Conestoga Smid is trading at 28.56 as of the 28th of November 2024; that is 0.31 percent down since the beginning of the trading day. The fund's open price was 28.65. Conestoga Smid has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Conestoga Smid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in equity securities of small-to-mid capitalization companies. Equity securities include American depositary receipts , convertible securities, foreign and domestic common and preferred stocks, rights and warrants. More on Conestoga Smid Cap
Conestoga Smid Cap [CCSGX] is traded in USA and was established 28th of November 2024. Conestoga Smid is listed under Conestoga Capital Advisors category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Conestoga Capital Advisors family. This fund currently has accumulated 406.21 M in assets under management (AUM) with minimum initial investment of 250 K. Conestoga Smid Cap is currently producing year-to-date (YTD) return of 19.94%, while the total return for the last 3 years was 1.46%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Conestoga Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Conestoga Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Conestoga Smid Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in Conestoga Mutual Fund
Conestoga Smid financial ratios help investors to determine whether Conestoga Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Conestoga with respect to the benefits of owning Conestoga Smid security.