Investment Strategies / Small/Mid Cap Value

SMALL/MID CAP VALUE

The CRM Small/Mid Cap Value strategy originated with the founding of the firm in 1973. This strategy is offered as a separate account and mutual fund (Tickers: CRIAX, CRMAX). Currently this strategy is closed to new separate account investors. The mutual fund remains open to new investors.

  • Inception

    1973

  • Assets Under Management

    $2.7 billion

  • Managers

    Jay Abramson & Chip Rewey

The Small/Mid Cap Value strategy is designed to capture investment returns in a concentrated market capitalization range of stocks, from approximately $500 million to $6 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 Small/Mid
Cap Value Gross		 Small/Mid
Cap Value Net		 Russell
2500V		 Russell
2500
2009 29.22 28.35 27.68 34.39
2008 -30.98 -31.54 -31.99 -36.79
2007 9.99 9.25 -7.27 1.38
2006 20.33 19.58 20.18 16.17
2005 8.22 7.51 7.74 8.11
2004 20.45 19.60 21.58 18.29
2003 41.08 40.03 44.93 45.51
2002 -16.98 -17.56 -9.88 -17.79
2001 13.45 12.64 9.74 1.22
2000 31.62 30.63 20.79 4.27
1999 -4.71 -5.46 1.49 24.14
1998 5.24 4.53 -1.92 0.38
1997 23.48 22.50 33.09 24.36
1996 31.37 30.09 22.21 19.03

Annualized Returns

  Small/Mid
Cap Value Gross		 Small/Mid
Cap Value Net		 Russell
2500V		 Russell
2500
Q2'10 -12.48 -12.61 -10.16 -9.98
YTD -4.91 -5.20 -1.57 -1.69
1 Yr 15.52 14.81 26.46 24.03
3 Yr -6.98 -7.56 -9.26 -7.98
5 Yr 3.90 3.25 -0.09 0.98

Important Performance Information