The Clarkston Funds are a family of mutual funds managed by Clarkston Capital Partners, LLC. Each Clarkston Fund is “non-diversified,” which means that it may invest a significant portion of its assets in a relatively small number of companies.
Clarkston Capital® applies its “Quality Value” investment philosophy in selecting investments for the Clarkston Funds. That philosophy is grounded in the belief that the best way to achieve long-term portfolio performance is to buy high-quality companies that are undervalued relative to their expected long-term free cash flows. Clarkston Capital® defines high-quality companies as those that meet certain financial, business and management criteria, which may vary over time. These criteria include favorable profitability metrics, sustainable competitive advantages and capable management teams.