MID CAP VALUE
The CRM Mid Cap Value strategy began in January 1998. This strategy is offered as a separate account and mutual fund (Tickers: CRIMX, CRMMX). Currently this strategy is soft-closed to new separate account investors.
-
Inception
1998 -
Assets Under Management
$6.0 billion -
Managers
Jay Abramson & Chip Rewey
The Mid Cap Value strategy is designed for an investor to capture investment returns in a concentrated market capitalization range of stocks, from approximately $1 to $12 billion. The investment philosophy and process is identical for our traditional products.
Supported by an experienced team of investment professionals, the portfolio managers make judgments about the relative attractiveness of various securities in selecting stocks for the portfolio. This strategy typically will be invested in 50 to 60 stocks. Although the portfolio is built from the bottom up, stock-specific risks, sector weightings and risk/reward characteristics are all taken into account in the portfolio construction process.
Strategy Details
Annual Returns
| Year | Mid Cap Value Gross |
Mid Cap Value Net |
Russell MidcapV |
Russell Midcap |
|---|---|---|---|---|
| 2011 | -6.16 | -6.60 | -1.38 | -1.55 |
| 2010 | 19.40 | 18.69 | 24.75 | 25.48 |
| 2009 | 29.60 | 28.78 | 34.21 | 40.48 |
| 2008 | -34.31 | -34.72 | -38.44 | -41.46 |
| 2007 | 11.16 | 10.50 | -1.42 | 5.60 |
| 2006 | 18.37 | 17.67 | 20.22 | 15.26 |
| 2005 | 10.14 | 9.52 | 12.65 | 12.65 |
| 2004 | 26.18 | 25.55 | 23.71 | 20.22 |
| 2003 | 42.35 | 41.55 | 38.07 | 40.06 |
| 2002 | -15.35 | -15.99 | -9.65 | -16.18 |
| 2001 | 17.44 | 16.41 | 2.33 | -5.62 |
Annualized Returns
| Mid Cap Value Gross |
Mid Cap Value Net |
Russell MidcapV |
Russell Midcap |
|
|---|---|---|---|---|
| Q4'11 | 9.58 | 9.56 | 13.37 | 12.31 |
| YTD | -6.16 | -6.60 | -1.38 | -1.55 |
| 1 Yr | -6.16 | -6.60 | -1.38 | -1.55 |
| 3 Yr | 13.23 | 12.55 | 18.19 | 20.17 |
| 5 Yr | 1.18 | 0.56 | 0.04 | 1.41 |