Money Life Podcast with Jensen’s Allen Bond

March 2024
Headshot of Jensen, Managing Director Allen Bond
Allen T. Bond, CFA
Managing Director, Head of Research & Portfolio Manager

Market Call: High-Quality Businesses at Reasonable Prices

Portfolio Manager Allen T. Bond joins Chuck Jaffe of the Money Life Podcast to discuss Jensen’s methodology behind defining high-quality businesses and determining reasonable prices.

From the podcast:

Chuck Jaffe:

Allen Bond:

Listen to the podcast above or read the transcript here to discover examples of high-quality businesses that qualify for inclusion in the Jensen Quality Universe.


Definitions

Margin of Safety: Buying with a “margin of safety,” a phrase popularized by Benjamin Graham and Warren Buffett, is when a security is purchased for less than its estimated value. This helps protect against permanent capital loss in the case of an unexpected event or analytical mistake. A purchase made with a margin of safety does not guarantee the security will not decline in price. 

Return on Equity (ROE): Is a measure of financial performance calculated by dividing net income by shareholders’ equity.


Please click here for the top ten holdings and holdings are subject to change at any time. 

Jensen Quality Growth Fund Holdings

Jensen Quality Value Fund Holdings

Jensen Global Quality Growth Fund Holdings

 Past performance is not a guarantee of future results. 

Mutual fund investing involves risk, and principal loss is possible. There is no assurance that the investment process will lead to successful investing or that the stated objective(s) will be met.

The Jensen Quality Growth Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The prices of growth stocks may be sensitive to changes in current or expected earnings, may experience larger price swings and may be out of favor with investors at different periods of time. 

The Jensen Quality Value Fund invests in mid and smaller capitalization companies, which involve additional risks such as limited liquidity and greater volatility. 

The Jensen Global Quality Growth Fund is also non-diversified and invests in foreign securities that involve political, economic and currency risks, greater volatility, and differences in accounting methods. These risks are greater for investments in emerging markets. 

Opinions expressed are those of Jensen Investment Management and are subject to change, not guaranteed and should not be considered investment advice. 

The Fund’s investment objective, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contains this and other important information about the investment company and it may be obtained by visiting www.jenseninvestment.com or by calling 800-992-4144. Please read carefully before investing. 

The Jensen Funds are distributed by Quasar Distributors, LLC.

© 2024 Jensen Investment Management. The Jensen Quality Universe is a trademark of Jensen Investment Management. All rights reserved.