Roxbury’s Small-Cap Growth (Portland Team) strategy seeks long-term capital appreciation by investing in stocks with market capitalizations below $2 billion with strong growth characteristics and attractive pricing relative to underlying profitability.

The research process begins by screening a universe of stocks with future expected earnings growth of greater than 15%. Our experienced management team then performs fundamental analysis to identify companies with growing revenues, stable or expanding margins, emerging industry leadership positions, low debt levels, solid cash flows, and high or potentially high returns on capital.

Additional research is applied to the most promising candidates to uncover those companies with dominant competitive positions, positive business and market trends, and solid management teams that are committed to enhancing shareholder value.

In addition to having an attractive valuation, a company becomes a purchase candidate only if the portfolio managers are convinced there is a catalyst in place to provide for at least 15% stock price appreciation over the next 12 months.

The Small-Cap Growth (Portland Team) strategy typically consists of 60 to 90 stocks. Individual stock positions are limited to a maximum of 5% and sector concentrations can’t be more than 15% different than the weightings in the Russell 2000 Growth Index.

For a more complete description of the Small-Cap Growth (Portland Team) strategy’s investment approach, including the latest portfolio statistics, please download the most recent Fact Sheet .

Portfolio Managers: Steve Marshman, CFA, Robert Marvin, CFA, CPA, and Brian Smoluch, CFA