ALPHAONE FUNDAMENTAL SMALL CAP GROWTH
Strategy & Objective
The investment team targets U.S. companies, with market capitalizations less than $1.5 billion, believed to possess the ability for accelerated and sustainable earnings growth.
Annual Returns
FACT SHEET
The performance data quoted represents past performance. Past performance does not guarantee future results.
The Russell 2000 Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. The Russell 2000 Growth Index performance quoted is shown for illustrative purposes only, does not represent actual account performance and is not meant to forecast, imply or guarantee future account performance. An index is unmanaged and cannot be invested in directly. Performance data for the indices is gross and does not reflect and deduction for fee, transaction costs or other expenses that an investor would pay if invested in an account directly.
All data as of prior quarter end, and all returns are net-of-fees.
Data provided by FactSet.
| Strategy Details | |
|---|---|
| Strategy | Equity Long |
| Benchmark | Russell 2000 Growth |
| Inception | 3/31/2000 |
| Turnover | 49% |
| Weighted Avg Mkt Cap | $2,406M |
| Investment Team | |
|---|---|
| Daniel Goldfarb | Sr Portfolio Mgr |
| Steven Dray | Portfolio Mgr |
| Christopher Crooks | Research Analyst |
| Jackie Williams | Research Analyst |
| Barry Goggins | Research Analyst |
| Top 5 Holdings | |
|---|---|
| WEX Inc | 2.59% |
| Ascent Capital Group Inc | 2.29% |
| Microsemi Corp | 2.23% |
| NeuStar Inc | 2.08% |
| Clean Harbors Inc | 2.02% |
Annual Returns
Trailing Returns (Periods greater than one years are annualized)
FACT SHEET
The performance data quoted represents past performance. Past performance does not guarantee future results.
The Russell 2000 Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. The Russell 2000 Growth Index performance quoted is shown for illustrative purposes only, does not represent actual account performance and is not meant to forecast, imply or guarantee future account performance. An index is unmanaged and cannot be invested in directly. Performance data for the indices is gross and does not reflect and deduction for fee, transaction costs or other expenses that an investor would pay if invested in an account directly.
All data as of prior quarter end, and all returns are net-of-fees.
Data provided by FactSet.
| Return Analysis | 3YR | 5YR |
|---|---|---|
| Annualized return | 10.5 | 7.9 |
| Total return | 34.8 | 45.9 |
| Average return | 0.9 | 0.8 |
| Avg upmarket return | 4.0 | 4.4 |
| Avg downmarket return | (3.4) | (4.9) |
| Downside capture | 84.3 | 88.7 |
| Upside capture | 66.3 | 62.1 |
| Risk Analysis | 3YR | 5YR |
|---|---|---|
| Annualized stdev | 16.1 | 20.2 |
| Average volatility | 4.6 | 5.8 |
| Upside deviation | 12.8 | 14.6 |
| Downside deviation | 10.3 | 14.3 |
| MPT Statistics | 3YR | 5YR |
|---|---|---|
| Alpha | (.07) | .02 |
| Beta | .77 | .80 |
| Correlation | .97 | .97 |
| Sharpe Ratio | .65 | .37 |
Sector Composition**
| Value & Growth Characteristics** | Fundamental Small Cap Growth | Russell 2000 Growth |
|---|---|---|
| Price/Earnings | 22.8 | 21.5 |
| Price/Book | 3.1 | 2.9 |
| Price/Sales | 2.2 | 1.9 |
| Price/Cash Flow | 14.9 | 12.4 |
| ROA | 6.8 | 4.1 |
| ROE | 10.4 | 7.1 |
FACT SHEET
The performance data quoted represents past performance. Past performance does not guarantee future results.
The Russell 2000 Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. The Russell 2000 Growth Index performance quoted is shown for illustrative purposes only, does not represent actual account performance and is not meant to forecast, imply or guarantee future account performance. An index is unmanaged and cannot be invested in directly. Performance data for the indices is gross and does not reflect and deduction for fee, transaction costs or other expenses that an investor would pay if invested in an account directly.
All data as of prior quarter end, and all returns are net-of-fees.
Data provided by FactSet.
| Asset Allocation** | |
|---|---|
| Market Cap Exposure** | |
| Top 10 Holdings* | |
| WEX Inc | 2.59% |
| Ascent Capital Group Inc | 2.29% |
| Microsemi Corp | 2.23% |
| NeuStar Inc | 2.08% |
| Clean Harbors Inc | 2.02% |
| Entegris Inc | 2.02% |
| MB Financial Inc | 2.00% |
| Globus Medical Inc | 1.89% |
| NVE Corp | 1.86% |
| Regal-Beloit Corp | 1.80% |