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
0.2%
3 Year
8.32%
5 Year
8.45%
Best
48.92%
2009
Worst
-36.71%
2008
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 6.4% | -0.4% | -2.3% | 11.5% | -33.9% | 12.7% | -3.7% | 4.5% | 0.8% | 3% |
| Q2 | -5.4% | 3% | -18.7% | 2.3% | 25% | -2.2% | 6.2% | 1.6% | 2.8% | 0.7% |
| Q3 | - | -4.6% | -6.1% | -27.3% | 4.5% | -3.4% | 1.9% | 2.3% | 4.8% | -8.2% |
| Q4 | - | 14.8% | 6.1% | 8.1% | 27.5% | 8.1% | -17.4% | 5.8% | 6.9% | 1% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.9% | 6.3% | 4.1% | -4.1% | - | - | - | - | - | - | - | - |
| 2023 | 9.7% | -3% | -6.3% | -1.7% | -3.7% | 8.8% | 6.6% | -5.7% | -5.1% | -8.4% | 8.1% | 14.1% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0% | 11% | -21% | -10% | 10% | 17% | -16% | 16% | 16% | -4% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| MOPIX | 0% | 11% | -21% | -10% | 10% | 17% | -16% | 16% | 16% | -4% |
| Russell 2000 Index | - | - | -26% | 14% | 18% | 24% | -12% | 13% | 19% | -6% |
| Alpha | 0% | 11% | 5% | -24% | -8% | -7% | -4% | 3% | -3% | 2% |