Summary
The fund seeks total return including long-term capital gain and current income or dividend.
The investment process starts with a list of companies with market capitalizations less than $500 million. The research team then with the help of quantitative analysis focuses on companies that are trading at discounts to their book values.
Next, the team also evaluates the reasons for the stocks to be out of favor with investors including market cycles, management challenges, or financial stress. In addition, the team estimates
Link
Fund Manager(s)
- Oliver Wong
Price
Documents
Performance
YTD
-4.5%
3 Year
-8.57%
5 Year
2.11%
Best
29.38%
2016
Worst
-17.54%
2018
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 1.4% | -0.9% | -3.5% | 6.2% | -34.1% | 7.5% | -3.2% | -3.3% | 3.6% | -0.1% |
| Q2 | -5.8% | 0.6% | -6.7% | 20% | 16.8% | -0.2% | 5.4% | 0.7% | 3% | -0.2% |
| Q3 | - | 0.9% | -1.5% | -15.9% | -0.6% | 1.9% | -0.7% | 6.8% | 7.3% | -10.3% |
| Q4 | - | 6.7% | 7.1% | 2.4% | 28.3% | -9.3% | -16.9% | 3.4% | 13.1% | 4% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.1% | 2.2% | 4.6% | -6.4% | - | - | - | - | - | - | - | - |
| 2023 | 7.5% | -2% | -6% | -5.2% | -2.5% | 8.9% | 7.3% | -2.1% | -4% | -3.5% | 5.9% | 3.4% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -5% | 6% | -5% | 10% | -2% | -0% | -18% | 9% | 29% | -7% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| FMCVX | -5% | 6% | -5% | 10% | -2% | - | -18% | 9% | 29% | -7% |
| Russell 2000 | - | - | -15% | 26% | 2% | 20% | -15% | 6% | 29% | -9% |
| Alpha | -5% | 6% | 10% | -17% | -4% | - | -3% | 3% | 0% | 2% |