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
0.9%
3 Year
-32.16%
5 Year
-15.56%
Best
16.97%
2019
Worst
-20.92%
2022
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 0.9% | -0.5% | -2.4% | 11.4% | -34.1% | 12.6% | -3.8% | 4.4% | - | - |
| Q2 | - | 2.8% | -18.8% | 2.1% | 24.9% | -2.4% | 6% | 1.5% | 2.6% | - |
| Q3 | - | -4.7% | -6.2% | -28.6% | 4.4% | -3.5% | 1.8% | 2.1% | 4.7% | - |
| Q4 | - | 15% | 6.4% | 8% | 27.3% | 8.5% | -17.5% | 5.6% | 6.7% | - |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.9% | 5% | - | - | - | - | - | - | - | - | - | - |
| 2023 | 9.6% | -3.1% | -6.4% | -1.8% | -3.8% | 8.8% | 6.5% | -5.7% | -5.1% | -8.5% | 8.1% | 14.4% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1% | 10% | -21% | -12% | 9% | 17% | -17% | 15% | 0% | 0% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| MOVRX | 1% | 10% | -21% | -12% | 9% | 17% | -17% | 15% | - | - |
| Russell 2000 Index | - | - | -26% | 14% | 18% | 24% | -12% | 13% | 19% | -6% |
| Alpha | 1% | 10% | 5% | -26% | -9% | -7% | -5% | 2% | - | - |