Summary
The fund seeks capital appreciation through investing in small-size companies in the U.S.
The fund is sub-advised by MacKay Shields LLC with a focus on small-size companies between the market capitalizations of $13 million to $8.4 billion.
The investment process is primarily driven by a quantitative model that considers market sentiment, momentum factors and valuation. The team then considers additional financial metrics in selecting stocks to be added to a broadly diversified portfolio.
The model driven fund is
Link
Fund Manager(s)
- Peter Carpi
Price
Performance
YTD
1.4%
3 Year
-33.21%
5 Year
-10.27%
Best
46.94%
2009
Worst
-21.12%
2022
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 6.1% | -0.7% | -2.6% | -21.6% | -34.2% | 12.4% | -4% | 4.2% | 0.4% | 2.7% |
| Q2 | -4% | 2.7% | -18.9% | 44.7% | 24.7% | -2.5% | 5.9% | 1.4% | 2.5% | 0.4% |
| Q3 | - | -4.8% | -6.3% | -33.1% | 4.2% | -3.7% | 1.7% | 1.9% | 4.5% | -8.5% |
| Q4 | - | 14.8% | 6.6% | 8% | 27.1% | 8.3% | -17.7% | 5.4% | 6.5% | 0.7% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4% | 6.2% | 4% | -4.5% | - | - | - | - | - | - | - | - |
| 2023 | 9.6% | -3.1% | -6.5% | -1.8% | -3.8% | 8.7% | 6.5% | -5.8% | -5.1% | -8.6% | 8% | 14.4% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1% | 10% | -21% | -18% | 9% | 16% | 0% | 0% | 15% | -5% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| MOPCX | 1% | 10% | -21% | -18% | 9% | 16% | - | - | 15% | -5% |
| Russell 2000 Index | - | - | -26% | 14% | 18% | 24% | -12% | 13% | 19% | -6% |
| Alpha | 1% | 10% | 5% | -32% | -10% | -8% | - | - | -5% | 1% |