The Hillcrest Small Cap Value strategy utilizes the firm’s behavioral investment process to generate sustainable active returns over the Russell 2000® Value Index. The strategy offers a relative value orientation and holds a focused set of positions to U.S. listed small capitalization equities that offer compelling fundamentals and an attractive risk/reward profile.

Portfolio Characteristics

Benchmark Russell 2000® Value Index
Number of Holdings: ~ 50
Sector Weights: -5% to +5% of Russell 2000® Value Index weights
Minimum Sector Weight: 0%
Initial Position Size: 1.5% to 2.5%
Turnover: 25% to 50% annually
Liquidity: Appropriate portion of average daily volume assuming $2 billion in strategy