OVERLAND PARK, Kan.--(BUSINESS WIRE)--Investor’s Business Daily (“IBD”) has named the Dean Small Cap Value Mutual Fund (DASCX) to its annual list of best mutual funds for 2017.
The list recognizes funds in the U.S. Diversified Equity Category with consistent performance throughout the past 10 years. To make the list, funds with at least $100 million in assets had to beat the return of the S&P 500 over the past one, three, five and 10 years. Across the country, 1,200 funds were large enough and had long enough track records to be eligible for the award, but only 49 met the performance requirements.
As a value manager, Dean focuses on taking advantage of situations where the market is mispricing high quality companies that have potential to rebound. This focused, disciplined approach has guided Dean’s managers throughout a decade of economic turmoil that included the Great Recession, three U.S. elections and many major shocks to the international economic climate.
“By focusing our efforts on estimating what the normalized earnings power for a company is over a full business cycle, we are equipped with a framework that allows us to put the valuation of a stock in proper context with the quality of the business,” said Steve Roth, portfolio manager of the Dean Small Cap Value Fund. “This normalization process lets us take advantage of the inherent volatility in the small cap space by spotting opportunities where the market has possibly mispriced a quality business in the short run.”
Additionally, Dean believes the personal investment of the fund managers, who have remained consistent for almost a decade, make the firm and fund unique. “We invest significantly in the mutual funds that we manage, so we have a clear alignment of incentives,” said Patrick Krumm, director of institutional sales for DCM. “We believe having the same interests as our shareholders is a big part of what has led to that success.”
About Dean Investment Associates, LLC
Dean Investment Associates, LLC (“DIA”) serves as investment advisor to the Dean Funds including DASCX. DIA is a registered investment advisor and the money management arm of C.H. Dean, LLC, a privately held investment management and financial services firm. DIA is a value manager with a strong commitment to the principles of value investing.
About Dean Capital Management, LLC
Dean Capital Management LLC (“DCM”) is an employee-owned registered investment advisor founded in March 2008. Located in Overland Park, Kansas, DCM is a long-only, fundamental U.S. Value equity manager. DCM manages portfolios across the capitalization spectrum for institutional clients, financial intermediaries and advisors. DCM became the sub-advisor for the Dean funds on June 30, 2008.
You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 1-888-899-8343. The Fund is distributed by Unified Financial Securities, LLC.
Past performance is not a guarantee of future results. The value of fund shares, when redeemed, may be worth more or less than their original cost. Investing involves risk, including loss of principal. Small cap investing involves greater risk not associated with investing in more established companies, such as greater price volatility, business risk, less liquidity and increased competitive threat. Value investing involves the risk that an investment made in undervalued securities may not appreciate in value as anticipated or remain undervalued for long periods of time.