Our process

We aim to achieve long-term capital growth by investing in a diversified portfolio of companies whose shares are trading at a discount to what we perceive to be their estimated net asset value.

Investment philosophy

AVI strives to identify valuation anomalies and focuses on investing when the market price does not reflect the estimated intrinsic value by:

  • Investing in companies and funds trading on a discount to their net asset value
  • Identifying good quality underlying assets with appreciation potential at compelling values
  • Focusing on balance sheet strength
  • Looking for catalysts to narrow discounts
  • Focusing on bottom-up stock picking

Our approach to value investing

  • We aim to buy companies trading at a discount to NAV
  • We are benchmark agnostic
  • We look for catalysts to narrow the discount