The Waycross Growth Strategy was launched in 2011. The objective is to outperform the S&P 500 index over a full market cycle. Our approach to long-only investment management remains focused on extensive, bottom-up company research. We emphasize companies who are either leaders in their respective industries or are disrupting their industries through innovation. The strategy maintains a higher market exposure range of 95-100% invested across 25-35 holdings. To better serve our clients' needs, the strategy can be customized for adherence with specific guidelines and tax considerations.
The Waycross Long/Short Opportunity strategy was launched in 2013. Similar to our flagship strategy, the investment objective is to generate superior, risk-adjusted returns over time while maintaining a low correlation to large cap equities. Our investment process leads us to seek out both long and short opportunities. The strategy targets a net exposure (longs minus shorts) range of 50% to 100%, with a maximum gross exposure (longs plus shorts) of 150%. The resulting portfolio is positioned to participate in equity market up-trends, but maintains downside protection.
Our flagship strategy, the Waycross Long/Short Equity strategy, was launched in 2005. The investment objective is to preserve client capital and generate superior, risk-adjusted returns over time. Our investment process leads us to seek out both long and short opportunities. The strategy maintains a low net exposure (longs minus shorts) range of 0% to 50%, with a maximum gross exposure (longs plus shorts) of 200%. The resulting portfolio has a low correlation to the large cap equity market.