Philosophy Overview

The Trust divides the investment world into three “risk buckets” — low, medium, and high — considering all types of investment products for any of the “risk buckets.” We hold no preconceived ideas or built-in biases that prevent consideration of all possibilities. Overriding consideration is given to the people who manage the product. The critical question is, “Are these people we trust, and are we comfortable entertaining the possibility of a long-term relationship?”

New opportunities must be compelling, either to add to the mix or to displace a current investment manager. Opportunities can be compelling from either a return or a risk reduction perspective. In order to displace a current investment manager, a product must have the potential to generate an absolute return greater than our existing managers in each risk bucket. We are not interested in comparisons to benchmarks or indices, or to short-term performance (periods less than three years).

The Murdock Trust is fortunate to have many long-term relationships with “best in class” investment managers, and we strive to be our managers’ best client. Our commitment to a long-term plan and to long-term relationships with managers has served us well in the past and will continue to do so in the future. We are fortunate to be governed by a group of three Trustees who possess the courage to think innovatively and do what makes sense as evidenced by our simple asset allocation structure.

Please, take a moment and become familiar with our investment policy and how our investments are managed.