Estabrook’s balanced strategy seeks both income and long-term capital growth by investing in approximately 70% equity and 30% fixed income, although allocation can be catered to specific client objectives. Combined with our US Large Cap Core service, the 30% fixed income allocation aims to manage both credit and interest rate risk. Issuer’s fundamentals undergo thorough analysis, including evaluation of the overall health of the balance sheet and financial performance.
Our investment team meets regularly to address portfolio construction in the context of our economic outlook and emphasis on secular trends and strategic themes. We review sector allocations, stock specific fundamentals, position sizes and price targets. Ongoing risk decomposition and performance attribution reviews round out this process.