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The SPARX Way

AN INTRODUCTION TO SPARX

What is the SPARX Way? It means individual stock selection through intensive company-specific research, including company visits, and a firm grasp of the local operating environment. We seek to determine a given target investment's intrinsic value through a consistent methodology which includes evaluating various factors such as market growth potential, management quality, earnings quality and balance sheet strength.
It is our firm belief that employing this may minimize our downside risks and may maximize long-term investment results. That's the SPARX difference.

INVESTMENT PHILOSOPHY

"To best understand the big macro story, integrate all of the little micro stories," says SPARX founder & CEO Shu Abe. In other words, the best aggregate analysis of macroeconomic trends is formed through intense research of individual companies. Our core competency at SPARX is based on this type of direct, or "hands-on," approach to research. That is the essence of the SPARX Way.  We attribute our many achievements and successes as an asset manager to our having remained faithful to this philosophy ever since the firm's founding back in 1989.

Our team of experienced analysts conduct more than 4,500 company meetings every year.  Each piece of information obtained through this on-site research process is carefully analyzed. The resulting stock selection of individual companies is then reflected in our investment strategies' portfolios. Our team approach of conducting company research with multiple analysts ensures a comprehensive and thorough analysis of each and every investment idea. 

In practice, SPARX Group's investment process is a skill-based approach identifying a catalyst to narrow the "value gap" that exists between what we have determined to be an undervalued target company's intrinsic value and its stock price (see charticle below). This knowledge comes from our years of experience in--and deep understanding of--the Asian markets that we cover.

THE SPARX WAY CHARTICLE




 

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The Asian Perspective

The information provided herein is for general informational purposes only and should not be construed as anything other than the views of SPARX Investment and Research, USA, Inc. and the SPARX Group. Every investor should assess the appropriateness of the content herein with due consideration of his or her own unique situation The contents of this website is in no way intended to provide personalized investment planning, legal or tax advice for any individual(s). While the information contained herein has been procured from what are considered to be trustworthy sources, the SPARX Group cannot guarantee the correctness, comprehensiveness or consistency of the data or investment trends cited.

The information cited herein may showcase any number of views and opinions on macro-economies, securities markets or certain companies and industries based on varying methods of analysis and research. Therefore, specific views and opinions may vary depending on the method of analysis and research. Further, the SPARX Group and/or its affiliated companies may express or publish views and opinions that vary from the views and opinions contained in the material on this website. It is important to note the SPARX Group may invest in ways contrary to the views and opinions expressed on this website.

Asia Investment Intelligence is the property of SPARX Investment & Research, USA, Inc. This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security that may be referenced on or through this website. We accept no liability whatsoever for any direct or consequential loss arising from any use of this report or itscontents. Opinions and estimates offered constitute our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. We believe the information provided here, including statistics, data and estimates from outside sources, is reliable, but such information has not been verified by SPARX Group employees or representatives and therefore, we do not warrant itsaccuracy or completeness. References to specific securities and their issuers are for illustrative purpose only and are not intended to be, and should not be interpreted as investment advice or, a recommendation, offer or solicitation for the purpose or sale of any financial investment. No part of this material may, without the SPARX Group’s prior written consent, be copied, reproduced or published by any recipient for any purpose.