Blue Point seeks equity oriented growth at a reasonable price with a global perspective. “Growth At a Reasonable Price” (GARP) is a blend of active growth and value investing. For example, the Price to Earnings ratio (P/E) is a traditional valuation measure used for valuing equity securities. As a rule, value investors focus on the price of the security, the numerator of the P/E ratio, while growth investors focus on earnings offered by the security, the denominator of the P/E ratio. GARP represents a blended approach which combines the tenets of growth investing and value investing to identify individual securities.
The GARP investment strategy looks for companies showing earnings growth above broad market levels, while avoiding companies whose valuations are not supported by expected growth levels. The goal behind a market-oriented GARP strategy is to avoid the extremes of either growth or value investing. The “Global” aspect of the Blue Point Global GARP Strategies pertains to investments in international companies.
Under normal circumstances, Blue Point invests at least 60% of its net assets in domestic U.S. securities. This global approach offers the opportunity to participate in the most promising investment opportunities. In times of market crisis, adjustments to portfolio holdings will be made that best serve the preservation of capital while seizing investment opportunities. Blue Point actively seeks to minimize downside risk while seeking sustainable growth.