Adirondack Small Cap Fund (ADKSX)
Adirondack Small Cap Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Guilderland, NY, US. The stock last traded at $37.88, up 0.32% on the session, giving a market capitalisation of $56.0M. On trailing twelve-month figures it carries a trailing P/E of 16470.53, a net margin of 10.5%. Its beta of 0.91 implies it has historically moved less than the broad market.
The fund aims to fulfill its stated objective by constructing a varied portfolio of equity investments in smaller, undervalued companies, as determined by its investment advisor. These small-cap enterprises are defined by the advisor as having market values comparable to or lower than those included in the Russell 2000 Index. Typically, at least 80% of the fund's total capital will be allocated to common stocks of such companies. Furthermore, the fund has the option to invest up to 15% of its assets in sponsored American Depositary Receipts (ADRs) issued by international entities.
Adirondack Small Cap Fund is most often compared with the following Financial Services names: