Our investment approach at Marsico Funds emphasizes the selection of what we believe are stocks of high-quality companies with compelling potential for long-term capital appreciation. A fundamental aspect of our research process is that we do the work ourselves, meaning that we internally formulate an investment hypothesis and then rigorously test that hypothesis through multipronged, hands-on analysis.
At Marsico, our investment ideas most often come from our own independent, creative and intuitive thought process. We do not rely upon formulas, computer-based screening techniques or traditional Wall Street research. We define growth flexibly to include major changes in company direction as well as indicators such as a company's market share and the size of the underlying markets it serves. We search for growth globally by evaluating companies in industries around the world to uncover attractive investment opportunities, as well as to understand the competitive landscape on a world-wide basis.
Marsico investment team members' backgrounds are highly diverse. Their professional experiences range well beyond the financial industry. They have unique interests and different perspectives. At the same time, the team shares several core characteristics - competitiveness, curiosity, a passion for the stock market, a tremendous work ethic and a deep sense of responsibility to our shareholders.
We believe that Marsico's approach is time-tested and durable. It reflects the depth of our experience with a variety of market conditions - some good, some more challenging. It also reflects our other core principles, such as identifying positive change through intensive primary research, constantly seeking new information and working hard to be earlier than others in understanding what is occurring and why it is important. That breadth and depth of our analysis, we believe, are intrinsically important in sustaining a value-added strategy - a strategy that can help you realize your most important long-term goals.
