Mid Cap Growth Strategy
Overview
Benchmark: Russell Midcap® Growth Index
Inception Date: 6/30/93
We are a traditional growth manager, providing a portfolio that has true exposure to mid-cap companies. Our primary investment goal is to provide consistent, superior-to-market returns at a risk posture less than that of the Russell Midcap Growth benchmark. We believe our sound, long standing philosophy executed over different market cycles by the founding portfolio manager is a powerful combination. All team resources and effort are dedicated to our high quality growth investment style and we stay true to our investment principals regardless of the environment.
Portfolio Construction
- A concentrated portfolio of generally 50–60 stocks
- The average position is 1%–3%, not to exceed 5%
- Sector weights 75%–125% relative to the benchmark, generally limited to 30% of portfolio
Performance
ALL DATA AS OF 9/30/2024
| QTR | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Mid Cap Growth (Gross) | 5.38 | 0.88 | 14.30 | -1.44 | 9.65 | 10.87 | 11.88 |
| Mid Cap Growth (Net) | 5.19 | 0.33 | 13.44 | -2.17 | 8.85 | 10.08 | 11.23 |
| Russell Midcap Growth Index | 6.54 | 12.91 | 29.34 | 2.32 | 11.48 | 11.30 | 10.27 |
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Mid Cap Growth (Gross) | 21.18 | -27.17 | 23.42 | 36.01 | 37.43 | -0.79 | 28.00 | 6.37 | -2.79 | 5.80 |
| Mid Cap Growth (Net) | 20.30 | -27.66 | 22.56 | 35.06 | 36.46 | -1.50 | 27.10 | 5.63 | -3.49 | 5.06 |
| Russell Midcap Growth Index | 25.87 | -26.72 | 12.73 | 35.59 | 35.47 | -4.75 | 25.27 | 7.33 | -0.20 | 11.90 |