The Higher Ground Core Wealth Fund has, for 10 years, fulfilled the wealth management needs of its founder and a small group of outside investors. The more developed markets of Central and Eastern Europe have always been the backbone of the portfolio. Wood & Company is strongest in these countries and serves as a useful trapline for ideas.
We search for misunderstood value opportunities predominantly in Central and Eastern Europe, but also in Cuba.
The more advanced the country, (Poland and Czech Republic), the more we will hold growth stocks. In less developed markets, (Romania, Ukraine and Cuba), we favour high yielding stocks or fixed income.
The result is a balanced and ungeared portfolio of equities and fixed-income in countries where we believe risk will fall and growth will be strong in the medium term.
The principals and largest investors in the fund worked together for many years at Wood & Company; the Prague-based investment bank. Richard Wood founded the firm in 1991 and Vladimír Jaroš currently serves as its CEO. The firm’s reputation and understanding of opportunities in Europe’s new market economies make it an important ally for our fund.