Investment Strategies ■ Small Cap Value
Cooke & Bieler’s Small Cap Value strategy has a performance record of over 4 years (since August 2008). For performance purposes, we view the Russell 2000 Value Index as the primary benchmark.
We seek to outperform the benchmark by 150-200 basis points over the longer-term (five years or a market cycle). The expected pattern of results is to perform well in normal markets, exceptionally well in difficult or down markets, yet lag in exceedingly strong up markets.
The Cooke & Bieler Investment Team, utilizing a research intensive process, supports all of the firm’s strategies including Small Cap Value. Our bottom-up emphasis results in a “stock picker's” portfolio. As with all Cooke & Bieler strategies, we follow a “high quality, low risk” approach, resulting in a diversified, fairly concentrated (40 - 60 stocks) portfolio with 40% - 60% annual turnover.
