Our strategies use cash-flow-based measures of value and quality that are designed to avoid accounting distortions that we believe have rendered many traditional metrics less relevant in an increasingly asset-light world.
The information contained on this website is for informational purposes only and should not in any way be considered investment advice or a recommendation of any security or investment product. Information contained herein has been obtained from sources believed to be reliable but cannot be guaranteed. The information contained on this website is believed to be accurate as of the date published. Actual performance information may be referenced on this website, and represents past performance and is not indicative of future returns. Hypothetical performance data of the firm’s strategies (or components of), where noted, carry with them significant limitations and do not represent the investment returns of actual client accounts, nor some of the costs of implementing an actual investment strategy, such as transaction costs. Hypothetical performance is just that, and there is no guarantee future performance will match these models. To the extent this website contains information about specific companies or securities including whether they are profitable or not, they are being provided as a means of illustrating our investment process. Distillate’s clients may or may not have owned these securities at the time this material was published or read. References to specific companies or securities that appear attractive on Distillate’s methodologies are not a complete list of securities selected for clients.