Avitzur Asset Management is an
independent money management company, providing continuous management of
investment portfolios for individuals and small businesses.
We
believe that a stock represents a partial ownership in a business, and as
such our investment approach is to invest for the long run by purchasing
easy to understand businesses stocks, that are managed by trustful
management team, and are selling at a discount to their business value as
estimated by Avitzur Asset Management.
We will sell securities that
their market price have reached their assessed business value.
The
value of the business is being estimated using both quantitative factors
such as discounted future cash flows, book value, business balance sheet,
Price/Earnings ratio and qualitative factors such as industry leadership.
competitveness, brand strength, ability to produce recurring revenues and
products or services price power.
In evaluating and and obtaining
information about the companies, we use the following sources of
information: 1. Financial newspapers, magazines, web sites such as
Fortune, forbes, Smart Money, Barrons, Wall Street Journal and value line
investment survey. 2. Annual reports, prospectuses and filing with the
SEC (such as 10K, 10Q). 3. Company press
releases.
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Avitzur Asset Management
charges a flat fee which is based on a percentage of assets under
management.
Avitzur Asset Management charges a tiered fee based on the following: $100,000-$249,999 (1.00%), Charged on a quarterly basis, 0.25% per quarter Above $250,000 (0.80%), Charged on a quarterly basis, 0.2% per quarter
Avitzur Asset Management fees and minimums are negotiable. Avitzur Asset Management Fees may be discounted or waived at the discretion of Avitzur Asset Management.
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