This week we’d like to introduce three new managers with models on Covestor.
Let’s start with Kevin Stewart who is a CFA as well as a Harvard Business School and Wharton School graduate with 25 years of experience in the investment industry. His Covestor model, Top Internationals, is an opportunistic long-term model investing in international companies that prove to be top performers in leading industries. The model has a risk score of 2 with a $50,000 subscription minimum. His top holding is NYSE: LFL.
Another relatively new addition is James Hofmann with his Dividend Growth model. Hofmann is a graduate of William Paterson University and serves as the Chairman of the school’s student-managed portfolio. In his Covestor model, Hofmann invests in companies that have a stable dividend as well as an above average yield. He is a value investor and the model is long-term. The model retains 5 to 10 percent of its assets in cash in order to take advantage of market trends and inefficiencies. Dividend Growth has a risk score of 2 and a $5,000 subscription minimum. His top holding is NYSE: NYB.
Lastly, let’s take a brief look at Joseph Mjelde, a graduate of Washington State University who has spent the last 22 years in active military duty. Mjelde’s model, High Growth is a diversified model that is comprised of stocks that have a consistent record of revenue and cash flow as well as earnings growth of 20% or higher. Mjelde also evaluates industry trends to pick new positions for the model and factors in any innovative products and competent management record. This long-term model has a risk score of 2 and a $5,000 subscription minimum. His top holding is Nasdaq: FSYS.
