Chesapeake Mutual Funds

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About the Adviser

This site provides general information about the Chesapeake Funds, which are portfolios of the Chesapeake Investment Trust. The site also provides specific information regarding each mutual fund including fund profiles, portfolio statistics, current performance information and prospectuses, as well as information about Gardner Lewis Asset Management, the adviser to the funds.

Gardner Lewis Asset Management is a privately-owned investment management boutique located near Philadelphia, PA.  Since the firm’s inception in 1990, the focus of the investment team has been to seek, identify and invest in a broad spectrum of companies for both institutions and individuals throughout the United States and abroad.  The firm has been trusted to manage assets for some of the best known corporations, foundations, endowments and individuals in the world.

What sets Gardner Lewis apart?

Dedicated Business Structure

  • Independent firm owned entirely by its research professionals – unencumbered by corporate challenges often faced by less flexible institutions
  • Research oriented culture focused on stock selection
  • Highly responsive client service team

Consistent Firm Leadership

  • Senior leadership has been in place for over 20 years
  • Each of the firm’s departments is led by a seasoned professional to ensure consistency of communications within and outside the firm

Singular Investment Philosophy

  • Bottom-up stock picking approach avoids theme-based investments, market timing, and sector rotation
  • Grassroots process involving thousands of interviews with industry leaders to better understand the changes occurring in and around target investment companies – due diligence encompasses customers, competitors, and suppliers of target investments

Integrated Research Approach

  • One portfolio management and research team
  • Stock picking analysts devoid of industry constraints
  • Analysis throughout the market cap spectrum designed to provide an information advantage

Thematic based investing is a method of selecting stocks and other securities based on their alignment with broad economic or societal trends. This can include investing in companies that are involved in areas such as renewable energy, aging populations, or the rise of technology. The goal of thematic investing is to capitalize on long-term trends that are expected to drive growth and innovation in various industries. There are several different approaches to thematic investing, and each approach has its own strengths and limitations.

Market timing is an active investment strategy where an investor or money manager shifts money in and out of the market or from one investment to another in an attempt to exploit anticipated short-term price movements. Market timing can involve transferring between equity sectors and asset classes, or even liquidating some or all of one’s risk assets in favor of cash. The goal is to achieve returns superior to those that buying and holding an index or diversified group of investments would deliver.

Sector rotation is an equity investing strategy that involves shifting money between different stock market sectors, such as technology, healthcare, or financials, based on the current phase of the economic cycle. The goal is to maximize returns by moving capital into sectors poised for growth while avoiding those expected to underperform. This active management approach requires investors to anticipate shifts in macroeconomic conditions like interest rates, inflation, and GDP growth to time their investments accordingly.

Market cap spectrum refers to the market cap universe. We do not restrict ourselves to any one group or tranche on companies as defined by their market capitalization.

Gardner Lewis Asset Management serves as the investment adviser to the Chesapeake Funds. Chesapeake Funds are offered by prospectus and summary prospectus only to U.S. individual and institutional investors. An investor should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus and summary prospectus contains this and other information about the Fund. A copy of the prospectus and summary prospectus is available by calling the Fund directly at (800) 430-3863 or the Fund’s Adviser at (610) 558-2800. The prospectus and summary prospectus should be read carefully before investing.

The Chesapeake Funds may not be available for sale in all states. The information presented on this page is not an offer to sell or a solicitation of an offer to purchase shares of the fund.

Underwriter and Distributor: Ultimus Fund Distributors, LLC
225 Pictoria Drive, Suite 450, Cincinnati, OH 45246
Phone: (800) 430-3863
Ultimus Fund Distributors, LLC and Gardner Lewis Asset Managment, the investment advisor of the fund, are separate and unaffiliated.