The Anchor Small-Cap Value product offers investors access to what we believe is a less efficient segment of the market. We believe that unique opportunities can arise among smaller companies that receive less institutional research coverage and less scrutiny. Applying our value discipline to purchases affords better potential for appreciation and helps to reduce overall portfolio risk. The goal of the product is to achieve a superior return to the Russell 2000 Value index, which is the product's benchmark, while offering lower absolute risk than the index. |
Small-Cap History
The Small-Cap Value product was incepted on July 1, 2002. The Small-Cap Value discipline targets stocks with market capitalizations between $50 million and $1.5 billion. Small-Cap Value portfolios contain 60-80 holdings on average, broadly diversified across major sectors, and expected turnover ranges from 25% to 50%. Typically, the product has a higher yield and lower P/E ratio than its benchmark index. |
