Teton Westwood Mighty Mites Fund Class AAA (WEMMX)

Overview

The fund is a specialized investment vehicle focusing on micro-cap companies, those with a market capitalization of $500 million or less at the time of the fund's initial investment. It targets entities that seem undervalued compared to their private market value—an estimate of what informed investors would pay for the company. This unique approach underscores a strategy that prioritizes potential growth and value realization in less visible, smaller market segments. Additionally, the fund's strategy includes a global perspective, allowing for up to a quarter of its total assets to be allocated to foreign securities, embracing European Depositary Receipts (EDRs) and American Depositary Receipts (ADRs) to diversify and potentially enhance returns.

Products and Services

• Investment in Micro-Cap Companies:

  The fund specifically targets micro-cap companies that are assessed to be undervalued relative to their private market value. By focusing on these smaller firms, the fund seeks to capitalize on growth opportunities and valuation adjustments that might not be recognized by the broader market.

• Analysis of Private Market Value:

  Utilizing an in-depth analysis to determine the private market value of targeted companies, the fund aims to identify investment opportunities where the potential for upward valuation adjustment exists. This approach is predicated on understanding what informed investors would be willing to pay to acquire the company outright, providing a unique metric for value investment.

• Global Investment Opportunities:

  Recognizing the value in diversification, the fund allocates up to 25% of its assets to foreign securities. This includes both European Depositary Receipts (EDRs) and American Depositary Receipts (ADRs), allowing investors access to growth opportunities across global markets, which can mitigate risk and potentially provide a hedge against domestic market volatility.