Small Cap Portfolio

Rockwood Small Cap Core/Value Equity Portfolio

The Small Cap Core/Value Equity portfolio invests in small capitalization U.S. (including ADRs) stocks considered to be leaders in their niche markets, undervalued in comparison to growth in cash flow and earnings prospects and on metrics consistent with valuing competing companies in their specific economic sector.  Our objective is to invest in businesses offering appreciation opportunity above the benchmarks with less risk than those of the average company within the benchmark, the Russell 2000® Value Index.

• Inception Date: March 1, 2009
• Benchmark: Russell 2000® Value Index
• Number of securities (or range): 35 – 50 securities
• Capitalization limits: Small Cap holdings will be defined as having a market capitalization of between
$200 million and $3 billion at cost.


Mid-Cap Portfolio