SMCO

SMCO leverages its proprietary investment process to pursue risk-adjusted returns within the US small- and mid-cap equity space. The process is a bottom-up approach that screens value, growth, and core stocks. Its objective is to deliver attractive long-term returns by identifying mispriced stocks at every stage of the economic cycle. Moreover, it considers stocks with diverse valuations, from undervalued to seemingly overvalued, driven by confidence in long-term success. Generally, the portfolio will consist of 50-75 stocks deemed fundamentally attractive and reasonably valued. The Sub-Adviser, guided by insights into the macroeconomic environment and industry trends, seeks stocks poised to benefit from improving business prospects. Additionally, the sub-adviser's periodic evaluations prompt adjustments in positions, reflecting changes in risk/reward dynamics. Securities are divested when a stock is fully valued, discrepancies in fundamental expectations, or more favorable investments.