Adirondack Small Cap Fund (ADKSX)

Overview

The fund is aimed at investors looking to invest in small capitalization companies that are deemed undervalued by the fund's investment advisor. These small capitalization companies are specifically those whose market capitalization falls within or below the range of companies included in the Russell 2000 Index. To achieve its investment objective, the fund commits at least 80% of its total assets to acquiring common stocks of such small capitalization companies. It also reserves the right to invest up to 15% of its total assets in sponsored ADRs (American Depositary Receipts) issued by foreign companies, providing a diversified international exposure to its investors.

Products and Services

• Investment in Undervalued Small Capitalization Companies:

The fund pursues investment in undervalued common stocks of small capitalization companies, defined as those with a market capitalization at or below the range of the Russell 2000 Index. Such investments aim to capitalize on the growth potential of these undervalued companies, potentially generating significant returns for the investors.

• Diversified Portfolio Management:

With a strategy to invest at least 80% of its assets in common stocks of small capitalization companies, the fund maintains a diversified portfolio. This approach spreads the investment across various sectors and industries within the small cap space, minimizing risk while aiming to maximize returns.

• Investment in Sponsored ADRs:

The fund allocates up to 15% of its total assets to invest in sponsored ADRs issued by foreign companies. This allows investors to diversify their investments beyond domestic markets and gain exposure to the growth potential in foreign markets, enhancing the overall investment potential of the fund.