They say from little things, big things grow. And that is certainly true for Australian companies. But on every company's way to the top, they have to pass through a funny little area in the middle. Ladies and gentlemen, let us introduce to you - the mid-cap universe. These companies may not have the same balance sheet strength as names at the top of the market, and may not be the pocket rocket growers down the bottom, but according to Lonsec's Peter Green, this diverse equity class deserves a spot in your portfolio, particularly when considering downside protection. 

Mid-caps embrace companies between 100 and 51 on the ASX-100 index and have been some of the best performers over the last twelve months. Thanks to companies including Oz Minerals and Nine Entertainment (up 151% and 102% respectively), investors have been pleasantly surprised as this equity class shot up around 30% over the last twelve months.

As the market continues to rally, will the fertilising ground for these Aussie zingers turned large caps follow suit? According to Bruce Williams and Catherine Allfrey, we may be approaching the end of the stellar run.

In this thematic episode of Buy Hold Sell, Livewire Markets' Bella Kidman sits down with Bruce and Catherine to talk all things midcaps, where they're seeing opportunity in the space. Plus, they'll share one mid-cap stock that has been misunderstood by the market. 

Note: This episode was filmed on 9 June 2021.