Summary
The fund seeks capital appreciation in the long-term by investing in mid-size companies in the United States.
The sub-advisor’s investment process begins with companies in the benchmark index with market capitalization below $15 billion. The research team then narrows down the list of companies using bottom-up research and fundamental analysis to identify growth businesses.
Next, the research team identifies companies with strong earnings growth, improving operating trends, a superior management team, and attractive
Link
Fund Manager(s)
- Kristof Gleich
- Spenser Lerner
Price
Performance
YTD
10.4%
3 Year
-61.5%
5 Year
-50.53%
Best
45.02%
2003
Worst
-48.52%
2021
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 12.5% | 16.3% | -16.2% | 87.4% | -17.8% | 24.4% | 5.5% | 9.5% | -6.1% | 5.4% |
| Q2 | -1.5% | 6.9% | -30.2% | 5% | 41.5% | 5.2% | 9.1% | 9.1% | 3.8% | 2.1% |
| Q3 | - | -9.2% | -3% | -48% | 1.2% | -4.8% | 6.9% | 4.2% | 6.6% | -10.7% |
| Q4 | - | 17.8% | -2% | -5.8% | -36.8% | -12% | -18.6% | 5.6% | -3.3% | 4.6% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.5% | 9.4% | 1.4% | -6% | - | - | - | - | - | - | - | - |
| 2023 | 12% | -1% | 4.9% | -4.4% | 6.4% | 5.1% | 3.7% | -6.2% | -6.6% | -5.8% | 15.1% | 8.4% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10% | 33% | -44% | -49% | 39% | 11% | -3% | 32% | 1% | 1% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| HRMGX | 10% | 33% | -44% | -49% | 39% | 11% | -3% | 32% | 1% | 1% |
| Russell Midcap | 4% | 25% | -27% | 12% | 35% | 34% | -6% | 24% | 6% | -1% |
| Alpha | 6% | 8% | -17% | -61% | 4% | -23% | 3% | 8% | -6% | 2% |