Small Cap Value Commentaries


3rd Quarter 2020

The preliminary third quarter return of Cardinal's Small Cap Value Composite, at 1.3% net of fees, lagged the 2.6% return of the Russell 2000 Value Index.

2nd Quarter 2020

The preliminary second-quarter return of Cardinal's Small Cap Value Composite, at 21.7%, net of fees, outpaced the 18.9% return of the Russell 2000 Value Index.

1st Quarter 2020

The preliminary first-quarter return of Cardinal's Small Cap Value strategy, at -37.9% net of fees, lagged the Russell 2000 Value index return of -35.7%.

4th Quarter 2019

The fourth quarter performance of Cardinal’s Small Cap Value Composite, at 7.5% net of fees, lagged the 8.5% return of the Russell 2000 Value Index.

The 2019 performance of Cardinal’s Small Cap Value Composite, at 23.1%, net of fees, exceeded the 22.4% return of the Russell 2000 Value Index.

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