At Novare Capital Management our overriding objective is to preserve
and grow your wealth. We seek to outperform the S&P 500 over a complete
market cycle while maintaining less market risk and tax efficiency.
Research Novare Capital conducts quantitative
and qualitative analysis using our proprietary model as well as studies research
from independent sources such as Argus, Standard& Poor’s (S&P) and select Wall Street
firms. This information is used to create our “select list” which includes high quality
companies that fit into one of three investment disciplines: value companies, growth companies and income companies. Sector Allocation A well-diversified
portfolio has exposure to the ten different sectors
of the S&P 500. Specific allocation recommendations
are what allow us to
customize each portfolio to meet your unique needs.
Company Valuation
We believe that a properly diversified portfolio
should contain growth stocks, value stocks and income stocks.
We look at many factors and metrics to determine if a company
will meet our criterion, including:
Earnings growth
Free cash flow growth
Price/Earnings ratio
Business margins
Solid balance sheet
Pricing
Top Ten Holdings
as of 12/31/09
Noble Corp.
Emerson Electric
Laboratory Corp.
Enterprise Product Partners
Johnson & Johnson
CVS Corporation
Global Payments Inc.
Plum Creek Timber
General Dynamics Corp.
Fiserv Inc.
Holdings are subject to change.
These holdings represent 30% of the core equity composite.
When to Sell At Novare Capital, we use quantitative and qualitative screens to look at performance and valuation relative to our expectations regarding the company and the sector. We diligently monitor all of these factors and make decisions thoughtfully.
