Poplar Forest Partners Fund

Established on December 31, 2009 our flagship fund is a U.S. focused, contrarian value fund designed to complement a core portfolio holding for long-term investors. The Fund seeks long-term growth of capital by investing primarily in equity securities of under-appreciated large and medium-sized companies and industries. Poplar Forest Partners is a concentrated portfolio of 25 to 35 stocks built without regard to the market cap or the sector weightings of the S&P 500®.

Poplar Forest Cornerstone Fund

Established on December 31, 2014 the Poplar Forest Cornerstone Fund is a balanced fund of U.S. focused equity and debt securities. The Fund may be suitable for long-term investors who seek a combination of both capital growth and preservation with less volatility than would generally be inherent in an all equity account.

Active Share

How can investors know whether a portfolio is active or passive? One metric is called “Active Share.” Active Share measures the degree to which a fund’s portfolio differs from the holdings of its benchmark. The higher the active share number, the more active and independent a portfolio is from its benchmark. An Active Share score of 100, for example, indicates that a fund has perfect independence from its benchmark; an Active Share score of zero indicates that the fund is more like a passive index fund. Active Share is not a predictor of future performance.

ACTIVE SHARE SCORES AS OF September 30, 2024