Equity

Select SMID Cap Equity Strategy

The strategy is an actively managed, diversified portfolio of small- and mid-cap common stocks, constructed using a proprietary private market valuation (PMV) investment process. It seeks long-term capital appreciation and to outperform the Russell 2500 Index benchmark over a full market cycle.

Competitive advantages

Research

Bottom-up research intensity

Through bottom-up research and a style-agnostic approach, the team seeks to invest in the highest-quality risk/reward opportunities in the equity market. 

Brand Idea

Core approach provides more balanced returns

The team’s core approach seeks to eliminate the need to choose between growth and value and provide more balanced returns relative to style extremes.

Team

Experienced investment team

The team has consistently applied its philosophy and process for over 30 years through multiple market cycles.

Composite performance

Average annual returns Add Minus

Average annual returns

(as of 3/31/2024)
1M
3M
YTD
1Y
3Y
5Y
10Y
Inception
Composite (Gross)
3.07
7.19
7.19
18.03
6.23
11.10
9.58
13.27
Composite (Net)
3.01
6.99
6.99
17.06
5.33
10.15
8.59
12.22
Benchmark
4.13
6.92
6.92
21.43
2.97
9.90
8.84
10.57

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
16.25
-17.27
22.09
15.79
27.54
-9.69
17.86
14.33
-1.75
6.30
Benchmark
17.42
-18.37
18.18
19.99
27.77
-10.00
16.81
17.59
-2.90
7.07

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

On a public stock exchange, a stock typically trades between 50% and 80% of its PMV.

The team’s process is geared toward buying in the lower half of the trading range and selling as it pushes the upper limit.

Contact Us

We look forward to helping you with your investment needs