ALL CAP VALUE

The ALL CAP VALUE portfolio is designed to reflect the firm's best investment ideas from across the equity market capitalization spectrum. The ALL CAP VALUE product leverages the extensive screening and fundamental research efforts used to manage our Small Cap, SMID Cap, and Large Cap portfolios.

The All Cap Investment Team is made up of representative members from both the Small Cap and the Large Cap Teams. An investment that has been reviewed by the Small or Large Cap team is eligible for purchase in the ALL CAP VALUE Portfolio. The portfolio construction process is bottom up. A stock is sold when: 1) there is a change to our investment thesis; 2) when the security is considered to be fully valued; or 3) a more attractive investment is identified.