Getting To Know Us? These Central Concepts Will Introduce You To Our Distinctive Approach.

We Are Contrarians.

We believe that the very best investment opportunities often go overlooked by the majority of investors. Market participants tend to move as a herd, but we look purposefully in a different direction—for great ideas that have yet to be recognized. This unconventional approach can feel uncomfortable at times, but clients choose us because they believe—as we do—that such investments may hold a lower loss potential and greater promise for market-beating returns.

Rigorous Business Evaluation Drives Our Decisions.

Regardless of public perceptions, we keep our eyes fixed on the fundamental value of each potential investment. Our process is disciplined and time-tested. We think like business owners, carefully evaluating margin structure, growth potential, capital requirements and other key indicators.

The Price Paid For An Investment Has A Big Influence On Its Return.

We believe that buying under-valued companies offers potential for outperformance. We care more about price than how a company is perceived. If our detailed analysis indicates that a major discrepancy exists between price and our assessment of fair value, we are comfortable investing in unpopular or misunderstood companies.

Patience Is Key.

It may take time for public opinion to migrate in our direction, but we strive to make the rewards worth the wait. We make investments with a multi-year investment horizon, and our portfolio turnover rate is consistent with our long-term orientation. In an environment in which many market participants focus on daily or quarterly returns, we believe our patience differentiates us from the pack.

Small, Focused Portfolios Allow Us To Focus On Our Very Best Ideas.

Each Poplar Forest portfolio is generally comprised of 25 to 35 companies that have been carefully selected by our investment team. Because we know these companies well, we possess great confidence in the long-term potential of our portfolios. Our deliberative process and our contrarian philosophy translate into true “active management.”

We Strive To Separate Emotion From Decision-Making.

Cycles of fear and greed appear throughout the history of investing. Our mindset helps us remain firmly focused on the thoughtful evaluation of companies for the long-term—no matter what the markets may be doing in the short-term. As a result, we think differently about both bear and bull phases. We believe that one of our most important responsibilities is to help you remain calm during periods of over-confidence or investor anxiety.

At Times We Will Be Out of Sync With The Market.

Over our long-term partnership, there may be times when you question why we’ve invested in a particular company. Companies that are out of favor can stay that way for extended periods. We will get some investments right and some wrong. The goal is to build a portfolio that in aggregate produces superior, long-term investment results.

Active Share percentage: measures the difference between the asset composition of a fund and its benchmark. A larger difference between composition of the fund and benchmark results in a larger active share percentage. To determine the portfolio's active share, add the absolute differences between the portfolio weights and the benchmark weights and divide by two. Active share is not a predictor of future performance.

 

Mutual fund investing involves risk. Principal loss is possible. Investments in the Poplar Forest Funds include risks associated with debt securities, foreign and emerging market securities, fixed income securities, small and medium companies, options, Mortgage-Backed and Asset-backed Securities and Investment Companies. See the prospectus for additional information about the risks of investing in the Funds.

Before you invest in the Poplar Forest Funds, please refer to the prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-877-522-8860. The prospectus should be read carefully before you invest or send money.

The Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

References to other mutual funds should not be interpreted as an offer of these securities.

Poplar Forest Capital, LLC, is the adviser to the Poplar Forest Funds, which are distributed by Quasar Distributors, LLC.

70 South Lake Avenue, Suite 930
Pasadena, California 91101
626.304.6000