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SOURCE Stewart Capital Advisors, LLC
- Firm Among 10 to Receive Highest Rank in Mid Cap Universe -
INDIANA, Pa., March 5, 2013 /PRNewswire/ -- Stewart Capital Advisors, LLC (SCA), a subsidiary of S&T Bank, was awarded the highest rank of six stars from PSN Top Guns for its Mid Cap Investment Strategy in the Mid Cap Universe category. Of the 296 firms and 431 products in the PSN Mid Cap Universe, Stewart Capital Advisors shares this rank with the top 10 performing firms for the period ended December 31, 2012.
"We believe our focus on the business of the companies we own and our emphasis on valuation have been important contributors to the success of the strategy," said Malcolm Polley, president and chief investment officer, Stewart Capital Advisors. "We are pleased to have the results of our fundamental, bottom-up approach and long-term perspective recognized."
PSN, which stands for Plan Sponsor Network, is produced by Informa Investment Solutions and is one of the foremost investment manager search and evaluation databases to be offered in the industry. Since 1984, firms included in PSN are the major players of the investment management business. PSN tracks more than 1,600 money management firms and over 7,000 investment products.
About PSN Rankings
PSN bases its selections on information prepared and/or submitted by the recognized entities. PSN creates peer groups using the information collected through the PSN investment manager questionnaire and uses only gross of fee returns. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the recent five year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. In addition, PSN selects only the products for which the standard deviation for the five year period is equal or less than the median standard deviation for the peer group. The top ten information ratios for the latest five-year period then become the TOP GUNS.
Rankings and recognitions should be not construed as a guarantee that Stewart Capital will provide a certain level of results in client accounts nor should they be construed as current or past recommendations of Stewart Capital by clients. Additional details regarding the criteria and process utilized in formulating these rankings is available by calling 855.783.9227.
About Stewart Capital Advisors, LLC
Stewart Capital Advisors, LLC (SCA), a subsidiary of S&T Bank, is based in Indiana, Pennsylvania and is an SEC registered investment advisory firm specializing in the management of value-styled portfolios, in addition to serving as the investment adviser for Stewart Capital Mutual Funds. SCA offers separate account management for public funds, corporations, endowments, foundations, and other subadvised accounts. For more information, visit stewartcap.com. SCA currently has over $1 billion in assets under management.
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