Investor Summary

Christopher Cuesta serves as Chief Investment Officer for the THB investment franchise and is in his 20th year with THB, providing significant continuity and institutional knowledge. THB emphasizes diversity within its eight-person investment team, with five members having minority backgrounds, six born and raised outside the U.S., and four being female. The management team averages over two decades of investment experience, indicating a mature and seasoned approach to portfolio management. More than 40% of THB's client assets have been with the firm for 10+ years, reflecting strong client relationships and track record. The firm was founded in 1982 and was acquired by Victory Capital in 2021 while maintaining investment autonomy.

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Fund Strategy

THB Asset Management leverages over 40 years of experience managing small- and mid-cap separately managed accounts using an active, disciplined bottom-up investment approach. The firm's investment philosophy focuses on long-term capital appreciation over full market cycles, typically 3-5 years. THB's core investment approach emphasizes companies with strong management teams, low financial risk, and demonstrated long-term success through self-funded growth. The firm targets high-quality U.S. small- and mid-cap companies aligned with secular growth trends such as digitalization, AI, and medical technologies. THB employs three proprietary tools fully integrated across all investment phases: Quality Assessment, Risk Grade, and ESG Rating for fundamental analysis, security analysis, portfolio construction, and downside protection.

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FUND PERFORMANCE AS OF 30th September 2024

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
11.8% 10.3% 10.1%