Dedication to Results
As analysts, we identify companies with prospects for growth that are not fully recognized by others. Our buy and sell decisions are based on sound internal research and investment fundamentals, not on the recommendations of third party analysts. We seek out small and medium sized companies that might fall below the radar screen of larger institutions. Our portfolios consist of individual securities based on our proprietary research.

The Tools we Use
At Coe Capital, senior members of the firm oversee the rigorous analysis provided by our team of investment professionals. We use a broad array of computer databases, proprietary models, trade publications and industry contacts to identify and analyze opportunities. When our research targets investment in foreign markets, we seek out American Depository Receipts or U.S. based multinationals that offer superior financial disclosure and access to company management.

The Process we Follow
We take a "bottom-up" approach to stock selection whereby each company is evaluated on its own merit. Our analysis is based on extensive due diligence that includes ongoing direct contact with company management, competitors, suppliers, customers and industry analysts. Careful reviews of income statements, balance sheets, cash flow and accounting policies round out the process.

We identify well-managed companies that we expect will grow earnings and cash flow faster than the market and that trade at a justifiable price. We aim to stay "ahead of the curve" in our research of these companies by anticipating events and capitalizing on pricing inefficiencies. When we have confidence in both the short and long-term prospects of a company, we assess the risk and return potential to determine its overall attractiveness.

The Criteria we Seek
Our research effort seeks out companies exhibiting some of the following specific characteristics:

Industry Leadership Growth Industry or Segment
Accelerating Sales Expanding Margins
Sufficient Internal Cash Flow Strong Internal Growth
Conservative Accounting Practices Provable Franchise, Niche or Proprietary Product
Sensible Capital Structure Controllable Destiny
Clear Cut Business Model Credible and Conservative Management
Reasonable Valuation Earnings Growth Exceeding Expectations

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