Address And Details

Two Intl Place, Suite 1400 , Boston, MA 02110
Fund Manager Michael McLean
Manager Tenure 6 Years 8 Months

Strategy And Objective

The Funds investment objective is to provide growth of capital.Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities (the 80% Policy). The Fund invests primarily in common stocks of companies with market capitalizations comparable to those of companies included in the Russell 2500 Index, but the Fund may also invest in larger or smaller companies that the investment adviser believes have growth characteristics as described below. The Fund may invest up to 25% of its total assets in foreign securities, some of which may be issued by companies domiciled in emerging market countries. As an alternative to holding foreign stocks directly, the Fund may invest in U.S. dollar-denominated securities of foreign companies that trade on U.S. exchanges or in the over-the-counter market(including depositary receipts that evidence ownership in underlying foreign stocks). The Fund may invest in exchange-traded funds (ETFs), a type of pooled investment vehicle, in order to manage cash positions or seek exposure to certain markets or market sectors. The Fund may also invest in publicly traded real estate investment trusts (REITs).Investment decisions for the Fund are made primarily on the basis of fundamental research. The portfolio managers utilize information provided by, and the expertise of the investment advisers research staff in making investment decisions. The portfolio managers look for companies that, in their opinion, are high in quality or improving in quality. The portfolio managers take a long-term perspective when selecting companies and the quality focus typically leads them to companies benefitting from structural growth or structural change. Sought after company characteristics may include: a business model with identifiable competitive advantage(s)/barrier(s) to entry, a scalable market opportunity, a solid balance sheet, and a strong management team with a history of good capital allocation. Such companies typically exhibit high or improving returns on capital, strong free-cash-flow generation, and positive or inflecting earnings. The portfolio managers also employ a disciplined valuation framework in pursuit of attractive risk adjusted returns. The portfolio managers seek to manage investment risk by maintaining broad issuer and industry diversification among the Funds holdings, and by utilizing fundamental analysis of risk/return characteristics in securities selection. Securities may be sold if, in the opinion of the portfolio managers, the price moves above a fair level of valuation, the companys fundamentals deteriorate, or to pursue more attractive investment opportunities.

Net Asset Value

as of 4:44 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.48%
  • 1 Month
  • -0.16%
  • 3 Months
  • -0.60%
  • 1 Yr Return
  • +28.73%
  • 5 Yr Return
  • +36.24%

Equity Sector Breakdown

Finance 21.35%
Technology 14.54%
IndustrialCyclical 12.66%
Services 9.02%
Health 8.63%
NonDurables 8.18%
RetailTrade 5.76%
ConsumerDurables 4.40%
Utilities 4.11%
Energy 3.03%

Asset Allocation

Asset Type % Of Allocation
Stocks 99.19%
ForeignStocks 1.47%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 580.00 K

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -6.47 -4.01 -4.95
Beta 1.02 1.00 1.02
R Squared 0.88 0.84 0.80
Std Deviation 20.22 16.40 15.26
Sharpe Ratio 0.58 0.82 n/a

Purchase Information

as of 4:34 PM ET 09/16/2021
Minimum Initial $1000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +31.60%
  • +42.34%
+31.60% +42.34%
3 Year
  • +10.62%
  • +12.20%
+10.62% +12.20%
10 Year
  • +10.62%
  • +9.39%
+10.62% +9.39%
Life Of Fund
  • +6.80%
  • +6.82%
+6.80% +6.82%

Top 10 Holdings

Symbol Company Name % Of Assets
VVV VALVOLINE INC 3.03%
EYE NATIONAL VISION HOLDINGS INC 2.48%
TMX TERMINIX GLOBAL HOLDINGS INC 2.11%
PFGC PERFORMANCE FOOD GROUP COMPA 1.99%
AZEK AZEK COMPANY INC 1.80%
EEFT EURONET WORLDWIDE INC 1.78%
CUBE CUBESMART 1.70%
PNFP PINNACLE FINANCIAL PARTNERS 1.63%
CHE CHEMED CORP 1.60%
SSB SOUTH STATE CORPORATION 1.60%

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