A View from Research: Interest Rates

Interest Rates – While interest rates have risen, they remain low. We believe that our long-held aversion to enterprises with a lot of debt, as well as our more recent strategic avoidance of corporations that suffer with higher interest rates, has our portfolios well-positioned should rates continue to rise.*

* FactSet & Bloomberg financial data systems. Data as of 8/31/18.

Please see Fenimore disclosure.