The JCClark Preservation Trust seeks absolute return on capital through a classic long/short hedged style.
The fund invests primarily in North American equities and stresses hands-on fundamental research.
The manager seeks to execute a focused investment strategy by keeping the number of positions relatively low and over-weighting the very best investment ideas. Security selection is the primary focus as the manager attempts to buy high quality companies trading at significant discounts to their intrinsic values and short businesses with weak fundamentals, poor management and aggressive accounting. The manager performs significant internal due diligence on all investment ideas.
The Preservation Trust maintains a variable bias with a net exposure that is generally less than 40%. The fund invests in a wide variety of equities and sectors to manage risk.