MAP Balanced

“Value” drives everything we do at MAP. Value investing involves a bottom-up strategy with careful identification of specific undervalued investment opportunities.

Read More

As a global value investor, MAP goes anywhere in the world to identify companies that pass its rigorous “value” screening and selection process.

Read More

MAP Balanced Strategy*

The MAP Balanced strategy is essentially the MAP Global Equity strategy with a fixed-income allocation. Similar to our equity only strategy, we are opportunistic with our (corporate) bond selections.

Strategy Goal – Preserve capital while generating current income and seeking long-term capital growth.  Capital is allocated between fixed income and equity securities.  Portfolios are constructed unconstrained by geography and market capitalization while being benchmark agnostic.  Covered calls may be employed to enhance income stream.
Equity Style Allocation – Value
Fixed Income Style Allocation – Individual corporate; all credit & maturities
Equity Capitalization Allocation – Large, Mid, & Small
Stated Benchmark – 50% MSCI All Country World Index/ 50% Merrill Lynch U.S. Corporate A-AAA Rated 1-3 Years Total Return Index
Typical # of Positions Held – 40 to 65
Portfolio Construction Process – Bottom-up, based on the company’s fundamentals & debt distribution

Risk Management

Emerging Market equity exposure – Limited to 30%
Sector exposure – Limited to 30%
Maximum invested in a single non-U.S. country – Limited to 20%
Total invested outside the U.S. – Limited to 60%
Small-cap securities – Limited to 2% (at cost)
Large cap – Limited to 5% (at cost)

*Please see fact sheet for additional information & disclosures

DOWNLOADS:

MAP Balanced Composite Fact Sheet

Q3 2017

GEOGRAPHIC ALLOCATIONS:*

Developed

Australia
Belgium
Canada
Denmark
Finland
France
Germany
Ireland
Israel
Italy
Netherlands
Norway
Singapore
Sweden
Switzerland
UK
US

Emerging

Czech Republic
Indonesia
Malaysia
Mexico
Morocco
South Africa
Thailand

*The countries represent locations of holdings which we currently own or have owned in the past 2 years.