We use proprietary screens to identify undervalued small-cap companies with sustainable growth prospects and low leverage based outside of the US.
Formed in December 2014, the International Small-Cap portfolio has delivered a 76.4% return since inception with a 1.87 Sharpe ratio. With a focus on international markets, the portfolio specializes in finding attractive small-cap companies that are trading below adjusted book value. Additional alpha is created through unique special situations.
Our portfolio managers invest in companies with strong financial positions that are trading below book value. Capital structure analyses and in-depth intelligence of local financial statements enable us to validate our book value assumptions, which limits downside risks. Our average investment holding period is two to three years. Our long-term investment horizon and 30% portfolio turnover keeps fees low, which improves returns for investors.
|Total Returns Since Inception Through December 31, 2017|
An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. Any decision to invest in Ashton Global funds should be made on the basis of the current prospectus, which is available on request at firstname.lastname@example.org. Read the prospectus carefully before investing.
All investing involves risk, including potential loss of principal. There is no guarantee that the fund will achieve its objective. Investing in smaller companies can involve risks such as having less publicly available information, higher volatility, and less liquidity than in the case of larger companies. Overweighting investments in certain sectors or industries increases the risk of loss due to general declines in the prices of stocks in those sectors or industries. Investments in technology companies may be highly volatile.