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Global IPO Fund (IPOSX)

14.55
Net Asset Value
+0.21%
1 Day
+0.48%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
3.86%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in a diversified portfolio of the common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs ") (together "securities "), without regard to their market capitalization, of newly listed initial public offerings of domestic and foreign companies ("IPOs") that trade on a U.S. exchange.

Performance

1 month+4.01% 3 years-1.32%
3 months-7.57% 5 years+7.58%
1 year-2.20% Since inception+0.97%
Data through --

Peer Comparisonvs. Mid-cap growth

 IPOSXCategory
Performance 5-yr return+7.58%+13.89%
Expense ratio3.86%1.26%
Risk 5 year sharpe ratio0.540.91
Net assets$6.6M$1.2B
Average market cap$5.1B$9.6B
Average P/E40.024.4
Portfolio turnover113%113%

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Fund Management and Purchase Info

Fund familyRenaissance Capital
Fund manager & tenureLinda Killian / 18 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock79.96%
International stock16.03%
Other4.04%
Fixed income0.00%
Cash0.00%
Top 5 Sectors
Portfolio weighting
Consumer service 20.23%
Hardware 16.89%
Business service 15.36%
Energy 9.38%
Industrial materials 9.29%
Top 10 Holdings
Portfolio weighting
PE Parsley Energy Inc5.65%
DLTH Duluth Holdings Inc5.22%
BABA Alibaba Group Holding Ltd5.20%
TRU TransUnion4.85%
LN Line Corp4.76%
BKFS Black Knight Financial Services Inc4.60%
BETR Amplify Snack Brands Inc4.55%
ACIA Acacia Communications Inc4.35%
STOR Store Capital Corp4.14%
OLLI Ollie's Bargain Outlet Holdings Inc4.05%