Research

For the fourth quarter of 2011, the Montag & Caldwell Mid Cap Growth Composite increased 12.70%, gross of fees and 12.53% net of fees, beating the 11.23% return for the Russell Midcap Growth index, but falling shy of the 12.99% return for the S&P 400 index. For the year, the Montag & Caldwell Mid Cap Growth Composite posted a return of 4.19% gross of fees and 3.64% net of fees, outperforming the -1.66% return of the Russell Midcap Growth index as well as the -1.73% return posted by the S&P Midcap 400.