Mid Cap Growth Strategy
Overview
Benchmark: Russell Midcap® Growth Index
Inception Date: 6/30/93
We are a traditional growth manager, providing a portfolio that has true exposure to mid-cap companies. Our primary investment goal is to provide consistent, superior-to-market returns at a risk posture less than that of the Russell Midcap Growth benchmark. We believe our sound, long standing philosophy executed over different market cycles by the founding portfolio manager is a powerful combination. All team resources and effort are dedicated to our high quality growth investment style and we stay true to our investment principals regardless of the environment.
Portfolio Construction
- A concentrated portfolio of generally 50–60 stocks
- The average position is 1%–3%, not to exceed 5%
- Sector weights 75%–125% relative to the benchmark, generally limited to 30% of portfolio
Celebrating 25 Years of Success
Learn how the Growth Team has evolved and how its investment philosophy and process have stood the test of time.
Team
Performance
ALL DATA AS OF 12/31/2022
| QTR | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Mid Cap Growth (Gross) | 4.03 | -27.17 | -27.17 | 6.93 | 10.76 | 12.09 | 11.87 |
| Mid Cap Growth (Net) | 3.88 | -27.66 | -27.66 | 6.20 | 9.99 | 11.30 | 11.23 |
| Russell Midcap Growth Index | 6.90 | -26.72 | -26.72 | 3.85 | 7.64 | 11.41 | 9.60 |
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Mid Cap Growth (Gross) | 23.42 | 36.01 | 37.43 | -0.79 | 28.00 | 6.37 | -2.79 | 5.80 | 34.13 | 17.64 |
| Mid Cap Growth (Net) | 22.56 | 35.06 | 36.46 | -1.50 | 27.10 | 5.63 | -3.49 | 5.06 | 33.09 | 16.79 |
| Russell Midcap Growth Index | 12.73 | 35.59 | 35.47 | -4.75 | 25.27 | 7.33 | -0.20 | 11.90 | 35.75 | 15.82 |