
The cornerstone of WestEnd Advisors’ investment philosophy is that Sector and
Industry performance is highly correlated with particular stages of the business cycle.
WestEnd Advisors overweights Sectors we believe will experience
economic tailwinds,
and avoids Sectors we perceive to be untimely. We target
high quality, market
leading companies within favored Sectors.
The result is a
core investment style that shifts portfolio Sector and style emphasis
to remain properly oriented and timely over a full economic and market cycle.