Pensions & Investments, the International Newspaper of Money Management, highlighted Friess Small Cap Growth for separately managed account (SMA) performance in the 12 months through June 30, 2015. Friess Small Cap Growth’s return (represented by the Friess Small Cap Composite) was the 10th highest among 2,896 strategies in Morningstar’s overall SMA domestic equity universe during that time. P&I listed Friess Small Cap Growth in its special report, “Top-Performing Managers,” in its issue dated August 10, 2015.
The Friess Small Cap Composite’s average annual total returns ranked 10, 92, 1,153 and 1,471 out of the 2,896, 2,692, 2,001 and 2,001 strategies in Morningstar’s SMA Overall Domestic Equity Universe for the one-, three-, five- and 10-year periods, respectively, ended June 30, 2015. As of June 30, 2015, the Composite’s average annual total returns (including Friess Associates’ management fee of 1% of assets annually and the reinvestment of dividends) for one, three, five and 10 years were 19.23, 22.25, 14.76 and 6.16 percent, respectively. The Russell 2000 Growth Index’s average annual total returns for one, three, five and 10 years through June 30, 2015 were 12.34, 20.11, 19.33 and 9.86 percent, respectively. You cannot invest directly in the Composite or the Index. Morningstar, Inc. is a global investment research firm offering an extensive line of print, software, and web-based products and services for individual investors, professional financial advisors and institutions.