Objective

The Small-Cap Value folio was developed for investors seeking aggressive long-term capital appreciation with higher volatility.

Strategy

The Small-Cap Value folio consists of small-cap companies that appear undervalued based on their price-to-book ratio, in comparison to the overall market. Small-cap companies are defined as having market capitalizations below $1.7 billion USD.

Stocks of small companies can provide more growth potential but are generally subject to more risk and erratic price movements than larger company stocks. These companies often have limited product lines, markets, financial resources and management teams may lack depth and experience. By investing in stocks that already appear to be out of favor or undervalued, the folio is intended to be less volatile than investing in growth stocks. This folio’s broad diversification may make it less volatile than small-cap value funds that have more concentrated portfolios.

Last Updated: December 1, 2016

Category: Investment Style
Inception Date: 2000-04-05 00:00:00.0
Date Funded: 2009-08-31*

Folio S&P 500 Total Return
One-Month 11.02% 4.04%
Three-Month 8.1% 1.47%
Year-to-Date 26.92% 9.41%
One-Year 24.71% 6.51%
Three-Year (Annualized) 6.34% 8.92%
Five-Year (Annualized) 17.73% 14.39%
Since Inception 9.64% N/A
Volatility 19.51% 13.91%

Past performance is no guarantee of future results.
See how returns are calculated

* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.

#SymbolCompanyWeight
(% of Folio)
1AIRaar corp3.34%
2AMAGamag pharmaceuticals inc com3.33%
3APTSpreferred apt cmntys inc com3.33%
4ASNAascena retail group inc com3.33%
5BCOMb communications ltd shs3.33%
6BNEDbarnes & noble ed inc com3.33%
7CINRciner res lp unit ltd3.37%
8CNNXcone midstream partners lp com unit reps3.33%
9CSScss inds inc3.33%
10DGIIdigi intl inc3.33%
11DMdominion midstream partners lp com ut re3.34%
12GNRTgener8 maritime inc com3.33%
13HLIhoulihan lokey inc cl a3.33%
14IGLDinternet gold-golden lines ltd ord3.34%
15IRDMiridium communications inc3.33%
16ITGRinteger holdings corp new3.33%
17KFYkorn ferry intl new3.34%
18KNDkindred healthcare inc3.33%
19LADRladder cap corp cl a3.33%
20MLRmiller inds inc tenn3.34%
21MSEXmiddlesex water co3.34%
22NEWMnew media invt group inc com3.33%
23PFSIpennymac finl svcs inc cl a3.33%
24PLABphotronics inc3.33%
25SAHsonic automotive inc cl a3.33%
26SCHLscholastic corp3.33%
27SCSCscansource inc3.33%
28SPLPsteel partners hldgs l p ltd prtrship3.33%
29WLHlyon william homes cl a new3.33%
30XINxinyuan real estate co ltd spons adr3.33%

Steps to Create This Folio

  1. We identified small-cap stocks as those having market capitalizations smaller than $1.7 billion.
  2. We determined the average price-to-book and price-to-earnings ratios in a given sector.
  3. We screened for stocks with low price-to-earnings and price-to-book ratios compared to the sector average.
  4. We ranked these small-cap stocks keeping the sector weights comparable to the S&P 500.
  5. We equally weighted all stocks in the folio.

Number of Securities

There are generally 30 securities in the folio.

Update Frequency

Quarterly.

If the characteristics of the folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a folio has been updated that you place orders to update your holdings.