Leland Thomson Reuters Venture Capital Index Fund Class A (LDVAX)

16.62
Net Asset Value
-0.60%
1 Day
+14.62%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
5.75
Sales Expenses
2.00%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that- before fees and expenses- correspond generally to the price performance of a specific benchmark designed to track the aggregate performance of U.S. venture capital-backed companies. The fund seeks to provide investment results that- before fees and expenses- correspond generally to the price performance of the Thomson Reuters Venture Capital Index (the "underlying index"). The underlying index seeks to replicate the aggregate gross performance of U.S. venture capital-backed companies. However- the fund does not invest directly in venture capital funds or start-up companies. The fund is non-diversified.

Performance

1 month+5.32% 3 years+24.09%
3 months+11.28% 5 years--
1 year+53.57% Since inception+26.30%
Data through --

Peer Comparisonvs. Large blend

 LDVAXCategory
Performance 5-yr return--+14.24%
Expense ratio2.00%0.98%
Risk 5 year sharpe ratio--1.37
Net assets$29.2M$5.6B
Average market cap$80.2B$126.0B
Average P/E25.823.7
Portfolio turnover88%88%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyLeland Funds
Fund manager & tenureDavid Armstrong / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock95.16%
Cash3.01%
International stock1.89%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
MA MasterCard5.28%
MSFT Microsoft2.91%
IBM IBM2.76%
FB Facebook2.69%
V Visa2.62%
ADBE Adobe2.60%
ATVI Activision Blizzard Inc2.53%
CRM Salesforce.com2.43%
ADP Automatic Data Processing Inc2.42%
ORCL Oracle2.42%