Equity

Discovery SMID Cap Growth Equity Strategy

The strategy seeks long-term outperformance of the Russell 2500 Growth Index by investing in three distinct types of growth stocks, including core growth companies, developing situations, and valuation opportunities.

Competitive advantages

Checkmark

Right side of change

Identifies companies on the “right side of change” using a non-formulaic approach to idea generation 

Low Volatility

Fundamental edge

Develops bottom-up fundamental “edge” through all-cap “surround the company” research

Warning

Risk/return assessment

Assesses each holding for attractive risk and return to avoid excessive valuations

Scale

Portfolio construction

Constructs portfolios to balance risk across core holdings, developing situations, and valuation opportunities

Composite performance

Average annual returns Add Minus

Average annual returns

(as of 12/31/2023)
1M
3M
YTD
1Y
3Y
5Y
10Y
Inception
Fund
8.42
11.15
20.48
20.48
-10.57
10.09
7.60
8.61
Benchmark
11.14
12.59
18.93
18.93
-2.68
11.43
8.78
8.05

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.


Calendar year Add Minus

Calendar year

2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund
20.48
-37.66
-4.77
62.40
39.18
-6.87
29.30
7.54
-1.30
0.71
Benchmark
18.93
-26.21
5.04
40.47
32.65
-7.47
24.46
9.73
-0.19
7.05

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.


Our team
Meet the investment team

The team’s philosophy is to provide clients the power of long-term compounding through investing in businesses on the right side of change.  

Contact Us

We look forward to helping you with your investment needs