Stephen Yarbrough

Trusco Capital Management employs thorough analysis of the client, stakeholders, political environment, regulations, assets, liabilities and obligations, risk tolerance, both short-term and long-term objectives and goals, as well any other matters that may impact the institution or the asset pool. Their strategies include: (1) efficient frontier modeling which derives long-term investment solution using expected returns, standard deviations and cross-correlation matrix analysis (2) tactical overlay which evaluates asset class performance looking for extremes and absolute and relative performance and portfolio maintenance strategy which maintains the optimal allocation through systematic and unemotional rebalancing. The firm tends to invest in the stocks of US large-cap companies in the consumer non-durables, health technology and technology services sectors. Trusco Capital Management maintains a medium turnover rate.

VCA selects and employs subadvisors to implement investment management programs for each client account, consistent with stated objectives.