ALPHAONE MICRO CAP EQUITY FUND

Strategy & Objective

The investment team employs a fundamentally-driven, growth-at-a-reasonable price investment philosophy when targeting U.S. micro cap companies with competitive positions, and the potential for sustained growth over the next several years.


Share ClassTickerCUSIPInception
I shares (Institutional)AOMCX00769G85703/31/2011
Investor sharesAOMAX00769G86503/31/2011
Recent Prices* (AOMAX)PriceChange ($)Change (%)
07/17/2014$11.71-$0.16-1.35%
07/18/2014$11.88$0.171.45%
07/18/2014$11.88$0.000.00%
07/18/2014$11.88$0.000.00%
07/21/2014$11.84-$0.04-0.34%

PROSPECTUS

Prices and performance for other share classes may vary.

* Daily share class NAV history and total net assets as of last close. ** Subject to change and as of 3/31/14.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 855.4.ALPHAONE (1.855.425.7426).

Expense ratios are as follows: I shares 1.44% (net), Investor shares 1.69 (gross),  1.50 (net).  Inception for all classes is 3/31/11.  The advisor has contractually agreed to waive fees beyond 1.50% for Investor classes respectively until 4/1/15.  Additional waivers are voluntary and may be discontinued at any time.  In the absence of such fee waivers, total return world be reached.  There is a 2% redemption fee on shares held less than 90 days.

To determine if this Fund is an appropriate investment for you, carefully consider the Funds investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds prospectus, which may be obtained by calling 855.4.ALPHAONE (1.855.425.7426). Read the prospectus carefully before investing or sending money.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

AlphaOne Funds are distributed by SEI Investments Distribution Co., which is not affiliated with AlphaOne Investment Services, LLC or any of its affiliates.

AlphaOne mutual funds are available to U.S. investors only.

The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe.

Strategy Details
Total Net Assets* 120.1M
Benchmark Russell 2000
Distribution Annually
Annualized Turnover 74%
Number of Holdings** 59
Investment Team
Daniel Goldfarb Sr Portfolio Mgr
Steven Dray Senior Portfolio Mgr
Christopher Crooks Portfolio Mgr
Constantine Davides Senior Healthcare Analyst
Top 5 Holdings**
Natus Medical Inc.2.83%
PDF Solutions, Inc.2.62%
On Assignment, Inc.2.56%
Del Frisco's Restaurant Group, Inc.2.56%
CRA International, Inc.2.49%

Returns**1m3m6mYTD1yrSince Inception
I shares 6.12%7.87%11.44%22.18%23.64%10.19%
Investor shares 6.06%7.81%11.29%21.93%23.35%9.91%
Russell 20006.38%10.21%13.61%27.69%30.06%11.71%

PROSPECTUS

 

Prices and performance for other share classes may vary.

* Daily share class NAV history and total net assets as of last close. ** As of 3/31/14.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 855.4.ALPHAONE (1.855.425.7426).

Expense ratios are as follows: I shares 1.44% (net), Investor shares 1.69 (gross),  1.50 (net).  Inception for all classes is 3/31/11.  The advisor has contractually agreed to waive fees beyond 1.50% for Investor classes respectively until 4/1/15.  Additional waivers are voluntary and may be discontinued at any time.  In the absence of such fee waivers, total return world be reached.  There is a 2% redemption fee on shares held less than 90 days.

To determine if this Fund is an appropriate investment for you, carefully consider the Funds investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds prospectus, which may be obtained by calling 855.4.ALPHAONE (1.855.425.7426). Read the prospectus carefully before investing or sending money.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

AlphaOne Funds are distributed by SEI Investments Distribution Co., which is not affiliated with AlphaOne Investment Services, LLC or any of its affiliates.

AlphaOne mutual funds are available to U.S. investors only.

The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe.

DateNAV*Net ChangePercent Change
07/01/2014$12.33$0.211.73%
07/02/2014$12.27-$0.06-0.49%
07/03/2014$12.40$0.131.06%
07/03/2014$12.40$0.000.00%
07/03/2014$12.40$0.000.00%
07/03/2014$12.40$0.000.00%
07/07/2014$12.15-$0.25-2.02%
07/08/2014$12.06-$0.09-0.74%
07/09/2014$12.08$0.020.17%
07/10/2014$11.95-$0.13-1.08%
07/11/2014$11.90-$0.05-0.42%
07/11/2014$11.90$0.000.00%
07/11/2014$11.90$0.000.00%
07/14/2014$12.00$0.100.84%
07/15/2014$11.92-$0.08-0.67%
07/16/2014$11.87-$0.05-0.42%
07/17/2014$11.71-$0.16-1.35%
07/18/2014$11.88$0.171.45%
07/18/2014$11.88$0.000.00%
07/18/2014$11.88$0.000.00%
07/21/2014$11.84-$0.04-0.34%

Sector Composition*




Value & Growth Characteristics**Micro Cap Equity FundRussell 2000
Price/Earnings16.517.6
Price/Book2.52.3
Price/Sales2.12.1
ROA6.03.6
ROE7.96.3

PROSPECTUS

* Portfolio data is subject to change and is as of 4/31/14. ** Return on Assets (ROA), Return on Equity (ROE).

To determine if this Fund is an appropriate investment for you, carefully consider the Funds investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds prospectus, which may be obtained by calling 855.4.ALPHAONE (1.855.425.7426). Read the prospectus carefully before investing or sending money. There is a 2% redemption fee on shares held less than 90 days.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

AlphaOne Funds are distributed by SEI Investments Distribution Co., which is not affiliated with AlphaOne Investment Services, LLC or any of its affiliates.

AlphaOne mutual funds are available to U.S. investors only.

The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe.

Asset Allocation*


Market Cap Exposure*


Top 10 Holdings*
Natus Medical Inc.2.83%
PDF Solutions, Inc.2.62%
On Assignment, Inc.2.56%
Del Frisco's Restaurant Group, Inc.2.56%
CRA International, Inc.2.49%
Kirkland's Inc.2.44%
Altra Industrial Motion Corp.2.36%
Panhandle Oil & Gas, Inc.2.35%
CECO Environmental Corp2.32%
RPC, Inc.2.20%

Micro Cap Equity Fund


PROSPECTUS

To determine if this Fund is an appropriate investment for you, carefully consider the Funds investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds prospectus, which may be obtained by calling 855.4.ALPHAONE (1.855.425.7426). Read the prospectus carefully before investing or sending money.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

AlphaOne Funds are distributed by SEI Investments Distribution Co., which is not affiliated with AlphaOne Investment Services, LLC or any of its affiliates.

AlphaOne mutual funds are available to U.S. investors only.