Southern Sun Small Cap Fund (SSSFX) Investor Shares

Southern Sun Small Cap fund is a domestic stock mutual fund. This equity fund invests mainly in stocks of U.S. small companies. You can find the fund review.

Southern Sun Small Cap Investor (Ticker: SSSFX)

The investment aim of Southern Sun Small Cap fund is to achieve long-term capital appreciation. The fund utilizes the majority of assets to purchase in small cap securities. It uses the Russell 2000 Index as its benchmark in selecting the companies for investment. It may invest in 20-40 companies according to the fund management style.

Fund Details

Southern Sun Small Cap

• Fund Inception Date: 09/30/2003
• Ticker Symbol: SSSFX
• CUSIP: 66537T190
• Beta (3yr): 1.47
• Rank in category (YTD): 30%
• Category: Small Value
• Distribution: 0.00%
• Capital Gains: 0%
• Expense Ratio: 1.33%
• Net Assets: $ 344.37 million
• Number of Years Up: 7 years
• Number of Years Down: 1 year
• Annual Turnover Rate: 38%

updated on 9/8/2012

As one of the SouthernSun Funds fund, it has total net assets of $344.37 million. The Investor class fund was first introduced to public in 2003. And the Institutional Class was introduced 6 years later in 2009. Michael W. Cook is the current fund manager of this Small Value fund. He is the CEO and CIO of Southern Sun Funds. The annual expense ratio of this fund is 1.33%. It also has annual holdings turnover of 38.00% as of May 22, 2012. There is a 0.25% management fee, but there is no front-end sales load fee.

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This domestic stock fund has YTD return of 11.12%. The best 1-year total return within 7 years of positive returns year was occurred in 2010 with 48.35%. The only year of its negative return was in 2008 with -34.21%. The benchmark of this fund is Russell 2000 Index. Based on the load adjusted returns, the fund’s performance is as below:

• 1-year: 1.96%
• 3-year: 33.62%
• 5-year: 8.26%
• 10-year: N/A

Investors can buy this mutual fund with $1,000 initial funding for brokerage account. This fund is available for purchase through 61 brokerages. They are JP Morgan, T Rowe Price, Schwab Retail, Fidelity Retail Funds Network, Ameriprise Brokerage, etc. The Institutional Class of this fund has 1.10% of annual expense ratio.

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The top 10 holdings as of March 2012 are URS Corporation (4.84%), Darling International Inc (4.71%), OGE Energy Corp (4.62%), AGCO Corp (4.60%), Trinity Industries Inc (4.38%), Affiliated Managers Group (4.22%), Brink’s Co (4.03%), Chicago Bridge & Iron Co (4.00%), Broadridge Financial Solutions (3.96%) and Centene Corp (3.93%). The top 10 holdings represent 43.29% of the total net assets. The top regional is United States (95.48%).

According to the fund prospectus, the principal risks include issuer-specific risk, liquidity risk, non-diversification risk, small company risk, stock market risk, value investing risk, etc.

Disclosure: No Position