Portfolio Capital Management’s (PCM) All-Cap Growth Portfolio seeks primarily capital appreciation and, secondarily, increasing dividend income by investing in common stocks that trade on US exchanges.

The PCM All-Cap Growth Equity Portfolio tries to strike a balance between strong earnings and good value. Accordingly, the stocks in this portfolio typically take one of two broad forms: (a) stocks of companies that appear to have favorable, yet undervalued, prospects for earnings growth and price appreciation; and (b) stocks of companies that are only temporarily out-of-favor and have some potential catalyst for growth. We seek to identify stocks with attractive risk/reward characteristics, which might result in some investments that are outside of the two broad forms noted above. We may also temporarily invest in exchange traded funds (ETF’s) during periods of repositioning the portfolio or to seek to preserve capital during periods of market volatility. While mindful of tax implications, we do not manage this portfolio for tax efficiency.

It’s only natural to have questions concerning the management of your money. At PCM, we are readily accessible to answer any question you might have about your portfolio. Throughout the year, we maintain a high level of communication with your advisor or administrator, including personal visits and telephone calls. During client meetings, we review portfolio performance, discuss the economic and investment outlook, and plan tax strategies. In addition, we take the opportunities to define or re-examine your objectives. After all, these can change as some goals are met and others come into focus.