U.S. Value Equity

What We Believe

We believe that pricing inefficiencies exist in small- and mid-cap stocks such that quality companies can temporarily trade below their intrinsic value. This valuation discrepancy tends to be rationalized over time. By maintaining a strong valuation discipline, with a strict focus on quality companies, we believe we are rewarded for our stock selection, conviction, and patience.

Strong investment timing has been a key factor to our success. Our focus is to nimbly identify profitable entry and exit points of quality companies.

Why This Matters

Research has shown that historically, small- and mid-cap value stocks have been among the best- performing asset classes over time.

Both value and small- and mid-cap company risk premiums have amply rewarded investors over the long term. Our view is that most investors can benefit from the attractive long-term capital appreciation potential that a strategic allocation to small- and mid-cap value equities has offered. We believe that investors are well served and can improve their long-term prospects by investing with an active manager in this space.