Returns for periods less than one year are not annualized.
Past performance is no guarantee of future results. Performance figures are stated in U.S. dollars and assume dividends were reinvested for the entire period. Net performance is calculated after deducting a fee that represents the highest fee charged to any account in the composite. Gross performance does not reflect the deduction of management fees. Performance results of clients would be reduced by the firm’s management fees. For example, an account with a compounded annual total return of 10% would have increased by 159% over 10 years. Assuming an annual management fee of 0.75%, this increase would be 142%.
There is no guarantee the portfolio will meet its investment objectives. All investments involve risk, including the possible loss of principal.
Due to the limited focus of this strategy, the Scout Small Cap Strategy is more susceptible to market volatility because smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. Additionally, smaller company stocks tend to be sold less often and in smaller amounts than larger company stocks.
The Scout Small Cap Equity Composite includes portfolios that invest in companies with market capitalizations, at the time of purchase, similar to companies in the Russell 2000® Growth Index. The Russell 2000® Growth Index is a non-managed index that is generally considered to approximate movements in the U.S. small-capitalization stock with high growth characteristics. Small Cap portfolios are typically at least 80% invested in companies with market capitalizations less than $3 billion. The Index does not reflect management fees or transaction costs. It is not possible to invest directly in an unmanaged index. Prior to October 2013, the composite benchmark was the Russell 2000 Index.
London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2023. FTSE Russell is a trading name of certain of the LSE Group companies. Russell® is a trademark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent.
The firm is defined as Scout Investments, Inc., a wholly owned subsidiary of Raymond James Investment Management. Scout Investments claims compliance with the Global Investment Performance Standards (GIPS®). Click here to obtain a copy of the compliant GIPS presentation.
GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.