Craig Hodges says the market has been resilient despite the lack of progress with US tax reform. He sees tax reform as game-changer for the economy and stock market, especially small-cap companies.Watch source Interview
Past performance does not guarantee future results.
Mutual fund investing involves risk. Principal loss is possible. The fund invests in smaller companies, which involves additional risks such as limited liquidity and greater volatility. The Fund invests in foreign securities which involves greater volatility and political, economic and currency risks and differences in accounting methods. The fund may also make short sales of securities, which involves the risk that losses may exceed the original amount invested.
Earnings growth is not a measure of the Fund’s future performance.
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Click here for holdings in the Hodges Fund as of most recent quarter-end.
Click here for holdings in the Hodges Small Mid-Cap Fund as of most recent quarter-end.
Click here for holdings in the Hodges Small Intrinsic Value Fund as of most recent quarter-end.
Nothing contained on this communication constitutes tax, legal, or investment advice. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation.
Definitions of Terms:
Basis point (BPS) is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equivalent to 0.01% (1/100th of a percent) or 0.0001 in decimal form. In this interview, reference to points is referring to basis points.
FANG stands for the high-performing tech stocks such as Facebook, Amazon, Netflix and Google.
Initial public offering (IPO) is the first time that the stock of a private company is offered to the public.
The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the Nasdaq.
The Nasdaq is a computerized system that facilitates trading and provides price quotations on more than 5,000 of the more actively traded over the counter stocks. Created in 1971, the Nasdaq was the world's first electronic stock market.
The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as a representative of the equity market in general.
One cannot invest directly in an index.