Investment Strategy
The Westcore Micro-Cap Opportunity Fund invests primarily in the stocks of micro-cap companies that appear to be undervalued.
We use a mathematically driven approach to construct a diversified micro-cap portfolio. Our proprietary multi-factor quantitative investment model is designed to help us identify attractively valued micro-cap companies based on various financial measures and ratios. Our disciplined process emphasizes risk controls and repeatability.
This Fund is available in the retail class only.
Risk Profile
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Investing in micro-cap funds generally will be more volatile and loss of principal could be greater than investing in large-cap funds.
The risk profile spectrum provides an approximate illustration of the relative volatility of the Westcore Family of Funds determined by using each fund's 5-year annualized standard deviation as of 12/31/11. If the fund's retail class has less than five years of operations as of that date, the standard deviation of the fund's benchmark index is used instead. Standard deviation is a statistical measure of the historical volatility of a fund, which we believe can assist in classifying a fund within a risk spectrum. The placement on the risk spectrum (Low to High) is based on the comparison of each Fund's standard deviation measure, as described above, in relation to the universe of funds with a 5-year standard deviation measure as obtained from a third-party fund database. We believe those measures are accurate but have not independently verified them. Please refer to the prospectus for each fund's specific risks. Also a fund's measure of volatility is subject to change without notice as market or economic conditions change, and such changes may include significant and nonrecurring volatility events. Historical volatility is not necessarily indicative of future volatility and there is no guarantee that in any time period any one fund will be more or less volatile than any other fund.
CFA is a trademark owned by the CFA Institute.
Jon K. Tesseo is a registered representative of ALPS Distributors, Inc.
Please see the prospectus for more detailed information regarding investment minimums. The Funds reserve the right to change the amount of these minimums from time to time or to waive them in whole or in part, if in the Advisor’s sole opinion, the investor has adequate intent and availability of assets to reach a future level of investment in the Fund that is equal to or greater than the minimum.
1 Existing accounts and automatic investment plans established before October 1, 2000 are entitled to reduced investment minimums: $1,000 for existing regular accounts; $250 for existing retirement or UGMA/UTMA accounts.
2 A description of the retirement and education accounts available for investment in the Westcore Funds may be found in the SAI for the Funds. Please call 800.392.CORE (2673) to request a free copy of the SAI or click here to download.
