The North American Reindustrialization Strategy (NARS) systematically invests in companies poised to benefit from North America's reindustrialization. These companies offer high returns on capital and trade at low valuation multiples.

Using fundamental judgment along with statistical analysis, we identify sub-industries that will benefit from growth in US Industrials capacity.

Within this universe, our quantitative process identifies the most attractive names using our multi-perspective approach comprising value, quality, and momentum.

Putting this together results in a highly compelling portfolio with strong top-down and bottom-up tailwinds.

Why Does this Opportunity Exist?

• Significant top-down shifts take time for investors to properly appreciate.

• Misunderstood: While the rest of the market focused on tech and consumer stocks, the industrials sector transformed from low-quality to high-quality

• High dispersion within the sector allows for alpha opportunities