Conestoga Small Cap Fund

The Portfolio Managers of the Conestoga Small Cap Fund are Bob Mitchell and Joe Monahan. Bob and Joe utilize the same investment philosophy, style and process for the Fund that has been employed in constructing separately managed small cap accounts since 1989.

Investment Objective: The Fund seeks to provide long-term growth of capital.

To open an account or for operational questions, please call the Fund's Servicing Agent (Ultimus Fund Distributors, LLC) at: (800) 494-2755.

 

 

Ticker

CUSIP

Net Assets (6/30/17)

Inception

Minimum Initial Investment

Total Gross Operation Expenses

Total Net Operation Expenses*

Investor Class

CCASX

207019100

$607.7 Mil

10/1/2002

$2,500

1.50%

1.10%

Institutional Class

CCALX

207019704

$504.7 Mil

8/13/2014

$250,000

1.10%

0.90%

* Conestoga Capital Advisors, LLC (the “Adviser”) has contractually agreed to limit the Fund’s ‘Total Annual Fund Operating Expenses’ to 0.90% (for the Institutional Class) and 1.10% (for the Investors Class) of the Fund’s average daily net assets until at least January 31, 2018, subject to termination at any time at the option of the Board of Trustees (the “Board”). 
(1) The Board of Trustees of the Trust will limit the Distribution (12b-1) Fees charged to Investors Class shares of the Fund to 0.05% of the average daily net assets attributable to Investors Class shares until at least September 31, 2017. 
(2) The Fund has adopted Shareholder Servicing Plans on behalf of the Investors Class and the Institutional Class that will allow the Fund to pay an annual fee of up to 0.25% (for Investors Class) and 0.10% (for Institutional Class) of its average daily net assets for providing services to the Fund’s Investors Class shareholders and Institutional Class shareholders, respectively.

 

Characteristics as of 6/30/17*                                                                               Top Ten Holdings as of 6/30/17*

Price/Earnings (1 Yr. Fwd. incl. Neg.)

33.2x

 

1. Omnicell Inc.

3.51%

Earnings Growth (3-5 Yr. Est.)

17.2%

 

2. Blackbaud Inc.

3.24%

PEG Ratio

1.93

 

3. Cantel Medical Corp.

2.95%

Weighted Avg. Market Cap.

$2,551 Mil

 

4. Fox Factory Holding Corp.

2.94%

ROE (Last 5 Yr. Weighted Avg.)

14.6%

 

5. AAON Inc.

2.88%

Long-Term Debt/Capital

23%

 

6. Neogen Corp.

2.79%

Turnover Rate - Trailing 12 Mos.

19.6%

 

7. Descartes Systems Group Inc.

2.73%

Number of Holdings

49

 

8. Repligen Corp.

2.72%

 *Subject to change 

 

 

9. Stamps.com Inc.

2.67%

 

 

 

10.Grand Canyon Education Inc.

2.66%

Performance as of 3/31/17*

 

QTD YTD 1 Year 3 Years 5 Years 7 Years 10 Years Inception 10/1/2002 Inception 8/13/2014
CCASX 4.02% 4.02% 22.92% 7.81% 12.18% 13.83% 9.45% 11.45% N/A
CCALX 4.07% 4.07% 23.15% N/A N/A N/A N/A N/A 10.40%
Russell 2000 Growth 5.35% 5.35% 23.03% 6.72% 12.10% 12.88% 8.06% 11.31% 6.24%
Russell 2000 2.47% 2.47% 26.22% 7.22% 12.35% 12.27% 7.12% 11.05% 5.92%


Performance as of 6/30/17*

 

QTD YTD 1 Year 3 Years 5 Years 7 Years 10 Years Inception 10/1/2002 Inception 8/13/2014
CCASX 8.59% 12.96% 26.23% 11.42% 14.14% 16.03% 9.85% 11.87% N/A
CCALX 8.66% 13.09% 26.51% N/A N/A N/A N/A N/A 14.23%
Russell 2000 Growth 4.39% 9.97% 24.40% 7.64% 13.98% 15.16% 7.82% 11.43% 9.42%
Russell 2000 2.46% 4.99% 24.60% 7.36% 13.70% 14.35% 6.92% 11.04% 9.29%

* Performance returns are annualized after 1 year.  Performance is based upon closing NAV calculation on listed dates and represents past performance. Past performance does not guarantee future results and current performance may be lower or higher than the performance quoted. Performance data includes reinvestment of dividends. Investment returns and principal value of an investment in Conestoga Small Cap Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the Fund’s daily NAV, list of additional holdings, total return as of the most recent month-end and a copy of the Fund’s prospectus, please visit www.conestogacapital.com or call 1-800-320-7790.

 

Investors Share Class (CCASX) Information

Institutional Share Class (CCALX) Information

Small Cap Fund Prospectus & Shareholder Reports

Small Cap Fund Facts

Additional Information


IMPORTANT DISCLOSURE INFORMATION:

An investor should consider investment objectives, risks, charges, and expenses carefully before investing.  Download a prospectus, which contains this information or call toll free 1-800-494-2755.  Read the prospectus carefully before investing or sending money.

Mutual Fund Investing involves risk, principal loss is possible.  Investment in the Fund is subject to investment risks, including, without limitation, equity risk, market risk, management risk, small company risk, mid cap stock risk, foreign investment risk, currency risk, large redemption risk. Funds that invest in small and mid cap stocks are often more volatile than large cap stocks.  Smaller companies generally face higher risks due to their limited product lines, markets and financial resources.  For more information about the Fund, including the Fund's objectives, charges, expenses and risks (including more information about the risks listed above), please read the prospectus.

Ultimus Fund Distributors, LLC. (Member FINRA & SIPC) serves as the Distributor to the Conestoga Funds.