Advisors Capital Small/Mid Cap Fund (ACSMX)

Overview

The described company operates as an investment fund focused on small- to mid-cap companies, primarily in the United States but also considering foreign issuers. The fund's strategy is to invest a minimum of 80% of its assets in companies that are perceived to have competitive advantages, conservatively structured finances, and promising growth in free cash flow. The fund's approach is long-term, emphasizing investments in companies they assess as being undervalued yet having dynamic business models and competent, honest leadership. This strategy is grounded in the belief that such companies offer the best potential for rewarding investments over time.

Products and Services

The fund offers a variety of investment products and services designed to meet the needs of individual and institutional investors seeking exposure to small- and mid-cap markets:

• Small-Cap and Mid-Cap Equity Investments: These are the fund's primary offerings, targeting companies with small to medium market capitalizations that demonstrate potential for growth and sustainability. The investment preference is for entities with sound management teams, clear competitive advantages, and robust cash flow potentials, aiming to generate long-term value for investors.
• US and International Equity Exposures: While the fund primarily focuses on companies within the United States, it extends its investment scope to include foreign issuers that align with the fund’s investment philosophy. This strategy enables diversification across geographies, potentially mitigating risks associated with market volatility and providing a broader spectrum of investment opportunities.