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Investment Strategy

The Fund’s investment manager uses a value-oriented investment approach to small and mid-cap global equities that seeks to identify and invest in quality businesses that create significant value but are mispriced, overlooked and out-of-favour. The investment manager believes that unique opportunities exist due to limited available research, corporate actions ,unfavourable investor perception or other special circumstances.

The investment manager conducts independent analysis to generate its own investment ideas. Investment opportunities must meet the following 5 criteria to be considered for inclusion in the portfolio:

  • A durable competitive advantage
  • Management alignment with minority shareholders
  • Strong corporate governance policies
  • Balance sheets that enable the company to self-fund if the credit markets temporarily close
  • Compelling valuations based on the company’s long-term cash flow generating potential

Performance History & Investor Reports

Global Small Companies Fund Vs. MSCI ACWI SMID Index

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* Total return performance figures are derived from Managers’ records and are shown after all fees and expenses, and assume reinvestment of distributions. Investments can go up and down. Past performance is not a reliable indicator of future performance. Inception date: 1 April 2015

Investment Team

  • Leah Zell, PhD, CFA

    Chief Investment Officer

  • Jonathan Moog, CFA, MBA

    Portfolio Manager

  • David Li

    Portfolio Manager

  • Michael (Mickey) Ryan

    Research Analyst

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