Overview
Inception
Date
07.01.2013
Account
Minimum
$100,000
Philosophy
- We believe that undervalued stocks offer appreciation potential with reduced volatility
- Focused on relative value: Identifying stocks which are undervalued versus their peers
- Aim to add value primarily through positive stock selection across economic sectors
- Our long-term perspective values companies with multi-year catalysts and produces low portfolio turnover
Process
- Disciplined "Relative Value" approach combines the benefits of both quantitative and fundamental research
- Quantitative analysis:Reduces the mid cap universe to a select group of undervalued stocks with favorable earnings and price momentum characteristics
- Qualitative analysis: Identify those undervalued stocks which possess a fundamental catalyst to drive earnings and valuation
Portfolio Manager
Performance
| Term | QTR | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception1 |
|---|---|---|---|---|---|---|---|
| Mid Cap Relative Value SMA (Gross) | 17.61 | 24.40 | 28.53 | 16.31 | 9.83 | 11.68 | 11.21 |
| Mid Cap Relative Value SMA (Net) | 16.78 | 22.63 | 24.85 | 12.95 | 6.64 | 8.45 | 7.99 |
| Bloomberg U.S. Mid Cap Value | 8.02 | 13.77 | 24.52 | 15.47 | 9.88 | 11.49 | 11.25 |
1The composite inception date is 07.01.2013. The benchmark is the Bloomberg U.S. Mid Cap Value Index. The net of fee performance reflects the deduction of the maximum SMA bundled fee of 3.00% annually for all periods presented. Performance is preliminary and is annualized for periods longer than one year. Net of fees performance returns are presented net of the SMA bundled fee, which includes all charges for trading costs, advisory services, portfolio management, custody and other administrative fees. “Pure” Gross of fees performance returns do not reflect the deduction of any fees including trading costs: a client’s return will be reduced by the management fees and other expenses it may incur. Investment management fees are described in SCM's Form ADV 2A. Performance reflects the reinvestment of interest income and dividends and realized capital gains. The performance presented represents past performance and is no guarantee of future results. Performance is compared to an index: however, the volatility of an index varies greatly and investments cannot be made directly in an index. Market conditions vary from year to year and can result in a decline in market value due to material market or economic conditions. Sources: Morningstar Direct; Sterling Capital Management Analytics. Please refer to the GIPS Composite Report in the factsheet linked below for additional disclosures.
Mid Cap Relative Value SMA
Materials
Contact
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