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With low-cost, tradeable products tracking indices like the S&P MidCap 400® and the S&P SmallCap 600® being made available internationally, the opportunity set is changing.
U.S. small and mid caps are a significant part of the global equity market, larger in size than France and most major European nations.
European fund investors have so far made only minimal allocations to smaller U.S. companies, particularly when compared to their weight in the global markets, or when compared to U.S. large cap allocations.