$16.78—Stale · unknown old
NASDAQ • Last print unknown ago
$16.78—Stale · unknown old
Intrepid Small Cap Fund - Institutional Class (ICMZX) focuses on investing in small-cap companies across various sectors, primarily in the U.S. market. The fund aims to capitalize on growth opportunities in under-researched and undervalued segments, leveraging a disciplined investment approach to identify high-potential assets.
The fund generates revenue primarily through management fees based on the total assets under management. This model benefits from economies of scale as AUM increases, allowing for lower relative costs and higher margins. The fund's focus on small-cap equities provides a unique advantage in identifying growth companies that larger funds may overlook.
Changes in AUM driven by market performance and investor inflows
Performance relative to benchmark indices
Market sentiment towards small-cap equities
Regulatory changes impacting asset management fees
Market volatility impacting small-cap stock valuations
Regulatory changes affecting asset management practices
Increased competition from larger funds with more resources
Emergence of passive investment strategies reducing active management appeal
Liquidity risks associated with sudden market downturns
Potential for high redemption rates during market stress
high - The fund's performance is closely tied to the economic cycle, as small-cap stocks tend to outperform during economic expansions and underperform during recessions.
Rising interest rates can impact the fund's performance by affecting borrowing costs for small-cap companies and altering investor sentiment towards equities versus fixed income.
minimal - The fund does not have significant credit exposure as it primarily invests in equities.
growth - Investors seeking exposure to high-growth potential small-cap companies.
high - Small-cap stocks typically exhibit higher volatility compared to large-cap stocks.