U.S. Small Cap Core Equity
Objective

The U.S. Small Cap Equity Strategy seeks long-term capital appreciation.

Investment Strategy
Team
Portfolio Guidelines
Characteristics As Of December 31, 2022
Sector Weights
CharacteristicsStrategyRussell 2000
Strategy Assets ($ Million)89.30-
Number of Holdings1701948
Beta*0.941.00
Standard Deviation* (%)0.250.26
Market Cap. ($ Billion)1.762.54
Price to Trailing Earnings13.2216.62
Price to Cash Flow9.5512.49
Price to Book1.822.15
Enterprise Value to Sales1.262.53
Debt as % of Assets22.2625.86
Return on Equity (%)17.6310.33
* Beta & Standard Deviation 36 months
Top 10 HoldingsTickerWeight
US DOLLARUSD1.62%
TITAN MACHINERY INCTITN1.55%
PROPETRO HOLDING CORPPUMP1.33%
ELF BEAUTY INCELF1.30%
LIBERTY ENERGY INCLBRT1.25%
TALOS ENERGY INCTALO1.15%
INTERNATIONAL MONEY EXPRESSIMXI1.11%
GROUP 1 AUTOMOTIVE INCGPI1.09%
MUELLER INDUSTRIES INCMLI1.07%
PJT PARTNERS INC - APJT1.07%
Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Risk Statistics
Since Inception (March 01, 2021) Risk Statistics Strategy Russell 2000
Annualized Return -3.39% -10.36%
Annualized Standard Deviation 18.51% 19.53%
Return/Risk -0.18 -0.53
Tracking Error 5.16% -
R-Squared 93.05% -
Alpha 6.46% -
Beta 0.91 -

Compliance Statement

Performance numbers for the most recent period are preliminary and subject to change. Returns for periods of less than one year are not annualized. Past performance is not a reliable indicator of future performance and should not be relied upon to make investment decisions. Investing involves risks including the possible loss of principal and fluctuation in value. Performance includes the reinvestment of dividends and other earnings.

Performance figures are presented net of fees or both gross and net. In some instances, fees deducted are actual, in other instances, fees deducted are the highest charged in the composite/portfolio. Actual fees may vary depending on, among other things, the applicable fees schedule and portfolio size. SGI fees are available upon request and may also be found in Part 2A of its Form ADV.

Composite returns are calculated from account-level returns based on account membership in the composite during the daily holding period and applying a beginning asset-weighted methodology to each account. Performance includes the reinvestment of dividends and other earning. Investing involves risks including the possible loss of principal and fluctuation in value. The volatility of the indices may be materially different from the individual performance attained by a specific investor. In addition, SGI’s holdings may differ significantly from the securities that comprise the indices. The indices have not been selected to represent an appropriate benchmark to compare an investor’s performance, but rather are disclosed to allow for comparison of the investor’s performance to that of certain well-known and widely recognized indices. You cannot invest directly in an index.

For a GIPS-compliant composite presentation, see this Fact Sheet:

Total Returns As Of December 31, 2022

Past performance does not guarantee future results.
*Inception Date: March 01, 2021

Small Cap Core Strategy Excess Returns Vs. Russel 2000 Index (Monthly)

Past performance does not guarantee future results. Performance for rolling periods other than monthly are different and are available upon request. The monthly rolling periods are calculated based on the strategy return minus the benchmark return. Outperformance is not indicative of positive absolute performance. Rolling periods calculated monthly since inception.

Compliance Statement

Performance numbers for the most recent period are preliminary and subject to change. Returns for periods of less than one year are not annualized. Past performance is not a reliable indicator of future performance and should not be relied upon to make investment decisions. Investing involves risks including the possible loss of principal and fluctuation in value. Performance includes the reinvestment of dividends and other earnings.

Performance figures are presented net of fees or both gross and net. In some instances, fees deducted are actual, in other instances, fees deducted are the highest charged in the composite/portfolio. Actual fees may vary depending on, among other things, the applicable fees schedule and portfolio size. SGI fees are available upon request and may also be found in Part 2A of its Form ADV.

Composite returns are calculated from account-level returns based on account membership in the composite during the daily holding period and applying a beginning asset-weighted methodology to each account. Performance includes the reinvestment of dividends and other earning. Investing involves risks including the possible loss of principal and fluctuation in value. The volatility of the indices may be materially different from the individual performance attained by a specific investor. In addition, SGI’s holdings may differ significantly from the securities that comprise the indices. The indices have not been selected to represent an appropriate benchmark to compare an investor’s performance, but rather are disclosed to allow for comparison of the investor’s performance to that of certain well-known and widely recognized indices. You cannot invest directly in an index.

For a GIPS-compliant composite presentation, see this Fact Sheet:

Fact Sheets
SGI Small Cap Growth 2022 Q2
Commentary
Quarterly Market Commentary
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