Lateef Fund Class A (LIMAX)

14.42
Net Asset Value
+0.14%
1 Day
+3.37%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
5
Sales Expenses
1.41%
Expense Ratio
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+0.42% 3 years+15.02%
3 months+1.12% 5 years+16.58%
1 year+5.00% Since inception+7.12%
Data through --

Peer Comparisonvs. Large growth

 LIMAXCategory
Performance 5-yr return+16.58%+13.86%
Expense ratio1.41%1.21%
Risk 5 year sharpe ratio1.051.14
Net assets$762.0M$2.8B
Average market cap$19.2B$77.8B
Average P/E22.621.8
Portfolio turnover41%41%

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Fund Management and Purchase Info

Fund familyLateef Investment Management, L.p.
Fund manager & tenureQuoc Tran / 7 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock95.37%
Cash4.63%
International stock0.00%
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
AME Ametek Inc6.89%
TW Towers Watson & Co6.63%
CELG Celgene5.90%
WAB Westinghouse Air Brake Technologies Corp5.28%
NLSN Nielsen NV4.89%
FB Facebook4.85%
AON Aon PLC4.80%
DHR Danaher Corp4.72%
JLL Jones Lang LaSalle Inc4.46%
SWK Stanley Black & Decker Inc4.43%

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