Lateef Fund Class A (LIMAX)

14.60
Net Asset Value
-0.27%
1 Day
+1.81%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
5
Sales Expenses
1.45%
Expense Ratio
Below 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-0.75% 3 years+14.52%
3 months+2.95% 5 years+16.33%
1 year+17.23% Since inception+7.38%
Data through --

Peer Comparisonvs. Large growth

 LIMAXCategory
Performance 5-yr return+16.33%+17.64%
Expense ratio1.45%1.24%
Risk 5 year sharpe ratio1.211.16
Net assets$891.6M$2.6B
Average market cap$13.9B$71.2B
Average P/E23.123.4
Portfolio turnover41%41%

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Fund Management and Purchase Info

Fund familyLateef Investment Management, L.p.
Fund manager & tenureQuoc Tran / 6 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock94.78%
International stock4.03%
Cash1.19%
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 Inc6.58%
WYNN Wynn Resorts Ltd6.01%
HSP Hospira Inc6.00%
TRMB Trimble Navigation Ltd5.49%
TYC Tyco International Ltd5.21%
WAB Westinghouse Air Brake Technologies Corp4.98%
SWK Stanley Black & Decker Inc4.83%
TW Towers Watson & Co Class A4.79%
ACN Accenture PLC Class A4.62%
SNI Scripps Networks Interactive Inc4.61%

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