEMENT

Good dividend paying record, corporate governance practices & sound long term performance record.

VALUATIONS

On a trailing basis the portfolio PE ratio is less than 12x cyclically adjusted earnings.

CREEPING ACQUISITION

Majority of our companies have done buy-back / creeping acquisition in the 12 months prior to our initial acquisition

CASH FLOW

Our portfolio includes companies with strong and consistent cash flow generation