Satuit Capital Micro Cap — Don’t Let Size Fool You

by Cynthia Wilson | July 29, 2011 6:00 am

The Satuit Capital Micro Cap Fund (MUTF:SATMX[1]) is an IRA focused on small companies with the potential for big returns. It invests primarily in the securities of U.S. companies with market capitalizations under $500 million and prefers companies that are slightly undervalued. The fund may be suitable for aggressive, growth-minded and long-term investors who can withstand the market volatility that comes with investing in small companies with limited revenues and perhaps limited product or service lines.

Investing Strategy: Currently, 88% of the fund’s assets are invested in stocks, 10% is in cash and the rest of the assets are in other securities.

Expense Ratio: The fund has a 1.95 expense ratio and no transaction fee, making it expensive. It has a Morningstar Rating of five stars.

Top 5 Holdings: The top stocks in the Satuit Capital Micro Cap Fund include software products and solution provider ClickSoftware Technologies, Ltd. (NASDAQ:CKSW[2]) at 1.64%, consumer electronics accessories designer Zagg, Inc. (NASDAQ:ZAGG[3]) at 1.61%, Internet protocol service provider Allot Communications, Ltd. (NASDAQ:ALLT[4]) at 1.38%, semiconductor manufacturer Volterra Semiconductor Corporation (NASDAQ:VLTR[5]) at 1.36%, and container leasing company SeaCube Container Leasing Ltd (NYSE:BOX[6]) at 1.34%.

Returns: The Satuit Capital Micro Cap Fund’s 12-month return of about 37% outperformed the Russell 2000’s 29% and S&P 500 Index’s 21% return over the same period. Its five-year return of about 56% is more than double the Russell 2000’s 25% return and dwarfed the S&P 500’s 8% return over the same period.

Other Fund Statistics

  1. SATMX:
  2. CKSW:
  3. ZAGG:
  4. ALLT:
  5. VLTR:
  6. BOX:

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