Investor Policies
Our investor policies reflect our respect for the rights of shareholders.
- Outside investors will invest side-by-side with Cobbossee principals.
- Good governance practices:
- Separate individuals as CEO and Chairman of the Board
- Board of Director participation negotiable for large investors
- Focus on maximizing long-term shareholder value
- Investors make commitments after receipt of all available information on the company and our independent assessment. The investment will be in a particular company and not a fund. Outside shareholders will have the benefit of transparency and flexibility (no upfront decisions are necessary).
- Expected returns will reflect the investment risk and the lack of liquidity. The average historical performance of all publicly-traded companies is our standard of comparison. The annual historical rate of return for all publicly-traded companies is 9.5%, and the average shareholder payout is 50% of earnings in the form of cash dividends and share repurchases. This translates to a annual cash yield of 3 to 3.5 percent. We expect to generate annuals returns in excess of 20%.
- Industry-standard fee structure based on success.