SMID Opportunities Fund
Equity Funds

  • a Shares (SMDPX)
    Inception: 09.30.2016
  • c Shares (SMDQX)
    Inception: 09.30.2016
  • i Shares (SMDOX)
    Inception: 09.30.2016

Fund Overview

Philosophy and Process

To pursue its investment objective of long-term capital appreciation, the Fund normally invests principally in equity securities and will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in the securities of small or middle capitalization companies (commonly referred to collectively as "SMID"). Small or middle capitalization companies are defined as companies with market capitalizations within the range of those companies in the Russell 2500™ Index at the time of purchase.

The Fund invests, under normal market conditions, primarily in domestically-traded U.S. common stocks and U.S.-traded equity stocks of foreign companies, including ADRs. The Fund uses a multi-style approach, meaning that it invests across both value- and growth-oriented companies targeting SMID-capitalization levels.

Investment Considerations

The newly formed fund has no operating history to evaluate and the risk that it may not attract sufficient assets to achieve or maximize investment and operational efficiencies. The Fund uses a multi-style approach and invests in both growth and value-oriented companies. A growth investment style may be particularly sensitive to market conditions. Value investing involves the risk that an investment made in undervalued securities may not appreciate in value as anticipated or remain undervalued for long periods of time.

The Fund invests in small and middle capitalization companies which may be riskier, more volatile and vulnerable to economic, market and industry changes than investments in larger more established companies. As a result, share price changes may be more erratic or trade less frequently in lesser quantities.

Fund Facts
Class A Shares Class C Shares Inst'l Shares
Ticker SMDPX SMDQX SMDOX
Inception Date 09/30/2016 09/30/2016 09/30/2016
Investment Minimum $1,000.00 $1,000.00 $1,000,000.00
Subsequent Investment Minimum* $0.00 $0.00 $0.00
Max. Up Front Sales Charge 5.75% N/A N/A
Max. Deferred Sales Charge N/A 1.00% N/A

*If subsequent investments are made as part of an AIP, the minimum is $25.

Management

Performance

Average Annual Total Returns as of (03/31/2017)
Class A Shares Class C Shares Inst'l Shares
without sales charge with 5.75% sales charge without sales charge with 1.00% sales charge
3 Months 7.37% 1.17% 7.18% 6.18% 7.36%
YTD 7.37% 1.17% 7.18% 6.18% 7.36%
1 Year 0.00% 0.00% 0.00% 0.00% 0.00%
3 Years 0.00% 0.00% 0.00% 0.00% 0.00%
5 Years 0.00% 0.00% 0.00% 0.00% 0.00%
10 Years 0.00% 0.00% 0.00% 0.00% 0.00%
Since Inception 12.28% 5.83% 11.90% 10.90% 12.44%
View more archived data

Performance Summary

Characteristics

Top 10 Holdings
as of (12/31/2016)
NameValue
Ball Corp.4.01%
Gentex Corp. 3.90%
Ingredion, Inc.3.86%
VCA, Inc.3.86%
Global Payments, Inc.3.80%
CarMax, Inc.3.75%
AmerisourceBergen Corp.3.73%
Aramark3.61%
Kansas City Southern3.58%
PulteGroup, Inc.3.38%

Current and future portfolio holdings are subject to change and risk.Based on
Market Value of securities.

Current and future portfolio holdings are subject to change and risk.

Statistics

Portfolio Ratios
as of (03/31/2017)
P/E Ratio 24.67
P/B Ratio 3.60
Annual Turnover 17%

 


Sterling Capital Funds are:

Not a deposit - Not FDIC insured - Not guaranteed by the bank - Not insured by any government agency - May lose value

An investor should consider a fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the Sterling Capital Funds can be found in the Funds' prospectus. To obtain a prospectus, please call 1 (888) 228-1872 or click here. Please read the prospectus carefully before investing.

Sterling Capital Management LLC, a separate subsidiary of BB&T Corporation, serves as investment adviser to the Sterling Capital Funds and is paid a fee for its services as described in the prospectus. The Funds are distributed by Sterling Capital Distributors LLC, which is not affiliated with Branch Banking and Trust Company or its affiliates. The Funds are not insured by the FDIC or any other government agency