Mid Cap Growth
Objective
Seek capital appreciation.
Portfolio Manager
Scott S. Pape, CFA - Earned a BSE in Engineering in 1978 from the University of Iowa and an MBA in Finance in 1981 from the University of Chicago. Since January 1999, Scott has been employed by CastleArk Management as a Vice President and has been primarily focused on the management of mid-cap growth equity portfolios. From 1991 until January 1999, Scott was a Vice President and portfolio manager for Loomis, Sayles & Co., L.P., with principal responsibilities for the management of the firm's mid-cap growth products. Scott earned the Chartered Financial Analyst designation in 1984.
Strategy
The Mid-Cap Growth approach is to construct a well-diversified portfolio of dominant, well-managed companies that are capable of sustaining earnings growth in excess of 20% per year for at least the next five years. We identify companies that demonstrate leadership qualities such as dominant market share, low cost producer status, innovative research and development and new product focus. In addition to these superior subjective qualities, these companies possess high returns on invested capital, low debt-to-equity ratios and forecasted earnings growth far in excess of the average company in the mid-capitalization range of $1-5 billion. Portfolio turnover averages 40-60% per year.
