Conestoga Capital Advisors Rebrands Micro Cap Fund to Conestoga Discovery Fund with Focus on Unfollowed Companies.

Conestoga Capital Advisors, LLC has rebranded its Conestoga Micro Cap Fund to the Conestoga Discovery Fund. The name change reflects the fund’s underlying investment approach of discovering unfollowed and/or under-appreciated high-quality micro-cap companies. The philosophy and investment discipline of the fund remain the same, and the net expense ratio has not changed. The fund seeks long-term capital appreciation through a portfolio of 25 to 35 micro and small capitalization companies. Conestoga’s assets under management have surpassed $7.1 billion, with its flagship Conestoga Small Cap Growth strategy only available to existing investors. The firm’s new business development efforts are primarily focused on its Micro Cap Growth, SMid Cap Growth, and Mid Cap Growth strategies, which are available via mutual fund and separate account vehicles.