Anniversary Celebration of Bastion Fiduciary
Bastion Fiduciary, a Registered Investment Advisor (RIA) renowned for long-term value investing, proudly commemorates the 12th anniversary of its premier actively managed international portfolios: the Bastion Value International Portfolio and the Bastion International Equity Income Portfolio.
The Importance of International Equities
Investing in international equities provides value investors with unique advantages. Firstly, these investments offer diversification, as different countries experience varied economic and political circumstances. Additionally, investors can access globally recognized firms headquartered outside of the United States.
Moreover, many international indices boast higher dividend yields than their American counterparts, making them attractive for those seeking income alongside growth.
Details on Model Portfolio Offerings
Bastion Value International Portfolio
The Bastion Value International Portfolio focuses on capital appreciation through investments in stocks that exhibit appealing forward valuations relative to their historical performance or industry standards. The selection process is meticulous, seeking catalysts for revaluation, top-quality management, and potential income through dividends.
Bastion International Equity Income Portfolio
This portfolio is designed for investors seeking a robust current yield. The portfolio's construction is grounded in a bottom-up approach, emphasizing stock selection based on sustainable high dividends, exemplary management, and favorable valuations.
Leadership and Expertise
The management of Bastion's international portfolios is entrusted to Lauretta Reeves, CFA, who acts as both portfolio manager and wealth management advisor. Lauretta emphasizes the importance of thorough research, stating, "For every stock we consider for these portfolios, I analyze publicly available information and create forecasts of income statements, cash flow, and balance sheets for the next five years. This allows us to identify undervalued stocks and informs our decision-making when it comes to selling overvalued ones. Personal visits to management teams either onsite or at conferences further enhance our investment strategies.”
The Case for International Diversification
As CEO Cale Smith remarks, "We are delighted to observe this important 12-year milestone, underscoring Lauretta's effective and rigorous method in international value investing. Her dedication to profound research forms the basis of our firm's philosophy." At Bastion, the ethos of "eating our own cooking" translates to active personal investment in the strategies managed by portfolio managers alongside their clients, fostering a collaborative environment.
In today’s fluctuating market, the rationale for international investment has never been more pertinent. The growing concentration within U.S. stock indices, such as the S&P 500, where a mere five companies constitute more than 27% of the index, emphasizes the imperative for diversification across various equities and currencies. Furthermore, as the U.S. dollar has depreciated by over 10% against the Euro recently, equity investments in international markets have become increasingly appealing.
Currently, international markets reveal compelling valuations, with notable indices trading at lower forward price-to-earnings ratios compared to U.S. indices. With distinct economic cycles and noteworthy valuations abroad, a focused international allocation is essential for achieving long-term growth and diversification.
About Lauretta Reeves
Lauretta "Retz" Ann Reeves stands out as the international equities portfolio manager and wealth advisor at Bastion Fiduciary. With a rich background that includes roles at IIM and Hansberger Global Investors, she brings extensive experience to her current position. Her credentials include being a CFA® Charter Holder and the recipient of various accolades, evidencing her commitment to ongoing professional development and client success.
About Bastion Fiduciary
Bastion Fiduciary operates as a fee-only, SEC-registered investment advisor founded by military veterans dedicated to process orientation, personal integrity, and transparent client relationships. The firm’s mission centers around long-term investment success, empowering clients through clear communication and comprehensive education to make well-informed financial choices. FORTIFY YOUR FUTURE.
Investment advisory services are provided through Bastion Fiduciary, an SEC-registered investment adviser. Registration does not imply the firm's endorsement by the Commission or indicate any specific skill level.
The content provided herein is for informational purposes only and should not be interpreted as investment advice. For more details regarding Bastion Fiduciary, including services and fees, please contact us directly or consult our Form ADV Part 2A Brochure and Form CRS available online.
Frequently Asked Questions
What is Bastion Fiduciary celebrating this year?
Bastion Fiduciary is celebrating the 12th anniversary of its actively managed international portfolios.
What are the names of the two international portfolios?
The two portfolios are the Bastion Value International Portfolio and the Bastion International Equity Income Portfolio.
Who manages the international portfolios at Bastion Fiduciary?
Lauretta Reeves, CFA, manages the international portfolios at Bastion Fiduciary.
Why are international equities important for investors?
International equities provide diversification, access to global companies, and often higher dividend yields than U.S. indices.
How does Bastion Fiduciary support its clients?
Bastion Fiduciary emphasizes clear communication and education to empower clients to make informed financial decisions for long-term success.
