U.S. Equities

Investment Objective: To invest in stocks traded in a United States market and/or any American Depository Receipt that the firm has identified as having the potential for increasing in value.
Product Inception: August 1986
Approach: Combines a top-down approach with bottom-up fundamental research, focusing on Sectors, Industries, and Stocks
Benchmark: S&P 500 Index
Target Range of Holdings: 25-35
Portfolio Managers: David Marvin, Stephen Marvin
Portfolio Analyst: Doug Sanna
Management Fees: 1.00% annually of assets under management
Preferred Minimum Account Size: $100,000

NOTE: Some accounts’ investment guidelines modify some or all of the elements of the investment strategy described above and may impose additional restrictions. Marvin & Palmer Associates may accept management of accounts that are smaller than the minimum stated above. Elements of the investment strategy described above may change over time. Please refer to the firm’s Brochure, for use in place of Part 2 of the United States Form ADV, for information on fees and minimum account sizes.