Small Cap Core

Approach

This strategy is an actively managed small cap core strategy driven by bottom-up fundamental research seeking high-quality companies with strong balance sheets and cash flow characteristics that are beneficiaries of sustainable growth trends. We believe bottom-up stock selection is the key driver of alpha, sector and industry experience and specialization are the keys to value-added fundamental research and positive cash flow generation and deployment drive earnings per share, and ultimately stock prices.

Key Benefits

  • Consistent philosophy and process across various market cycles
  • Disciplined, repeatable process driven by fundamental research
  • Stable, experienced investment team dedicated to small-cap equity
  • High quality holdings in terms of earnings, cash flows and balance sheet strength

Performance

Performance

As of 2/28/191 Month3 MonthYTD1yr3yr5yr10yrSince Inception (8/01/05)
Composite Gross4.832.3117.040.6014.658.1216.809.44
Composite Net4.762.0916.89-0.2513.697.2115.838.52
Index*5.203.1317.035.5816.697.3616.607.83
Gross Excess Return-0.37-0.830.00-4.98-2.030.760.211.61

* Russell 2000 Index

Past performance does not guarantee future results.

Periods greater than one year are annualized. Performance data is considered final unless indicated as preliminary. Monthly performance is based on full GIPS Composite returns. Access the GIPS page for full composite details.

The Composite performance information represents the investment results of a group of fully discretionary accounts managed with the investment objective of outperforming the benchmark. Information is subject to change at any time. Gross returns are presented after all transaction costs, but before management fees. Returns include the reinvestment of income. Net performance is shown after the deduction of a model management fee equal to the highest fee charged.

Literature

Investment Team

James Hasso

James Hasso

Head of Small Cap and Portfolio Manager

Years of Experience: 13

James Hasso serves as the head of the small cap team and a portfolio manager for the small cap and SMID cap strategies at Voya Investment Management. Previously at the firm, James also covered the financial-related sectors as an analyst. Prior to joining the firm, Jim worked at First Investors Corporation, Valenzuela Capital Partners, Mitchell Hutchins Asset Management and Spears, Benzak, Salomon & Farrell in research analyst/associate portfolio manager capacities. He received a BA in economics from Lehman College and an MBA in finance from Fordham University.

Joseph Basset

Joseph Basset, CFA

Equity Analyst and Portfolio Manager

Years of Experience: 14

Joseph Basset is an analyst on the small cap team at Voya Investment Management covering the industrials, energy, materials and utilities sectors. He also is a portfolio manager for the small cap and SMID cap strategies. Prior to joining the firm, Joe taught economics and finance at the university level for eight years. He also covered semiconductor, information technology and communication equipment companies for Banc One and One Group Technology Fund. Joe received a BA in economics from Tulane University and an MBA and ABD in finance from the University of Texas. He holds the Chartered Financial Analyst® designation.

Principal Risks

The principal risks are generally those attributable to stock investing. Holdings are subject to market, issuer, and other risks, and their values may fluctuate. Market risk is the risk that securities may decline in value due to factors affecting the securities markets or particular industries. Issuer risk is the risk that the value of a security may decline for reasons specific to the issuer, such as changes in its financial condition. More particularly, the strategy invests in smaller companies, which may be more susceptible to price swings than larger companies because they have fewer resources and more limited products, and many are dependent on a few key managers.