Approach

Ranger seeks to exploit the structural inefficiencies inherent to the small and mid capitalization segments of the equity markets.

Ø      Small capitalization companies typically attract less institutional sponsorship and Wall Street coverage than large capitalization companies.

      *Source: Merrill Lynch Small-cap Research
 

Ø     The Small-Cap investment universe is much broader than those of mid and large capitalization companies. In aggregate, there are more than 4,400 companies with capitalization that is less than $2 billion (“Small-Cap”). Alternatively, there are only 580 companies with capitalizations between $2 billion and $10 billion (“Mid-Cap”) and only 300 companies with capitalizations greater than $10 billion (‘Large-Cap”). *

* Source:  William O’Neil Direct Access (WONDA)

Ø      Rapid growth often makes small and mid capitalization companies more dynamic and valuation less efficient.

Ranger implements its rigorous bottom-up, fundamental research process to exploit small and mid cap market inefficiencies in order to discover high quality growth companies whose true value has yet to be fully realized by the markets and, thereby, outperform both its peers and benchmarks.