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

16.24
Net Asset Value
+1.06%
1 Day
+52.78%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
5.75
Sales Expenses
1.85%
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-0.67% 3 years+20.41%
3 months+7.34% 5 years--
1 year+49.06% Since inception+22.13%
Data through --

Peer Comparisonvs. Large blend

 LDVAXCategory
Performance 5-yr return--+12.91%
Expense ratio1.85%0.98%
Risk 5 year sharpe ratio--1.37
Net assets$19.1M$5.3B
Average market cap$74.2B$132.8B
Average P/E25.722.2
Portfolio turnover256%256%

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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. stock89.04%
Fixed income5.37%
Cash3.59%
International stock2.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.96%
ADBE Adobe2.87%
CTSH Cognizant Technology Solutions Corp2.77%
UNH UnitedHealth2.65%
ACN Accenture2.64%
MSFT Microsoft2.54%
CRM Salesforce.com2.54%
ATVI Activision Blizzard Inc2.52%
NFLX Netflix2.42%
ADP Automatic Data Processing Inc2.40%