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Lateef Fund Class A (LIMAX)

9.03
Net Asset Value
+0.44%
1 Day
-18.94%
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+2.25% 3 years+5.00%
3 months+4.57% 5 years+10.96%
1 year+3.63% Since inception+5.95%
Data through --

Peer Comparisonvs. Large growth

 LIMAXCategory
Performance 5-yr return+10.96%+14.98%
Expense ratio1.41%1.16%
Risk 5 year sharpe ratio0.841.05
Net assets$234.0M$2.8B
Average market cap$37.9B$89.4B
Average P/E27.926.2
Portfolio turnover65%65%

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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. stock100.02%
International stock0.00%
Fixed income0.00%
Cash0.00%
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
FB Facebook7.88%
GOOGL Google7.87%
ADSK Autodesk Inc7.09%
-- 6.81%
SIVB SVB Financial Group5.88%
CELG Celgene5.81%
DLPH Delphi Automotive PLC5.63%
NLSN Nielsen Holdings PLC4.95%
NWL Newell Brands Inc4.94%
DG Dollar General4.93%