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Manager Commentary, 4th Quarter 2012

Portfolio Manager Michael Corbett’s take on the Fourth Quarter 2012.

  • Analysis of non-parallel special dividend issuance in microcap companies at year’s end
  • The Russell 2000 Index is at a new all-time high. What does it mean for investors?
Manager Commentary, 3rd Quarter 2012

Portfolio Manager Michael Corbett’s take on the Third Quarter 2012.

  • QE and its affect on microcap equities
  • Financials account for nearly 30% of microcap benchmark. But what does that mean for the industry?

 

Manager Commentary, 2nd Quarter 2012

Portfolio Manager Michael Corbett’s take on the Second Quarter 2012.

  • What factors have accounted for microcap index returns?
  •  “Opportunity Now:” debunking common small-cap misperceptions
Manager Commentary, 1st Quarter 2012

Portfolio Manager Michael Corbett’s take on the First Quarter 2012.

  • A 10-year comparison of our sector allocations,and what it says about investing in small companies now
  • “Buy American”: an analysis of small company sources of revenue
Manager Commentary, 4th Quarter 2011

Portfolio Manager Michael Corbett’s take on the Fourth Quarter 2011.

  • What CEOs of small businesses have done to enhance shareholder value
  • Performance and valuations segmented market capitalization
Manager Commentary, 3rd Quarter 2011

Portfolio Manager Michael Corbett’s take on the Third Quarter 2011.

  • A Look at the Numbers: Growing Companies with Falling Stock Prices
  • What market segments have driven small-cap returns
Manager Commentary, 2nd Quarter 2011

Portfolio Manager Michael Corbett’s take on the Second Quarter 2011

  • We may be seeing more pricing inefficiencies in the microcap space now than any time over the past three years
  • Three examples of “cross-over” stories and why we believe they are misunderstood by Wall Street
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The Russell 2000 Index consists of the smallest 2,000 companies in a group of 3,000 U.S. companies in the Russell 3000 Index, as ranked by market capitalization. The S&P 500 Index is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe. It is not possible to invest directly in an index. R-Squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

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