Investment Philosophy
 
The Greenspring Fund, a no-load, value-oriented mutual fund, was founded in 1983.
 
Since that time, our goal has remained constant. We strive for consistent, strong, risk-averse performance over an entire market cycle.
 
A strategy seeking preservation of capital during difficult market conditions and achievement of strong gains during more favorable times is the cornerstone of our philosophy.
 
The Greenspring Fund is a balanced fund comprised of equities and fixed income securities. Our analysts seek out securities that are trading at a discount to their historical prices and/or their peers. We focus on inefficiently-followed securities that we believe are undervalued and often possess company-specific catalysts for future appreciation. Our efforts are focused on identifying securities that will provide positive performance regardless of the direction of the overall market.
 
Importantly, we endeavor to limit the exposure of the portfolio to the market’s sharp volatility.