Crawford Small Cap

The Crawford Small Cap Strategy seeks total return in a less efficient area of the stock market while at the same time attempting to exploit a behavioral bias amongst investors.

Investment Philosophy

• We believe that a company’s dividend history is a key initial indicator of quality and seek to invest in companies with a demonstrated history of consistent and growing dividends.
• Our fundamental, bottom-up investment process is focused on uncovering small cap companies with differentiated business models, strong balance sheets, consistent cash flow generation, high returns on invested capital, effective management, and shareholder-friendly capital allocation.
• The goal of our long-term investment process is to construct a diversified portfolio capable of participating in up markets while significantly protecting capital in down markets.
  

Strategy Overview

• Focused, yet well-diversified portfolio comprised of our best ideas is constructed with 60 - 80 holdings
• Sector exposure limited to the greater of two times the Russell 2000 Index sector weighting or 25%
• The focus on stable, high-quality companies is a structural risk control component of the investment process