At W.P. Stewart, we pride ourselves on creating a strong, yet challenging culture in which our investment professionals can thrive and identify attractive long-term investment opportunities.

Our competitive strengths:

• Although 'long only' investors, we aim for absolute returns, preserving the capital entrusted to us by our clients in down markets.
• We have one investment approach that we use consistently across our globally managed portfolios
• We intensively research only a limited number of companies, with each analyst covering a handful of companies
• We have a global research platform that can keep up with our companies as they invest abroad
• We are risk averse, investing only in high-quality companies with predictable earnings streams. We invest in concentrated portfolios, building total conviction in each of our holdings.
• We apply a very disciplined valuation methodology that guides us when buying or selling a company.

Our experienced investment team, with over twenty years of average experience and many of those years within W.P. Stewart, draws upon its considerable embedded knowledge base and compliments this with our global, focused research resource. Our 33-year US portfolio track record evidences our strong investment management capabilities.

Importantly, the interests of our firm and our clients are aligned through equity ownership, as the majority of our employees are shareholders of the firm.

The successful combination of these elements has contributed to a 18.6% compound annual return before fees (17.4% after fees) for our U.S. Equity Composite from January 1, 1975 to March 31, 2008.