Strategic Global Fund
Style: Global Small-Mid Cap Equities
Objective: Long-term growth of capital
Inception: 02/01/2006
Total Net Assets: $14,260,052 as of 9/30/2024
Strategy
The Fund invests globally in high quality small-mid cap growth businesses that demonstrate sustainable, long term earnings growth.
Highlights
The fund will be comprised of companies owned by other strategies of Seven Canyons, with a bias towards more mature companies with higher consistency of earnings growth. The fund will contain companies domiciled in the US, international-developed, and emerging markets.
The majority of the fund will demonstrate core characteristics such as returns well above cost of capital and a track record of strong and consistent earnings growth.
Good, stable business: revenue growth better than GDP and peers, and is resilient in good and bad economies.
Scalable business model: profit margins and returns on capital improve as revenues grow.
Businesses that are still relatively early in their growth stage, with significant potential for long-term earnings growth.
Fund Managers
Andrey joined Seven Canyons in February 2020 as a portfolio manager for WASIX, WAGTX, and AEC. Before Seven Canyons, Andrey was Portfolio Manager and Senior Analyst at Wasatch Advisors. At Wasatch Advisors, he co-managed the Wasatch Emerging Markets Small Cap fund. Andrey is also a CFA charter holder and has worked as a CPA for Deloitte audit practice. He has an MBA and a Masters of Accounting from University of Wisconsin – Madison.
Andrey Kutuzov
Spencer was a Portfolio Manager at Grandeur Peak Funds. He managed The Grandeur Peak Emerging Markets Opportunities Fund (GPEIX) and co-managed The Grandeur Peak International Opportunities (GPIOX) and The Grandeur Peak Global Reach (GPROX) funds. Before Grandeur, Spencer worked at Sidoti & Company and Wasatch Advisors.
Spencer Stewart
Annualized Returns
Performance
| As of 11/30/2024 | 1 Month | 3 Month | YTD | 1 Year | 3 Year Ann. | 5 Year Ann. | 10 Year Ann. |
|---|---|---|---|---|---|---|---|
| WASIX | 3.19% | 0.52% | 6.78% | 13.68% | -4.76% | 4.30% | 3.99% | MSCI ACWI Small Cap Index | 5.21% | 4.34% | 13.69% | 23.78% | 3.88% | 8.64% | 7.87% |
| As of 9/30/2024 | 1 Month | 3 Month | YTD | 1 Year | 3 Year Ann. | 5 Year Ann. | 10 Year Ann. |
|---|---|---|---|---|---|---|---|
| WASIX | 1.98% | 8.14% | 8.33% | 19.45% | -4.13% | 5.63% | 4.49% | MSCI ACWI Small Cap Index | 2.13% | 8.80% | 11.29% | 24.62% | 2.60% | 9.40% | 7.81% |
Performance under one year is annualized. Values are net of fees. Data shows past performance. Past performance is not indicative of future performance and current performance may be lower or higher than the data quoted. For the most recent month-end performance data, visit www.sevencanyonsadvisors.com. Investment returns and principal value will fluctuate and shares, when redeemed, may be worth more or less than their original cost. The Advisor may absorb certain Fund expenses, leading to higher total shareholder returns.
Total expense ratio for WASIX: gross 1.59%; net* 1.40%
*Seven Canyons Advisors, LLC, the Fund’s investment adviser (the “Adviser”), has contractually agreed to limit the amount of the Fund’s total annual fund operating expenses through at least January 31, 2025.
WASIX
CUSIP: 02110A 589
Minimum Investment: $2,000
Top 10 Holdings
| As of 9/30/2024 | % Portfolio Weight | flatexDEGIRO AG | 6.32% | JDC Group. | 4.47% | Terra Industries, Inc. | 4.23% | Elixirr International PLC | 4.13% | Blackline Safety Corp. | 3.98% | Kitwave Group PLC | 3.82% |
|---|---|
| Climb Global Solutions, Inc. | 2.73% | System Support, Inc. | 2.69% | IPD Group, Ltd. | 2.52% | M&A Research Institute Holdings, Inc. | 2.36% |