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 AG Asset Management
 Russell 2000
Portfolio Management Team
Chris Fasciano
Susan Hager, CFA
Tim Buckley, CFA
Ray Lewis, CFA
Mike Evans, CFA
Sam Lee, CFA
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| Company |
1Q '08 | 1 Year | 3 Years | 5 Years | 7 Years | 10 Years |
| AG Asset Management |
-3.3% | -12.4% | 7.1% | 17.1% | 9.9% | 8.2% |
| Russell 2000 |
-9.9% | -13.0% | 5.1% | 14.9% | 7.6% | 5.0% |
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Our small cap core equity strategy employs a relative value approach which identifies companies at the low end of their historical valuation range or low compared to similar companies. We believe the small cap markets are inefficient and are becoming more so as Wall Street downsizes its research departments. We exploit this inefficiency with intense fundamental research and bottom-up stock picking. Our investment process incorporates three phases:
Determine reward/risk valuation for stocks within our universe.
Given a compelling valuation, research the stock for potential catalysts.
Assess Management only if we believe that management can execute will the stock be added to our portfolio.
Our research-intensive, bottom up investment approach has been consistent since the product founding in 1990. For more than sixteen years we have focused on small capitalization companies and have done extensive on-site visits, interviews, and built earnings models for hundreds of companies in our defined space which we believe gives us a competitive edge and will help us continue to produce superior results over a market cycle.
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