Reconsidering an overlooked asset class

The US small-to-mid (SMID) capitalisation equity space has garnered interest in recent years as a wa...

The US small-to-mid (SMID) capitalisation equity space has garnered interest in recent years as a way to achieve potentially strong risk-adjusted returns. As its name suggests, this area of the market includes both small- and mid-sized companies - generally ranging from about $100m to a little over $10bn in market capitalisation. Investors who are interested in the potential upside of smaller-capitalisation stocks, but still seek less volatility should consider looking at SMID investment strategies. Note, however, that stocks of small- and mid-sized companies are subject to greater risk t...