Below is extracted from paridice WEB site stating what they look...

Below is extracted from paridice WEB site stating what they look for in small cap company's, sxy definitely fits within there investment strategy.


The Fund typically invests in 50-70 companies listed outside of the S&P/ASX 100, providing investors with an exposure to a diversified portfolio of emerging Australian businesses.We believe equity markets are often inefficient due to investor emotion, short-term thinking and too much reliance on a single aspect of a company’s financial health – it’s profit and loss statement. Our key focus is on management, current and future cash flows and the quality of the balance sheet.Our expertise lies in evaluating a company’s market position taking into account all factors from balance sheet, macroeconomic drivers through an extensive visitation program.ObjectiveThe Paradice Australian Small Cap Fund aims to outperform the S&P/ASX Small Ordinaries Total Return Index over the longer term, before the deduction of fees and taxes.