Investment Objective
Our goal in the ATManaged Mid Cap Core portfolio is to provide superior risk-adjusted returns and long-term capital appreciation investing primarily in medium sized companies and to outperform relative benchmarks such as the S&P 400 Index and the Russell Mid Cap Index over a full market cycle. Click here to request a full composite fact sheet.

Philosophy

• Focused portfolio of medium sized companies with an average market cap between $3 - $10 billion
• Seek companies that are creating true economic value in their business
• Identify companies that are undervalued relative to future economic growth expectations
• Combine quantitative and company level research to identify the sustainability of our value expectations
• Quantify management’s ability to manage capital and growth
• Sell decisions based on over-valuation, deterioration of value drivers, and/or better candidates
• Risk control through sector diversification and active management
• Through our diverse selection process, combining both growth and value companies, portfolios are designed to provide core equity exposure in the mid cap space

• Focused portfolio of 35 to 50 securities
• Average Market Cap of less than $10 billion
• Diversified across most economic sectors
• Active sector strategy applying over/under weight positions based on secular market trends
• Turnover range of 35-60%
• Active cash strategy, typically not to exceed 15%