The Roubaix Fund Composite returned -0.16%, outperforming the Russell 2000's -1.49% return. Year to date, the fund is up 9.15%, slightly under the Russell's 10.39% gain and compared to the S&P 500's 19.53 jump.
Roubaix’s strategy
Roubaix seeks to benefit from structural inefficiencies in small caps, especially those with a greater dispersion of returns, lower sell-side coverage, and limited buy-side crowding. The firm believes all of those enable it to generate alpha on both the long and short sides of its portfolio.
The Roubaix team feels that less diversified small businesses are more affected by the drivers that create...