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Lateef Fund Class A (LIMAX)

9.73
Net Asset Value
-0.10%
1 Day
+9.45%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
5
Sales Expenses
1.41%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide principal preservation and long-term capital appreciation. The fund normally invests in the common stocks of approximately 15 to 25 mid- and large-cap companies (market capitalizations greater than $2 billion) with, in the Adviser's opinion, a sustainable competitive advantage. The Adviser uses an intensive fundamental due diligence research process to attempt to identify companies with owner-oriented management teams that, in the view of the Adviser, generate consistent and sustainable high returns on capital. It is non-diversified.

Performance

1 month-3.18% 3 years+5.29%
3 months+2.42% 5 years+9.89%
1 year+9.80% Since inception+6.86%
Data through --

Peer Comparisonvs. Large growth

 LIMAXCategory
Performance 5-yr return+9.89%+13.87%
Expense ratio1.41%1.13%
Risk 5 year sharpe ratio0.931.27
Net assets$104.3M$3.2B
Average market cap$41.8B$116.3B
Average P/E26.626.7
Portfolio turnover42%42%

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Fund Management and Purchase Info

Fund familyLateef Investment Management LP
Fund manager & tenureQuoc Tran / 9 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock95.18%
International stock4.36%
Cash0.45%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 31.63%
Business service 17.30%
Hardware 13.88%
Telecommunication 8.11%
Energy 7.91%
Top 10 Holdings
Portfolio weighting
V Visa8.25%
GOOGL Google7.00%
DHR Danaher Corp6.12%
FB Facebook5.71%
AGN Allergan5.12%
DLPH Delphi Automotive PLC5.10%
XPO XPO Logistics Inc5.07%
ADSK Autodesk Inc5.04%
Q Quintiles IMS Holdings Inc4.79%
-- 4.36%