Stock Selection & Portfolio Construction
Quality companies & diversified portfolio supported by Pella's Segmentation Strategy
Stock Criteria
Attributes Pella seeks from the companies it invests in
Cash Generative
Target companies that are highly cash generative
Fortress Balance Sheet
Solid balance sheets with minimal debt
Consistently Growing
Focus on companies that sustainably and consistently grow
Superior Management
Proven long-term thinkers and consider all stakeholders
Attractive Valuation
Determined by measuring cash generation to price
Sustainable Practices
Superior ESG characteristics and do not cause unnecessary harm
Portfolio Exposures
Exposures across geographies, industries and company sizes
Multiple Geographies
Investing in both developed and emerging markets
Diverse Industries
Solid business models across several industries
Various Sizes
Invests in relatively smaller companies to behemoths
Segmentation Strategy
Captures the maximum growth in a prudent, risk-aware manner
Cyclical
Solid businesses in cyclical industries poised for an upturn
Core
Market leaders generating consistent & growing cash flow
Innovation
Fast growing & often distruptive businesses
MULTIPLE OPPORTUNITIES
SEGMENTATION STRATEGY