Small / Mid Cap Growth

Strategies

Our SMA strategies are designed to capture growth based on earnings quality, proven competitive advantages, and reasonable valuation. We consider these factors to be the underpinnings of success—the kind of success that is unlikely to disappear overnight.

Oak Ridge Small / Mid Cap Growth

Our Small / Mid Cap Growth strategy is intended to outperform the Russell 2000 Growth Index over the long term while taking less risk. It focuses on fast-growing, profitable companies with market capitalizations between $250 million and $4 billion at the time of initial selection. Its accounts stay fully invested and typically hold 40-65 stocks. The strategy is available through our privately managed accounts.

Performance

Yearly Returns Composite—as of March 31, 2017*

2017 YTD 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Return “Pure” Gross** of Fees (%) 4.80 3.88 -2.78 5.74 41.04 12.13 2.72 31.55 26.83 -30.44 12.58
Return Net of Fees (%) 4.48 2.59 -3.95 4.49 39.40 10.77 1.46 29.94 25.22 -31.40 11.11
Russell 2000 Growth (%) 5.35 11.32 -1.38 5.60 43.30 14.59 -2.91 29.09 34.47 -38.54 7.05
Russell 2000 (%) 6.25 9.73 -4.41 4.89 38.82 16.35 -4.18 26.85 27.17 -33.79 -1.57

Period Returns Composite—as of March 31, 2017*

Quarter 1 Year 3 Years*** 5 Years*** 10 Years*** Since Inception***
Return “Pure” Gross** of Fees (%) 4.80 12.58 4.40 10.62 8.89 13.74
Return Net of Fees (%) 4.48 11.18 3.13 9.30 7.55 12.31
Russell 2000 Growth (%) 5.35 23.03 6.72 12.10 8.06 8.15
Russell 2000 (%) 6.25 19.77 7.23 12.17 8.47 9.71

Summary

Top 10 Holdings (%) as of March 31, 2017*

Middleby 4.6 Ligand Pharma 2.8
EPAM Systems 3.1 Omnicell 2.7
Watsco 3.1 MAXIMUS 2.6
Pool Corp. 3.1 Spectranetics 2.5
A.O. Smith 3.0 Burlington Stores 2.5
Total 30.0%

Characteristics as of March 31, 2017*

Oak Ridge Russell 2000 Growth
Median Market Cap $2.8 B $993 mm
Wtd Avg. Market Cap $3.9 B $2.4 B
Average Dividend Yield 0.4% 0.8%
5-yr Trailing EPS Growth 12.1% 10.4%
P/E (12-Mo. Forward) 23.2 20.9
Trailing 1-Year Turnover 27% N/A

Sector Weightings

Oak Ridge Small / Mid Cap Growth

Russell 2000 Growth

*Click for Small / Mid Cap Growth Disclosure

** The “pure” gross of fees performance results reflect the asset-weighted performance of accounts (including cash reserves) managed for the period and do not reflect the deduction of any wrap fees or fees in lieu of commissions on wrap-fee accounts or any advisory fees on the accounts, but do reflect the deduction of trading commissions for separately managed accounts. “Pure” gross of fees returns are supplemental to net returns.

*** Annualized

Sector Weightings and Fundamental Characteristics Source: The Bank of New York Mellon Corp. (S&P GICS classification)

WHAT IS THE
OAK RIDGE WAY?

We aim to deliver long-term, growth-oriented strategies you can stay comfortably invested in, regardless of market conditions.

WHAT DRIVES US

We believe earnings growth is at the root of future share price appreciation. And we invest accordingly.