Information on the Markets

Quarterly Market Commentary

Insights on trends in the market over the last quarter.

Historical Commentaries

Spotlight on Competitive Advantage

Monthly publication that highlights one company that satisfies HCM's qualitative criteria for determining competitive advantage.

Historical Spotlights

Information on HCM's Portfolios

Advantage Value Equity

The 45 securities in our Advantage Equity model are purchased in equal proportion, with each stock representing approximately 2.2% of total portfolio value, subject to the following limitation: No industry may represent more than 10% of the total portfolio at the time of purchase.

Advantage Fact Sheet

Overview of the portfolio characteristics and performance.

Advantage Presentation

A description of our investment process.

Advantage Portfolio Review

Overview of the best and worst performers and HCM's view of each company's competitive position.

Historical Portfolio Reviews

Focused Advantage Value Equity

The 20 securities in our Focused Advantage Equity model are purchased in equal proportion, with each stock representing approximately 5.0% of total portfolio value, subject to the following limitation: No industry may represent more than 25% of the total portfolio at the time of purchase.

Focused Advantage Fact Sheet

Overview of the portfolio characteristics and performance.

Focused Advantage Presentation

A description of our investment process.

Focused Advantage Portfolio Review

Overview of the best and worst performers and HCM's view of each company's competitive position.

Historical Portfolio Reviews