Twin Small-Cap
This concentrated portfolio seeks to outperform the Russell 2000® index over a market cycle, while taking similar or less risk than the benchmark. The strategy utilizes TWIN’s dedicated Small-Cap model to capture alpha.
Annualized Returns †, 1,
†As of 9/30/2024. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
Annual Rates of Return †, 1,
†As of 9/30/2024. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
*Inception October 2013
Strategy Characteristics 2,
TWIN Small Cap
Russell 2000® Index
Number of Holdings
157
1,983
Weighted Average Market Cap ($ Mil)
3,954
3,048
Median Market Cap ($ Mil)
1,956
854
Forecasted Tracking Error (Barra Predicted)
4.3%
-
Portfolio Beta (Barra Predicted)
0.97
-
Dividend Yield
1.3%
1.5%
Price/Earnings (Trailing 12 Months)
20.6x
19.7x
Price/Book Value
2.9x
3.3x
Annual Turnover (Trailing 12 Months)
12.5%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Small Cap
Alpha
0.4%
Tracking Error
5.2%
Information Ratio
0.07
Beta
0.87
Standard Deviation
13.0%
Sharpe Ratio
0.37
Upside Capture
90%
Downside Capture
91%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Small Cap
Russell 2000® Index
Active
Communications Services
2.4
2.5
-0.1
Consumer Discretionary
13.1
10.0
3.1
Consumer Staples
3.2
2.7
0.5
Energy
7.5
6.6
0.9
Financials
16.3
17.2
-0.9
Health Care
12.9
17.2
-4.3
Industrials
18.2
17.1
1.1
Information Technology
14.7
13.3
1.4
Materials
3.3
4.6
-1.3
Real Estate
5.7
6.0
-0.3
Utilities
2.7
2.7
0.0
2See Disclosures
