Our investment philosophy centres on a Growth At a Reasonable Price (GARP) strategy, blending elements of both growth and value investing. We believe in identifying companies with strong growth potential that are also attractively valued based on current fundamentals. Our goal is to achieve long-term capital appreciation while managing risk and avoiding overpaying for future growth.
We seek companies with consistent earnings growth, strong competitive advantages, and clear revenue visibility. Our focus is on businesses with above-average growth rates that are positioned to outperform their industry and market peers over time.
While we aim to invest in growth-oriented companies, we are disciplined in not overpaying. We analyse key valuation metrics such as price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, and discounted cash flows (DCF) to assess whether the price we pay for growth aligns with the company's intrinsic value.
Our strategy places a high value on financial strength, consistent cash flows, prudent management, and controlled leverage. By investing in fundamentally sound businesses, we aim to manage risk, particularly during market volatility.
We are committed to a long-term horizon, allowing our portfolio companies’ growth narratives to play out. However, we remain vigilant, re-evaluating positions when valuations become stretched or there are changes in fundamentals.
Although we seek growth opportunities, we maintain a disciplined approach to mitigate risk. We diversify across sectors size and geography and use valuation screens and stress tests to limit potential downside and improve portfolio resilience.
Our GARP investment philosophy is designed to capture the best of both growth and value approaches, ensuring we invest in companies that not only exhibit robust growth potential but also trade at prices that provide a margin of safety. Through diligent research, valuation discipline, and a focus on long-term growth, we aim to create a portfolio that balances opportunity with risk for sustainable capital appreciation.