Small/Mid Cap Growth
Overview
Strategy Details
Available Vehicles
- Institutional Separate Account
- Commingled TrustCommingled trust may include a collective investment trust, an institutional-only investment structure that is exclusively available to qualified retirement plans which meet certain eligibility requirements. A collective investment trust is not available to retail investors or the general public. For more information, qualified retirement plan sponsors should reach out to their Loomis Sayles Relationship Manager.
Portfolio Managers
John Slavik, CFA
Portfolio Manager
Mark Burns, CFA
Portfolio Manager
About the Team
A lower volatility approach to high growth investing.
Investment Strategy
- Our goal is a lower volatility approach to high growth investing
- Active stock selection primarily drives returns by focusing on what we define as high quality “emerging winners” that may benefit from secular growth stories
- Bottom-up portfolio construction is based on fundamental research and discounted cash flow valuation analysis
- Idea generation includes an internally developed growth screen
- Risk management approach integrated throughout the process, including a clear stop/loss discipline to help manage downside risk
- Turnover typically 30-80%
- Typically 65 to 85 stocks; position size: typically 0.75% to 3%
- Sector weightings limited to +/- 50% of sectors greater than 10% of benchmark allocation
- Stock selection focuses primarily on companies with a market capitalization between 75% to 125% of the benchmark’s weighted average market cap
- Recent IPOs and early-stage (unprofitable) companies are limited* in the portfolio
Composite Performance
Cumulative Total Return (%)
As of 9/30/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 3 Months | 4.85% | 4.62% | 10.73% |
| Year-To-Date | 6.32% | 5.61% | 9.95% |
Annualized Total Return (%)
As of 9/30/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 1 Year | 7.51% | 6.55% | 12.62% |
| 3 Years | 12.61% | 11.63% | 15.97% |
| 5 Years | 7.01% | 6.15% | 7.76% |
| 10 Years | 11.33% | 10.44% | 10.93% |
| Since 1/1/2012 | 12.84% | 11.89% | 11.99% |
Period Performance (%)
As of 9/30/2025| Year | Gross | Net | Index |
|---|---|---|---|
| 2024 | 18.38% | 17.33% | 13.90% |
| 2023 | 7.64% | 6.68% | 18.93% |
| 2022 | -26.63% | -27.16% | -26.21% |
| 2021 | 18.21% | 17.40% | 5.04% |
| 2020 | 32.42% | 31.49% | 40.47% |
| 2019 | 33.79% | 32.80% | 32.65% |
| 2018 | -5.61% | -6.34% | -7.47% |
| 2017 | 33.20% | 32.11% | 24.46% |
| 2016 | 7.96% | 7.04% | 9.73% |
| 2015 | 3.69% | 2.75% | -0.19% |
Documents
*Typically, unprofitable companies or recent IPOs are limited to the greater of 10% of the portfolio or 50% of the benchmark weighting.
Important Disclosures
Performance data shown represents past performance and is no guarantee of future results. Current performance may be lower or higher than quoted. Returns are shown in US dollars and are annualized for one and multi-year periods. Gross returns are net of trading costs. Net returns are gross returns less effective management fees.
KEY RISKS: Equity Risk, Market Risk, Non-US Securities Risk, Liquidity Risk. Investing involves risk including possible loss of principal.
There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return.
Investment vehicles may not be available to all investors and are subject to eligibility.
The Composite includes all discretionary accounts with market values of at least $500,000 managed by Loomis Sayles that seek to identify under-exploited, high growth, small and mid-cap companies with positive fundamentals and attractive risk/reward profiles. The strategy objective is to generate superior risk-adjusted performance over a full market cycle relative to the Russell 2500TM Growth Index, and generally within the market capitalization range of the Index. As of 1/1/2021 the Composite was redefined to include commingled vehicles, previously only separate accounts were included. The Composite inception date is January 1, 2012. The Composite was created in January 2012.