WAYNE, Pa., Jan. 29, 2016 /satPRnews.com/ -- The Conestoga Small Cap Fund (ticker CCASX) has been added to Charles Schwab's ("Schwab") Mutual Fund OneSource Select List™ for the first quarter of 2016. The Mutual Fund OneSource Select List is a list of no-load and no-transaction fee mutual funds that have passed rigorous screening for performance, risk and expenses by Charles Schwab Investment Advisory, Inc.
"We very much appreciate Schwab's selection of the Conestoga Small Cap Fund for the OneSource Select List," said Conestoga Co-Founder/Managing Partner and Portfolio Manager Bob Mitchell. "As advisor to the Conestoga Small Cap Fund since its inception in 2002, this is a major milestone in our history."
The Conestoga Small Cap Fund seeks to provide long-term growth of capital through a portfolio invested in small-cap companies. The investment team searches for profitable companies, which they believe have sustainable earnings growth rates, strong financial characteristics, and insider ownership. Conestoga conducts intensive fundamental analysis on every company prior to purchasing the stock into the Fund. The Conestoga Small Cap Fund had total net assets of $661.2 million as of December 31, 2015.
"Schwab has an outstanding reputation as a key service Provider to individuals and registered investment advisors," said Mark Clewett, Managing Partner/Director of Institutional Sales. "The selection of the Conestoga Small Cap Fund by Schwab is a real accolade for our firm."
ADDITIONAL DISCLOSURES:
This press release is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.
Please consider the investment objectives, risks and charges and expenses of the Funds discussed in the prospectus carefully before investing. This and other information can be found in the prospectus and summary prospectus. A free prospectus or summary prospectus, which contains detailed information, including fees and expenses, and the risks associated with investing in these Funds, can be obtained by calling 1-800-494-2755 or writing to the Fund at Conestoga Funds, 550 East Swedesford Road, Suite 120, Wayne, PA 19087. Read the prospectus or summary prospectus carefully before investing.
Small Cap stocks are stocks typically defined as those with market capitalizations up to $2.5 Billion. Funds that invest in smallcap stocks are often more volatile than largecap stocks—smaller companies generally face higher risks due to their limited product lines, markets and financial resources.
Securities distributed by Arbor Court Capital, LLC.
About Conestoga Capital Advisors, LLC
Conestoga Capital Advisors, LLC ( www.conestogacapital.com ) is an independent investment advisory firm based in Wayne, PA, with over $1.5 billion in assets under management as of December 31, 2015. The firm specializes in the management of small- and mid-cap equities. The firm's portfolio managers utilize a fundamental, bottom-up research approach with a long-term investment focus.
Source: PrNewsWire All
Link: Conestoga Small Cap Fund added to Charles Schwab's Mutual Fund OneSource Select List ™