Delta Capital Management

In 1998, upon leaving a large, multinational investment bank, Mr. Coughlin, Cavlov, and Hemberger leveraged their investment experience and started Delta Capital Management. All three partners came from the same value investment philosophy background. Each offered a unique approach and specialty, while still adhering to the value-outperforms-growth strategy. Today, nearly 20 years later, Delta Capital still invests according to its core values. Our performance track record proves that the conservative approach to investing is the most sound for investors. Investing Details Low P/E DCM's approach to managing equity portfolios is centered around the low price-to-earnings, value discipline for stock selection. Our process is based upon empirical evidence that over long time periods, stocks trading at low price-to-earnings ratios tend to outperform their high price-to-earnings counterparts. Capital Preservation Down market protection using a long-only portfolio is done with our low P/E approach. Not only have low P/E stocks provided investors with superior returns over time, but they have also protected investors' capital in down markets. We believe preservation of capital is paramount to the long-term interest of our clients. Management Team Continuity Our management team has individuals with an average investment management experience of over 28 years. The team as a group has been together for an unprecedented 22 years. This shows a consistency that is reflected in the performance returns and consistency in client relationships that far exceeds the industry average of 7 years.