VALUE ADDED PERFORMANCE THROUGH A HIGHLY DEFINED, RISK CONTROLLED PROCESS

Small Cap Value, Midcap Value, SMID Cap Value

The Small Cap Value, Midcap Value, and SMID (Small/Mid) Cap Value strategies reflect our belief that attractive returns can be achieved over a full market cycle within the small and mid- capitalization universes by combining a systematic quantitative approach with traditional fundamental analysis. The Equity Investment Team manages the client portfolios utilizing a clearly defined, highly disciplined process. Our investment process is designed to create diversified portfolios of equity securities with attractive valuations that also exhibit positive earnings trends. Our emphasis is on creating stable portfolios with modest turnover.more