A Disciplined Approach

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Covenant Capital Management

VISIT CAPSTONE ASSET MANAGEMENT

Capstone Asset Management manages your assets with you and your beneficiaries’ best interests in mind. Our investment philosophy consists of:

A Disciplined Approach

A disciplined process is imperative to successfully accomplish your investment objectives while providing excellent risk adjusted returns. We recognize that:

  • The price paid for an asset and its starting yield is very important to long term performance.
  • A fear of trailing Short Term performance can force decisions that cost return in the long run.
  • We must be realistic about returns to avoid stretching risk.
  • The fees and costs within a portfolio are critical to understand and minimize as they can seriously erode long term performance.

5 Key Investment Principles

When determining an investment strategy, we consider the following:

  • Risk Adjusted Return: All investments in a portfolio are carefully evaluated and selected for their potential to maximize return for the level of risk taken.
  • Diversification: The management of risk is best accomplished through diversification. Even with the best skill and experience, it is not possible to know with certainty what will happen next. Consideration must be given to asset class, sector and geography.
  • Long Term Perspective: We do not see a long term view as an excuse for pool short term performance. However, as with most aspects of life, patient investing is generally rewarded.
  • Value Based Approach: “Value” investments are securities whose acquisition prices are less than their intrinsic value. They can be considered “on sale” and are typically less susceptible to speculative risk.
  • Top Down and Bottom Up Methods:Our research begins with a “top-down” look at global and regional conditions. Then a “bottom-up” process is used to select securities that meet the value criteria.

A Biblical Worldview

We believe the Bible has investing principles that are applicable to everyone. In fact, our understanding of a biblical philosophy towards our finances is far more encompassing than simple stock screening, or traditional “ethical investing”. Some principles we apply regularly to our advice and research include (but are certainly not limited to):

  • God owns everything
  • Preserve capital and minimizing speculation
  • You cannot presume upon the future
  • Minimize debt
  • Live and give generously

Visit Capstone Asset Management's website for more information.

Family. Wealth. Harmony.®

Covenant Family Wealth Advisors' certified financial advisors and business succession planning experts help guide families through the technical and emotional aspects of managing wealth, estate planning and business succession. Our experienced financial management team uses a Christian perspective that is rarely found in traditional financial planning, and we work closely with you to develop a personal Holistic Stewardship Plan that encompasses financial planning, estate planning, family business transition and philanthropy.

Biblical Perspective