Description:
Cutler is a long-only fund focusing mostly on dividend-paying investments such as convertibles, REITS, and preferreds.
3 year return: 78%
Cutler Capital.
"Our past success can be attributed to our expertise in buying securities that generate consistent income. The cash flow from these securities can be reinvested and, when combined with Cutler Capital's value orientation, generally reduces overall portfolio risk."
Cutler's Five Investment Principles:
• Safety: We seek to preserve wealth.
• Income: Attractive yields add to upside potential and provide a cushion against market volatility.
• Growth: When the stock market rises, our clients share in the growth.
• Diversification: Convertible securities offer diversity by company, industry and market capitalization. Investing in securities with different investment grades adds to diversification. Since their performance does not directly correlate with either stocks or bonds, convertibles also can be used to add another asset class to your asset allocation mix.
• Long-Term Investment: We encourage investors to re-invest income for long-term growth and a higher total return.
Article by Cutler PM David Grenier:
Hedging against uncertainty through growth and income.