Robert W. Kleinschmidt, CFA, is President, Chief Executive Officer and Chief Investment Officer of Tocqueville Asset Management L.P. Mr. Kleinschmidt joined Tocqueville in 1991 and manages discretionary portfolios for institutional, individual and family clients. He is also the lead Portfolio Manager of the firm’s flagship fund, The Tocqueville Fund, and of the Multi Cap Equity strategy. In addition, Mr. Kleinschmidt is the Chairman of the Investment Committee. Prior to joining Tocqueville, Mr. Kleinschmidt spent thirteen years with David J. Greene & Company. Prior to joining David J. Greene & Company, he spent two years at the Irving Trust Company, starting his career there in 1976. From 1973 to 1976, he continued postgraduate work in Economics at Columbia University. Mr. Kleinschmidt earned a B.B.A. in Accounting from the University of Wisconsin (Oshkosh) and an M.A. in Economics from the University of Massachusetts (Amherst).
The Tocqueville Trust
DAILY NAV as of 07/24/2014: Tocqueville Fund TOCQX $34.35 -0.04
To achieve long-term capital appreciation
- Employ a bottom-up selection process based on fundamental security analysis
- Seek to identify contrarian, value-oriented securities that are depressed in price, out of favor with investors and trading at a substantial discount to intrinsic value
- Identify the most attractive risk/reward propositions across all market capitalizations largely based on free cash flow generation, balance sheet quality and the fundamental strength of a business franchise
- Focus primarily on the equity and equity-related securities of US issuers, but may invest in non-US issuers
Robert W. Kleinschmidt
, Portfolio Manager
Distributions for The Tocqueville Funds Paid on 12/18/13, 12/19/2013
The Tocqueville Funds paid distributions on December 18, 2013 in the amounts in the notice...
Dow Jones News Service - TOCQX, 05/16/2013
The Tocqueville Fund was featured on the Dow Jones "Tip Sheet" entitled "Tocqueville...
Top Ten Holdings
as of 06/30/2014
% of Total Assets
|General Electric Company||3.03%|
|Johnson & Johnson||2.68%|
|NextEra Energy, Inc.||2.62%|
|Exxon Mobil Corp.||2.58%|
|E. I. du Pont de Nemours and Company||2.51%|
|Applied Materials, Inc.||2.31%|
© 2011 Tocqueville Asset Management L.P.
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