MONDRIAN

Investment Capabilities

Mondrian is an active defensive manager. All of our investment products utilize income-oriented value disciplines that have been successfully applied since our founding in 1990.

ESG Integration

Mondrian believes that the inclusion of ESG factors is essential in understanding risk-adjusted returns for both dedicated ESG and standard strategies. Mondrian’s long-term, fundamental research process has always demanded that analysts strive to consider all material risks that could influence a security’s valuation, including those factors rooted in environmental, social and governance concerns. For more information, please see ESG at Mondrian.

Equity Philosophy

In the management of equity assets, we invest in securities where rigorous dividend discount analysis identifies value in terms of the long-term flow of income. Dividend yield and future real growth play a central role in our decision making process and over time the dividend component is expected to be a meaningful portion of the expected total return. Our methodology is applied consistently to individual securities across all markets and industries. Mondrian’s investment approach seeks to generate three specific investment benefits.

Fixed Income Philosophy

We have a disciplined fixed income investment philosophy which has been applied since we were founded in 1990. We invest in global bond markets that best compensate for inflation and sovereign credit risks, measured by a market’s Prospective Real Yield (PRY). We define PRY as the 10-year government bond yield minus Mondrian’s inflation forecast minus Mondrian’s sovereign credit adjustment. Our approach to currency is based on Purchasing Power Parity (PPP) supplemented by our sovereign credit analysis.

Investment Vehicles

Benchmark: MSCI EAFE Index

Year of inception: 1991


Separate Account


Commingled Vehicle


US Mutual Funds

Benchmark: MSCI EAFE Index

Year of inception: 2016


Separate Account


Commingled Vehicle

Benchmark: MSCI EAFE Index

Year of inception: 2000


Separate Account


Commingled Vehicle

Benchmark: MSCI EAFE Index

Year of inception: 2009


Separate Account


Managed Accounts

Benchmark: MSCI AC World ex-US Index

Year of inception: 1998


Separate Account


Commingled Vehicle

Benchmark: MSCI AC World ex-US Index

Year of inception: 2006


Separate Account


Commingled Vehicle