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 |