Document Type

Investment Portfolio

Publication Date



The Crummer SunTrust Portfolio’s Investment Policy Statement requires that the management team determine portfolio allocations based on a consensus estimate of the market’s behavior throughout the coming year. This team has conducted thorough economic research using a variety of respected sources, developed a comprehensive market analysis, and heard from a well-rounded selection of industry experts (including economists, portfolio managers, and financial advisors) to inform this year’s investment decision. The team analyzed and discussed a range of likely economic possibilities for the upcoming year to shape a consensus that would serve to inform portfolio decisions. The team also evaluated the potential upsides and downsides relative to each economic factor to guide appropriate responses regarding individual stock selections and portfolio design. Finally, the team’s investment strategy has been to select securities trading at a significant discount to market value. We believe this strategy will mitigate any market volatility while providing a larger total return.