Large Cap stocks are generally the stocks of companies that have total market capitalization above $10 billion based on the current range of market capitalizations of all U.S. stocks. Value stocks are those stocks whose share prices are, or appear to be, undervalued relative to their values implied by their business fundamentals. Phocas measures these valuations using various traditional valuation metrics like price-to-earnings and price-to-book ratios as well as other valuation models. Recently, the average and median market capitalizations of the stocks in the Phocas Large Cap Value portfolio were some $84 billion and $21 billion, respectively.

Successful Large Cap Value investing requires extensive knowledge of Large Cap Value management teams, investor expectations, effective deployment of capital, and a thorough knowledge and understanding of the world of equity investing.

Phocas Financial's team of investment professionals has over 55 years of collective experience analyzing value equities. We have the knowledge, experience and tools necessary to build and manage diversified Large Cap Value portfolios that deliver long-term value with moderate risk.