Investment Philosophy

Minimizing risk is the cornerstone of our investment philosophy and is essential when managing credit products.

Four Corners manages its credit products with the goal of delivering consistent returns while preserving capital. This requires a disciplined investment process that focuses on risk minimization. The investment process is based on our goals of identifying quality investments, generating a high degree of diversity and liquidity, and consistently applying our sell-discipline process.

Quality fixed income investing requires independent, fundamental credit analysis. Four Corners conducts in-depth research on its proposed investments, which it combines with its extensive market experience to identify and to analyze attractive credit investment opportunities.

Diversification is key to successful fixed income investing. Four Corners constructs its portfolios and sizes its portfolio positions systematically to ensure broad diversification and to limit issuer and industry concentrations.

Sell discipline is an important component of the management of fixed income portfolios, given the credit risk inherent in the below-investment grade debt markets. While Four Corners believes that its initial credit analysis and investment process results in appropriate investment decisions, it also believes that sell discipline, not over-reliance on front-end analysis, is essential to producing superior returns. We endeavor to take swift and decisive action when negative events occur.

* The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities or investment services. Past performance is not intended to imply nor should it be considered to be a promise or guarantee of future performance. Funds managed by Four Corners may fail to achieve stated investment objectives. Investors should consult with their brokers or investment advisers prior to considering an investment in any Four Corners products.