(as of 12/31/2022)
The Growth and Income Portfolio was established in 2002. This is a diversified growth stock portfolio invested in 30-45 companies of all market capitalization sizes that are growing their dividends. Due to our long-term investment approach, turnover for the portfolio is low – averaging less than 20% annually.
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.
(as of 12/31/2022)
Inception Year | 2002 |
Number of Holdings | 31 |
Wgt. Avg. Market Cap | $287.5 billion |
5-Year Turnover | 5.00% |
Investment Vehicles | Separate Account |
(as of 12/31/2022)
Microsoft Corporation | 9.19% |
UnitedHealth Group Incorporated | 7.64% |
Linde plc | 5.25% |
Fastenal Company | 5.07% |
Analog Devices, Inc. | 4.81% |
Ritchie Bros. Auctioneers Incorporated | 4.69% |
Equifax Inc. | 3.84% |
TJX Companies Inc | 3.80% |
PepsiCo, Inc. | 3.58% |
Dollar General Corporation | 3.57% |
TOTAL | 51.44% |