- Seek to Purchase Companies at a Significant Discount to their Intrinsic Worth
- Free Cash Flow is the Foundation of Intrinsic Value
- Seek Businesses with Sustainable Competitive Advantages
- Partner with Shareholder-Oriented Management Teams
- Fundamentally Driven Analysis of Each Company
- Focus on Balance Sheet Strength
- Multi-Faceted Valuation Analysis
- Written Investment Thesis on Each Holding
|Term||QTR||YTD||1 Year||3 Years||5 Years||10 Years||Since Inception1|
|Small Cap Fundamental Value (Gross)||11.91||-15.24||-15.24||5.66||4.32||9.43||10.98|
|Small Cap Fundamental Value (Net)||11.73||-15.84||-15.84||4.93||3.58||8.63||10.22|
1Performance inception date is 01.01.1996.
Performance is preliminary and is annualized for periods longer than one year. Net of fees performance returns are presented net of the investment management fees and trading expenses. “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 Sterling Capital’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. The Performance and Portfolio Characteristics is considered Supplemental Information to the Composite Disclosure Presentation which is attached. Source: MSCI, S&P, FactSet, Sterling Capital Management Analytics.
Small Cap Fundamental Value
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Speakers: Co-Portfolio Manager Joshua L. Haggerty, CFA®, and Client Portfolio Manager Whitney L. Stewart, CFA®