Gabelli Small Cap Growth Fund Class I (GACIX)

Overview

The fund focuses on investing a significant portion of its assets, specifically at least 80%, in equity securities of both U.S. and non-U.S. based small companies. These companies are identified by the fund as having a market capitalization of $3 billion or less at the time of the fund's investment. This strategic investment approach is driven by the objective to capitalize on enterprises poised for rapid market expansion and those predicted to exhibit above-average growth in earnings and revenue. The Advisor plays a critical role in this process, leveraging expertise to select companies believed to offer high growth potential to the fund's investors.

Products and Services

The fund's investment strategy is divided into specific products and services designed to achieve its overarching growth objectives. These include:

• Equity Securities Investment - As the primary focus, the fund allocates at least 80% of its net assets to equity securities of small companies located in the U.S. and abroad. This includes investments in common stocks of businesses that demonstrate potential for rapid revenue growth and earnings acceleration.
• Small Capitalization Company Focus - The fund specifically targets companies with a total common stock market value of $3 billion or less. This criterion for selecting investments is based on the belief that small-cap companies offer greater growth opportunities compared to their larger counterparts, primarily due to lesser market saturation and higher potential for scalability.