Davenport Small Cap Focus Fund (DSCPX)

Overview

This investment fund primarily focuses on allocating a significant portion of its assets towards small capitalization companies through direct investments in common stocks and through shares of registered investment companies (RICs) that also invest in small cap entities. The underlying investment strategy is propelled by the belief in the potential of these small cap companies to achieve substantial capital appreciation. The fund's approach dictates that at least 80% of its net assets, including borrowed amounts for investment purposes, are dedicated to such investments, showcasing a strong commitment to the small cap sector.

Products and Services

• Investments in Small Capitalization Companies

  The fund is primarily engaged in investing directly in the common stocks of small capitalization companies. This facet of the fund's strategy is aimed at identifying and investing in small companies that exhibit the potential for robust growth and significant capital appreciation over time. The focus on small cap stocks is grounded in the belief that these companies, often undervalued or overlooked by the larger investment community, offer substantial opportunities for growth.

• Investments through Registered Investment Companies (RICs)

  In addition to direct investments in small cap stocks, the fund also invests in shares of registered investment companies that primarily focus on small capitalization companies. This dual-strategy allows for diversified exposure to the small cap sector, leveraging the expertise of specialized RICs that have a similar investment focus. By investing in a combination of direct small cap stocks and RICs that also target this segment, the fund aims to maximize potential returns for its investors while managing investment risk.