Sunday, September 3, 2017

AIM Small Cap Fund Continues Impressive Performance - Is Active Management Back?

Marquette AIM Students Have Added 650 Basis Point of Alpha in the Past 12 Months! Classes of 2017 and 2018 Make Smooth Transaction. 

The Marquette AIM Class of 2018 has added over 550 basis points of excess returns since
April 1, 2017. Numerous sectors (i.e healthcare, financial services and technology) have outperformed the Russell 2000 Indes (benchmark).

The following table indicates that over the past 12 months that the AIM Small Cap Fund has exceed the Russell 2000 Index by 650 basis points. Active management is back!

AIM Small Cap Holdings as of 7/31/2017

AIM Small Cap Fund Ticker Industry
Achaogen Inc AKAO Biotechnology 1.94
Agree Realty Corp ADC REIT - Retail 2.13
AMERISAFE Inc AMSF Insurance - Property & Casualty 0.71
AMN Healthcare Services Inc AMN Medical Care 0.72
Anika Therapeutics Inc ANIK Biotechnology 1.22
Apollo Commercial Real Estate Finance Inc ARI REIT - Diversified 1.18
Astec Industries Inc ASTE Farm & Construction Equipment 0.96
Astronics Corp Class B ATROB Aerospace & Defense 0.16
ATN International Inc ATNI Telecom Services 0.40
AxoGen Inc AXGN Medical Devices 1.52
AZZ Inc AZZ Diversified Industrials 0.69
Balchem Corp BCPC Chemicals 0.86
Bank of the Ozarks Inc OZRK Banks - Regional - US 0.98
Beacon Roofing Supply Inc BECN Building Materials 1.52
Berry Global Group Inc BERY Packaging & Containers 1.48
BlackLine Inc BL Software - Infrastructure 1.20
BofI Holding Inc BOFI Savings & Cooperative Banks 2.27
Bojangles Inc BOJA Restaurants 0.87
CalAmp Corp CAMP Communication Equipment 1.80
Calavo Growers Inc CVGW Farm Products 0.89
Callon Petroleum Co CPE Oil & Gas E&P 0.34
Carriage Services Inc CSV Personal Services 0.74
Columbia Banking System Inc COLB Banks - Regional - US 1.23
Comfort Systems USA Inc FIX Engineering & Construction 1.74
Connecticut Water Service Inc CTWS Utilities - Regulated Water 1.39
ConnectOne Bancorp Inc CNOB Banks - Regional - US 0.74
Control4 Corp CTRL Electronic Components 1.30
Cracker Barrel Old Country Store Inc CBRL Restaurants 0.68
Cryolife Inc CRY Medical Devices 1.40
Editas Medicine Inc EDIT Biotechnology 0.67
Envestnet Inc ENV Capital Markets 2.16
Exact Sciences Corp EXAS Diagnostics & Research 4.06
Farmer Bros Co FARM Packaged Foods 1.23
Flotek Industries Inc FTK Oil & Gas Equipment & Services 0.24
Fogo de Chao Inc FOGO Restaurants 0.66
FormFactor Inc FORM Semiconductors 1.49
Franklin Electric Co Inc FELE Diversified Industrials 1.26
Fresh Del Monte Produce Inc FDP Farm Products 0.37
Gentherm Inc THRM Auto Parts 1.10
Golub Capital BDC Inc Class B GBDC Asset Management 0.74
GTT Communications Inc GTT Telecom Services 1.23
Home BancShares Inc HOMB Banks - Regional - US 1.21
Inogen Inc INGN Medical Devices 1.89
Insteel Industries Inc IIIN Steel 0.74
Johnson Outdoors Inc Class A JOUT Leisure 1.25
Landec Corp LNDC Farm Products 1.02
Landmark Infrastructure Partners LP LMRK Real Estate Services 1.10
LeMaitre Vascular Inc LMAT Medical Instruments & Supplies 1.90
LendingTree Inc TREE Specialty Finance 4.60
Malibu Boats Inc Class A MBUU Recreational Vehicles 1.42
MDU Resources Group Inc MDU Building Materials 0.71
Mercury Systems Inc MRCY Computer Systems 2.83
Methode Electronics Inc Class A MEI Electronic Components 1.30
Multi-Color Corp LABL Business Services 1.05
Nautilus Inc NLS Leisure 1.09
Netgear Inc NTGR Communication Equipment 0.69
NewStar Financial Inc NEWS Credit Services 0.70
NIC Inc EGOV Software - Application 1.07
Northern Technologies International Corp NTIC Specialty Chemicals 1.29
Ollie's Bargain Outlet Holdings Inc OLLI Discount Stores 1.11
Omega Flex Inc OFLX Diversified Industrials 0.56
Omeros Corp OMER Biotechnology 0.54
Pacific Premier Bancorp Inc PPBI Banks - Regional - US 0.81
PCTEL Inc PCTI Communication Equipment 0.70
PGT Innovations Inc PGTI Building Materials 1.04
Physicians Realty Trust DOC REIT - Healthcare Facilities 1.34
PNM Resources Inc PNM Utilities - Regulated Electric 1.11
PowerShares S&P SmallCap Energy ETF PSCE   0.64
RSP Permian Inc RSPP Oil & Gas Drilling 0.41
Shenandoah Telecommunications Co SHEN Telecom Services 0.49 Inc STMP Software - Application 2.25
Standex International Corp SXI Diversified Industrials 1.24
Superior Uniform Group Inc SGC Apparel Manufacturing 1.44
Synnex Corp SNX Business Services 1.87
Tactile Systems Technology Inc TCMD Medical Devices 1.72
The Hackett Group Inc HCKT Business Services 0.71
Tronox Ltd TROX Chemicals 0.96
Universal Insurance Holdings Inc UVE Insurance - Property & Casualty 0.84
US Concrete Inc USCR Building Materials 1.03
Verint Systems Inc VRNT Software - Application 0.65 Group Inc WEB Internet Content & Information 1.30
Wintrust Financial Corp WTFC Banks - Regional - US 1.91
World Wrestling Entertainment Inc Class A WWE Media - Diversified 0.86