SMALL CAP GROWTH
The Summit Creek Advisors Small Cap Growth strategy has been run by Joe Docter, CFA and Adam Benson, CFA as co-portfolio managers since inception on December 1, 2006.
The initial universe consists of stocks with market caps between $250 million and $6.0 billion (based on the highest market capitalization from the annual Russell 2000 Growth Index rebalancing process) at the time of purchase. Purchase candidates are generated through FactSet screening, investment conferences, company visits, and meetings with industry analysts. As a team, we utilize the judgment developed over our years of experience to identify the 45-55 most suitable companies to be included in the portfolio.
In addition to separately managed accounts, we also offer a Collective Investment Trust vehicle for our Small Cap Growth Strategy. UMB Fund Services is the provider with Comerica Bank as the Trustee.
PERFORMANCE
As of March 31, 2024
Returns less than one year are not annualized. Performance is preliminary and is before custodial fees, after all trading costs and includes the reinvestment of dividends and other earnings. Net performance is after advisory fees in the amount of 1% annually. References to market indices or benchmarks over a specified period of time are provided for informational purposes only and do not imply that the strategy will achieve similar returns, volatility or other results.
Source: Advent and Interactive Data.
PORTFOLIO CHARACTERISTICS
As of March 31, 2024
Note: 1) Earnings and Revenue growth rates, and P/E ratios, are truncated at 70 for Summit Creek Portfolio growth calculation.
2) Summit Creek Return on Equity based on non-GAAP earnings utilizing Summit Creek estimates and FactSet data. Russell 2000 Growth metrics supplied by FactSet.
3) Russell 2000 Growth P/E supplied by FactSet company valuation charts Price/Earnings FY 1 and FY 2.
4) Return Volatility information provided by eVestment.