IEOF investment philosophy revolves around two key aspects: capital preservation and generation of positive, absolute returns. The fund's endeavor at all times is to preserve and, then, grow your portfolio. The fund's goal is not necessarily to outperform a rapidly rising market, but certainly aim to avoid the troughs in a falling market such that for both the rising and falling periods combined, the fund outperforms the market with superior positive returns.

The fund seeks to achieve this by constructing a well-defined, focused portfolio of no more than 20, but usually 15 stocks representing quality businesses enjoying sustainable competitive advantage. While doing so, the fund will adhere to the discipline of buying and selling at well-defined price points, based on the underlying fair value computation.

Our investment philosophy is characterized by a focused and disciplined approach to long-term investing into undervalued businesses, run by people of integrity, vision and competence. Therefore, the three most important attributes that we seek in any investment are: 'Quality Business', 'Quality Management' and 'Valuation'.