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Mohan Gundu and Douglas Ledingham of the Sustainable Funds Group speak to A.J. Nahmad, president of Watsco Inc.
Watsco are the largest distributor of HVACR (heating, ventilation, air conditioning and refrigeration) products in North America, with over 657 stores throughout the country. We sat down with current president, A.J. Nahmad, to understand Watsco’s unique compensation philosophy, and how that plays a role in building and instilling an ownership culture and a long-term orientation.
This material is for general information purposes only. It does not constitute investment or financial advice and does not take into account any specific investment objectives, financial situation or needs. This is not an offer to provide asset management services, is not a recommendation or an offer or solicitation to buy, hold or sell any security or to execute any agreement for portfolio management or investment advisory services and this material has not been prepared in connection with any such offer. Before making any investment decision you should conduct your own due diligence and consider your individual investment needs, objectives and financial situation and read the relevant offering documents for details including the risk factors disclosure. Any person who acts upon, or changes their investment position in reliance on, the information contained in these materials does so entirely at their own risk.
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The First Sentier Investors funds referenced in these materials are not registered for sale in the United States and this document is not an offer for sale of funds to US persons (as such term is used in Regulation S promulgated under the 1933 Act). Fund-specific information has been provided to illustrate First Sentier Investors’ expertise in the strategy. Differences between fund-specific constraints or fees and those of a similarly managed mandate would affect performance results.
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