LKSMX – LKCM Small-Mid Cap Equity Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize long-term capital appreciation. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small-mid capitalization companies. The fund primarily chooses investments that the Adviser believes are likely to have above-average growth in revenue and/or earnings and potential for above-average capital appreciation.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LKSMX	LKCM Small-Mid Cap Equity Fund Institutional Class	Institutional	Open			May 2, 2011	$41.83M	1.010%	High	$2,000	−$1.87M

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