US Stock markets have rallied significantly from the tariff tantrum lows in April 2025, and many investors believe they missed opportunities. Despite the broadening of the rally, value companies remain attractive on a relative and absolute basis, giving investors a chance to lock-in large cap gains and allocate elsewhere.
We believe small and mid-cap value equities offer a superior risk-adjusted allocation relative to the major indices and large cap stocks.
We are still finding opportunities that meet our strict absolute-value criteria for the Frank Value Fund.
Previous periods of significant growth outperformance similar to today include the 1999 tech-bubble and 2021 meme stock bubble. Both ended up being spectacular times to allocate to value.
Valuations are extremely elevated in the Nasdaq 100 and S&P 500. Mid-caps, however, are near the lower end of their historical valuation range.
Superior Performance
Frank Value Fund has significantly outperformed the small and mid-cap indices.
← Back to News