EQUITY  
 |  OVERVIEW  |  equity
management GROUP
   CORE EQUITY (As of Dec 31, 2010)   
  

    PIA’s Core Equity Strategy seeks to add value wherever we find opportunity, and are indifferent to style or capitalization constraints.  We identify equities that have consistently grown revenues, earnings, and dividends, if a dividend is paid, and expect to purchase these stocks at reasonable valuations.  We target sectors expected to outperform during different phases of the economic cycle.  We further adjust sector weights based on broad macro supply and demand trends.

  

Equity Indices

Core Equity – Last Updated: Dec 31, 2010

The S&P 500 index includes 500 leading companies in leading industries of the U.S. economy.  The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe. You cannot invest directly in an index.