About Us | Personnel | Resources | Contact

Delta Asset Management Division:

333 South Grand Avenue
Suite 1450
Los Angeles, CA 90071

Telephone:
Fax:

Large Cap Core

Equity Investment Style and Approach

• Top-Down
• Large Capitalization
• Core Equity
  

Investment Approach

Business Environment Analysis

• Emphasis on market sectors and industries based on business cycle characteristics
  

Fundamental Dynamics

• Focus on companies with improving fundamentals and accelerating growth
  

Valuation

• Attractive valuation to the S & P 500 and its expected earnings growth rate
  

Investment Objectives

• Outperform in both up and down markets
• Generate above average returns with below average risk
  

Fundamental Dynamics/Stock Selection

Accelerating Earnings Growth

Revenue Enhancers

• Global Expansion
• New Products
• Market Share Gains
• Price Increases
  

Profit Margin Improvements

• Productivity Gains Based on Cost Reduction Efforts
• And Information Technology Advancements
• Management Execution
  

Cash Flow Management

• Share Repurchase
• Debt Reduction
• Investments/ Accretive Acquisitions
  

Securities Valuation and Sell Discipline

Valuation

• Examine historical price earnings (P/E) ratio relative to the market and industry group
• Assign P/E multiple target based on historic data and changing company fundamentals
• Monitor stock performance relative to price target
  

Sell Discipline

• Stock inappropriate for current phase
• Deteriorating momentum
• Exceeds price target
  

back to top ^

About Us | Personnel | Resources | Contact


Copyright 2001-2004 Berkeley Capital Management LLC.® All rights reserved.

Click here for Compliance Disclosures.