Describe your organisation’s investment principles and overall investment strategy, interpretation of fiduciary (or equivalent) duties,and how they consider ESG factors and real economy impact.
Cape Ann is a long only, value investor in developing market equities. Cape Ann’s investment team employs a bottom-up fundamental approach to stock picking using an assessment of intrinsic value. Cape Ann defines value as the discount of a security price to the underlying economic value of the business. The objective is to maximise the intrinsic value of the portfolio over time through a disciplined investment process. Investment managers identify inexpensive stocks through the screening process and then conduct fundamental research to assess the quality of the underlying company. The investment team generally seeks to avoid companies with danger of severe capital loss due to excessive leverage or poor corporate governance.
Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]
Cape Ann considers responsible investment and environmental, social and governance (“ESG”) related issues to be an integral part of its broader qualitative research process and its investment team has developed an ESG Policy to outline its approach. Cape Ann also has a Proxy Voting Policy in place.