SMID CAP GROWTH
Summit Creek Advisors established the SMid Cap Growth strategy in March of 2014. It is co-managed by portfolio managers Joe Docter, CFA, Adam Benson, CFA and John Crowther, CFA.
Our investment universe consists of stocks with market capitalizations between $250 million and $15.6 billion (based on the highest market capitalization from the annual Russell 2500 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 45-65 most suitable companies to be included in the portfolio.
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 0.9% 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 2500 Growth metrics supplied by FactSet.
3) Russell 2500 Growth P/E supplied by FactSet company valuation charts Price/Earnings FY 1 and FY 2.
4) Return Volatility information provided by eVestment.