Teton Westwood SmallCap Equity Fund Class AAA (WESCX)

Overview

This specific investment vehicle is focused on smaller companies, primarily selecting stocks that fall within a defined range of market capitalizations. It emphasizes firms with a market value between $100 million and $2.5 billion at the time of initial investment, indicating a strategy that leans towards small-cap equity investments. The fund's strategy also includes the possibility of leveraging borrowings to meet its investment objectives, suggesting a proactive approach to asset management. With an allocation allowance of up to 25% in foreign securities, including European Depositary Receipts (EDRs) and American Depositary Receipts (ADRs), the fund demonstrates a diversified and global outlook towards investment, balancing domestic small-cap exposure with international opportunities.

Products and Services

The fund offers a diverse range of investment products and services tailored to investors seeking exposure to smaller companies with growth potential. Below are the key offerings:

• Portfolio of Common Stocks: The core of the fund's investment strategy revolves around holding a diversified portfolio of common stocks of smaller companies. By focusing on companies with market capitalizations between $100 million and $2.5 billion, the fund aims to tap into the growth potential of small-cap stocks, which are often less followed by the investment community and may offer attractive investment opportunities.

• Foreign Securities Investments: Up to 25% of the fund’s total assets may be allocated to foreign securities. This component of the fund’s strategy seeks to enhance returns and diversify risk through international exposure. Investments in foreign markets can bring benefits derived from currency fluctuations, as well as the growth dynamics of foreign economies, offering a broadened investment horizon.

• European and American Depositary Receipts (EDRs/ADRs): The inclusion of EDRs and ADRs within the fund's investment scope allows investors an accessible route to owning foreign securities. These instruments represent shares in foreign companies but are traded on U.S. and European stock exchanges, thus combining the benefits of foreign equity with the convenience of trading in local markets. This approach mitigates some of the complexities and costs associated with international investing.