Montag & Caldwell Introduces a Mid Cap Growth Strategy
Atlanta, GA, September 30, 2007 —
We are pleased to announce the rollout of the Montag & Caldwell Mid Cap Growth Strategy. Our mid cap growth strategy extends the firm’s capabilities into the mid cap asset class while leveraging the strength of our resources and the successful time tested, fundamentally driven investment process. The process will focus primarily on companies between $2.5 billion and $10 billion in market capitalization. It will employ the same bottom-up investment discipline and will invest in high-quality, mid cap growth names that offer a compelling combination of earnings growth and attractive value. Our objective is to identify stocks that are selling at a discount to intrinsic value and exhibit above median near term relative earnings strength. The process will be identical to our large cap strategy in every regard with the exceptions of market capitalization and number of target holdings (45-65) due to less liquidity in the mid cap universe. Montag & Caldwell will initially serve as sub-advisor to the Aston/Montag & Caldwell Mid Cap Growth Fund (AMCMX) which will be available to investors November 1, 2007. Separate account mandates are currently being accepted.
Montag & Caldwell serves a wide range of primarily institutional clients through our domestic equity strategies. We believe that good investment results are derived from competent, disciplined, fundamental analysis of individual securities, performed by experienced professionals operating as a team. Our process places a premium on earnings sustainability, valuation, and quality. Montag & Caldwell is based in Atlanta and as of 9/30/07 manages approximately $18 billion in client assets.
