SBAuer's Auer Growth Fund Receives a 2024 LSEG Lipper Fund Award

INDIANAPOLIS, April 16, 2024 ~ The LSEG Lipper Fund Awards, known as a prestigious industry achievement for over 30 years, have just announced their 2024 winners. Among them is SBAuer's Auer Growth Fund [AUERX], which has received the 2024 LSEG Lipper Fund Award for "Best Fund Over Three Years" in the Small-Cap Core Fund category.

This award is considered a global industry benchmark and recognizes funds and fund management firms with consistently strong risk-adjusted performance over three, five, and ten years compared to their peers. The Auer Growth Fund was ranked number one in the Small-Cap Core Fund category for the three-year period ended on November 30th, 2023. This category had a total of 879 funds in the share class count and a portfolio count of 269 based on risk-adjusted returns.

"We couldn't be more thrilled and humbled to receive this award," said Senior Portfolio Manager Bob Auer. "We believe in this fund and are excited to see it gain recognition for its performance over the past three years."

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The Auer Growth Fund follows a disciplined investment strategy, focusing on stocks of companies with quarterly year-over-year profit growth of at least 25% and quarterly year-over-year revenue growth of at least 20%. These stocks must also have a price-to-earnings ratio of less than 12 times earnings. Any stock that does not meet these criteria on a quarterly basis is removed from the portfolio, and any stock that doubles in value is sold.

SBAuer was established in 2008 when father and son team Bryan and Bob Auer converted their portfolio into a retail mutual fund - the Auer Growth Fund. Currently, Senior Portfolio Manager Bob Auer, along with managers Eric McKenzie and Paul Auer (Bob's brother), oversee the fund's investment picks.

The LSEG Lipper Fund Awards use the Leader for Consistent Return rating to rank funds, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund in each eligible classification with the highest value wins the award.

To view the full list of 2024 LSEG Lipper Fund Award winners, please visit their website. The Auer Growth Fund's recognition as the best fund in the Small-Cap Core category for the three-year period ending on November 30th, 2023, is a testament to SBAuer's successful investment strategy and commitment to delivering strong risk-adjusted returns for its investors.
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