The Conestoga Small Cap Fund (CCASX) has been added to Charles Schwab's Mutual Fund OneSource Select List for the first quarter of 2016.
The Mutual Fund OneSource Select List is a list of no-load and no-transaction fee mutual funds that have passed rigorous screening for performance, risk and expenses by Charles Schwab Investment Advisory, Inc.
"We very much appreciate Schwab's selection of the Conestoga Small Cap Fund for the OneSource Select List," says Conestoga Co-Founder/Managing Partner and Portfolio Manager Bob Mitchell. "As advisor to the Conestoga Small Cap Fund since its inception in 2002, this is a major milestone in our history."
The Conestoga Small Cap Fund seeks to provide long-term growth of capital through a portfolio invested in small-cap companies. The investment team searches for profitable companies, which they believe have sustainable earnings growth rates, strong financial characteristics, and insider ownership. Conestoga conducts intensive fundamental analysis on every company prior to purchasing the stock into the Fund. The Conestoga Small Cap Fund had total net assets of $661.2 million as of December 31, 2015.
"Schwab has an outstanding reputation as a key service provider to individuals and registered investment advisors," says Mark Clewett, Managing Partner/Director of Institutional Sales. "The selection of the Conestoga Small Cap Fund by Schwab is a real accolade for our firm."
