Coho Relative Value ESG Fund
INVESTMENT OBJECTIVE
The Coho Relative Value ESG Fund seeks total return.
INVESTMENT PROCESS
A selective universe: the Coho 250
We narrow our focus to a highly selective universe of companies that have generally shown long-term stability and growth in most economic environments.
We employ an exclusionary overlay that removes tobacco, firearms, alcohol, military weapons, gambling, and mining industries. We then implement an integrated ESG qualitative and quantitative framework.
In-depth fundamental research determines attractiveness
We execute thorough research on the Coho 250 universe and construct Dividend Discount Models (DDMs)* for each company using realistic yet conservative assumptions.
Portfolio construction
Our buy and sell decisions are driven by the portfolio’s risk/return profile. Both the quantitative and the qualitative processes focus on identifying and tracking the most relevant and/or material ESG factors for each industry and company.
*A Dividend Discount Model (DDM) is a procedure for valuing the price of a stock by using the predicted dividends and discounting them back to the present value.
