Smead International Value Fund Class A Shares · NASDAQ:SVXAX
Smead International Value Fund Class A Shares — Smead Capital Management — Q4 2012 Earnings Presentation
8 slides from Smead International Value Fund Class A Shares's earnings presentation, Dec 31, 2012
Slide 1: Capital Appreciation Strategy: US Large Cap Equity
Capital Appreciation Strategy US Large Cap Equity As of 12/31/2012 Investing Inspiration / www.smeadcap.com Page 1
Slide 2: Investment Team Bios
Capital Appreciation Strategy Investment Team Bios William Smead – CEO/CIO Whitman College, B.A. Economics 1980 William is the founder of Smead Capital Management, where he oversees all activities of the firm. As Chief Investment Officer he is responsible for all investment and portfolio decisions a
Slide 3: Investment Philosophy & Portfolio Traits
Capital Appreciation Strategy Investment Philosophy & Portfolio Traits Our Investment Philosophy 1) Valuation matters dearly to investment success 2) We are business owners on behalf of our clients and shareholders 3) We seek out High Quality businesses to focus our research on Portfolio Traits Ge
Slide 4: Buy Criteria & Sell Discipline
Capital Appreciation Strategy Buy Criteria & Sell Discipline Our Eight Criteria Required over entire holding period 1) Meets an economic need 2) Strong competitive advantage (wide moats or barriers to entry) 3) Long history of profitability and strong operating metrics 4) Generates high levels of fr
Slide 5: Portfolio Holdings
Capital Appreciation Strategy Portfolio Holdings As of 12/31/2012 Portfolio Holdings S&P Portfolio Ticker GIPS Weighting % Sector eBay Inc EBAY 6.83 Information Technology Gannett Co Inc GCI 5.04 Consumer Discretionary Cabela's, Inc. CAB 4.83 Consumer Discretionary Aflac Inc AFL 4.68 Financials Walt
Slide 6: GICS Sector Weighting and Asset Allocation
Capital Appreciation Strategy GICS Sector Weighting and Asset Allocation As of 12/31/2012 Sector Weightings 40.0 36.2 35.0 30.0 28.9 27.3 27.5 25.5 25.0 23.9 20.0 19.0 16.1 15.6 15.0 11.5 10.6 11.0 11.5 12.0 10.5 10.0 8.3 9.0 9.2 10.1 7.2 6.6 6.4 6.5 6.2 5.4 4.4 4.6 5.1 5.0 3.9 3.6 4.0 3.4 3.1 3.4 2
Slide 7: Trailing Returns
Capital Appreciation Strategy Trailing Returns As of 12/31/2012 Trailing Returns 30.00 29.16 29.16 28.20 28.20 28.00 26.00 24.00 22.00 20.00 18.00 17.51 17.51 16.00 16.00 16.00 15.56 14.85 14.00 12.00 10.87 10.86 10.00 8.00 6.62 6.03 6.00 4.00 3.73 2.37 2.00 1.29 1.52 1.10 0.00 -0.38 -2.00 -4.00 Q4
Slide 8: Composite Presentation
Capital Appreciation Composite Presentation Total 3 Year 3 Year Composite Assets Total Firm Assets Total Return Total Return Russell 1000 Internal Standard Deviation Standard Deviation # of Portfolios End of Period End of Period Year Gross of Fees Net of Fees Value Index Dispersion Composite Benchma
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