SMID Cap Concentrated Value
The investment approach is driven by bottom-up value analysis with an emphasis on uncovering special situations and undervalued investments.
The strategy is managed on the premise that internally generated proprietary research and a focus on smaller capitalization companies not generally followed by Wall Street will produce above average returns over a market cycle. The investment team’s process focuses on assessing value in relation to earnings power, emphasizing free cash flow, and evaluating management philosophy, capability, and commitment. The market cap parameters for the SMID Cap Concentrated Strategy are based on the market capitalization of the securities in the Russell 2000® and Russell Mid-Cap® Indices over the last twelve months. The strategy is managed in a tax-efficient manner.
Donald Wang, CFA
James Maxwell, CFA
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