Hood River Small-Cap Growth Fund Institutional Class (HRSMX)

Overview

The fund is aimed at investors seeking growth by leveraging the potential of small-cap U.S. corporations. With a strategic focus on investing in common stocks that Hood River identifies as either demonstrating strong growth characteristics or being undervalued relative to their profitability, the fund positions itself as a vehicle for tapping into the overlooked segments of the market. By adhering to a policy of allocating at least 80% of its net assets, along with any borrowings designated for investment purposes, towards these stocks, the fund ensures its commitment to its core investment thesis. The targeted market capitalization for its investments aligns with that of the S&P SmallCap 600® Index and the Russell 2000® Growth Index, indicating a clear focus on small-cap companies that promise higher growth or hold hidden value potentially unrecognised by the broader market.

Products and Services

The fund offers a structured avenue for investment in underrecognized small-cap U.S. companies with a blend of growth and value investment strategies. Below is a detailed look at its key investment approaches:

• Common Stock Investments: The primary focus lies in investing in the common stocks of U.S. corporations. These entities are carefully selected based on whether they exhibit strong growth characteristics or appear undervalued in the marketplace in relation to their underlying profitability. This dual-strategy approach allows investors to benefit from both the potential rapid growth of some companies and the undervalued opportunities in others, balancing the investment portfolio.
• Market Capitalization Focus: Investments are primarily channeled into companies whose market capitalization at the time of purchase falls within the ranges defined by the S&P SmallCap 600® Index and the Russell 2000® Growth Index. This strategic decision underlines the fund's commitment to small-cap companies, which are often less covered by analysts and, hence, may present more opportunities for growth or value investments that have not been fully recognized by the market.