Mid Cap Growth

Equity

Mid Cap Growth

Focused on companies with strong projected earnings growth

Looking modern office building from below.

Overview

We seek to capture inflection points in growth rates or the business model, looking for companies transitioning from early-stage growth to a more mature, seasoned level of performance
We look for companies with average EPS growth, sustainable and/or improving growth over the investment horizon, strong business fundamentals, and stable and enduring franchise value
Valuation is important, as we think the market often under-appreciates the performance of steady growth companies

Characteristics & Performance

Composite Inception	12/31/1996
Strategy AUM	$2.5 Billion as of 12/31/24
Benchmark	Russell Midcap® Growth
Holdings Range	Typically 60 – 80
Max. Position Size	Typically 4%
Turnover	30 – 50% under normal market conditions
Active Share	Typically >70%
Cash	<5%

Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Periods greater than one year are annualized. Please refer to the GIPS presentation, which includes fee information and criteria for composite performance creation.