1290 Essex Small Cap Growth Fund Class I (ESCJX)

Overview

The fund specified operates with a primary focus on investing in equity securities of small- and micro-capitalization companies. By defining small-capitalization companies as those having a market capitalization less than or equal to that of the largest company in the Russell 2000® Growth Index at the time of purchase, the fund sets clear criteria for its investments. This approach indicates a strategic effort to leverage the potential high growth of smaller companies within the equity market. The fund’s strategy of allocating at least 80% of its net assets, in addition to borrowings for investment purposes, towards such companies underscores a strong commitment to this segment. This strategy is often pursued with the expectation that small- and micro-capitalization companies will offer greater growth potential compared to their larger counterparts, albeit with higher volatility and risk.

Products and Services

• Equity Investments in Small- and Micro-Capitalization Companies

At the core of its product offering, the fund invests primarily in the equity securities of small- and micro-cap companies. This investment approach is tailored to capture the dynamic growth potential and opportunities presented by these entities. By focusing on equity securities, the fund participates directly in the ownership and potential profitability of these companies. The careful selection of investments within this category is critical, as it involves assessing the growth prospects, market position, and financial health of relatively smaller companies that are often less researched and understood by the broader market.