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: January 18, 2017

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 -1.06% 0.77%
Three-Month 14.53% 6.76%
Year-to-Date 0.19% 1.56%
One-Year 54.65% 23.42%
Three-Year (Annualized) 8.02% 9.58%
Five-Year (Annualized) 17.17% 14.08%
Since Inception 9.91% N/A
Volatility 17.58% 12.11%

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)
1ACassociated cap group inc cl a3.33%
2AIRaar corp3.34%
3AMAGamag pharmaceuticals inc com3.33%
4APTSpreferred apt cmntys inc com3.33%
5ARCXarc logistics partners lp com ut rep lpn3.33%
6BCOMb communications ltd shs3.33%
7BNEDbarnes & noble ed inc com3.33%
8CINRciner res lp unit ltd3.37%
9CSScss inds inc3.33%
10EXFOexfo inc sub vtg shs3.33%
11EXPRexpress inc com3.33%
12GZTgazit globe ltd shs3.33%
13IPXLimpax laboratories inc3.33%
14IRDMiridium communications inc3.34%
15ITGRinteger holdings corp new3.33%
16KFYkorn ferry intl new3.34%
17KLICkulicke & soffa inds inc3.33%
18MLRmiller inds inc tenn3.34%
19MSEXmiddlesex water co3.34%
20NEPxtera energy partners lp com unit part i3.34%
21NEWMnew media invt group inc com3.33%
22OSGoverseas shipholding group inc com cl a3.33%
23PFSIpennymac finl svcs inc cl a3.33%
24RHrh com3.33%
25SCSCscansource inc3.33%
26SFSmart & final stores inc com3.33%
27SPLPsteel partners hldgs l p ltd prtrship3.33%
28VRTUvirtusa corp com3.33%
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.