Objective:
The strategy seeks long-term capital appreciation.
Investment Philosophy:
The Intrinsic Value Fund invests primarily in the common stocks of small, mid or large capitalization companies that the Advisor believes have the potential for capital appreciation. The Fund may be overweight in certain sectors at various times. The Fund may invest in exchange traded funds (ETFs) and foreign equity securities including American Depositary Receipts ("ADRs"). Securities are sold when they have realized their anticipated value or if new investment opportunities with higher expected returns are acquired.
Investment Process:
The Advisor focuses investments in what it believes are high quality businesses selling for substantial discounts to fundamental net worth (or "intrinsic value"). The Advisor typically considers a company to be "high quality" if it has most of the following characteristics: strong free cash flow; substantial operating margins; high returns on invested capital; modest leverage; growing revenues and earnings; and honest and competent management. Typically, the Advisor's core investments tend to be mature businesses with stable cash flows. Often, the investments have modest revenue growth, but use incremental margin improvements to generate higher earnings and cash flow, while reinvesting the excess cash back into the company, either operationally, or through share repurchases and acquisitions.
Prospectus:
Please click on the link below to obtain a copy of the Fund's Prospectus.
Paradigm Funds Prospectus
|
Portfolio Characteristics:
| Inception Date: |
1/1/2008 |
| Cusip: |
69901E500 |
| NAV: |
$18.57 |
|
Net Assets ($ million)
|
$2.9 |
| Number of Holdings: |
35 |
| Weighted Average Market Cap ($ million): |
$8,873.0 |
Median Market Cap
($ million): |
$1,573.3 |
| Net Expenses: |
1.25% |
| Index: |
Russell 3000
|
| Index 2: |
S&P 500 |
|
Key Differentiators:
|