| October 2012 |
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| Growth for the Long Run |
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Macroeconomic uncertainty and high market volatility are challenging investors with future savings and spending needs. Many have lost sight of proper portfolio diversification and dismissed equities - historically the best source of capital growth. We believe cautious investors could benefit by taking a prudent approach to equity investing though an allocation to durable, long-duration growth companies with the potential to perform well in various economic conditions.
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