Fund Currently Managed
ICON Materials (ICBMX), since August 2003.
Investment Style Overview
Uses quantitative valuation system to analyze about 1,700 stocks in the materials sector, looking for those priced low relative to company’s intrinsic value. Then, screens for undervalued industries within sector that are performing better than the overall market. Considers income statements and balance sheets to assess financial strength.
Key Stock Selection Criteria
*High value-to-price ratio and performance that tops overall market.
*Strong cash flow and low debt.