Russell 2000: A Phenomenal Year

The Russell 2000 was having such a phenomenal run this past year off of the lows in March and then especially heating up after the election. What we're witnessing is a lot of rotation within the small cap universe, where growth names really outperformed last year over the value names. And what we were beginning to witness at the end of last year was a greater appetite for recovery plays. Where we focus and spend a lot of our time is more within technology, healthcare, a little bit higher growth, but we have more of a garb strategy.