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

18.73
Net Asset Value
-1.16%
1 Day
+29.17%
Year-to-Date
Overall Morningstar Rating
Large growth
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+7.40% 3 years+26.53%
3 months+8.45% 5 years--
1 year+50.38% Since inception+25.33%
Data through --

Peer Comparisonvs. Large growth

 LDVAXCategory
Performance 5-yr return--+13.81%
Expense ratio2.00%1.10%
Risk 5 year sharpe ratio--1.17
Net assets$60.2M$3.6B
Average market cap$87.5B$154.1B
Average P/E31.326.8
Portfolio turnover88%88%

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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. stock91.81%
Cash4.46%
International stock2.18%
Fixed income1.54%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FB Facebook3.21%
ADBE Adobe3.02%
NFLX Netflix3.01%
V Visa2.99%
ACN Accenture2.93%
ORCL Oracle2.89%
CRM Salesforce.com2.89%
MSFT Microsoft2.81%
PYPL PayPal Holdings Inc2.73%
MA MasterCard2.69%