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ardinal apital Management, L.L.. - cardcap.com

Market Commentary Performance Commentary Highlighted Investments Valvoline HRG Group Market and Portfolio Outlook Cardinal Capital Management, small Cap Value First Quarter 2018 IN THIS ISSUE Market Commentary small and large cap indices, as represented by the Russell 2000 and 1000, fell and , respectively, in the first quarter. Within the Russell 2000, the growth index rose while the value index declined due to the latter s smaller weighting in better performing information technology and healthcare stocks.

• Market ommentary • Performance ommentary • Highlighted Investments • Valvoline • HRG Group the best performers. Small cap stocks …

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