INVESTMENT STRATEGY

Hanson & Doremus Investment Management uses a Value-based, long-term, low-turnover approach to building and managing customized portfolios.

As Value investors, we select securities that are out of favor with the market but typically have strong franchises and investment attributes. Our securities generally have low prices compared to earnings, cash flow, and book value.

Bottom-up fundamental analysis and multiple research sources are used to make investment decisions. Securities are selected from across a wide spectrum in both the U.S. and global markets.

We are committed to diversification, do little trading, and are long-term investors.

To learn more about how we think please click here to read The Wall Street Transcript interview of Eric Hanson published September 16, 2013.

Home Office: PO Box 819, Burlington, VT 05402 || Phone: 802.658.2668 Fax: 802.658.1027

California Office: PO Box 60937, Palo Alto, CA 94306 || Phone: 650.646.9976 Toll Free: 888.643.3976

©2013 Hanson & Doremus Investment Management, Inc.