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 73%
Weighted Avg Mkt Cap $3,021M
Investment Team
Daniel Goldfarb Sr Portfolio Mgr
Steven Dray Senior Portfolio Mgr
Christopher Crooks Research Analyst
Constantine Davides Senior Healthcare Analyst
Top 5 Holdings
Patterson- UTI Energy, Inc2.75%
Microsemi Corp2.64%
Ascent Capital Group Inc2.58%
Entegris Inc2.50%
Invensense, Inc.2.48%

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 Analysis3YR5YR
Annualized return10.120.39
Total return33.47152.92
Average return0.891.66
Avg upmarket return3.724.27
Avg downmarket return(2.91)(3.37)
Downside capture73.4361.52
Upside capture88.0983.03
Risk Analysis3YR5YR
Annualized stdev13.9615.52
Upside deviation11.214.26
Downside deviation8.898.41
MPT Statistics3YR5YR
Alpha(0.52)0.77
Beta0.780.78
Correlation0.970.96
Sharpe Ratio0.721.31

Sector Composition**




Value & Growth Characteristics**Fundamental Small Cap GrowthRussell 2000 Growth
Price/Earnings29.326.2
Price/Book3.73.4
Price/Sales3.02.3
Price/Cash Flow17.114.5
ROA6.14.4
ROE10.27.4

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*
Patterson- UTI Energy, Inc2.75%
Microsemi Corp2.64%
Ascent Capital Group Inc2.58%
Entegris Inc2.50%
Invensense, Inc.2.48%
Gartner, Inc.2.47%
Globus Medical Inc2.35%
Coherent, Inc.2.34%
Cubist Pharmaceticals, inc.2.29%
Unit Corp.2.24%