Derek Izuel serves as the sole portfolio manager since October 30, 2025, bringing over 24 years of portfolio management experience to the role. He holds the position of Chief Investment Officer at Shelton Capital Management since January 2022, with an MBA from University of Michigan's Stephen M. Ross School of Business (1997) and a B.A. in Computer Science from UC Berkeley (1991). His previous experience includes Managing Partner at Vitruvian Capital Management (2018-2022), Chief Equity Officer and Director of Quantitative Strategies at HighMark Capital Management (2008-2018), and Senior Portfolio Manager at Invesco Aim (1998-2008). The fund previously operated under co-management with Justin Sheetz until the recent transition, and historically was managed by Andrew Manton who brought over 20 years of industry experience with more than 10 years investing specifically in international markets.

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The fund employs the proprietary 'Inside, Outside, Upside' investment philosophy, which combines rigorous analysis of economic returns and company reinvestment rates to forecast future cash flows supporting stock prices. The strategy focuses on identifying companies that generate superior and consistent internal returns on capital, moving beyond traditional sector or geographic segregation approaches. The investment process follows a structured three-step approach: segmenting the market, conducting deeper fundamental research on individual companies, and applying risk management with portfolio optimization. The strategy integrates advanced data science and machine learning techniques while maintaining its core fundamental approach, designed to perform across all market environments with strongest returns during periods when the economic cycle is slowing.

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