Poplar Forest Capital is now offering two additional funds alongside it flagship Poplar Forest Partners Fund – the Poplar Forest Outliers Fund (PFOFX, IPFOX) and the Poplar Forest Cornerstone Fund (PFCFX, IPFCX).
”We are delighted to be adding two new funds to the Poplar Forest family,” says Dale Harvey, founder and CIO of Poplar Forest Capital. “Adding Steve Burlingame as the portfolio manager on the Outliers Fund and Derek Derman as co-manager with me on the Cornerstone Fund broadens our capabilities as a firm and widens our offerings to investors.”
The Outliers Fund seeks to deliver superior, risk-adjusted returns over full market cycles, by investing primarily in the common stocks of under-appreciated companies and industries. The Fund emphasises investments in medium-sized companies (“mid-caps”) that may offer shareholders greater growth prospects than larger businesses without the heightened operational risks of small companies.
The Cornerstone Fund also seeks to deliver superior, risk-adjusted returns over full market cycles, but by building a balanced portfolio of debt and equity securities that aims to generate “real returns” while preserving capital.
Poplar Forest constructs its portfolios utilising an unconstrained benchmark agnostic investment process with 25-35 high conviction securities and with an investment horizon of 3-4 years.
