Laurus Investment Counsel (“Laurus” or the “Firm”) is an independent investment management firm established in 2014 with a head office in Toronto, Ontario. Laurus is registered as a Portfolio Manager in most provinces in Canada and an Investment Adviser with the SEC. Our investment philosophy and proprietary, systematic process is based on fundamental equity analysis of world-class smaller companies. Today we manage a variety of specialized equity portfolios across a variety of capitalization bands for institutional and individual investors.
The Laurus US Small Cap Composite inception and creation was June 2016 and represents an equity strategy managed in US Dollars that utilizes a fundamental approach by investing in a concentrated group of high-quality growth-oriented US domiciled small/mid capitalization equities (market cap less than USD$7 Billion at purchase). This composite has a minimum account size of $5 million.
The Russell 2000 Index NET is a US equity small-cap stock market index of the smallest 2,000 stocks in the Russell 3000 Index.
The standard management fee schedule currently in effect is as follows: 0.85% for the first $25 million; 0.75% on the next $25 million; 0.65% on the next $50 million; 0.55% on the balance. Actual management fees charged may vary depending on applicable fee schedules and portfolio size, among other things. Policies for valuing investments, calculating performance, and preparing GIPS reports are available upon request. Past performance is no guarantee of future results. Results will vary among accounts. The U.S. dollar is the currency used to express performance. Gross returns are gross of management fees, custodial fees and withholding taxes but net of all transaction costs. Composite net returns have been calculated by taking the highest management fee in effect for the respective period from the gross composite returns
A list of composite descriptions and limited distribution pooled funds descriptions are available upon request. For all periods with 6 accounts or less do not present a measure of internal dispersion or the number of accounts included for the year.
Laurus Investment Counsel claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. Laurus Investment Counsel has been independently verified for the periods September 1, 2005 until December 31, 2020. The verification report(s) is/are available upon request.
A firm that claims compliance with the GIPS standards must establish policies and procedures for complying with all the applicable requirements of the GIPS standards. Verification provides assurance on whether the firm’s policies and procedures related to composite and pooled fund maintenance, as well as the calculation, presentation, and distribution of performance, have been designed in compliance with the GIPS standards and have been implemented on a firm-wide basis. Verification does not provide assurance on the accuracy of any specific performance report.
GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.