International Small Companies Strategy - Overview
- Long-term capital appreciation through investments in equity securities of small companies based outside the United States. Companies considered to be small are those with market capitalizations below US $3 billion.
- Large universe of quality companies
- Emphasis on companies in competitive niches
- Risks are managed through careful diversification across geographies, sectors, industries, and currencies
- Low portfolio turnover
- Portfolio diversification – low correlations with large cap stocks
- Capitalize on research information inefficiencies