Miles Lewis - Small Cap Fund Manager
| ACVIX Fund | USD 10.40 0.09 0.86% |
Mr. Lewis, Portfolio Manager, was a member of the team that manages the funds since joining American Century in 2010 as an investment analyst and became a senior investment analyst in February 2014. He became a portfolio manager in November 2014. Before joining American Century, Mr. Lewis attended the Johnson Graduate School of Management at Cornell University from 2008 to 2010, where he obtained his MBA. He also has a bachelors degree in business administration from The College of William Mary. He is a CFA charterholder.
| Phone | 800-345-2021 |
Small Cap Management Performance (%)
Similar Money Managers
| Found 11 records | One Year Return | ||
| Steven Rossi | Equity Growth Fund | N/A | |
| Brian Garbe | Income Growth Fund | N/A | |
| Jeffrey Houston | Diversified Bond Fund | N/A | |
| Jeffrey Bourke | Ultra Fund C | N/A | |
| Brian Woglom | Mid Cap Value | N/A | |
| Robert Gahagan | Short Term Government Fund | N/A | |
| Keith Lee | Select Fund A | N/A | |
| Keith Lee | Select Fund Investor | N/A | |
| Phillip Davidson | Mid Cap Value | N/A | |
| Kevin Toney | Value Fund A | N/A | |
| Patricia Ribeiro | Emerging Markets Fund | N/A | |
Small Cap Value Leadership Team
Elected by the shareholders, the Small Cap's board of directors comprises two types of representatives: Small Cap inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Small. The board's role is to monitor Small Cap's management team and ensure that shareholders' interests are well served. Small Cap's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Small Cap's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Miles Lewis, Fund Manager | ||
| Jeff John, Fund Manager |
Small Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Small Cap a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 17.75 X | ||||
| Price To Book | 1.52 X | ||||
| Price To Sales | 1.00 X | ||||
| Total Asset | 1.96 B | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 3.07 % | ||||
| One Year Return | 21.17 % | ||||
| Three Year Return | 3.29 % | ||||
| Five Year Return | 11.35 % | ||||
| Ten Year Return | 7.48 % |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Small Cap in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Small Cap's short interest history, or implied volatility extrapolated from Small Cap options trading.
Pair Trading with Small Cap
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Small Cap position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Small Cap will appreciate offsetting losses from the drop in the long position's value.Moving together with Small Mutual Fund
| 0.95 | AMDVX | Mid Cap Value | PairCorr |
| 0.86 | AMEIX | Equity Growth | PairCorr |
| 0.93 | AMGIX | Income Growth | PairCorr |
| 0.85 | AMKIX | Emerging Markets | PairCorr |
The ability to find closely correlated positions to Small Cap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Small Cap when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Small Cap - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Small Cap Value to buy it.
The correlation of Small Cap is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Small Cap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Small Cap Value moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Small Cap can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Small Cap Value. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.