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Jantz Morgan Small Cap Value Portfolio
Jantz Morgan’s Small Cap Value Portfolio (JM Small-Cap Value) is a socially neutral portfolio, holding positions in from 75 to 85 equities selected from the S&P 600.
Leveraging the same underlying stock selection process as our JM Value portfolio, JM Small-Cap Value is designed to deliver high active return rather than track its benchmark. Consequently, the long-term result is a potentially higher average level of return then either our JM Value and JM Mid-Cap portfolios, or the S&P 600 Index, at a level of risk designed to be approximately that of an S&P 600 index fund.
As with our other products, JM Small-Cap Value is sector agnostic; allowing the fund to capture the full benefit of market mispricings without regard to industry sector. Risk is reduced through diversification by holding positions in a significant number of S&P 600 equities. The position weights vary over time to improve performance under different market conditions. Finally, gains are harvested based on monthly re-evaluations of the entire S&P 600.
Performance
Based on analysis of the portfolio’s real and simulated histories, the current performance is what we would expect as the current recession wanes. As the current financial crisis is resolved, the portfolio should continue to outperform. The full history of the portfolio is presented in our most recent performance fact sheet; it is available upon request. Please contact us for more information.
| Jantz Morgan Small Cap Value Portfolio Performance Comparison |
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YTD1 |
1 Year |
3 Year |
5 Year |
Since Inception2 |
| JM Small Cap |
7.75% |
32.74% |
-4.77% |
1.94% |
4.14% |
| S&P 600 |
-0.88% |
23.63% |
-7.64% |
0.82% |
2.84% |
| Active Return |
8.63% |
9.11% |
2.87% |
1.12% |
1.30% |
| Returns for periods of 1 year or greater are annualized. |
| 1 December 31, 2009 through June 30, 2010. |
| 2 June 30, 2004. |
| * 2004 was a partial year, June 30, 2004 through December 31, 2004. |
- S&P 600 return is the total return to the S&P 600 Index, which includes reinvestment of dividends. The data is as reported by Standard and Poor's.
- Jantz Morgan Small Cap Portfolio results reflect 100% reinvestment of dividends and are net of fees. They are derived from a representitive portfolio. Individuals' own investment results could differ based upon market and economic conditions. Active return differences may appear off due to rounding.
- All results are dependent upon market and economic conditions, had economic and market conditions differed, the results would have been different as well.
- Investing entails risk, and while there is potential for profit, there is also potential for loss.
- Past performance is not necessarily indicative of future performance.
- Please see our other important disclosures related to the information provided.
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