Small-Mid Cap Value Fund

Investment Objective

Capital Appreciation

Morningstar Category
Small Value

Fund Characteristics

The Small-Mid Cap Value Fund seeks to identify small and mid cap companies priced at discounts to their intrinsic values and with fundamentals that are solid or improving.

Investment Approach

  • Invests in quality companies that temporarily trade below historic averages, peer groups and private market values
  • Seeks to identify undervalued quality companies that possess an identifiable catalyst for value realization
  • Favors companies that are trading at low price/earnings and price/cash flow multiples, possess strong balance sheets with solid cash positions and little or no long-term debt

Why Consider This Fund?

  • Employs a time-tested investment philosophy and process managed by an experienced, long-tenured portfolio management team committed to fundamental analysis
  • Consistently applies a disciplined, rigorous investment process to uncover opportunities and reduce stock-specific and portfolio level risk
  • Seeks to provide strong absolute and risk-adjusted performance


The Fund's returns will vary, and you could lose money by investing in the Fund. The Fund holds equities which may decline in value due to both real and perceived general market, economic, and industry conditions. Investments in small and mid-cap companies involve greater risk than those in larger, more established companies, including higher volatility and lower liquidity. Individual securities may not perform as expected or a strategy used by the Adviser may fail to produce its intended result. Diversification does not ensure against loss. The Fund is not intended to be a complete investment program. The Fund is designed for long-term investors.