Performance
(as of 12/31/2022)
| As of 12/31/2022 | QTD | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | Fact Sheet | Commentary | |
|---|---|---|---|---|---|---|---|---|---|---|
| Riverbridge Eco Leaders® | Gross | 2.91% | -29.37% | -29.37% | 4.50% | 9.78% | 12.14% | 7.84% |  | |
| Net | 2.73% | -29.90% | -29.90% | 3.80% | 9.06% | 11.33% | 6.75% | |||
| Russell 3000® Growth | 2.31% | -28.97% | -28.97% | 7.32% | 10.45% | 13.75% | 5.76% | |||
| S&P 500® | 7.56% | -18.11% | -18.11% | 7.66% | 9.42% | 12.56% | 6.52% |
Periods greater than one year are annualized. Inception Date: 05/31/2000. The above information is supplemental to the GIPS® Report. Please refer to the GIPS Report and Riverbridge Disclosures.
Overview
Our Eco Leaders strategy was established in 2000. This portfolio is invested in transformational companies that are positioned for superior capital appreciation while also compounding their social impact. They are positioned for long-term growth while also excelling at resource efficiency and sustainable practices. They are leading in their industries in prioritizing Environment, Social, and Governance factors. The portfolio is managed by the Riverbridge Investment Team utilizing our time-tested investment philosophy and disciplines.
Investment Philosophy
Riverbridge believes earnings power determines the value of a business, therefore we invest in high quality growth companies that possess the ability to build their earnings power at above-average rates for long periods of time. We define earnings power as companies achieving high returns on invested capital while possessing an enduring strategic advantage in their marketplace. We build portfolios by identifying and buying well-managed companies we believe can maintain consistent unit growth and strong free cash flow, allowing them to finance their growth using internally generated sources of capital.
Sector Weightings
Portfolio Facts
(as of 12/31/2022)
| Inception Year | 2000 |
| Number of Holdings | 43 |
| Wgt. Avg. Market Cap | $232.5 billion |
| 5-Year Turnover | 11.60% |
| Investment Vehicles | Separate Account, Mutual Fund |
Top 10 Holdings
(as of 12/31/2022)
| Microsoft Corporation | 6.33% |
| CoStar Group, Inc. | 4.66% |
| HEICO Corporation | 4.26% |
| UnitedHealth Group Incorporated | 3.62% |
| Danaher Corporation | 3.61% |
| Globant SA | 3.44% |
| Ritchie Bros. Auctioneers Incorporated | 3.32% |
| Analog Devices, Inc. | 3.12% |
| Paycom Software, Inc. | 3.12% |
| Five Below, Inc. | 3.11% |
| TOTAL | 38.60% |
Questions?
Eco Leaders is a registered trademark of Riverbridge Partners, LLC