About Coho

Principal Investment Philosophy

Our equity investment philosophy is based on the premise that the most effective way to create and sustain wealth in the equity markets is to achieve an asymmetric pattern of returns over time, where the portfolio demonstrates a down market capture considerably less than its up market capture. We believe this combination of protection and participation should ultimately provide an opportunity for better than market performance over an economic cycle with less than market risk.

Why Coho?

Coho Partners, Ltd. is headquartered in Berwyn, PA was founded in June 1999 and currently manages over $3 billion.  As a registered investment advisor, Coho offers a single investment strategy through separately managed accounts and the Coho Relative Value Equity mutual fund.  Coho Partners is 100% employee owned.

There are several features of our investment approach that we believe are distinctive and add value to the process:

  • We identify a unique group of companies from a universe of 1,300 that exhibit an asymmetrical return pattern over a full market cycle - the "Coho 250".
  • The proprietary Coho 250 is a highly selective, universe of companies that the adviser believes exhibit stable predictable growth, regardless of the underlying economic environment.
  • Stocks outside of the Coho 250 are not considered for investment regardless of valuation or other investment characteristics.
  • Coho's investment horizon does not obsess over quarterly nuance – we are long-term investors.
  • Our portfolio managers are highly experienced with this universe having followed it through multiple economic cycles.

Click here to visit the Adviser's website.

 

Down Market Capture - A ratio is used to evaluate how well or poorly an investment manager performed relative to an index during periods when that index has dropped.

Up Market Capture - A ratio is used to evaluate how well an investment manager performed relative to how an index has risen.

Behind the Coho Name

Peter Thompson, founder of Coho Partners, Ltd., is an avid fly fisherman.  He named the company after his favorite sport fish, the Coho salmon.  The life of this species, particularly during its migration, demonstrates resoluteness in spite of adversity and peril.  They are highly prized by anglers for their strength, tenacity, and fight.  Our coat of arms is flanked by a pair of these trophy fish because they represents the rigor of our selection process and the vigorous attributes inherent in the companies that are carefully chosen for our portfolios.  We are more interested in tenacity, endurance, and navigation skills, than pure speed.

Before you invest in Coho Funds, please refer to the statutory prospectus for important information about the investment company, including investment objectives, risks, charges and expenses.  You may obtain a hard copy of the prospectus by calling 866.COHO.234 or 866.264.6234 or by clicking here.  The prospectus should be read carefully before you invest or send money.

Mutual fund investing involves risk.  Principal loss is possible.  The Fund may have a relatively high concentration of assets in a single or small number of issuers, which may reduce its diversification and result in increased volatility.  Investments in securities of foreign issuers involve risks not ordinarily associated with investments in securities and instruments of U.S. issuers, including risks relating to political, social and economic developments abroad, differences between U.S. and foreign regulatory and accounting requirements, tax risks, and market practices, as well as fluctuations in foreign currencies.  The market price of the shares of an ETF will fluctuate based on changes in the net asset value as well as changes in the supply and demand of its shares in the secondary market.  It is also possible that an active secondary market of an ETF's shares may not develop and market trading in the shares of the ETF may be halted under certain circumstances.  The fund will bear its share of expenses and the underlying risks of investments in ETFs and other investment companies.  Investments in mid-cap securities involve additional risks such as limited liquidity and greater volatility than larger companies.

The Coho Relative Value Equity Fund is offered only to United States residents, and information on this site is intended only for such persons.  Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

The Coho Relative Value Equity Fund is distributed by Quasar Distributors, LLC.