The basic objective of our investment management is to exceed client objectives without incurring unnecessary risk in the process of achieving this goal. Our principles of investment are:

• To add value in the management of equities
• To manage portfolios within the long-term risk/reward profile of each client

We believe superior equity investments are, over time, the largest potential source of "added value" to a fund. Our equity management focuses on security selection to add most of the value. Companies with stable earnings growth, strong management teams and sound balance sheets are emphasized.

McLean Budden's investment is rooted in a team approach, with strong fundamentals research and the employment of an active corporate interview program. One of our hallmarks is that our investment management approach has been consistently applied through various market cycles and across accounts.